CTM(SH:600711)2021-04-27 16:00Financial Performance - Net profit attributable to shareholders reached CNY 416,769,959.43, a significant recovery from a loss of CNY 29,566,518.98 in the same period last year[12] - Operating revenue grew by 29.17% to CNY 11,495,405,716.47, compared to CNY 8,899,200,119.36 in the previous year[12] - Net cash flow from operating activities was CNY 916,300,221.70, a turnaround from a negative cash flow of CNY -376,979,755.83 in the same period last year[12] - Basic and diluted earnings per share improved to CNY 0.157, recovering from a loss of CNY -0.013 in the previous year[12] - Net profit increased by approximately ¥829.51 million year-on-year, with net profit attributable to shareholders of the parent company increasing by approximately ¥446.34 million, primarily due to profit growth from overseas and domestic companies[23] - Operating cash flow net amount increased by approximately ¥1.29328 billion year-on-year, driven by increased sales cash inflows from overseas and domestic companies[23] - Net profit for Q1 2021 was ¥819,875,872.85, a significant recovery from a net loss of ¥9,629,888.34 in Q1 2020[47] - Earnings per share for Q1 2021 were ¥0.157, compared to a loss of ¥0.013 per share in Q1 2020[47] - Total comprehensive income for Q1 2021 amounted to ¥14,579,002.40, compared to a total comprehensive loss of -¥26,007,457.03 in Q1 2020[53] Assets and Liabilities - Total assets increased by 6.24% to CNY 24,683,222,444.00 compared to the end of the previous year[12] - Total current assets as of March 31, 2021, amounted to approximately ¥12.22 billion, an increase from ¥10.78 billion at the end of 2020[30] - Total liabilities decreased by approximately ¥299.75 million year-on-year, primarily due to the previous issuance of convertible bonds[23] - The company's total liabilities reached CNY 12.48 billion, up from CNY 12.02 billion, representing an increase of about 3.84%[35] - Current liabilities rose to CNY 10.35 billion, compared to CNY 9.70 billion, reflecting an increase of about 6.68%[33] - Total liabilities increased to ¥5,654,102,135.82 in 2021 from ¥5,313,426,211.11 in 2020, marking a 6.4% rise[41] - Total liabilities amounted to approximately ¥12.02 billion, with current liabilities totaling ¥9.70 billion and non-current liabilities at ¥2.32 billion[65] Shareholder Information - The total number of shareholders reached 170,041 by the end of the reporting period[17] - The largest shareholder, Shenzhen Shengtun Group Co., Ltd., holds 19.76% of the shares, with 528,552,794 shares[17] - The total equity attributable to shareholders reached approximately ¥10.68 billion, with total equity amounting to ¥11.21 billion[65] Cash Flow - Cash and cash equivalents increased by approximately ¥755.98 million compared to the beginning of the year, mainly due to increased cash inflows from sales by overseas companies such as Youshan Nickel Industry Indonesia Co., Ltd. and domestic companies[21] - The total cash outflow from operating activities was ¥12,831,299,615.65 in Q1 2021, compared to ¥11,505,061,002.64 in Q1 2020[56] - The company reported a net cash outflow from investing activities of ¥247,004,633.97 in Q1 2021, compared to a net outflow of ¥28,824,147.00 in Q1 2020[60] - Cash and cash equivalents at the end of Q1 2021 amounted to ¥1,247,046,188.58, down from ¥1,474,461,339.53 at the end of Q1 2020[58] Research and Development - Research and development expenses increased by approximately ¥5.73 million year-on-year, reflecting increased investment in R&D activities[23] - Research and development expenses for Q1 2021 were ¥11,423,726.97, up from ¥5,691,060.67 in Q1 2020, representing a 100.5% increase[45] Other Financial Information - The company reported a non-recurring loss of CNY -13,259,624.20 from financial assets and liabilities[14] - The company has not disclosed any new product developments or market expansion strategies in this report[12] - The company incurred financial expenses of ¥24,281,654.38 in Q1 2021, up from ¥15,387,101.62 in Q1 2020[51] - The company reported a significant decrease in interest expenses, down to ¥49,896,643.52 from ¥55,641,671.97 in Q1 2020[45] - The company reported a retained earnings balance of approximately ¥1.55 billion, indicating strong profitability retention[65]