CFLED(SZ:300301)2021-04-26 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥272,686,932.62, representing a 9.91% increase compared to ¥248,101,646.72 in the same period last year[7]. - The net profit attributable to shareholders was -¥18,486,906.39, an improvement of 39.47% from -¥30,540,227.36 year-on-year[7]. - Operating profit improved to -¥15,801,586.67, a 58.05% increase from -¥37,666,777.14 year-on-year[17]. - The company reported a total operating profit loss of CNY 15,801,586.67, an improvement from a loss of CNY 37,666,777.14 in the previous year[43]. - The total comprehensive income for Q1 2021 was a loss of CNY 18,485,567.52, compared to a loss of CNY 30,538,999.15 in the same period last year[44]. - The company reported a net loss of CNY -435,992,448.53, compared to a loss of CNY -417,467,981.28 in the previous period[36]. - Net profit for Q1 2021 was a loss of CNY 18,485,567.52, an improvement from a loss of CNY 30,538,999.15 in Q1 2020, indicating a 39.4% reduction in losses[43]. Cash Flow - The net cash flow from operating activities was -¥26,656,685.47, a decline of 90.77% compared to -¥13,972,966.22 in the previous year[7]. - The company reported a significant increase in cash received from operating activities, with a rise of 267.25% in cash received from other operating activities[16]. - The cash inflow from operating activities totaled CNY 255,251,043.50, an increase from CNY 230,797,183.60 in the previous period[50]. - The net cash outflow from operating activities was CNY -26,656,685.47, compared to CNY -13,972,966.22 in the prior period, indicating a worsening cash flow situation[51]. - The total cash outflow for operating activities was CNY 281,907,728.97, compared to CNY 244,770,149.82 in the prior period[51]. - The cash inflow from other operating activities was CNY 31,841,966.21, a significant increase from CNY 8,670,362.77 in the previous period[50]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,552,992,693.90, down 6.78% from ¥2,738,728,428.73 at the end of the previous year[7]. - Current assets decreased to CNY 641,529,253.41 from CNY 798,181,400.04, reflecting a decline of approximately 19.7%[37]. - Total liabilities decreased to CNY 1,414,381,086.22 from CNY 1,581,592,162.65, a reduction of about 10.6%[35]. - Non-current assets totaled CNY 1,591,726,560.29, down from CNY 1,627,392,944.86, indicating a decrease of approximately 2.2%[34]. - The total equity attributable to shareholders decreased to CNY 1,137,780,721.25 from CNY 1,156,305,188.50, a decrease of about 1.6%[36]. Investments and Funding - Total raised funds for the quarter amounted to 75,268.87 million yuan, with a cumulative investment of 62,831.67 million yuan[24]. - The cumulative proportion of changed-use raised funds is 45.48%, indicating a significant allocation of resources[24]. - The investment in the PPP model lighting energy-saving service project reached 11,915.65 million yuan, completing 59.48% of the committed investment[25]. - The company plans to use 12,000 million yuan of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,864[10]. - The top five suppliers accounted for 25.83% of total annual purchases, with the largest supplier contributing ¥15,313,737.97, or 7.94%[17]. - The top five customers represented 23.70% of total annual sales, with the largest customer generating sales of ¥10,523,282.54, or 6.06%[17]. Strategic Initiatives - The company plans to enhance its competitive edge by increasing R&D investment and adjusting product and customer structures[18]. - The company is addressing risks related to market competition, talent acquisition, liquidity, exchange rates, and raw material price increases through various strategic measures[19][20]. Compliance and Governance - The company has not encountered any non-compliance issues regarding external guarantees during the reporting period[27]. - There were no significant changes in the feasibility of projects or major changes in circumstances affecting project implementation[25]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[28].