2021-04-29 16:00Financial Performance - Net profit attributable to shareholders rose by 141.99% to CNY 827.50 million year-on-year[5] - Operating revenue surged by 52.95% to CNY 5.27 billion compared to the same period last year[5] - Basic earnings per share increased by 168.27% to CNY 0.0668[5] - Operating revenue increased by 52.95% year-on-year, mainly driven by the revenue growth in the container manufacturing segment[10] - Operating profit for Q1 2021 reached CNY 961,589,293.19, compared to CNY 377,201,508.62 in Q1 2020, reflecting a significant increase[21] - Net profit for Q1 2021 was CNY 827,503,592.29, up from CNY 341,957,733.55 in Q1 2020, indicating a growth of 142.3%[21] - The company’s total profit for Q1 2021 was CNY 931,766,261.07, compared to CNY 372,461,103.37 in Q1 2020, marking a significant increase[21] Assets and Liabilities - Total assets increased by 2.58% to CNY 149.80 billion compared to the end of the previous year[5] - Total liabilities increased to ¥122.85 billion as of March 31, 2021, compared to ¥121.67 billion at the end of 2020, reflecting a growth of 0.97%[15] - Current assets rose significantly to ¥19.88 billion from ¥7.64 billion, marking an increase of 160.67% year-over-year[16] - Total equity increased to ¥26.95 billion from ¥24.37 billion, reflecting a growth of 10.66%[15] - The total non-current liabilities decreased to ¥57.58 billion from ¥56.81 billion, a decline of 1.36%[15] Cash Flow - Net cash flow from operating activities increased by 20.79% to CNY 1.28 billion year-on-year[5] - Cash inflow from operating activities totaled ¥5,407,660,902.28, an increase from ¥4,030,347,485.38 in Q1 2020, representing a growth of approximately 34%[27] - Net cash flow from operating activities was ¥1,281,474,448.07, up from ¥1,060,951,788.02 in the same period last year, indicating a year-over-year increase of about 20.8%[28] - Cash inflow from investment activities reached ¥7,368,222,355.93, compared to ¥4,449,268,884.51 in Q1 2020, marking a significant increase of approximately 65.5%[28] - The net cash flow from financing activities decreased by 124.70% year-on-year, mainly due to increased cash payments for debt repayment during the reporting period[10] Shareholder Information - The total number of shareholders reached 327,715 by the end of the reporting period[7] - The largest shareholder, China Ocean Shipping Group, holds 38.00% of the shares[7] Receivables and Payables - Accounts receivable increased by 30.52% mainly due to the rise in unsettled container sales receivables[9] - Accounts receivable from reinsurance increased by 372.63% compared to the beginning of the period, mainly due to the increase in insurance agency business during the reporting period[10] - Other receivables increased by 387.91% compared to the beginning of the period, primarily due to new equity disposal payments during the reporting period[10] Investment and Financing Activities - The company plans to issue shares to acquire 100% equity of several subsidiaries and raise up to RMB 1.464 billion in supporting funds[11] - The company reported a decrease in short-term borrowings to ¥8.70 billion from ¥6.70 billion, an increase of 29.85%[17] - Long-term borrowings increased to ¥47.49 billion from ¥45.53 billion, showing a growth of 4.30%[15] Other Financial Metrics - The weighted average return on equity improved by 2.48 percentage points to 4.15%[5] - Fair value changes in financial assets increased by 91.59% year-on-year, reflecting the increase in fair value gains from held financial assets[10] - The company reported a total cost of operations of CNY 4,732,966,323.42 in Q1 2021, which is a 42.2% increase from CNY 3,329,331,430.51 in Q1 2020[19] - Financial expenses for Q1 2021 were CNY 341,285,134.24, down from CNY 643,349,337.38 in Q1 2020, showing a decrease of 47.0%[19]