TGWC(SH:600116)2021-04-22 16:00Financial Performance - Net profit attributable to shareholders was CNY 159,356,499.40, representing a year-on-year increase of 577.83%[10] - Operating revenue for the period was CNY 2,054,672,594.74, a significant increase of 880.42% compared to the same period last year[10] - Basic earnings per share rose to CNY 0.08, reflecting a 233.33% increase year-on-year[12] - Operating profit for Q1 2021 was ¥179,092,593.11, compared to ¥26,838,796.88 in the same period last year, indicating a substantial growth[53] - Net profit for Q1 2021 amounted to ¥158,562,217.39, up from ¥22,241,206.11 in Q1 2020, reflecting a strong performance[53] - Total comprehensive income attributable to the parent company for Q1 2021 was CNY 159,356,499.40, compared to CNY 23,509,898.85 in Q1 2020, marking a significant increase[55] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 19,847,216,974.40, an increase of 1.87% compared to the end of the previous year[10] - The total liabilities decreased by 33.69% to ¥798,804,594.84 from ¥1,204,576,987.11[18] - The company's equity attributable to shareholders increased to ¥10,385,524,999.89 from ¥10,209,024,108.90, a growth of 1.73%[41] - Total liabilities rose to ¥2,315,632,430.48, compared to ¥2,239,487,404.37, marking an increase of about 3.4%[50] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 35,197,218.41, compared to a net outflow of CNY 19,121,767.75 in the same period last year[10] - The company reported a net cash inflow from operating activities of ¥1,746,113,692.20, up 579.50% from ¥256,971,355.69[19] - Cash flow from operating activities for Q1 2021 was CNY 1,793,509,301.27, compared to CNY 280,136,133.84 in Q1 2020, indicating a substantial increase[61] - The total cash inflow from operating activities was 1,136,366,357.88 RMB, significantly higher than 235,001,237.77 RMB in the previous year, indicating strong operational performance[63] Shareholder Information - The total number of shareholders at the end of the reporting period was 46,736[12] - The largest shareholder, China Yangtze Power Co., Ltd., held 225,375,604 shares, accounting for 11.79% of the total shares[12] Investments and Expenditures - The company plans to invest up to CNY 200 million in equity investments to improve operational efficiency and development momentum [30] - The company paid out ¥78,955,512.48 in dividends, which is an increase of 611.98% from ¥11,089,542.67[19] - Cash paid for purchasing goods and services amounted to ¥1,443,810,596.13, reflecting an increase of 822.70% from ¥156,476,980.49[19] - The company reported a decrease in compensation received for the demolition of power line assets compared to the previous year [24] Operational Costs - Operating costs surged by 915.87% to ¥1,763,312,052.62 from ¥173,576,616.22[18] - The company’s total operating costs for Q1 2021 were ¥1,913,565,167.40, significantly higher than ¥199,289,030.19 in Q1 2020, indicating increased operational expenses[50] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 13,213,000.25 for the period[12] - The company incurred a financial expense of ¥60,357,690.54, which is an increase of 433.51% from ¥11,313,411.85[18] - The investment income for the period was ¥27,244,298.09, a substantial increase of 4,934.35% from ¥541,167.72[18] - The company received dividends from its joint venture, which were not received in the same period last year, contributing to an increase in income [24]