DTPC(SH:600719)2021-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 17.60% to CNY 43,504,581.66 year-on-year[5] - Operating revenue slightly decreased by 1.02% to CNY 401,513,925.94 compared to the same period last year[5] - Total revenue for Q1 2021 was CNY 401,513,925.94, a decrease of 1.4% compared to CNY 405,651,765.73 in Q1 2020[24] - Net profit for Q1 2021 was CNY 43,504,581.66, down 17.5% from CNY 52,799,931.40 in Q1 2020[26] - Basic and diluted earnings per share for Q1 2021 were CNY 0.108, compared to CNY 0.130 in Q1 2020[26] - Operating profit for Q1 2021 was CNY 64,178,259.42, down from CNY 69,807,713.14 in the same period last year, reflecting a decline of 9.4%[28] - The net profit for Q1 2021 was CNY 43,163,936.73, a decrease of 17.4% compared to CNY 52,286,764.37 in Q1 2020[28] - Basic and diluted earnings per share for Q1 2021 were both CNY 0.107, down from CNY 0.129 in Q1 2020, representing a decline of 17%[29] Assets and Liabilities - Total assets decreased by 5.06% to CNY 2,573,317,384.35 compared to the end of the previous year[5] - Total assets as of Q1 2021 were CNY 2,486,314,537.23, a decrease from CNY 2,601,348,258.97 at the end of the previous period[23] - Current assets totaled 830.23 million RMB, a decrease of 14.54% from 971.34 million RMB in December 2020[19] - The total liabilities decreased to 1.79 billion RMB, compared to 1.97 billion RMB at the end of 2020[20] - Total liabilities as of Q1 2021 were CNY 1,707,359,942.17, down from CNY 1,865,557,600.64 in the previous period[23] - The company's equity attributable to shareholders increased to 787.12 million RMB, up from 743.61 million RMB[21] - Owner's equity increased to CNY 778,954,595.06 in Q1 2021, compared to CNY 735,790,658.33 in Q1 2020[24] Cash Flow - Cash flow from operating activities improved by 52.58%, reaching a net amount of CNY -26,789,753.43[5] - The net cash flow from operating activities improved to -26.79 million RMB, a 52.58% increase compared to -56.50 million RMB in the previous period[15] - Cash flow from operating activities showed a net outflow of CNY 26,789,753.43, improving from a net outflow of CNY 56,497,632.50 in Q1 2020[30] - The company reported a total cash outflow from operating activities of $161,484,468.48, compared to $244,190,058.80 in the previous year[33] - The net cash flow from investing activities decreased significantly to -72.14 million RMB, a decline of 73.58% from -41.56 million RMB due to increased project expenditures[15] - The company reported a cash outflow from investing activities of CNY 72,135,096.02, compared to CNY 42,352,481.15 in Q1 2020, indicating an increase in investment expenditures[30] - The net cash flow from investing activities was -$64,024,690.02, worsening from -$39,214,565.47 year-over-year[33] - The net cash flow from financing activities dropped to 12.11 million RMB, an 82.30% decrease from 68.40 million RMB, attributed to a reduction in borrowings[15] - The total cash inflow from financing activities was CNY 230,600,000.00, down from CNY 300,000,000.00 in Q1 2020, reflecting a decrease of 23%[31] - The net cash flow from financing activities was $12,109,495.08, down from $68,397,829.77 year-over-year[33] Operational Adjustments - The company adjusted the operation mode of the Donghai Power Plant, resulting in a 100% decrease in its electricity generation[11] - Total electricity generation decreased by 26.5% to 185,16,000 kWh compared to Q1 2020[11] - The total on-grid electricity decreased by 27.3% to 141,08,000 kWh year-on-year[11] Accounts and Inventory - The company reported a significant increase in accounts payable by 66.65% to CNY 10,427,000 due to increased bill settlements[13] - The company reported a significant reduction in accounts receivable, which fell to 48.11 million RMB from 55.66 million RMB[18] - Inventory decreased to 70.65 million RMB, down 40% from 117.48 million RMB[19] - The company incurred interest expenses of CNY 9,880,523.25 in Q1 2021, an increase of 15.9% from CNY 8,512,159.81 in Q1 2020[28]