CNNP(SH:601985)2021-04-28 16:00Financial Performance - Operating revenue for the period was ¥13.75 billion, representing a year-on-year increase of 26.06%[5] - Net profit attributable to shareholders was ¥1.79 billion, a significant increase of 67.93% compared to the same period last year[5] - Basic earnings per share rose to ¥0.102, reflecting a 50.00% increase year-on-year[5] - The total profit for the period was 4.068 billion RMB, reflecting a year-on-year growth of 55.81%, attributed to increased power revenue and reduced financial expenses[11] - The net profit reached 3.325 billion RMB, up 68.61% year-on-year, driven by the increase in total profit and a lower growth rate in income tax expenses[11] - The company’s total comprehensive income for Q1 2021 was ¥3,315,313,542.39, compared to ¥1,972,683,713.63 in Q1 2020[22] - Net profit for Q1 2021 was ¥3,325,119,932.92, representing a 68.7% increase compared to ¥1,972,053,283.00 in Q1 2020[22] Assets and Liabilities - Total assets at the end of the reporting period reached ¥389.79 billion, an increase of 2.11% compared to the end of the previous year[5] - Non-current liabilities totaled ¥212.68 billion, compared to ¥210.63 billion in the previous period, reflecting an increase of about 0.97%[17] - Current liabilities rose to ¥58.23 billion, up from ¥54.63 billion, indicating a growth of approximately 6.06%[16] - The total liabilities increased to ¥270.90 billion from ¥265.26 billion, reflecting a growth of approximately 2.48%[17] - The total equity increased to ¥118.89 billion from ¥116.49 billion, marking a growth of about 2.06%[17] - The company's total assets amounted to approximately 57.725 billion RMB as of March 31, 2021, compared to 51.950 billion RMB at the end of 2020[15] - The total current assets amounted to ¥51,950,222,141.57, with a minor decrease from ¥51,944,896,728.43[33] Cash Flow - The net cash flow from operating activities was ¥6.07 billion, an increase of 1.31% compared to the previous year[5] - The company reported a net cash outflow from investing activities of 5.872 billion RMB, an increase of 109.13% compared to the previous period, due to higher cash payments for long-term assets and investments[13] - The financing activities generated a net cash inflow of 1.144 billion RMB, a significant increase of 400.22% compared to the previous period, mainly due to increased financing received[13] - The cash flow from operating activities for Q1 2021 was RMB 6,072,510,929.13, slightly up from RMB 5,993,860,175.97 in Q1 2020[28] - The cash inflow from financing activities in Q1 2021 was RMB 12,650,169,430.71, compared to RMB 10,006,569,809.97 in Q1 2020[29] - The cash outflow for investing activities in Q1 2021 was RMB 6,008,006,520.86, up from RMB 3,882,635,864.36 in Q1 2020[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 399,882[9] - The largest shareholder, China National Nuclear Corporation, holds 64.11% of the shares[9] Investments and Expenses - Research and development expenses for Q1 2021 were ¥190,464,031.38, compared to ¥179,479,552.29 in Q1 2020, indicating a focus on innovation[21] - The company reported a financial expense of ¥1,392,770,795.09 in Q1 2021, down from ¥1,968,676,242.60 in Q1 2020, reflecting improved cost management[21] - The company’s long-term equity investments were valued at ¥3,812,217,842.80 as of January 1, 2021[33] - The company’s interest expenses for Q1 2021 were RMB 36,490,645.19, compared to RMB 58,782,713.81 in Q1 2020, indicating a decrease in financial costs[24] Other Financial Metrics - The weighted average return on equity increased to 2.86%, up by 0.87 percentage points from the previous year[5] - Diluted earnings per share for the period was ¥0.099, an increase of 47.76% compared to the same period last year[6] - The company's accounts receivable increased to 0.98 billion RMB, a rise of 37.34% year-on-year, due to an increase in electricity bill settlement notes received[11] - Other receivables rose to 6.97 billion RMB, up 37.21% from the previous year, mainly due to an increase in VAT refund claims[11]