2021-04-28 16:00Financial Performance - Operating revenue for the period reached CNY 10.94 billion, an increase of 78.09% year-on-year[4] - Net profit attributable to shareholders of the parent company was CNY 4.41 billion, up 141.57% from the same period last year[4] - Basic earnings per share increased to CNY 0.49, representing a growth of 157.89% year-on-year[4] - Total operating revenue for Q1 2021 reached CNY 10,943,320,576, a 78.5% increase from CNY 6,144,698,847 in Q1 2020[25] - Net profit for Q1 2021 was CNY 4,587,139,755, compared to CNY 1,820,888,948 in Q1 2020, reflecting a growth of 152.5%[25] - Investment income surged to CNY 3,658,685,795 in Q1 2021, up from CNY 1,406,601,054 in Q1 2020, marking a 160.2% increase[25] - The company reported a total comprehensive income of CNY 4,247,722,236 for Q1 2021, up from CNY 1,524,376,976 in Q1 2020[26] Cash Flow - The net cash flow from operating activities was negative CNY 13.71 billion, a decline of 187.71% compared to the previous year[4] - The net cash flow from operating activities for Q1 2021 was -13.71 billion RMB, a significant decrease compared to 15.63 billion RMB in Q1 2020[28] - The company reported a total cash outflow from operating activities of 42.57 billion RMB in Q1 2021, compared to 22.36 billion RMB in Q1 2020[28] - Total cash inflow from investment activities in Q1 2021 was 36.54 billion RMB, up from 18.72 billion RMB in Q1 2020[28] - The net cash flow from financing activities for Q1 2021 was 11.29 billion RMB, slightly down from 11.63 billion RMB in Q1 2020[29] - The cash outflow for financing activities in Q1 2021 was 19.16 billion RMB, down from 22.22 billion RMB in Q1 2020[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 673.45 billion, a decrease of 4.19% compared to the end of the previous year[4] - The company’s total liabilities decreased by 39.87% to ¥1,211,699,137, primarily due to the exclusion of Shanghai Securities[11] - Total liabilities decreased to ¥528,254,310,095 from ¥556,661,355,032, reflecting a reduction of about 5.1%[21] - The company's cash and cash equivalents increased to ¥162,238,674,621 from ¥152,769,037,734, marking an increase of approximately 6.4%[20] - The total equity attributable to shareholders rose to ¥141,430,502,788 from ¥137,353,259,463, indicating an increase of about 3.1%[21] Shareholder Information - The company had a total of 199,256 shareholders at the end of the reporting period[6] - The top shareholder, Shanghai State-owned Assets Management Co., Ltd., held 1.90 billion shares, accounting for 21.34% of total shares[6] Investment Activities - Long-term equity investments increased by 151.46% to ¥10,095,015,892 primarily due to the exclusion of Shanghai Securities from consolidation[11] - Investment income rose by 160.11% to ¥3,658,685,795, driven by increased returns from trading financial assets and equity in Shanghai Securities[11] - The company received 10.47 billion RMB from new investments in Q1 2021, compared to 5 billion RMB in Q1 2020[29] Other Financial Metrics - The weighted average return on equity rose to 3.33%, an increase of 1.97 percentage points from the previous year[4] - The company’s total liabilities to equity ratio improved to approximately 3.74 from 4.05, indicating a decrease in financial leverage[23] - The fair value change income was ¥560,191,372, a significant recovery from a loss of -¥1,323,214,634 in the previous year[11] - The company’s goodwill decreased by 96.52% to ¥20,896,184 due to the exclusion of Shanghai Securities from consolidation[11] - Other equity instrument investments decreased by 82.09% to ¥3,158,048,059 due to external environmental impacts[11]