AT&M(SZ:000969)2021-04-14 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥1,464,613,346.58, representing a 35.48% increase compared to ¥1,081,025,370.65 in the same period last year[7]. - Net profit attributable to shareholders was ¥58,098,253.87, a significant increase of 602.23% from ¥8,273,419.14 in the previous year[7]. - The basic earnings per share (EPS) rose to ¥0.0566, marking a 598.77% increase from ¥0.0081 in the same period last year[7]. - The net profit for the first quarter was ¥79,728,137.96, compared to ¥21,646,903.96 in the previous year, indicating a substantial growth in profitability[57]. - The company reported a net profit increase, with undistributed profits rising to CNY 535,702,737.90 from CNY 475,062,583.62, an increase of approximately 12.5%[48]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥101,563,238.99, a decrease of 204.25% compared to ¥97,426,481.66 in the previous year[7]. - Cash and cash equivalents decreased by 27.59% to RMB 1,179,480,976.10, primarily due to repayment of short-term loans and increased purchases[20]. - As of March 31, 2021, the company's cash and cash equivalents amounted to approximately CNY 1.18 billion, a decrease from CNY 1.63 billion as of December 31, 2020[42]. - The cash and cash equivalents at the end of the period were CNY 943,415,558.81, down from CNY 1,228,391,983.81 at the end of the previous year[69]. - The cash outflow from financing activities was CNY 431,750,482.94, significantly higher than CNY 210,511,539.74 in the same period last year[69]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,222,721,319.07, a slight decrease of 0.71% from ¥9,288,369,196.01 at the end of the previous year[7]. - Total liabilities decreased to CNY 3,493,953,667.86 from CNY 3,641,338,905.08, a decline of approximately 4.0%[46]. - The total liabilities amounted to $3,641,338,905.08, slightly down from $3,646,820,106.50, showing a minor reduction in overall debt[79]. - The total equity increased to ¥4,154,115,467.24 from ¥4,133,597,993.66, reflecting a positive trend in shareholder value[52]. - The total current assets amounted to ¥1,684,754,797.61, with cash and cash equivalents at ¥612,911,388.27 as of December 31, 2020[81]. Research and Development - R&D expenses increased by 56.89% to RMB 65,412,100.99, reflecting the company's increased investment in research and development[20]. - Research and development expenses increased to ¥65,412,100.99 from ¥41,693,981.63, highlighting the company's commitment to innovation[55]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,287, with the largest shareholder holding 35.51%[12]. - The company completed the election of the eighth board of directors and the supervisory board on April 14, 2021[29]. Other Significant Events - The company is in the process of terminating the execution of a project due to changes in internal and external environments[22]. - The company is advancing a hydrogen fuel heavy truck application promotion project in collaboration with partners[26]. - The company approved the acquisition of a 0.98% stake in Haimeige Magnetic Technology (Shenzhen) Co., Ltd. from Antai International Trade Co., Ltd. on December 30, 2020, which is an affiliated transaction[27]. - The company has submitted a request for compulsory liquidation of its associate Beijing Hongfuyuan Technology Co., Ltd. to the Haidian District People's Court as of December 30, 2020[27].