SWSC(SH:600369)2015-04-27 16:00Financial Performance - Net profit attributable to shareholders rose by 254.54% to CNY 965.22 million year-on-year[7] - Operating revenue surged by 156.42% to CNY 2.02 billion compared to the same period last year[7] - The weighted average return on equity increased by 3.12 percentage points to 5.61%[7] - The company reported a significant increase in customer deposits, which rose to CNY 13.86 billion from CNY 9.25 billion, marking a growth of approximately 49.5%[37] - Net profit for Q1 2015 reached CNY 972.24 million, a significant increase from CNY 275.63 million in the same period last year, marking a growth of about 253%[45] - Operating revenue for Q1 2015 was CNY 2.02 billion, compared to CNY 787.44 million in Q1 2014, reflecting an increase of approximately 156%[45] - The company's investment income surged to CNY 932.17 million, up from CNY 186.57 million year-over-year, indicating a growth of about 398%[45] - The net profit for the current period was ¥717,160,833.91, representing a 163.8% increase from ¥271,793,955.29 in the same period last year[50] - The total comprehensive income amounted to ¥941,426,041.41, compared to ¥265,675,695.20 in the previous period, marking a growth of 254.0%[50] Assets and Liabilities - Total assets increased by 13.07% to CNY 65.81 billion compared to the end of the previous year[7] - The company's liabilities totaled CNY 47.60 billion, an increase from CNY 40.98 billion at the beginning of the year, reflecting a growth of approximately 16.0%[39] - The total liabilities increased to CNY 45.41 billion, up from CNY 39.36 billion at the beginning of the year, which is an increase of approximately 15%[42] - The company's equity attributable to shareholders reached CNY 17.63 billion, up from CNY 16.75 billion at the beginning of the year, representing an increase of about 5.2%[39] - The company's equity rose to CNY 17.23 billion, compared to CNY 16.28 billion at the start of the year, reflecting an increase of about 5.8%[42] Cash Flow - The net cash flow from operating activities was CNY 2.22 billion, a significant improvement from a negative cash flow of CNY 1.63 billion in the previous year[7] - The net cash flow from operating activities increased to ¥2,514,577,825.66, compared to a net outflow of ¥1,198,847,300.00 in the previous period[59] - Total cash inflow from operating activities reached ¥8,073,762,544.20, significantly up from ¥1,303,212,408.77 in the prior period[59] - Cash and cash equivalents at the end of the period totaled ¥17,825,129,112.60, up from ¥6,159,043,001.99 at the end of the previous period[56] - Cash inflow from the disposal of trading financial assets was a net decrease of ¥2,498,609,522.38, compared to an increase of ¥3,328,749,306.47 previously[59] Investments and Acquisitions - The company’s goodwill increased by 586.16% to CNY 278.72 million due to the acquisition of Dunpei Financial Holdings[14] - The company completed the acquisition of Dunpei Financial Holdings Limited, which is now included in the consolidated financial statements[23] - The company has realized an investment gain of approximately RMB 335 million from the reduction of shares in Chengdu Huaze Cobalt Nickel Materials Co., Ltd.[28] - The company has participated in a capital increase of RMB 50 million in the China Securities Capital Market Development Monitoring Center[29] Shareholder Information - The number of shareholders reached 82,224 by the end of the reporting period[12] - The company distributed a cash dividend of CNY 1.80 per 10 shares, totaling CNY 508.06 million, which accounted for 50.34% of the distributable profits as of the end of 2014[33] - The company has committed to a profit distribution plan that ensures cash dividends will not be less than 30% of the average distributable profits over three consecutive years[32] - The company is in the process of normalizing its commitments regarding shareholder returns as outlined in its three-year plan from 2012 to 2014[31] Regulatory Approvals and Qualifications - The company obtained qualifications for stock options trading and settlement, expanding its service offerings[15] - The company has received approval to engage in stock options proprietary trading from the Shanghai Stock Exchange[16] - The company has been granted qualifications for stock options market-making business by the China Securities Regulatory Commission[17] - The company has obtained the qualification to provide customer fund consumption payment services[18] - The company received approval from the China Securities Regulatory Commission to establish 10 securities business departments in various cities, including Zhengzhou and Kunshan[30] Capital Management - The company plans to issue corporate bonds not exceeding 40% of its net assets as approved by the China Securities Regulatory Commission[19] - The company has approved the issuance of short-term corporate bonds with a repayment balance not exceeding 60% of its net capital[21] - The company has increased the registered capital of its wholly-owned subsidiary, Xizheng International, from HKD 20 million to HKD 300 million[24] - The company has completed a capital increase of RMB 200 million for Southwest Futures, raising its registered capital to RMB 500 million[26]