PNC(SH:603690)2021-04-29 16:00Financial Performance - Operating revenue for the period was ¥231,120,750.62, representing a significant increase of 104.13% year-on-year[12]. - Net profit attributable to shareholders was ¥74,924,515.42, a turnaround from a loss of ¥14,828,322.97 in the same period last year[12]. - The weighted average return on net assets increased to 2.33%, up by 3.34 percentage points from -1.01% in the previous year[12]. - Basic earnings per share improved to ¥0.239, compared to a loss of ¥0.058 per share in the same period last year[12]. - Diluted earnings per share also stood at ¥0.239, reflecting the same improvement as basic earnings per share[14]. - The company reported a total comprehensive income of $71.56 million for Q1 2021, compared to a comprehensive loss of $15.95 million in Q1 2020[51]. - Net profit for Q1 2021 reached $72.18 million, compared to a net loss of $16.34 million in Q1 2020, marking a turnaround in profitability[51]. - Operating profit for Q1 2021 was $76.31 million, a significant improvement from an operating loss of $14.86 million in Q1 2020[51]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,029,713,428.71, an increase of 1.23% compared to the end of the previous year[12]. - The company's net assets attributable to shareholders increased by 9.32% to ¥3,435,740,227.97 compared to the end of the previous year[12]. - Total liabilities decreased to ¥2,574,714,300.49 from ¥2,795,942,378.94, indicating a decline of around 7.9%[35]. - Current liabilities decreased to ¥1,747,219,387.11 from ¥1,809,914,777.71, a reduction of approximately 3.5%[35]. - Long-term borrowings rose to ¥596,321,904.33 from ¥588,082,225.00, an increase of about 1.4%[35]. - Total liabilities decreased to $1.48 billion in Q1 2021 from $1.93 billion in Q1 2020, a reduction of 23.2%[45]. - The total cash and cash equivalents at the end of Q1 2021 was $333.7 million, compared to $267.1 million at the end of Q1 2020, an increase of 24.9%[72]. Cash Flow - Net cash flow from operating activities was -¥74,042,628.64, an improvement from -¥163,662,784.81 in the previous year[12]. - Cash flow from operating activities was negative at -¥74,042,628.64, an improvement from -¥163,662,784.81 in Q1 2020[63]. - The company received cash from operating activities amounting to ¥481,678,396.01 in Q1 2021, compared to ¥259,825,379.15 in Q1 2020[63]. - Investment activities resulted in a net cash outflow of -¥377,178,745.82 in Q1 2021, compared to -¥65,745,955.86 in Q1 2020[65]. - Financing activities generated a net cash inflow of ¥101,072,415.87 in Q1 2021, down from ¥125,051,360.19 in Q1 2020[65]. Research and Development - Research and development expenses surged by 153.63% to RMB 37,255,661.44 from RMB 14,688,734.14, reflecting increased investment in semiconductor equipment and optoelectronics R&D[28]. - Research and development expenses increased to $37.26 million in Q1 2021, up from $14.69 million in Q1 2020, reflecting a growth of 153.5%[48]. - Research and development expenses increased to ¥7,382,545.95 in Q1 2021 from ¥1,450,412.16 in Q1 2020, reflecting a rise of 408.5%[58]. Shareholder Information - The top ten shareholders held a total of 39,528 shares, with the largest shareholder, Jiang Yuan, holding 22.26% of the shares[18]. - Owner's equity increased to ¥3,454,999,128.22 from ¥3,160,720,416.49, marking an increase of approximately 9.3%[35]. - Total equity attributable to shareholders reached ¥3,142,734,673.53, while total equity was ¥3,160,720,416.49[81].