SDHS(SH:600350)2021-04-28 16:00Financial Performance - Operating revenue for the first quarter reached CNY 2.96 billion, an increase of 81.94% year-on-year[4] - Net profit attributable to shareholders was CNY 599.39 million, a significant recovery from a loss of CNY 284.29 million in the same period last year[4] - Net cash flow from operating activities surged to CNY 2.50 billion, up 2,397.76% year-on-year[4] - Basic and diluted earnings per share were both CNY 0.117, recovering from a loss of CNY 0.061 in the same period last year[5] - The company reported a daily average toll revenue of RMB 20.88 million in Q1 2021, a 25.31% increase compared to Q1 2019[14] - Total operating revenue for Q1 2021 reached ¥2,958,379,734.05, a significant increase of 82.1% compared to ¥1,625,991,650.47 in Q1 2020[33] - Net profit for Q1 2021 was ¥703,613,627.96, compared to a net loss of ¥258,507,341.51 in Q1 2020, indicating a turnaround in profitability[34] - The total comprehensive income for Q1 2021 was CNY 679,078,618.09, contrasting with a loss of CNY 215,080,970.12 in the same period last year[35] Assets and Liabilities - Total assets increased by 7.75% to CNY 100.12 billion compared to the end of the previous year[4] - The total liabilities of the company were CNY 62.80 billion, up from CNY 56.62 billion, which is an increase of approximately 10.5%[27] - Current assets totaled CNY 15.06 billion, up from CNY 12.85 billion year-over-year, indicating a growth of about 17.1%[26] - The company's cash and cash equivalents amounted to CNY 5.28 billion, compared to CNY 2.26 billion in the previous year, reflecting a significant increase of approximately 133.9%[25] - The total non-current assets amounted to CNY 85.07 billion, up from CNY 80.07 billion, reflecting an increase of about 6.2%[26] - The total liabilities decreased by 34.36% in short-term borrowings, amounting to CNY 1,877,839,638.89[18] - Deferred tax liabilities increased by 33.24% to CNY 1,388,258,320.07, mainly due to the acquisition of Luzhou Southeast Company[19] Investment and Income - Investment income for Q1 2021 was RMB 193 million, with long-term equity investment income accounting for 60.15% of total investment income[16] - The company's total investment income for Q1 2021 reached CNY 1,930,094,000, accounting for 100% of the total income[17] - The company reported a net cash inflow from investment recovery of CNY 2,029,012,375.41, primarily due to the recovery of investments in projects[22] - The company received 1,500,000,000.00 CNY from the recovery of investments during the quarter[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 42,000[7] - The largest shareholder, Shandong Expressway Group, held 59.67% of the shares, with 977 million shares pledged[8] - The equity attributable to shareholders reached CNY 31.99 billion, compared to CNY 31.45 billion, showing a growth of about 1.7%[28] Research and Development - Research and development expenses increased by 301.34% to CNY 8,049,650.12 in Q1 2021, reflecting a significant rise in R&D investment[20] - Research and development expenses for Q1 2021 were ¥8,049,650.12, significantly higher than ¥2,005,678.17 in Q1 2020, reflecting a focus on innovation[33] Cash Flow - Cash received from sales and services in Q1 2021 was CNY 2,859,505,908.78, up 103.00% from the previous year[21] - The company reported a net increase in cash and cash equivalents of 2,472,210,070.87 CNY for the quarter[43] - The total cash inflow from operating activities was 2,945,328,642.01 CNY, significantly higher than 870,086,664.68 CNY in the same quarter last year[42] - The net cash flow from financing activities was 1,821,241,560.11 CNY, down from 2,524,049,087.12 CNY year-over-year[43] Future Plans - The company plans to continue expanding its investment operations while maintaining steady growth in revenue and profit[16] - The company plans to continue expanding its market presence and investing in new projects to drive future growth[23]