SDICZL(SH:600962)2021-04-28 16:00Financial Performance - Operating income increased by 18.44% to CNY 309,336,100.55 year-on-year[5] - Net profit attributable to shareholders decreased by 233.80% to CNY -1,381,063.72 compared to the same period last year[5] - The company reported a net loss of CNY 309,100,036.99 for Q1 2021, compared to a net loss of CNY 305,997,342.40 in Q1 2020[26] - The net profit for Q1 2021 was CNY 1,661,534.73, a decrease of 37% from CNY 2,635,447.36 in Q1 2020[28] - The total profit for Q1 2021 was CNY 1,511,637.68, down 39.6% from CNY 2,504,196.68 in Q1 2020[28] - The company reported a basic and diluted earnings per share of CNY -0.0053 for Q1 2021, compared to CNY 0.0039 in Q1 2020[29] - The comprehensive income total for Q1 2021 was CNY -4,115,685.61, compared to CNY -11,407,872.28 in Q1 2020[29] Assets and Liabilities - Total assets decreased by 13.56% to CNY 2,114,239,082.73 compared to the end of the previous year[5] - Total current assets decreased to ¥1,283,740,782.30 from ¥1,593,984,353.18, reflecting a reduction in liquidity[21] - Total assets decreased to ¥2,114,239,082.73 from ¥2,446,007,123.77, indicating a decline in overall asset base[21] - Total liabilities decreased to CNY 1,280,616,923.60 from CNY 1,608,269,279.03, a reduction of 20.4%[25] - Total equity decreased slightly to CNY 833,622,159.13 from CNY 837,737,844.74, a decline of 0.5%[25] - The company’s total liabilities as of January 1, 2021, were ¥1,511,884,800.38, consistent with the previous reporting period[38] Cash Flow - Cash flow from operating activities decreased by 27.67% to CNY 213,786,852.34 year-on-year[5] - Cash received from tax refunds decreased by 36% to ¥33,965,274.44, compared to ¥53,394,855.39 in the previous year[17] - Cash paid for purchasing goods and services rose by 46% to ¥77,792,159.66, indicating increased operational expenditures[17] - The cash flow from operating activities for Q1 2021 was CNY 213,786,852.34, a decrease of 27.6% from CNY 295,573,488.86 in Q1 2020[32] - The company incurred a net cash outflow from investment activities of -¥1,592,775.30 in Q1 2021, compared to -¥53,667.76 in Q1 2020[35] Shareholder Information - The number of shareholders reached 17,680 at the end of the reporting period[10] - The largest shareholder, State Development Investment Corporation, holds 44.57% of the shares[10] Expenses - Sales expenses decreased by 31% to ¥11,668,589.29 compared to ¥16,964,208.16 in the same period last year, primarily due to reduced transportation and storage costs[15] - Credit impairment losses increased significantly by 577% to ¥1,098,574.19 from a loss of ¥230,429.17, attributed to an increase in bad debt provisions[15] - Research and development expenses for Q1 2021 were CNY 1,592,242.06, a slight decrease from CNY 1,652,610.53 in Q1 2020[27] - The company’s management expenses decreased to CNY 4,908,495.13 in Q1 2021 from CNY 5,787,118.64 in Q1 2020, a reduction of 15.1%[30] Other Income - Other income surged by 1,196% to ¥19,439.38, driven by an increase in government subsidies related to operations[15]