CCA(SH:603100)2021-04-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 102,967.69 million, representing a year-on-year increase of 60.02% from CNY 64,345.40 million[10] - The net profit attributable to shareholders was CNY 15,023.75 million, a significant recovery from a loss of CNY 3,687.35 million in the same period last year[10] - The weighted average return on equity increased by 6.93 percentage points to 5.37% compared to -1.56% in the previous year[10] - The company reported a decrease in short-term borrowings from ¥269,789,312.50 to ¥90,000,000.00, a reduction of approximately 66.66%[43] - Total operating revenue for Q1 2021 reached ¥1,029,676,881.01, a significant increase of 60.1% compared to ¥643,453,983.85 in Q1 2020[47] - Operating profit for Q1 2021 was ¥173,128,017.87, compared to a loss of ¥42,066,761.99 in Q1 2020, indicating a turnaround in profitability[47] - Net profit for Q1 2021 was ¥150,955,055.23, a substantial recovery from a net loss of ¥38,917,060.04 in Q1 2020[50] - The company’s total profit for Q1 2021 was ¥173,164,678.08, a significant recovery from a total loss of ¥43,935,842.36 in Q1 2020[47] Cash Flow and Liquidity - The net cash flow from operating activities was -CNY 9,850.36 million, compared to -CNY 7,023.60 million in the same period last year[10] - The company's cash flow from operating activities showed a net outflow of CNY 9,850.36 million, compared to CNY 7,023.60 million in the previous year, attributed to increased cash payments for procurement[24] - The net cash flow from operating activities for Q1 2021 was -CNY 98,503,584.05, compared to -CNY 70,236,038.66 in Q1 2020, indicating a decline in cash generation[62] - The ending cash and cash equivalents balance for Q1 2021 was CNY 855,247,556.55, an increase from CNY 719,352,555.22 in Q1 2020, representing a growth of about 18.9%[62] - The cash outflow for purchasing goods and services in Q1 2021 was CNY 612,684,366.87, which is significantly higher than CNY 321,173,971.07 in Q1 2020, reflecting an increase of about 90.5%[60] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 556,978.95 million, a decrease of 0.79% compared to the end of the previous year[10] - Total liabilities decreased from ¥3,457,845,198.39 to ¥3,233,307,701.74, a decline of about 6.49%[43] - Current liabilities decreased from ¥3,160,668,658.95 to ¥2,885,894,481.27, a reduction of about 8.66%[43] - Non-current liabilities increased from ¥297,176,539.44 to ¥347,413,220.47, an increase of approximately 16.93%[43] - The total amount of prepaid accounts increased by 32.43% to CNY 17,488.90 million, up from CNY 13,206.27 million, mainly due to increased advance payments for import and export goods[22] Shareholder Information - The number of shareholders at the end of the reporting period was 19,044, with the top ten shareholders holding a significant portion of the shares[13] - The largest shareholder, China Fourlink Instrument Group Co., Ltd., held 30.08% of the shares, amounting to 118,804,854 shares[13] Research and Development - The company's R&D expenses amounted to CNY 6,695.03 million, reflecting a 32.45% increase from CNY 5,054.92 million, driven by enhanced product technology upgrades and increased investment in new product development[22] - Research and development expenses increased to ¥66,950,273.11 in Q1 2021, up from ¥50,549,169.33 in Q1 2020, reflecting a focus on innovation[47] Investment Performance - The company's investment income rose to CNY 2,387.16 million, a 107.68% increase from CNY 1,149.46 million, mainly due to increased profits from invested entities[22] - The company reported investment income of ¥23,871,608.74 in Q1 2021, compared to ¥11,494,630.56 in Q1 2020, showing growth in investment performance[47] Future Outlook - The company plans to continue expanding its market presence and increasing contract orders, contributing to revenue growth[10] - The company has not disclosed specific future guidance or new product developments in this report[10]