SCG(SH:600170)2021-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was approximately ¥140.56 million, an increase of 13.45% year-on-year[4]. - Operating revenue reached approximately ¥63.34 billion, representing a year-on-year growth of 56.18%[4]. - The company signed new contracts totaling approximately ¥96.2 billion, an increase of about 63% compared to the same period last year[9]. - Revenue from construction operations was approximately ¥55.58 billion, an increase of 67.6% year-on-year[9]. - Revenue from the building materials industry was approximately ¥3.67 billion, an increase of 43.1% year-on-year[9]. - Revenue from design consulting services was approximately ¥985 million, an increase of 43.2% year-on-year[9]. - Revenue from real estate development was approximately ¥539 million, a decrease of 68.8% year-on-year[9]. - The company's operating revenue for the current period reached ¥63,338,137,544.82, a 56.18% increase compared to ¥40,553,757,187.25 in the previous period[12]. - The company reported a comprehensive income total of ¥205.36 million in Q1 2021, compared to ¥178.02 million in Q1 2020, reflecting overall growth[23]. Cash Flow and Investments - The net cash flow from operating activities was approximately -¥19.56 billion, a decrease of 22.21% compared to the same period last year[4]. - The cash flow from investment activities decreased by ¥490 million, primarily due to increased cash payments for asset purchases compared to the previous year[12]. - Cash flow from operating activities showed a net outflow of ¥19.56 billion, worsening from a net outflow of ¥16.00 billion in Q1 2020[26]. - Cash flow from investing activities resulted in a net outflow of ¥755.34 million, compared to a net outflow of ¥260.24 million in Q1 2020[27]. - Cash inflow from financing activities was CNY 2.89 billion, compared to CNY 1.30 billion in the same quarter last year, resulting in a net cash flow from financing activities of CNY 1.61 billion[30]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥313.76 billion, a decrease of 2.36% compared to the end of the previous year[4]. - The company’s total current assets decreased to ¥244,614,971,358.60 from ¥255,856,527,293.69, indicating a reduction in liquidity[15]. - The company’s total liabilities decreased to ¥267.92 billion from ¥277.46 billion, reflecting a reduction of approximately 3%[17]. - Current liabilities decreased to ¥200.89 billion from ¥220.15 billion, indicating a reduction of approximately 9%[16]. - Long-term borrowings rose to ¥55.09 billion from ¥47.08 billion, indicating an increase of about 17%[17]. - The total amount of contract liabilities was approximately ¥33.60 billion, reflecting future revenue obligations[34]. Equity and Earnings - The equity attributable to shareholders increased to ¥38.52 billion from ¥36.68 billion, representing a growth of about 5%[17]. - The company’s basic earnings per share decreased by 83.33% to ¥0.001 from ¥0.006, impacted by increased dividends/interest on perpetual bonds[12]. - Basic earnings per share for Q1 2021 were -¥0.04, down from ¥0.07 in Q1 2020[25]. - The total equity attributable to shareholders reached approximately ¥36.68 billion, with retained earnings of about ¥15.20 billion[35]. Research and Development - Research and development expenses surged by 116.87% to ¥1,409,467,361.42 from ¥649,926,153.60, indicating a significant increase in R&D investment[12]. - R&D expenses in Q1 2021 amounted to ¥1.41 billion, significantly higher than ¥649.93 million in Q1 2020, indicating a focus on innovation[21]. - Research and development expenses increased significantly to ¥23.51 million, up from ¥2.93 million in the same period last year[24]. Financial Health Indicators - The weighted average return on net assets was 0.02%, a decrease of 0.17 percentage points compared to the previous year[4]. - The company reported a decrease in investment income by 49.56%, down to ¥28,271,113.19 from ¥56,049,569.51, attributed to reduced returns from joint ventures[12]. - The company reported a significant increase in financial expenses, with interest expenses rising to ¥202.00 million from ¥42.99 million in the previous year[24].