烽火通信(600498) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 4.03 billion, representing a year-on-year increase of 38.45%[4] - Net profit attributable to shareholders was CNY 30.10 million, a significant turnaround from a loss of CNY 190.24 million in the same period last year, marking an increase of 115.82%[4] - Basic earnings per share increased to CNY 0.03, up 118.75% from a loss of CNY 0.16 per share in the same period last year[4] - The weighted average return on equity rose to 0.26%, an increase of 1.93 percentage points from -1.67% in the previous year[4] - The company reported a total comprehensive income of CNY 40,977,758.87 for Q1 2021, compared to a loss of CNY 210,667,370.10 in Q1 2020[21] - The net profit for Q1 2021 was CNY 30,635,764.02, a significant recovery from a net loss of CNY 192,143,397.58 in Q1 2020[20] - The company achieved a profit before tax of CNY 34,929,153.35 in Q1 2021, a turnaround from a loss of CNY 186,031,705.04 in the same quarter last year[20] - In Q1 2021, the company reported a net profit of CNY 143,744,706.72, a significant increase from CNY 50,204,367.48 in Q1 2020, representing a growth of 186.5%[24] Cash Flow - Net cash flow from operating activities improved to -CNY 2.16 billion, a 38.75% reduction in cash outflow compared to the previous year[4] - Cash inflow from operating activities reached CNY 4,941,877,377.84, up from CNY 3,171,371,258.76 in Q1 2020, reflecting a growth of 55.7%[25] - The company experienced a net cash outflow from operating activities of CNY -2,158,258,058.19, an improvement from CNY -3,523,890,617.98 in the previous year[25] - The company reported a net cash inflow from financing activities of CNY 1,996,059,098.84, compared to CNY 2,238,774,302.53 in Q1 2020, indicating a decrease of 10.8%[26] - The net cash flow from financing activities was 1,728,339,683.65 RMB, a decrease from 2,211,495,994.71 RMB in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 35.45 billion, an increase of 1.16% compared to the end of the previous year[4] - Total liabilities amounted to ¥21,466,702,662.73, an increase of 6.7% from ¥20,119,664,441.55 in the previous year[18] - Total assets increased to ¥35,449,663.66 million from ¥35,041,538.71 million[13] - The total current assets were reported at 25,831,364,095.81 RMB, unchanged from the previous period[30] - The company’s total liabilities and equity combined reached ¥35,041,538,711.86[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 129,214, with the largest shareholder holding 42.23% of the shares[7] - The company decided to terminate the 2018 restricted stock incentive plan and repurchase 38,611,173 shares[10] - The company’s total shareholder equity attributable to the parent company was ¥11,472,428,105.64[32] Research and Development - R&D expenses rose by 18.75% to ¥55,543.53 million, reflecting increased investment in research and development[9] - Research and development expenses increased to CNY 555,435,281.69 in Q1 2021, up from CNY 467,718,247.38 in Q1 2020, reflecting a growth of approximately 18.7%[20] Other Financial Metrics - The company reported non-recurring gains of CNY 4.96 million during the quarter, including government subsidies and other income[6] - The company reported a decrease in other comprehensive income, improving to -¥19,140,403.39 from -¥29,021,364.89[18] - The company has long-term equity investments valued at 2,303,055,915.83 RMB, indicating a stable investment strategy[30]