ShaanGu(SH:601369)2021-04-27 16:00Financial Performance - Operating revenue for the period was ¥2,628,944,915.85, representing a 47.00% increase year-on-year[10]. - Net profit attributable to shareholders was ¥234,272,953.05, up 36.53% from the same period last year[10]. - Basic earnings per share rose to ¥0.14, reflecting a 40.00% increase year-on-year[10]. - The total profit for Q1 2021 was ¥312,355,534.34, a 34.52% increase from ¥232,192,746.33 in the previous year[39]. - The net profit for Q1 2021 reached approximately ¥255.62 million, representing a 37.7% increase compared to ¥185.57 million in Q1 2020[71]. - The company reported a profit margin of approximately 9.7% in Q1 2021, compared to 10.4% in Q1 2020[71]. - The company reported a significant increase in other income, which rose by 148.08% to ¥11,608,686.56, compared to ¥4,679,485.73 in the previous year[39]. - The company’s net profit for the first quarter of 2021 reached ¥195.32 million, up from ¥156.21 million in the first quarter of 2020, indicating a growth of approximately 25.1%[78]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥24,777,866,893.21, an increase of 8.01% compared to the end of the previous year[10]. - The company's total assets increased to ¥24.78 billion from ¥22.94 billion, reflecting a growth of about 8.0%[57]. - The total current assets reached RMB 21.32 billion, up from RMB 19.66 billion at the end of 2020, indicating a growth of approximately 8.4%[55]. - The company's long-term receivables rose significantly to RMB 228.83 million from RMB 73.20 million, indicating a substantial increase[57]. - Total liabilities reached ¥16,701,573,835.71, up from ¥14,778,801,870.42, which is an increase of 12.3%[66]. - The company's long-term borrowings increased by 212.47% to ¥294,107,607.10, up from ¥94,122,787.50, indicating a rise in financing activities[36]. Cash Flow - Net cash flow from operating activities was ¥529,548,097.87, a 37.33% increase compared to the previous year[10]. - Cash inflows from operating activities in Q1 2021 amounted to ¥2.32 billion, a significant rise from ¥1.35 billion in Q1 2020, marking an increase of approximately 71.8%[80]. - The net cash flow from operating activities for Q1 2021 was ¥529.55 million, compared to ¥385.60 million in Q1 2020, representing an increase of about 37.3%[80]. - The net cash flow from investment activities for Q1 2021 was ¥780.67 million, a turnaround from a negative cash flow of ¥380.91 million in Q1 2020[83]. - The ending balance of cash and cash equivalents as of the end of Q1 2021 was ¥7.06 billion, compared to ¥3.98 billion at the end of Q1 2020, reflecting a growth of about 77.5%[83]. Shareholder Information - The total number of shareholders at the end of the reporting period was 32,997[16]. - The largest shareholder, Shaanxi Blower (Group) Co., Ltd., holds 58.20% of the shares[16]. Research and Development - Research and development expenses increased by 55.01% to ¥71,665,589.05, up from ¥46,233,593.51, indicating a significant investment in innovation[39]. - The company initiated 58 research projects in 2021 to enhance the competitiveness of core products in the distributed energy sector, focusing on high-end chemical equipment[22]. - The company has filed 8 patent applications and received 34 patents, including 1 invention patent, enhancing its intellectual property portfolio[24]. Contracts and Projects - The company signed a contract for a 80,000 Nm³/h oxygen separation compressor unit for a copper smelting project, marking a significant entry into the large-scale oxygen separation market in the non-ferrous metallurgy sector[19]. - The company secured contracts for two hydrogen process gas and cooling gas compressor systems for a hydrogen energy development project, addressing environmental pollution and carbon emissions in the steel metallurgy process[19]. - The company signed a significant contract with Beijing Sanju Environmental Protection New Materials Co., Ltd. for the supply and installation of heating equipment, totaling RMB 386 million, currently in execution[48]. - A contract for the gas pipeline project with Shaanxi Natural Gas Co., Ltd. was signed for RMB 261.96 million, with all units delivered and operational[48].