CONSYS(SH:688788)2021-04-19 16:00Financial Performance - Operating revenue reached CNY 111,739,152.91, representing a significant increase of 3,925.33% year-on-year [5]. - Net profit attributable to shareholders was CNY 31,155,914.17, recovering from a loss of CNY 22,597,055.55 in the same period last year [5]. - Basic and diluted earnings per share were CNY 0.4125, recovering from a loss of CNY 0.40 per share in the previous year [5]. - Operating profit for Q1 2021 was ¥37,425,131.10, compared to a loss of ¥26,016,118.54 in Q1 2020, indicating a turnaround in profitability [31]. - Net profit for Q1 2021 was ¥30,740,666.83, recovering from a net loss of ¥23,101,906.99 in the same period last year [31]. - Total revenue for Q1 2021 reached ¥111,739,152.91, a significant increase from ¥2,775,897.61 in Q1 2020, representing a growth of approximately 3,920% [30]. Research and Development - Research and development expenses amounted to CNY 49,613,500, accounting for 44.40% of operating revenue, an increase of 58.42% year-on-year [7]. - The company’s R&D team has strengthened significantly, with ongoing projects in advanced military technology [8]. - Research and development expenses increased to ¥49,613,468.65 in Q1 2021, up from ¥31,317,517.72 in Q1 2020, reflecting a focus on innovation [31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,068,377,537.55, a decrease of 1.54% compared to the end of the previous year [5]. - The total amount of short-term borrowings decreased by 94.39% to CNY 2,644,000.00, mainly due to the maturity of discounted receivables [15]. - Total liabilities decreased to ¥193,788,097.87 from ¥272,475,213.90, a reduction of 28.9% [25]. - The company's total assets were reported at ¥3,068,377,537.55, down from ¥3,116,323,986.75, a decrease of 1.5% [26]. - Total current assets amounted to ¥3,013,214,085.70, a decrease of 1.6% from ¥3,062,051,701.98 on December 31, 2020 [24]. Cash Flow - The net cash flow from operating activities was -CNY 53,315,714.18, a significant decrease from CNY 111,419,005.17 in the same period last year, primarily due to increased cash outflows for raw material purchases [18]. - The net cash flow from operating activities was -¥53,058,671.29 in Q1 2021, compared to a positive net cash flow of ¥111,423,242.21 in Q1 2020 [42]. - The total cash inflow from operating activities was ¥114,818,886.94 in Q1 2021, compared to ¥254,663,763.55 in Q1 2020, indicating a decline of 55.1% [42]. Shareholder Information - The total number of shareholders at the end of the reporting period was 8,821 [13]. - The company granted 3.02 million restricted stocks to 514 incentive objects at a price of CNY 124.45 per share as part of its stock incentive plan [20]. - Shareholder equity increased to ¥2,910,421,119.99 in Q1 2021, up from ¥2,872,882,103.78 in Q1 2020, indicating growth in the company's net worth [28]. Government Support - The company received government subsidies amounting to CNY 2,269,096.88, an increase of 98.47% year-on-year [17].