GXED(SH:900913)2021-04-27 16:00Financial Performance - Revenue for the first quarter was ¥3.01 billion, representing a year-on-year growth of 5.44%[6]. - Net profit attributable to shareholders of the listed company was ¥78.72 million, a turnaround from a loss of ¥45.45 million in the same period last year, marking a growth of 273.22%[6]. - Basic earnings per share for the period was ¥0.0726, compared to a loss of ¥0.0419 in the previous year, reflecting an increase of 273.27%[6]. - Total operating revenue for Q1 2021 was CNY 3,011,065,812.60, an increase of 5.4% compared to CNY 2,855,653,308.98 in Q1 2020[22]. - Total operating costs for Q1 2021 were CNY 2,980,770,799.63, a decrease of 0.5% from CNY 2,995,840,425.54 in Q1 2020[22]. - Net profit for Q1 2021 was CNY 34,593,490.12, compared to a net loss of CNY 72,752,244.38 in Q1 2020, representing a significant turnaround[23]. - The company reported an operating profit of CNY 103,250,220.78 in Q1 2021, compared to an operating loss of CNY 40,456,991.12 in Q1 2020[23]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥27.90 billion, a slight increase of 0.13% compared to the end of the previous year[6]. - Total liabilities decreased from CNY 24,647,359,025.88 in Q1 2020 to CNY 23,581,429,291.04 in Q1 2021, a reduction of approximately 4.3%[19]. - Total assets increased from CNY 6,294,221,966.94 in Q1 2020 to CNY 9,337,324,065.17 in Q1 2021, representing a growth of approximately 48.4%[21]. - Current liabilities decreased from CNY 12,670,748,103.48 in Q1 2020 to CNY 11,976,427,126.50 in Q1 2021, a decline of about 5.5%[19]. - Non-current liabilities decreased from CNY 11,976,610,922.40 in Q1 2020 to CNY 11,605,002,164.54 in Q1 2021, a decrease of approximately 3.1%[19]. - The company reported a total of CNY 1,940,009,187.88 in other payables in Q1 2021, compared to CNY 157,962,848.33 in Q1 2020, indicating a significant increase[21]. Cash Flow - Operating cash flow net amount for the period was ¥413.24 million, a significant increase of 244.09% compared to the same period last year[6]. - Cash inflow from operating activities for Q1 2021 was CNY 2,342,304,348.98, an increase from CNY 2,117,328,934.21 in Q1 2020[29]. - Cash outflow from operating activities totaled CNY 1,929,061,169.17 in Q1 2021, compared to CNY 2,404,121,065.67 in Q1 2020[29]. - Net cash flow from operating activities was CNY 413,243,179.81, a significant improvement from a negative CNY 286,792,131.46 in Q1 2020[29]. - Cash flow from investing activities was negative CNY 128,013,167.87, an improvement from negative CNY 191,660,767.32 in Q1 2020[30]. - Cash flow from financing activities was negative CNY 547,305,446.13, compared to positive CNY 1,214,196,068.08 in Q1 2020[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 38,634[10]. - The top shareholder, Huaxin Gas Group Co., Ltd., held 46.19% of the shares, totaling 636,526,026 shares[10]. - The company reported a total equity of CNY 6,260,209,072.64 in Q1 2021, up from CNY 5,231,402,105.13 in Q1 2020, showing improved shareholder value[22]. Expenses and Investments - Research and development expenses grew by 194.06% to CNY 2,259,292.66 from CNY 768,303.74[11]. - Investment income improved by 75.51%, with losses reduced to CNY -3,406,809.37 from CNY -13,912,131.09[11]. - The company reported non-recurring gains and losses totaling ¥58.28 million for the period[9]. - Financial expenses for Q1 2021 were CNY 215,743,433.08, a decrease from CNY 244,676,741.85 in Q1 2020, reflecting improved cost management[22].