XNTS(SZ:000720)2021-04-26 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥656,176,212.58, representing a 115.28% increase compared to ¥304,801,846.55 in the same period last year[9]. - The net profit attributable to shareholders was a loss of ¥14,124,048.48, a slight improvement of 3.97% from a loss of ¥14,708,171.29 in the previous year[9]. - Operating revenue increased by 115.28% and operating costs rose by 135.72% due to significant growth in supply chain business[18]. - The net loss for Q1 2021 was CNY 13,762,137.16, slightly improved from a net loss of CNY 14,203,657.71 in Q1 2020[44]. - Operating profit for the company was reported at a loss of CNY 12,317,911.78, compared to a loss of CNY 11,454,365.66 in the previous year[43]. - The total profit for the period was a loss of CNY 10,981,876.34, compared to a loss of CNY 11,418,476.96 in the same period last year[43]. Cash Flow - The net cash flow from operating activities was negative at ¥531,955,575.25, a significant decline of 461.92% compared to a positive cash flow of ¥146,981,300.99 in the same period last year[9]. - Cash inflow from operating activities was CNY 838,620,061.14, compared to CNY 516,755,702.09 in the previous year, indicating a growth of approximately 62.3%[50]. - The total cash outflow for operating activities was 1,370,575,636.39 CNY, compared to 369,774,401.10 CNY in the previous period, indicating increased operational expenses[51]. - The company reported a total cash outflow from financing activities of 201,895,810.07 CNY, compared to 385,076,472.78 CNY in the previous period, resulting in a net cash flow from financing activities of -38,505,810.07 CNY[52]. - Cash inflow from investment activities was 8,200.00 CNY, while cash outflow was 1,277,545.43 CNY, leading to a net cash flow from investment activities of -1,269,345.43 CNY[51]. Assets and Liabilities - Total assets decreased by 5.72% to ¥4,983,447,583.10 from ¥5,285,936,415.14 at the end of the previous year[9]. - Total liabilities decreased to CNY 2,120,026,230.27 from CNY 2,408,752,925.15, reflecting a reduction of approximately 12%[36]. - The company's total equity as of March 31, 2021, was CNY 2,863,421,352.83, slightly down from CNY 2,877,183,489.99 at the end of 2020, a decrease of about 0.5%[37]. - The company’s total current liabilities decreased to CNY 1,799,485,618.92 from CNY 2,050,354,368.60, indicating a reduction of about 12.2%[36]. - The total non-current liabilities decreased to CNY 320,540,611.35 from CNY 358,398,556.55, reflecting a decline of about 10.5%[36]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,099[12]. - The top shareholder, Huaneng Energy Transportation Industry Holdings Co., Ltd., held 23.26% of the shares, totaling 300,007,395 shares[12]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. Receivables and Prepayments - The company reported a significant increase in prepayments, which rose by 1308.34% to ¥160,886,112.17 from ¥11,423,808.66 in the previous year[16]. - Accounts receivable decreased by 62.85% due to material purchases settled via notes and increased endorsement transfer amounts[17]. - Accounts receivable financing increased by 235.77% as a result of higher amounts received from bank acceptance bills[17]. - Other receivables rose by 142.02% due to interest income from receivables and paid bid guarantees[17]. - Prepayments increased significantly, indicating a rise in advance payments from downstream customers in the supply chain[17]. Financial Ratios - The weighted average return on equity was -0.51%, slightly improved from -0.59% in the previous year[9]. - The basic and diluted earnings per share were both reported at -0.0112, an improvement from -0.0129 in Q1 2020[44]. - Financial expenses decreased by 82.91% due to interest income from receivables[18].