SMC(SH:600823)2021-04-29 16:00Financial Performance - Operating revenue for the first quarter was ¥3.69 billion, representing a year-on-year growth of 31.37%[5] - Net profit attributable to shareholders of the listed company was ¥231.81 million, up 10.56% from the same period last year[5] - Basic earnings per share remained at ¥0.06, unchanged from the previous year[6] - The company reported a net non-recurring profit of ¥4.21 million for the period[8] - Operating revenue for Q1 2021 reached ¥3,687,055,803.40, representing a 31.37% increase compared to ¥2,806,597,644.39 in Q1 2020[13] - Net profit for Q1 2021 reached CNY 516,966,690.70, representing a 6.1% increase from CNY 487,291,514.05 in Q1 2020[26] - The company reported a gross profit margin of approximately 29.8% for Q1 2021, compared to 28.5% in Q1 2020[25] Cash Flow - Cash flow from operating activities showed a net outflow of ¥1.21 billion, a decrease of 52.87% compared to the previous year[5] - Net cash flow from operating activities decreased by 52.87% to -¥1,213,070,032.70, attributed to increased payments for land acquisition[13] - Cash flow from financing activities increased significantly by 366.52% to ¥2,971,531,695.35, mainly due to the release of pledged time deposits[13] - Cash flow from operating activities for Q1 2021 was negative at CNY -1,213,070,032.70, compared to CNY -793,554,265.24 in Q1 2020[32] - Cash inflow from financing activities in Q1 2021 was CNY 8,100,436,041.24, down from CNY 9,395,185,000.00 in Q1 2020[33] - The net cash flow from financing activities was -920,392,170.00 in Q1 2021, a significant decrease from 307,657,035.56 in Q1 2020[35] Assets and Liabilities - Total assets at the end of the reporting period reached ¥150.48 billion, an increase of 0.79% compared to the end of the previous year[5] - Total liabilities reached ¥100.04 billion, compared to ¥99.39 billion previously, marking an increase of about 0.66%[19] - Long-term borrowings increased by 58.40% to ¥13,526,528,000.00, reflecting additional loans from financial institutions[15] - The company reported a significant decrease in short-term borrowings by 54.91% to ¥714,000,000.00 compared to ¥1,583,671,700.00 in the previous period[15] - Current assets totaled ¥90.24 billion, up from ¥88.99 billion at the end of 2020, indicating an increase of about 1.40%[18] - Total cash inflow from operating activities was 2,817,430,032.36 in Q1 2021, up from 2,149,202,211.51 in Q1 2020, representing an increase of approximately 31.1%[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,395[10] - The largest shareholder, Peak Win International Limited, held 1.64 billion shares, accounting for 43.73% of the total shares[10] - The company's equity attributable to shareholders increased to ¥26.31 billion from ¥26.09 billion, a growth of approximately 0.84%[19] Future Outlook - The company has plans for market expansion and new product development in the upcoming quarters[5] - The company has not reported any significant changes in net profit expectations for the year compared to the previous year[15]