CTC(SH:603060)2021-04-28 16:00Financial Performance - Operating revenue surged by 96.08% to CNY 354,780,971.21 from CNY 180,935,355.26 in the same period last year[11] - Net profit attributable to shareholders improved by 60.20%, reaching a loss of CNY 14,083,171.87 compared to a loss of CNY 35,384,350.76 in the previous year[11] - Basic earnings per share improved by 60.17%, reaching -0.0327 CNY per share compared to -0.0821 CNY per share in the previous year[11] - The company's operating revenue for Q1 2021 reached ¥354,780,971.21, a significant increase of 96.08% compared to ¥180,935,355.26 in Q1 2020[19] - The net profit for Q1 2021 was CNY 26,120,297.35, compared to CNY 11,525,757.30 in Q1 2020, indicating a significant growth[56] - The total comprehensive income attributable to the parent company for Q1 2021 was CNY -3,096,654.58, compared to CNY -36,045,637.85 in Q1 2020[51] Cash Flow - Net cash flow from operating activities showed a positive change, improving by 22.37% to a negative CNY 26,715,164.24 from a negative CNY 34,411,536.44[11] - Cash inflow from operating activities totaled ¥676,032,100.82 in Q1 2021, compared to ¥257,993,657.37 in Q1 2020, indicating a year-over-year increase of about 162%[65] - The cash flow from operating activities for Q1 2021 was CNY -26,715,164.24, an improvement from CNY -34,411,536.44 in Q1 2020[61] - The net cash flow from operating activities for Q1 2021 was ¥152,151,025.99, a significant increase from ¥6,190,791.42 in Q1 2020, reflecting a growth of approximately 2,353%[65] Assets and Liabilities - Total assets increased by 2.30% to CNY 2,473,477,104.04 compared to the end of the previous year[11] - Total current assets as of March 31, 2021, amounted to CNY 884,544,206.08, a slight increase from CNY 877,944,414.61 as of December 31, 2020[33] - Total non-current assets as of March 31, 2021, amounted to CNY 1,588,932,897.96, compared to CNY 1,539,950,077.06 as of December 31, 2020[36] - Total liabilities as of March 31, 2021, amounted to CNY 693,018,872.24, a decrease from CNY 703,357,678.70 as of December 31, 2020[39] - Total liabilities rose to CNY 862,751,307.68 in Q1 2021, compared to CNY 729,583,628.20 in Q1 2020, marking an increase of about 18.2%[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,524[14] - The largest shareholder, China Building Materials Academy, holds 64.12% of the shares[14] Research and Development - R&D expenses increased by 86.78% to ¥15,308,586.88, driven by enhanced investment in research and development[22] - Research and development expenses for Q1 2021 were CNY 28,594,040.12, compared to CNY 15,308,586.88 in Q1 2020, reflecting an increase of about 86.7%[49] Government Support - The company received government subsidies amounting to CNY 7,238,147.74, closely related to its normal business operations[13] Operational Costs - The gross profit margin improved, with operating costs rising to ¥253,662,118.38, an increase of 55.54% from ¥163,086,687.32 in the same period last year[19] - Total operating costs for Q1 2021 amounted to CNY 376,822,280.52, up from CNY 227,657,323.70 in Q1 2020, indicating an increase of about 65.5%[49] Investment Activities - The company reported a total investment income of CNY 30,681,893.47 for Q1 2021, compared to CNY 27,673,250.00 in Q1 2020, showing a positive trend[53] - The total cash outflow from investment activities was CNY 84,536,848.11 in Q1 2021, compared to CNY 166,161,554.99 in Q1 2020, indicating a reduction in investment expenditures[61]