SHLG(SH:600848)2021-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 92.41% to CNY 386.47 million year-on-year[4] - Operating revenue rose by 3.30% to CNY 1.26 billion compared to the same period last year[4] - Basic earnings per share increased by 80.00% to CNY 0.18 compared to CNY 0.10 in the same period last year[5] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, up 81.79% to CNY 287.51 million[4] - Net profit for Q1 2021 was CNY 445,483,141.11, up 67.5% from CNY 266,019,660.27 in Q1 2020[24] - Total operating revenue for Q1 2021 was CNY 1,257,790,673.63, an increase of 3.1% compared to CNY 1,217,657,793.22 in Q1 2020[23] Assets and Liabilities - Total assets increased by 9.94% to CNY 46.12 billion compared to the end of the previous year[4] - The company's total liabilities amounted to ¥28.07 billion, compared to ¥24.26 billion in the previous year, reflecting an increase of around 15.4%[20] - The company's long-term borrowings increased to ¥9.41 billion from ¥6.37 billion, representing a growth of about 47.8%[20] - The total liabilities increased to CNY 13,464,068,439.54 from CNY 11,597,943,654.76, marking a growth of 16.1%[22] - The total cash and cash equivalents at the end of Q1 2021 stood at ¥5,787,592,465.47, up from ¥4,232,998,394.84 at the end of Q1 2020, showing improved liquidity[30] Cash Flow - The net cash flow from operating activities improved to CNY -701.26 million, an increase from CNY -883.35 million in the previous year[4] - The company’s cash flow from operating activities showed improvement, contributing positively to the overall financial health[24] - Operating cash flow for Q1 2021 was ¥1,782,036,080.04, an increase from ¥1,166,354,768.81 in Q1 2020, reflecting improved cash generation from operations[29] - The company experienced a net cash outflow of ¥701,261,917.59 from operating activities in Q1 2021, an improvement compared to a net outflow of ¥883,350,172.65 in Q1 2020[29] - Financing activities generated a net cash inflow of ¥3,701,542,773.65 in Q1 2021, a substantial increase from ¥158,093,351.56 in Q1 2020, highlighting strong financing efforts[30] Investments and Income - Investment income rose by 47.53% to ¥46,112,600.44, driven by increased investment returns and dividends from fund partnerships[14] - The company reported a significant increase in investment income, reaching CNY 46,112,600.44, compared to CNY 31,256,916.18 in the previous year[23] - The company has experienced a gradual realization of investment benefits from its industrial funds[5] Shareholder Information - The total number of shareholders reached 62,603, with the top ten shareholders holding a significant portion of shares[9] - The total equity attributable to shareholders reached ¥14.88 billion, up from ¥14.54 billion, indicating a growth of approximately 2.3%[20] Operational Efficiency - The company is focusing on enhancing industrial capabilities and park development, which contributed to the profit growth[5] - Total operating costs decreased to CNY 828,787,926.30 from CNY 1,004,268,442.13, representing a reduction of 17.5%[23] - The company reported a decrease in employee compensation payable to ¥131.20 million from ¥213.48 million, a decline of about 38.5%[19] Tax and Other Income - The company reported a decrease in tax and additional fees by 58.96% to ¥59,775,214.71, mainly due to tax planning efforts[13] - The company’s other income increased by 880.79% to ¥6,974,978.49, primarily due to an increase in government subsidies recognized during the period[14]