NPEC(SH:600775)2021-04-28 16:00Financial Performance - Operating revenue rose by 39.53% to CNY 991,941,145.72 compared to the same period last year[11] - Net profit attributable to shareholders of the listed company improved to -CNY 13,150,711.91 from -CNY 40,709,426.01 in the previous year[11] - The company reported a basic earnings per share of -CNY 0.0144, an improvement from -CNY 0.0445 in the previous year[11] - Net profit for Q1 2021 was approximately -$3.69 million, an improvement from -$35.64 million in Q1 2020[44] - The company reported a net profit attributable to shareholders of approximately -$13.15 million in Q1 2021, compared to -$40.71 million in Q1 2020[44] - The total profit for Q1 2021 was approximately $4.40 million, a significant recovery from -$28.64 million in Q1 2020[43] Cash Flow - Net cash flow from operating activities decreased by 198.61% to -CNY 57,788,403.28 compared to the same period last year[11] - The company's cash inflow from operating activities in Q1 2021 was CNY 1,223,971,788.78, an increase of 13.4% compared to CNY 1,079,873,054.52 in Q1 2020[52] - The net cash outflow from operating activities was CNY -57,788,403.28, a decline from a net inflow of CNY 58,601,652.23 in the same period last year[55] - Cash inflow from investment activities totaled CNY 453,223,530.38, up from CNY 301,985,073.66 in Q1 2020, marking a 50.2% increase[55] - The net cash outflow from investment activities was CNY 417,986,387.85, compared to CNY 240,140,064.36 in Q1 2020, reflecting a 74.5% increase[55] - The net cash flow from financing activities was CNY 3,912,500.00, a decrease from CNY 33,177,513.06 in the previous year[55] Assets and Liabilities - Total assets increased by 1.23% to CNY 6,075,711,857.33 compared to the end of the previous year[11] - Total liabilities increased to ¥2,333,216,015.03 from ¥2,255,567,638.78, representing a growth of approximately 3.0%[1] - Total equity decreased slightly to ¥3,742,495,842.30 from ¥3,746,380,060.66, a decline of about 0.1%[1] - Current liabilities increased from CNY 2,215,834,102.61 to CNY 2,296,417,812.51, driven by an increase in accounts payable and contract liabilities[29] - Total assets decreased slightly to ¥2,973,412,213.67 from ¥2,977,103,372.50, a decrease of about 0.1%[1] Shareholder Information - The number of shareholders at the end of the reporting period was 56,251[14] - The top shareholder, Hong Kong Central Clearing Limited, holds 26.97% of the shares[14] Government Support - The company received government subsidies amounting to CNY 1,588,539.21 during the period[13] Operational Changes - The impact of the COVID-19 pandemic on the company's operations has gradually decreased, contributing to the year-on-year revenue increase[11] Other Financial Metrics - Financial expenses showed a significant decrease of 219.86%, changing from CNY 4,043,391.99 to -CNY 4,846,530.08, attributed to reduced exchange losses[19] - Other income decreased by 74.09% from CNY 11,544,301.94 to CNY 2,990,665.48, primarily due to the return of prior prepaid taxes in the previous period[19] - Fair value changes in income decreased by 36.85% from CNY 475,659.62 to CNY 300,359.70, resulting from changes in the fair value of trading financial assets[19] - Credit impairment losses increased significantly, with a change from CNY 1,526.95 to -CNY 266,063.09, indicating an increase in bad debt provisions for accounts receivable[19]