CATEC(SH:600879)2021-04-27 16:00Financial Performance - Operating revenue for the period was CNY 2,888,467,047.84, representing a year-on-year increase of 36.35%[4] - Net profit attributable to shareholders was CNY 128,208,716.75, a significant increase of 254.10% compared to the same period last year[4] - Basic earnings per share were CNY 0.047, up 261.54% from CNY 0.013 in the same period last year[4] - The net profit after deducting non-recurring gains and losses was CNY 124,270,414.93, an increase of 328.79% year-on-year[4] - The total profit for Q1 2021 was CNY 162,505,758.23, a 171.54% increase compared to CNY 59,846,088.95 in Q1 2020[11] - Net profit for Q1 2021 reached CNY 137,509,497.32, a significant increase of 228.85% from CNY 41,814,941.35 in Q1 2020[11] - Total operating revenue for Q1 2021 was RMB 2,888,467,047.84, an increase of 36.3% compared to RMB 2,118,454,597.95 in Q1 2020[25] - Total operating costs for Q1 2021 were RMB 2,729,130,213.38, up 31.9% from RMB 2,067,152,413.30 in Q1 2020[25] - Total comprehensive income for Q1 2021 was RMB 137,509,497.32, compared to RMB 40,973,787.07 in Q1 2020, an increase of 235.5%[28] Cash Flow - The net cash flow from operating activities was CNY -615,213,505.28, reflecting a decrease of 29.82% year-on-year[4] - Cash inflow from operating activities for Q1 2021 was CNY 2,449,202,739.66, up from CNY 1,665,374,984.57 in Q1 2020, representing an increase of approximately 47%[32] - Cash outflow from operating activities totaled CNY 3,064,416,244.94 in Q1 2021, compared to CNY 2,139,255,396.94 in Q1 2020, indicating a rise of about 43%[32] - Cash inflow from financing activities reached CNY 5,940,865,042.96 in Q1 2021, compared to CNY 4,049,875,000.00 in Q1 2020, marking an increase of approximately 46.7%[33] - Cash outflow from financing activities was CNY 7,142,999,270.57 in Q1 2021, up from CNY 5,176,647,942.54 in Q1 2020, reflecting an increase of about 38%[33] - Net cash flow from financing activities was negative CNY 1,202,134,227.61 in Q1 2021, compared to negative CNY 1,126,772,942.54 in Q1 2020[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 30,386,146,463.40, a decrease of 2.62% compared to the end of the previous year[4] - The company's cash and cash equivalents decreased by 63.36% to CNY 1,125,663,780.75 from CNY 3,072,062,893.20 at the beginning of the period[9] - Total liabilities decreased from ¥17,848,850,708.81 to ¥16,832,250,951.08, a reduction of approximately 5.7%[20] - Total equity increased from ¥13,356,142,740.45 to ¥13,553,895,512.32, reflecting a growth of about 1.5%[21] - Current assets decreased significantly from ¥8,697,914,994.99 to ¥4,508,629,692.22, a decline of approximately 48%[22] - Total assets decreased from ¥15,026,226,593.22 to ¥10,989,799,795.30, a decline of about 26.8%[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 181,945[6] - The total owner's equity attributable to the parent company rose from ¥12,673,758,267.74 to ¥12,809,345,306.43, reflecting an increase of about 1.1%[20] Research and Development - Research and development expenses surged to CNY 116,370,433.12, marking a 194.17% increase from CNY 39,558,972.44 in the same period last year[10] - Research and development expenses in Q1 2021 were RMB 116,370,433.12, compared to RMB 39,558,972.44 in Q1 2020, indicating a 194.5% increase[25] Government Subsidies - The company reported a government subsidy recognized in the current period amounting to CNY 4,695,492.68[5] - The company received government subsidies amounting to CNY 3,370,984.12, which is a 226.16% increase from CNY 1,033,551.67 in the previous year[10] Tax and Expenses - The company's tax expenses increased by 38.63% to CNY 24,996,260.91 compared to CNY 18,031,147.60 in Q1 2020[11] - The tax expense for Q1 2021 was RMB 24,996,260.91, compared to RMB 18,031,147.60 in Q1 2020, representing an increase of 38.5%[27] Inventory and Receivables - Inventory rose from ¥397,506,276.94 to ¥531,991,204.77, an increase of about 33.7%[22] - Accounts receivable increased from ¥308,502,080.81 to ¥337,372,337.41, showing a growth of approximately 9.5%[22]