SJFW(SH:600616)2021-04-29 16:00Financial Performance - The company's operating revenue for Q1 2021 was RMB 158,709,950.48, representing an increase of 8.33% compared to RMB 146,509,481.24 in the same period last year[10]. - The net profit attributable to shareholders of the listed company was RMB 2,744,548.80, a significant recovery from a loss of RMB 2,011,588.98 in the previous year[10]. - The total profit for the current period was CNY 376.77 million, a significant turnaround from a loss of CNY 266.06 million in the previous period[16]. - The net profit attributable to shareholders of the parent company was CNY 274.45 million, recovering from a loss of CNY 201.16 million in the previous period[16]. - The company reported a total comprehensive income for Q1 2021 of ¥2,409,000.14, a recovery from a loss of ¥2,332,717.24 in Q1 2020[34]. Cash Flow - The net cash flow from operating activities improved to RMB -10,452,196.18, compared to RMB -64,135,733.21 in the same period last year, indicating a positive trend[10]. - The company reported a net cash outflow from operating activities of CNY -1,045.22 million, an improvement of CNY 5,368.35 million compared to CNY -6,413.57 million in the previous period[16]. - The cash inflow from operating activities in Q1 2021 was CNY 224,581,185.16, a slight increase from CNY 221,113,036.20 in Q1 2020, representing a growth of approximately 1.1%[39]. - The total cash outflow for operating activities in Q1 2021 was CNY 235,033,381.34, down from CNY 285,248,769.41 in Q1 2020, indicating a decrease of about 17.6%[39]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 2,296,743,924.68, up 1.25% from RMB 2,268,420,218.88 at the end of the previous year[10]. - Total liabilities rose to CNY 344,880,723.08, compared to CNY 318,966,017.42, marking an increase of about 8.1%[27]. - Current liabilities decreased to CNY 236,976,708.62 from CNY 253,990,941.20, a reduction of approximately 6.7%[26]. - Shareholders' equity totaled CNY 1,951,863,201.60, slightly up from CNY 1,949,454,201.46, reflecting a growth of approximately 0.2%[27]. Shareholder Information - The total number of shareholders at the end of the reporting period was 106,751[12]. - The largest shareholder, Shanghai Sugar Tobacco and Alcohol Group Co., Ltd., held 34.88% of the shares, indicating strong institutional support[13]. Investment and Expenses - The company received government subsidies amounting to RMB 1,185,542.18, which positively impacted the financial results[9]. - Research and development expenses increased to ¥718,532.29 in Q1 2021, up from ¥578,318.80 in Q1 2020, indicating a focus on innovation[33]. - The company’s financial expenses increased due to the implementation of new leasing standards, impacting overall financial performance[16]. Market Performance - The company reported a 9.92% increase in sales revenue in Shanghai, reaching CNY 10,667.80 million compared to CNY 9,705.47 million in the previous year[23]. - The company added 27 new distributors and had a total of 985 distributors by the end of the reporting period, a decrease of 12 from the end of 2020[21].