ETERN(SH:600105)2021-04-26 16:00Financial Performance - Operating revenue rose by 70.71% to CNY 825,762,275.86 year-on-year[12] - Net profit attributable to shareholders reached CNY 120,530,282.02, a 203.36% increase compared to the same period last year[12] - Basic earnings per share improved to CNY 0.0873, a 193.27% increase from the previous year[12] - The company reported a total current liability of approximately 4.03 billion yuan, up from 3.71 billion yuan, indicating an increase of about 8.5%[43] - Operating profit for Q1 2021 was ¥159,790,454.75, compared to a loss of ¥115,970,678.34 in Q1 2020, indicating a turnaround in profitability[54] - Net profit for Q1 2021 was ¥136,438,485.47, a recovery from a net loss of ¥118,158,958.24 in the same period last year[54] - Total comprehensive income amounted to approximately ¥136.92 million, compared to a total comprehensive loss of ¥117.05 million in the same period last year[60] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 155,660,911.11, worsening by 1,005.96% year-on-year[12] - The net cash flow from operating activities was negative RMB 155,660,911.11, a significant decline of 1,005.96% compared to negative RMB 14,074,763.47 in the previous year, mainly due to increased cash outflow from overseas project settlements[30] - The company reported a net cash outflow from operating activities of approximately ¥155.66 million, compared to a net outflow of ¥14.07 million in the previous year[62] - The net cash flow from operating activities was -272,016,721.90 RMB, compared to -25,602,147.78 RMB in the same quarter last year, indicating a significant decline in operational cash flow[67] - Total cash inflow from operating activities was 170,619,336.55 RMB, slightly up from 168,183,545.47 RMB year-over-year[67] Assets and Liabilities - Total assets increased by 4.70% to CNY 7,717,254,074.67 compared to the end of the previous year[12] - The company’s total liabilities increased significantly, with current liabilities due within one year rising by 191.16% to RMB 214,024,598.75, reflecting an increase in long-term borrowings[25] - The company's total liabilities increased to approximately 4.58 billion yuan from 4.32 billion yuan, representing an increase of about 6%[43] - The company's equity attributable to shareholders rose to approximately 2.83 billion yuan from 2.71 billion yuan, an increase of about 4.5%[43] - The total amount of prepayments increased by 409.27% to RMB 392,148,654.59, primarily due to payments made for the GTOG project in Bangladesh[25] Investment and Income - The company transferred 11.9% equity in Wuhan Yongding Optical Technology Co., resulting in a profit increase of CNY 113,800,000[15] - Investment income from joint ventures increased by CNY 2,083.44 million year-on-year[14] - The company reported an investment income of RMB 182,020,289.18, a substantial increase of 1,379.47% from negative RMB 14,226,181.25 in the same period last year, driven by the sale of equity in Wuhan Yongding Optical Technology Co., Ltd.[28] - The company reported a significant investment income of ¥182,020,289.18 in Q1 2021, contrasting with a loss of ¥14,226,181.25 in Q1 2020, indicating a strong recovery in investment performance[54] Expenses - The cost of goods sold increased by 41.32% to RMB 724,123,178.80 from RMB 512,390,500.38, reflecting the rise in sales volume as the market normalized[28] - The company's financial expenses rose by 497.22% to RMB 22,128,110.84, attributed to increased borrowing costs and foreign exchange losses[28] - The company’s tax expenses surged by 20,269.25% to RMB 22,158,761.84, correlating with the increase in profits during the period[28] - Research and development expenses increased to ¥34,952,984.96 in Q1 2021, compared to ¥29,541,147.51 in Q1 2020, marking a rise of 18.1%[54] Shareholder Information - The total number of shareholders at the end of the reporting period was 74,256[18] - The company issued 9.8 million convertible bonds with a total amount of 98 million yuan, and as of the report date, 71.87 million yuan of these bonds have been converted into 142,594,989 shares, accounting for 11.45% of the total shares before conversion[31]