2021-04-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 3.31 billion, representing a year-on-year growth of 14.58%[6]. - Operating revenue for the period was CNY 8.79 billion, up 28.02% from the same period last year[6]. - Basic earnings per share rose to CNY 0.37, a 15.63% increase compared to the previous year[6]. - The company's total comprehensive income for the period was significantly impacted by a 96.01% decrease in other comprehensive income, which fell to ¥14,694,416.41 from ¥368,713,282.23, mainly due to changes in the fair value of other equity investments[12]. - The net profit margin for Q1 2021 was approximately 38.2%, compared to 42.4% in Q1 2020[22]. - Net profit for Q1 2021 was CNY 2,292,075,302.86, compared to CNY 1,838,773,429.16 in Q1 2020, an increase of 24.6%[23]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 744.60 billion, an increase of 3.89% compared to the end of the previous year[6]. - Total liabilities rose to CNY 609.28 billion from CNY 584.44 billion, marking an increase of about 4.2%[17]. - The company's total equity attributable to shareholders reached CNY 131.99 billion, up from CNY 129.07 billion, showing an increase of about 2.2%[17]. - The company's cash and cash equivalents amounted to CNY 171.98 billion, up from CNY 153.16 billion, indicating a year-over-year increase of about 12.3%[16]. - The total cash and cash equivalents at the end of the period reached CNY 150,131,357,434.20, an increase from CNY 118,845,297,850.43 in the previous year[30]. Cash Flow - Net cash flow from operating activities decreased significantly by 79.12% to CNY 2.86 billion[6]. - Cash flow from operating activities generated a net amount of CNY 2,855,625,401.47, a decrease from CNY 13,677,634,866.20 in the previous year[26]. - The net cash flow from operating activities for Q1 2021 was CNY 2,777,146,958.78, a decrease from CNY 3,778,224,950.25 in Q1 2020[29]. - The cash inflow from investment activities totaled CNY 11,851,636,287.82, significantly higher than CNY 1,118,258,787.60 in Q1 2020[26]. - The cash outflow from investment activities totaled CNY 3,692,398,138.28, compared to CNY 335,702,989.02 in the previous year[29]. Shareholder Information - The total number of shareholders reached 325,629, with the top ten shareholders holding a combined 56.57% of the shares[8]. - The largest shareholder, Hong Kong Central Clearing Limited, held 1.57 billion shares, accounting for 17.26% of the total[8]. - The company repurchased 90,766,495 A-shares, accounting for 0.9999999% of the total share capital, with a total expenditure of ¥1,675,361,296.88, at an average price of ¥18.46 per share[13]. Income and Expenses - The company’s business and management expenses increased by 35.66% to ¥3,895,332,808.78 from ¥2,871,313,848.42, primarily due to rising labor costs[12]. - Total operating expenses for Q1 2021 were CNY 2,603,511,206.62, up from CNY 1,659,150,475.43, representing a 56.8% increase[23]. - The company reported a significant increase in commission income, with net commission income reaching 3,485,740,274.33, up 24.8% from 2,791,933,243.86 in the previous year[21]. Other Financial Metrics - The weighted average return on equity increased by 0.21 percentage points to 2.54%[6]. - Interest income for the period reached ¥3,511,413,269.92, a 46.14% increase compared to ¥2,402,751,836.79 in the same period last year, mainly driven by increased margin financing interest income[12]. - The company’s credit impairment losses surged to ¥328,388,522.33, a dramatic increase of 2,964.00% from ¥10,717,650.85, mainly due to increased provisions for credit impairment on lent funds[13].