SGC(SH:601139)2021-04-27 16:00Financial Performance - Net profit attributable to shareholders rose by 32.20% to CNY 286.97 million year-on-year[4] - Operating revenue grew by 53.60% to CNY 4.35 billion compared to the same period last year[4] - Basic earnings per share increased by 25.00% to CNY 0.10 compared to the previous year[5] - The weighted average return on net assets improved to 2.38%, up by 0.46 percentage points from the previous year[4] - Net profit attributable to shareholders was 286.97 million RMB, a 32.20% increase from 217.07 million RMB year-on-year, and a 20.42% increase from 238.31 million RMB compared to the same period in 2019[11] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 282.91 million RMB, a 30.15% increase from 217.37 million RMB year-on-year, and a 26.12% increase from 224.32 million RMB compared to the same period in 2019[11] - Net profit for Q1 2021 was ¥309,289,651.31, up from ¥223,668,295.52 in Q1 2020, reflecting a growth of approximately 38.3%[23] - The net profit for Q1 2021 reached CNY 548,599,819.19, compared to CNY 198,269,504.21 in Q1 2020, representing a 176.5% increase[27] Revenue and Sales - The company's operating revenue for the reporting period was 4,351.81 million RMB, an increase of 53.60% compared to 2,833.28 million RMB in the same period last year, and a 40.00% increase from 3,108.36 million RMB in the same period of 2019[10] - Natural gas sales revenue reached 2,789.21 million RMB, up 33.90% from 2,082.98 million RMB year-on-year, and up 37.25% from 2,032.16 million RMB compared to the same period in 2019[10] - The sales volume of natural gas was 1,005 million cubic meters, representing a 37.30% increase from 732 million cubic meters year-on-year, and a 59.02% increase from 632 million cubic meters compared to the same period in 2019[10] - The company's operating revenue for Q1 2021 was CNY 2,126,956,755.56, a 57.6% increase from CNY 1,347,745,694.94 in Q1 2020[25] Cash Flow and Assets - Cash flow from operating activities turned positive with a net amount of CNY 104.80 million, a significant increase of 629.12% year-on-year[4] - The company reported a net cash flow per share from operating activities of CNY 0.04, compared to a negative CNY 0.01 in the previous year[4] - The company reported a cash and cash equivalents balance of 3,796.32 million RMB, a slight decrease from 3,891.15 million RMB at the end of the previous year[13] - The company's cash inflow from operating activities totaled CNY 4,520,324,030.30 in Q1 2021, compared to CNY 2,885,802,203.12 in Q1 2020, marking a 56.7% increase[28] - The cash flow from operating activities for Q1 2021 was CNY 104,804,966.72, a turnaround from a negative cash flow of CNY -19,807,243.68 in Q1 2020[28] - The company's cash and cash equivalents were ¥1,892,034,776.41 as of March 31, 2021, slightly down from ¥1,919,676,590.98 at the end of 2020, a decrease of approximately 1.4%[19] Shareholder Information - The total number of shareholders reached 32,712 by the end of the reporting period[7] - The largest shareholder, Shenzhen State-owned Assets Supervision and Administration Commission, holds 40.10% of the shares[7] Assets and Liabilities - Total assets increased by 1.61% to CNY 25.93 billion compared to the end of the previous year[4] - The total liabilities of the company were 13,054.69 million RMB, slightly down from 13,062.09 million RMB at the end of the previous year[15] - The total equity attributable to shareholders was 12,181.29 million RMB, an increase from 11,818.97 million RMB at the end of the previous year[16] - The company's total assets as of March 31, 2021, amounted to ¥20,455,665,489.19, compared to ¥19,841,557,597.69 at the end of 2020, showing an increase of about 3.1%[20] - The total liabilities as of March 31, 2021, were ¥9,651,520,222.60, compared to ¥9,610,509,890.56 at the end of 2020, indicating a slight increase of about 0.4%[20] Research and Development - The company has not disclosed any new product developments or market expansion strategies in this report[4] - Research and development expenses for Q1 2021 were ¥30,829,842.07, down from ¥39,813,031.12 in Q1 2020, indicating a decrease of about 22.6%[23] Operating Costs - Total operating costs for Q1 2021 were ¥3,981,434,114.80, compared to ¥2,558,248,061.60 in Q1 2020, indicating an increase of about 55.5%[21] - The total operating costs for Q1 2021 were CNY 1,475,655,728.76, which is a 69.9% increase from CNY 868,221,405.25 in Q1 2020[25]