SFX(SH:600370)2021-04-28 16:00Financial Performance - Net profit attributable to shareholders of the listed company reached CNY 158,412,209.40, an increase of 949.13% year-on-year[9] - Basic earnings per share were CNY 0.0433, representing a 956.10% increase compared to the same period last year[9] - The net profit after deducting non-recurring gains and losses was CNY 158,217,693.57, an increase of 1,484.63% year-on-year[9] - Net profit for Q1 2021 surged by 667.38% to ¥162,260,608.10 from ¥21,144,642.62 in Q1 2020[18] - Operating profit rose by 192.55% to ¥170,487,924.70 from ¥58,277,168.56 year-over-year[18] - Total profit increased by 191.80% to ¥170,085,878.00 compared to ¥58,288,762.87 in the same quarter last year[18] - The company reported a net profit of CNY 38,135,317.92 for the first quarter of 2021, a significant recovery from a net loss of CNY 7,514,651.74 in the same period of 2020[48] - Operating profit for the first quarter was CNY 38,135,317.92, compared to an operating loss of CNY 7,514,651.74 in Q1 2020, indicating a strong turnaround in performance[48] Revenue and Income - Operating income for the period was CNY 4,141,324,137.74, down 1.56% from the previous year[9] - Total operating revenue for Q1 2021 was ¥4,141,324,137.74, a decrease of 1.56% compared to ¥4,207,154,781.61 in Q1 2020[42] - The company reported a significant increase in investment income, reaching ¥6,936,105.84 compared to ¥302,123.57 in the previous year[42] - The company received CNY 20,000,000.00 in investment income during the quarter, marking a new revenue stream[52] Cash Flow - Net cash flow from operating activities was CNY -465,416,471.06, showing an improvement from CNY -500,673,360.99 in the previous year[9] - Total cash inflow from operating activities was CNY 3,357,633,341.41, up from CNY 3,227,506,561.93 in Q1 2020, reflecting increased sales activity[52] - The company recorded cash outflows for investing activities totaling CNY 256,280,504.39, compared to CNY 52,057,032.10 in the same quarter of 2020[54] - Cash inflow from financing activities was CNY 2,011,610,337.24, down from CNY 2,800,884,187.42 in Q1 2020, indicating a decrease in financing activities[54] - The net cash flow from investing activities was -$186.64 million, a significant decrease from -$42.05 million in the previous period, reflecting a 396.21% decline[19] - The net increase in cash and cash equivalents was -$1.40 billion, compared to an increase of $140.59 million in the previous period, representing a 1097.23% decline[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,898,800,646.16, a decrease of 6.13% compared to the end of the previous year[9] - Total current assets decreased to approximately $6.94 billion from $7.69 billion, a decline of about 9.7%[27] - Current liabilities decreased from ¥6,339,233,990.53 to ¥5,136,340,332.83, a reduction of about 19%[30] - Non-current liabilities increased from ¥372,107,791.36 to ¥654,659,591.36, an increase of approximately 75.7%[32] - Total liabilities decreased from ¥6,711,341,781.89 to ¥5,790,999,924.19, a reduction of about 13.7%[32] - Total equity increased from ¥5,963,895,661.80 to ¥6,107,800,721.97, reflecting a growth of about 2.4%[32] Shareholder Information - The company reported a total of 23,964 shareholders at the end of the reporting period[12] Government Subsidies - The company received government subsidies amounting to CNY 225,883.93, which are closely related to its normal business operations[12] - The company received government subsidies, contributing to an increase in other income[19] Research and Development - Research and development expenses for Q1 2021 were ¥1,483,356.58, up from ¥1,215,475.25 in Q1 2020, indicating a 21.98% increase[42] Taxation - The company paid CNY 197,333,714.75 in taxes during the quarter, significantly higher than CNY 46,772,516.44 in Q1 2020, reflecting improved profitability[52] - Tax expenses for Q1 2021 were ¥7,825,269.87, a decrease from ¥37,144,120.25 in Q1 2020, reflecting a reduction of approximately 78.91%[42]