Sichuan Express(SH:601107)2021-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 312.99 million, a significant recovery from a loss of CNY 269.17 million in the same period last year[11]. - Operating revenue for the period was CNY 1.42 billion, representing a growth of 126.03% year-on-year[11]. - Basic and diluted earnings per share were both CNY 0.1023, a turnaround from a loss of CNY 0.0880 per share in the previous year[11]. - The company reported a net profit of RMB 338,077,382.08, a turnaround from a loss of RMB 263,785,895.68 in the previous period[22]. - Total operating revenue for Q1 2021 reached ¥1,420,687,417.39, a significant increase from ¥628,527,343.64 in Q1 2020, representing a growth of approximately 126.5%[66]. - Net profit for Q1 2021 was ¥338,077,382.08, a turnaround from a net loss of ¥263,785,895.68 in Q1 2020[66]. - The total profit for the current period is CNY 374.87 million, while the previous period recorded a total loss of CNY 99.75 million[72]. - The total comprehensive income for the current period is CNY 320.58 million, contrasting with a comprehensive loss of CNY 107.38 million in the previous period[74]. Cash Flow - Net cash flow from operating activities increased by 147.45% to CNY 429.04 million compared to CNY 173.39 million in the previous year[11]. - The company's operating cash flow net amount is CNY 429.04 million, up from CNY 173.39 million in the previous period, reflecting improved cash generation capabilities[76]. - In Q1 2021, the company reported a net cash flow from operating activities of ¥288,338,734.89, a significant improvement compared to a net loss of ¥170,128,031.86 in Q1 2020[79]. - Cash inflow from operating activities totaled ¥816,914,618.49, while cash outflow was ¥528,575,883.60, resulting in a positive cash flow from operations[79]. - The company’s cash inflow from financing activities totaled CNY 1.52 billion, compared to CNY 2.18 billion in the previous period, showing a decrease in financing activities[76]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 40.66 billion, an increase of 0.48% compared to the end of the previous year[11]. - The total current asset of the company was approximately RMB 9.018 billion as of March 31, 2021, an increase from RMB 8.605 billion at the end of 2020[51]. - Current liabilities totaled CNY 7,087,755,959.34, a decrease of 20.1% from CNY 8,868,415,911.25[54]. - Total liabilities amounted to CNY 23,782,536,104.54, a slight decrease of 0.6% compared to CNY 23,930,179,398.33[54]. - Total equity attributable to shareholders reached CNY 15,850,512,581.50, an increase of 2.0% from CNY 15,534,511,993.27[56]. Investments and Projects - The total investment in the Chengle Expressway expansion project reached approximately RMB 50.86 billion as of March 31, 2021[33]. - The company has invested approximately RMB 8.82 billion in the Tianqiong Expressway project as of March 31, 2021, with a total estimated investment of RMB 86.85 billion[38]. - The company has successfully won the bid for the Lu Shan "Longbao Da" PPP project, with an estimated total investment of RMB 390 million and a construction length of 8.3 kilometers[40]. - The company plans to continue expanding its market presence through ongoing infrastructure projects and real estate developments[29]. Shareholder Information - The total number of shareholders at the end of the reporting period was 51,212, with the largest shareholder holding 35.86% of the shares[16]. Government and Non-Operating Income - Government subsidies recognized in the current period amounted to CNY 10.29 million, closely related to the company's normal business operations[13]. - The company reported a non-operating income of CNY 12.60 million, which includes various non-recurring gains and losses[13]. Strategic Developments - The company is undergoing a strategic merger with the Sichuan Railway Investment Group, which has been approved by the State-owned Assets Supervision and Administration Commission[41]. - The company has terminated its investment in the 特色职业技术学校项目 due to significant market changes since 2020[39].