亿晶光电(600537) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue surged by 167.45% to CNY 967,718,342.17 year-on-year[11] - Net profit attributable to shareholders was a loss of CNY 80,409,428.96, compared to a loss of CNY 57,627,663.54 in the same period last year[11] - The net profit excluding non-recurring gains and losses was also a loss of CNY 80,118,461.23, compared to a loss of CNY 64,293,860.22 last year[11] - The basic earnings per share were reported at CNY -0.07, compared to CNY -0.05 in the same period last year[11] - The company reported a net loss of ¥14,953,181.75 for Q1 2021, compared to a net loss of ¥14,925,000.65 in Q1 2020, indicating a slight increase in losses[42] - The operating profit for the first quarter of 2021 was -85,315,208.77 RMB, compared to -75,220,093.64 RMB in the previous year, showing a worsening of operational performance[45] - The total comprehensive income for the first quarter of 2021 was -94,154,230.72 RMB, compared to -57,625,058.48 RMB in the first quarter of 2020, indicating a larger loss in comprehensive income[46] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -467,742,077.49, worsening from CNY -23,047,089.18 in the previous year[11] - The company reported a cash flow from operating activities of -467,742,077.49 RMB for the first quarter of 2021, compared to -23,047,089.18 RMB in the same period of 2020, highlighting a significant decline in cash flow[53] - Cash flow from financing activities for Q1 2021 was ¥1,031,674,344.37, compared to -¥73,600,863.68 in Q1 2020, indicating a substantial increase in cash received from investments[23] - Total cash inflow from financing activities reached 1,090,803,840.09, with a net cash flow of 1,031,674,344.37 after accounting for outflows[54] - The cash inflow from operating activities was primarily from other operating cash receipts amounting to 4,278,947.01[58] Assets and Liabilities - Total assets increased by 6.89% to CNY 8,026,896,026.87 compared to the end of the previous year[11] - The company reported a significant increase in trading financial assets, amounting to CNY 500,000,000.00 due to the purchase of financial products[18] - The company’s long-term borrowings increased to ¥110,960,272.07, a 362.33% increase from ¥24,000,000.00 in the previous year[20] - The company’s other non-current assets surged to ¥134,309,564.27, a significant increase of 1,648.6% from ¥7,680,579.08[20] - Total liabilities decreased to ¥8,483,145.86 in Q1 2021 from ¥12,498,575.93 in Q1 2020, a reduction of approximately 32%[42] - The company’s total liabilities increased significantly, impacting its financial stability and future operational capacity[45] Shareholder Information - The number of shareholders reached 60,564 by the end of the reporting period[14] - The largest shareholder, Shenzhen Qinchengda Investment Management Co., held 21.65% of shares, totaling 254,696,214 shares[14] Revenue and Costs - Revenue for Q1 2021 reached ¥967,718,342.17, a 167.45% increase compared to ¥361,826,289.40 in Q1 2020, primarily due to increased sales of solar modules[20] - Operating costs for Q1 2021 were ¥959,911,004.27, up 185.30% from ¥336,458,462.88 in Q1 2020, reflecting the rise in solar module sales[20] - Total operating costs for Q1 2021 were ¥1,049,895,265.10, compared to ¥414,179,820.33 in Q1 2020, indicating an increase of about 153%[42] - Research and development expenses for Q1 2021 amounted to ¥39,820,201.55, up from ¥33,050,341.54 in Q1 2020, reflecting a growth of approximately 20%[42] Cash and Equivalents - Cash and cash equivalents as of March 31, 2021, were ¥1,134,202.20, up from ¥989,610.50 at the end of 2020, indicating a growth of about 15%[37] - The ending balance of cash and cash equivalents as of Q1 2021 was 841,392,610.23, compared to 797,039,522.36 at the end of the previous period[54] - The company reported a net increase in cash and cash equivalents of -170,258,591.47 for the period[54] Foreign Exchange and Investment - The company recorded a foreign currency translation loss of -294,189.27 RMB in the first quarter of 2021, compared to a gain of 2,605.06 RMB in the same quarter of 2020[46] - The company’s investment income for the first quarter of 2021 was 526,027.40 RMB, down from 2,469,102.01 RMB in the same period of 2020, reflecting a decline in investment performance[53]