OPPLE(SH:603515)2021-04-23 16:00Financial Performance - Operating revenue for the period was ¥1,756,227,109.85, representing a significant increase of 70.44% year-on-year[15] - Net profit attributable to shareholders was ¥134,868,337.79, a remarkable increase of 1,995.93% compared to a loss of ¥7,113,573.29 in the same period last year[15] - Basic and diluted earnings per share were both ¥0.18, compared to a loss of ¥0.01 per share in the same period last year, marking a 1,900.00% increase[15] - The net profit for Q1 2021 reached ¥135,011,908.90, recovering from a net loss of ¥7,454,937.48 in Q1 2020[42] - The operating profit for Q1 2021 was ¥159,172,888.20, compared to an operating loss of ¥7,452,317.69 in the same period last year[38] - Total profit for Q1 2021 was ¥114,434,437.33, an increase of 58.8% from ¥72,071,055.54 in Q1 2020[44] Cash Flow - The net cash flow from operating activities improved to -¥845,454,311.28, a 5.83% improvement from -¥897,803,518.30 in the previous year[15] - Cash flow from operating activities increased by 50.77% to ¥1,898,289,833.28 compared to ¥1,259,088,786.78 in the previous period[23] - Cash flow from operating activities showed a net outflow of ¥845,454,311.28, an improvement from a net outflow of ¥897,803,518.30 in Q1 2020[46] - Operating cash inflow totaled ¥1,898,289,833.28, compared to ¥1,259,088,786.78 in the previous year, marking a 50.8% increase[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,888,633,497.19, a decrease of 7.85% compared to the end of the previous year[15] - The company’s total liabilities decreased by 46.97% in other current liabilities, primarily due to a reduction in accounts payable for factoring services[22] - The total liabilities decreased to ¥1,235,347,387.87 in Q1 2021 from ¥1,981,495,082.31 in Q1 2020, a reduction of 37.6%[38] - The total liabilities amounted to 3,310,449,399.40 CNY, with a minor increase due to the adjustment in non-current liabilities[61] - The total current liabilities decreased to CNY 2,430,048,261.22 from CNY 3,277,812,650.39, reflecting a reduction of approximately 26%[31] Shareholder Information - The company had a total of 13,033 shareholders at the end of the reporting period[16] - The top shareholder, Zhongshan Op Lighting Investment Co., Ltd., held 46.05% of the shares, amounting to 347,565,186 shares[17] Research and Development - Research and development expenses rose by 50.67% to ¥81,705,694.68, reflecting increased investment in R&D[22] - Research and development expenses increased to ¥81,705,694.68 in Q1 2021, up from ¥54,230,014.10 in Q1 2020, reflecting a growth of 50.8%[38] - Research and development expenses rose to ¥63,859,164.30, up 60.4% from ¥39,776,736.55 in the same period last year[44] Cash and Cash Equivalents - Cash and cash equivalents increased by 187.47% to ¥831,854,420.77 due to increased time deposits[18] - The company's cash and cash equivalents increased significantly to CNY 831,854,420.77 from CNY 289,368,255.95, marking an increase of approximately 187.5%[31] - The company reported cash and cash equivalents at the end of Q1 2021 amounting to ¥829,720,950.77, compared to ¥605,420,968.16 at the end of Q1 2020[48] Future Outlook - The company is focusing on expanding its market presence and enhancing product development to drive future growth[31] - Future outlook remains cautiously optimistic, with a focus on maintaining current asset levels and managing liabilities effectively[68]