ELHT(SH:600133)2021-04-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 2,147,889,863.18, an increase of 86.66% year-on-year [11]. - Net profit attributable to shareholders was CNY 29,707,203.58, a significant recovery from a loss of CNY 54,485,744.87 in the same period last year [11]. - Basic and diluted earnings per share were CNY 0.0373, a recovery from a loss of CNY -0.0795 in the same period last year [11]. - The company reported a significant increase in revenue and profit mainly due to a low base effect from the previous year impacted by the COVID-19 pandemic [11]. - Total operating revenue for Q1 2021 reached ¥2,147,889,863.18, a significant increase of 86.8% compared to ¥1,150,682,528.98 in Q1 2020 [49]. - Net profit for Q1 2021 was ¥60,963,783.04, compared to a net loss of ¥56,449,551.04 in Q1 2020 [49]. - Earnings per share for Q1 2021 were ¥0.0373, recovering from a loss of ¥0.0795 per share in Q1 2020 [49]. - The net profit for Q1 2021 was a loss of ¥47,045,048.54, an improvement compared to a loss of ¥49,593,276.47 in Q1 2020, indicating a reduction in losses by about 5.2% [55]. - The total comprehensive loss for Q1 2021 was ¥47,045,048.54, compared to a loss of ¥49,593,276.47 in Q1 2020, indicating a reduction in comprehensive losses by approximately 5.2% [55]. Cash Flow and Liquidity - Net cash flow from operating activities was negative at CNY -319,476,112.12, a decrease of 307.80% compared to the previous year [11]. - The company’s cash and cash equivalents decreased to RMB 3,128.16 million from RMB 4,391.65 million, reflecting a decline in liquidity [31]. - The company’s cash flow from operating activities for Q1 2021 was negative at ¥319,476,112.12, contrasting with a positive cash flow of ¥153,745,559.55 in Q1 2020 [55]. - The cash and cash equivalents at the end of the period amounted to 3,091,211,619.42 RMB, a decrease from 3,305,411,663.31 RMB in the previous year [57]. - The company received cash inflows from operating activities totaling ¥3,427,884,634.06 in Q1 2021, compared to ¥2,841,367,790.77 in Q1 2020, marking an increase of about 20.6% [55]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 26,452,180,238.73, a decrease of 2.67% compared to the end of the previous year [11]. - The company’s total liabilities decreased by 41.76% in other current liabilities, primarily due to the payment of due bond interest [21]. - Total assets decreased from CNY 27,178,372,195.78 to CNY 26,452,180,238.73, a decline of approximately 2.67% [35]. - Current liabilities decreased from CNY 11,438,413,636.49 to CNY 10,902,535,893.25, a reduction of about 4.68% [38]. - Non-current liabilities decreased from CNY 8,683,273,344.18 to CNY 8,433,441,004.40, a decrease of approximately 2.87% [38]. - Total liabilities reached ¥20,121,686,980.67, down from ¥20,140,343,367.37 [65]. - Current liabilities totaled ¥11,438,413,636.49, remaining unchanged [65]. - Non-current liabilities were reported at ¥8,683,273,344.18, a decrease from ¥8,701,929,730.88 [65]. Shareholder Information - The total number of shareholders at the end of the reporting period was 65,109 [18]. - The largest shareholder, Hubei Construction Investment Group Co., Ltd., held 17.10% of the shares [18]. - The total number of preferred shareholders at the end of the reporting period was not applicable, indicating no preferred shares were issued [21]. Research and Development - The company's research and development expenses increased by 118.29% to RMB 1,661.97 million compared to RMB 761.37 million in the previous year [25]. - The company reported a significant increase in research and development expenses, totaling ¥16,619,682.31 in Q1 2021, compared to ¥7,613,663.64 in Q1 2020, reflecting a growth of 118.5% [49]. Financial Strategy - The company plans to issue convertible bonds totaling RMB 15.5 billion to optimize its financial structure and enhance capital strength [26]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth [49].