TSP(SZ:300129)2021-04-27 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥352,704,749.08, representing a 37.50% increase compared to ¥256,515,817.49 in the same period last year[9]. - Net profit attributable to shareholders for Q1 2021 reached ¥76,288,465.19, a significant increase of 416.88% from ¥14,759,377.79 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥69,672,944.75, up 613.39% from ¥9,766,429.47 year-on-year[9]. - Basic earnings per share for Q1 2021 were ¥0.1061, reflecting a 417.56% increase from ¥0.0205 in the same period last year[9]. - The weighted average return on equity was 2.90%, an increase of 2.26% compared to 0.64% in the previous year[9]. - Total operating revenue for the first quarter was CNY 352,704,749.08, compared to CNY 256,515,817.49 in the previous period, representing an increase of approximately 37.5%[74]. - The net profit for the period was CNY 76,636,258.36, compared to CNY 14,866,842.44 in the previous period, reflecting a significant increase of approximately 415.5%[79]. - Total comprehensive income amounted to ¥78,438,798.85, up from ¥11,707,510.67 in the previous period[81]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,718,649,041.89, a decrease of 2.77% from ¥4,853,279,411.37 at the end of the previous year[9]. - The total assets decreased to CNY 3,795,409,855.10 from CNY 3,905,868,757.38, a decline of about 2.8%[72]. - Total liabilities decreased to ¥2,026,856,224.48 from ¥2,239,360,124.91, reflecting a reduction of approximately 9.5%[62]. - The total liabilities decreased to CNY 1,685,621,508.47 from CNY 1,846,536,617.82, a reduction of approximately 8.7%[72]. - The total equity increased to CNY 2,109,788,346.63 from CNY 2,059,332,139.56, an increase of about 2.4%[72]. Cash Flow - The company reported a net cash flow from operating activities of -¥52,745,277.02, improving from -¥355,365.79 in the same period last year[9]. - The cash flow from operating activities showed a net outflow of 52.75 million, indicating increased working capital requirements due to business order fulfillment[25]. - The total cash outflow from operating activities increased by 47.02% to 1,087.20 million, primarily due to higher payments for goods and services[25]. - The net cash inflow from operating activities was ¥1,034,454,465.81, compared to ¥739,147,908.91 in the previous period, highlighting improved cash flow[88]. - The cash inflow from operating activities was 723,828,553.04, while cash outflow was 709,582,506.90, resulting in a net cash flow of 14,246,046.14[95]. Investments and Projects - The investment in the 310MW offshore wind energy equipment manufacturing project has reached 100% completion, with a total investment of 15,000 million[41]. - The investment in the 35MW heavy wind turbine tower manufacturing project has also reached 100% completion, with a total investment of 10,000 million[41]. - The investment in the 3~10MW offshore wind turbine tower heavy equipment manufacturing base project has reached 108.96% of the planned investment, totaling 21,290.41 million[41]. - The company is focusing on the construction of its first wind farm, aiming to complete installation and grid connection[30]. - The company is actively seeking to transition to higher-end manufacturing and smart manufacturing industries[30]. Risks and Challenges - The company faces risks from significant fluctuations in raw material prices, particularly steel, which is a major cost component[34]. - The company is addressing potential project delays in wind power and marine engineering by strengthening project and customer credit assessments[35]. - The company is aware of the risks associated with entering new business areas and is implementing management systems to mitigate these risks[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,884[14]. - The company has not engaged in any non-compliance external guarantees during the reporting period[50]. - There were no non-operational fund occupations by controlling shareholders or related parties during the reporting period[51]. Research and Development - The company reported a significant increase in research and development expenses to CNY 10,586,376.25 from CNY 7,586,417.93, an increase of approximately 39.5%[77].