SCSF(SH:600779)2021-04-28 16:00Financial Performance - Net profit attributable to shareholders rose by 119.66% to CNY 419,423,258.45 year-on-year[4] - Operating revenue grew by 70.17% to CNY 1,240,091,577.34 compared to the same period last year[4] - Basic earnings per share increased by 119.59% to CNY 0.8588 compared to the previous year[4] - Operating profit for Q1 2021 was ¥560,059,288.41, up from ¥263,267,195.86 in Q1 2020, representing a growth of 112%[35] - Net profit for Q1 2021 was ¥419,423,258.45, compared to ¥190,938,853.33 in Q1 2020, marking an increase of 120%[36] - The company reported a total comprehensive income of ¥419,423,258.45 for Q1 2021, compared to ¥190,938,853.33 in Q1 2020[36] Cash Flow - Net cash flow from operating activities surged by 653.75% to CNY 612,226,647.75 year-on-year[4] - Cash flow from operating activities for Q1 2021 was CNY 612,226,647.75, a substantial rise from CNY 81,223,967.49 in Q1 2020[42] - The total cash inflow from operating activities was CNY 1,380,477,985.29, compared to CNY 783,513,590.84 in the previous year, marking an increase of approximately 76%[42] - The company reported a net increase in cash and cash equivalents of CNY 521,243,418.46 for Q1 2021, compared to CNY 21,760,754.43 in Q1 2020[43] Assets and Liabilities - Total assets increased by 13.78% to CNY 4,968,479,514.38 compared to the end of the previous year[4] - The company's total liabilities decreased by 35.20% in accounts payable, from RMB 149,194,165.35 to RMB 96,672,039.10[12] - Total liabilities reached ¥2,412,740,081.88, compared to ¥2,230,778,263.74, marking an increase of around 8.2%[23] - Current liabilities totaled ¥2,398,197,628.90, up from ¥2,216,106,737.44, which is an increase of approximately 8.2%[21] - Shareholders' equity increased to ¥2,555,739,432.50 from ¥2,135,986,370.10, representing a growth of about 19.6%[25] Shareholder Information - The total number of shareholders reached 57,535 by the end of the reporting period[6] - The largest shareholder, Sichuan Chengdu Shuijingfang Group Co., Ltd., holds 39.72% of the shares[7] Government Support and Non-Recurring Items - The company received CNY 17,157,519.41 in government subsidies related to industry support[5] - Non-recurring gains and losses totaled CNY 13,111,757.51 for the reporting period[5] Operating Costs and Expenses - The company experienced a 54.59% increase in operating costs, which rose to RMB 185,344,785.76 from RMB 119,894,813.05[13] - Operating costs for Q1 2021 were ¥695,826,417.59, an increase from ¥465,489,528.04 in Q1 2020, representing a rise of 49%[34] - Research and development expenses for Q1 2021 were ¥589,188.97, slightly down from ¥643,190.13 in Q1 2020[34] Investments and Other Financial Metrics - The company invested CNY 90,983,229.29 in fixed assets and other long-term assets during Q1 2021, compared to CNY 59,463,213.06 in Q1 2020[43] - The company reported a significant increase in other receivables, which rose by 37.14% to RMB 3,695,022.82 from RMB 2,694,270.62[12] - The construction in progress increased by 38.66%, amounting to RMB 318,393,482.97, up from RMB 229,624,907.69[12]