SHJB(SH:600838)2021-04-28 16:00Financial Performance - Operating revenue increased by 39.57% to CNY 28,612,732.63 compared to the same period last year[6] - Net profit attributable to shareholders increased by 102.00% to CNY 17,716,986.35 compared to the same period last year[6] - Basic and diluted earnings per share increased by 101.83% to CNY 0.0442[6] - The company’s investment income increased significantly, contributing to the rise in net profit[7] - Operating profit surged by 102.81% to ¥17,629,634.94 compared to ¥8,692,602.48 in the previous period[12] - Net profit doubled to ¥17,716,986.35, reflecting a 102.00% increase from ¥8,770,577.84[12] - Investment income for Q1 2021 was ¥23,174,984.90, an increase from ¥12,713,191.22 in Q1 2020[25] - The net profit for Q1 2021 reached CNY 18,810,348.38, up from CNY 12,107,236.91 in Q1 2020, representing a growth of 55.7%[29] Assets and Liabilities - Total assets decreased by 1.61% to CNY 1,471,635,759.93 compared to the end of the previous year[6] - Accounts receivable increased by 40.24% to ¥18,466,730.92 compared to ¥13,167,666.68 from the previous year[12] - Other current assets decreased by 52.92% to ¥2,703,900.98 from ¥5,742,800.95 due to a reduction in tax credits[12] - Total assets as of March 31, 2021, amounted to ¥1,563,078,696.34, a decrease from ¥1,599,670,901.31 at the end of 2020[22] - Total liabilities as of March 31, 2021, were ¥69,317,177.09, down from ¥73,064,116.48 at the end of 2020[22] - Total liabilities increased to CNY 122,670,666.74 in Q1 2021 from CNY 154,153,491.76 at the end of 2020[38] Cash Flow - Net cash flow from operating activities was negative at CNY -6,423,907.35, a decline from CNY -3,090,827.53 in the previous year[6] - The cash flow from operating activities for Q1 2021 was CNY -6,423,907.35, worsening from CNY -3,090,827.53 in Q1 2020[31] - Operating cash inflow for Q1 2021 was CNY 9,360,819.96, a 39.4% increase from CNY 6,716,700.79 in Q1 2020[34] - Net cash flow from operating activities improved to CNY 2,374,558.62 in Q1 2021, compared to a negative CNY 3,507,240.69 in Q1 2020[34] - Cash and cash equivalents at the end of Q1 2021 were CNY 198,210,479.62, down from CNY 382,452,893.96 at the end of Q1 2020[32] Shareholder Information - The total number of shareholders reached 40,740 by the end of the reporting period[9] - The largest shareholder, Shanghai Jiubai Group Co., Ltd., holds 20.00% of the shares[9] - Shareholder equity totaled ¥1,493,761,519.25 as of March 31, 2021, compared to ¥1,526,606,784.83 at the end of 2020[22] - The company reported a total equity of CNY 1,372,978,585.11 as of Q1 2021, unchanged from the end of 2020[38] Other Financial Metrics - The weighted average return on equity increased by 0.62 percentage points to 1.28%[6] - The company received government subsidies amounting to CNY 92,060.33, contributing to non-operating income[8] - The company reported a decrease in other comprehensive income, with a net loss of ¥51,655,613.96 in Q1 2021 compared to a loss of ¥31,546,990.55 in Q1 2020[25] - The company incurred a credit impairment loss of CNY -52,282.47 in Q1 2021, compared to CNY -49,122.48 in Q1 2020[29] Changes in Accounting Standards - The company adopted new leasing standards starting January 1, 2021, impacting the accounting treatment of leases[38] - The company did not opt for retrospective adjustment of prior comparative data under the new leasing standards[44]