Poten(SH:603603)2021-04-12 16:00Financial Performance - Operating revenue for the period was ¥547,096,678.26, representing a significant increase of 151.35% year-on-year[7]. - Net profit attributable to shareholders was ¥7,789,961.09, a turnaround from a loss of ¥41,764,018.06 in the same period last year, marking an increase of 118.65%[7]. - Basic earnings per share improved to ¥0.02 from a loss of ¥0.10, reflecting a 120.00% increase[7]. - The company's operating revenue for the first quarter increased by CNY 329.43 million, a growth of 151.35% compared to the same period last year, primarily due to reduced impact from COVID-19 on ongoing projects[13]. - The company reported a net profit of ¥10,967,130.72 for Q1 2021, recovering from a loss of ¥54,185,452.67 in Q1 2020[26]. - The total comprehensive income for Q1 2021 was CNY 10.13 million, compared to a comprehensive loss of CNY 45.10 million in Q1 2020, reflecting a substantial improvement[29]. Cash Flow - Net cash flow from operating activities was ¥158,677,201.16, up 14.78% compared to the previous year[7]. - The net cash flow from operating activities for Q1 2021 was ¥76,316,806.48, a significant improvement compared to a net cash outflow of ¥26,258,526.30 in Q1 2020[35]. - Total cash inflow from operating activities was ¥486,207,672.94, while cash outflow was ¥409,890,866.46, resulting in a net cash inflow of ¥76,316,806.48[35]. - Cash flow from investment activities showed a net outflow of ¥16,360,000.00, compared to a larger outflow of ¥35,979,073.97 in the same period last year[35]. - The company reported a net cash outflow from financing activities of ¥57,301,418.31, a decrease from a net inflow of ¥80,764,476.33 in Q1 2020[36]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥11,933,523,153.85, an increase of 0.25% compared to the end of the previous year[7]. - The total liabilities as of March 31, 2021, were CNY 10.57 billion, slightly up from CNY 10.57 billion at the end of 2020[20]. - The company's total equity as of March 31, 2021, was CNY 1.36 billion, an increase from CNY 1.34 billion at the end of 2020[20]. - Total assets amounted to approximately ¥11.90 billion, with current assets totaling ¥3.29 billion and non-current assets totaling ¥8.61 billion[39]. - Total liabilities reached approximately ¥10.57 billion, with current liabilities at ¥6.95 billion and non-current liabilities at ¥3.61 billion[40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 37,278[11]. - The largest shareholder, 汇金聚合（宁波）投资管理有限公司, held 35.48% of the shares, with 148,248,078 shares frozen[12]. Operating Costs and Expenses - Operating costs rose by CNY 270.83 million, an increase of 160.91%, mainly driven by the increase in operating revenue[14]. - The company's financial expenses for Q1 2021 were CNY 44.23 million, compared to CNY 32.29 million in Q1 2020, showing an increase of about 37%[29]. - Research and development expenses for Q1 2021 were CNY 1.81 million, down from CNY 6.19 million in Q1 2020, indicating a reduction of approximately 70%[29]. Other Financial Metrics - The weighted average return on equity increased to 1.46%, up by 6.42 percentage points from -4.96% in the previous year[7]. - The company reported non-recurring gains of ¥600,549.66 during the period[8]. - The company has not disclosed any new product developments or market expansion strategies in this report[9].