ATLANTIC(SH:600558)2021-04-27 16:00Financial Performance - Operating revenue rose by 65.35% to CNY 904,151,279.31 year-on-year, driven by increased sales volume and price hikes[14] - Net profit attributable to shareholders reached CNY 30,739,417.15, a significant turnaround from a loss of CNY 2,804,432.52 in the same period last year, marking a 1,196.10% increase[6] - Basic earnings per share increased to CNY 0.0342, compared to a loss of CNY 0.0031 in the same period last year, reflecting a 1,203.23% growth[6] - Total profit grew by 1,673.02% year-over-year, mainly driven by an increase in gross profit[16] - Net profit rose by 992.46% compared to the previous year, attributed to the increase in total profit[16] - The company reported an operating profit of ¥48,075,175.11, a significant recovery from an operating loss of ¥2,871,623.16 in the previous year[34] Cash Flow - Cash flow from operating activities improved by 38.06%, with a net outflow of CNY 77,135,914.44, compared to a larger outflow of CNY 124,534,469.58 last year[6] - Cash flow from operating activities increased by 38.06% year-over-year, as cash received from customers grew more than cash paid[16] - The cash inflow from operating activities for Q1 2021 showed positive trends, indicating improved liquidity and operational efficiency[40] - In Q1 2021, the cash inflow from operating activities was CNY 661,835,425.60, a 73.7% increase from CNY 381,281,609.87 in Q1 2020[41] - The net cash flow from operating activities was -CNY 77,135,914.44, an improvement from -CNY 124,534,469.58 in the same period last year[41] - The cash inflow from financing activities totaled CNY 100,305,435.98, up from CNY 91,541,754.16 in Q1 2020, marking a 9.2% increase[43] - The net cash flow from financing activities was CNY 28,664,218.47, compared to -CNY 20,704,442.09 in Q1 2020, indicating a significant turnaround[43] Assets and Liabilities - Total assets increased by 3.62% to CNY 3,187,520,504.38 compared to the end of the previous year[6] - Total liabilities increased to CNY 850,912,850.29 from CNY 778,437,174.18 at the end of 2020[22] - Shareholders' equity totaled CNY 2,336,607,654.09 as of March 31, 2021, compared to CNY 2,297,702,938.48 at the end of 2020[24] - The total number of shareholders reached 37,871, with the largest shareholder holding 33.37% of the shares[9] - The company's total liabilities decreased from CNY 1,579,570,128.71 at the end of 2020 to CNY 1,579,570,128.71 at the beginning of 2021, indicating stability in its financial position[50] Investment and Growth - Investment income skyrocketed by 877.65% to CNY 3,362,815.67, attributed to increased profits from joint ventures[14] - The company reported a significant increase in construction in progress by 51.07% to CNY 46,691,383.16, indicating ongoing investment in capacity expansion[12] - Research and development expenses for Q1 2021 were ¥9,441,827.27, up from ¥8,263,982.29 in Q1 2020, indicating a focus on innovation[34] Equity and Shareholder Information - The company's equity increased to ¥1,977,758,846.18 from ¥1,964,810,413.05, reflecting a growth of 0.7%[31] - The capital reserve stood at ¥447,989,300.58, contributing to the overall equity structure[54] - The total liabilities and shareholders' equity combined reached ¥3,076,140,112.66, reflecting the company's financial position[54]