CGS(SH:601881)2021-04-29 16:00Financial Performance - Operating revenue rose by 35.65% to CNY 7.58 billion compared to the same period last year[4] - Net profit increased by 13.20% to CNY 1.99 billion year-on-year[4] - Basic earnings per share increased by 17.65% to CNY 0.20 per share[4] - Total operating revenue for Q1 2021 was CNY 7,579,622,186.24, a 35.7% increase from CNY 5,587,610,547.01 in Q1 2020[18] - Net profit attributable to shareholders was CNY 1,985,123,766.89, a 13.2% increase from CNY 1,753,641,667.60 in Q1 2020[19] - Total profit was CNY 2,492,950,477.08, an increase from CNY 2,283,529,613.82 in the previous year[18] Assets and Liabilities - Total assets increased by 2.83% to CNY 458.36 billion compared to the end of the previous year[4] - The company’s total liabilities increased by 11.07% to ¥97,865,936,233.11, primarily due to the growth in pledged repurchase business[10] - The total liabilities as of March 31, 2021, were ¥369.51 billion, compared to ¥363.72 billion at the end of 2020, showing an increase of about 1.1%[14] - The equity attributable to shareholders rose to ¥88.08 billion from ¥81.25 billion, marking an increase of approximately 8.5%[14] - The total cash and cash equivalents at the end of Q1 2021 amounted to CNY 95,055,320,596.54, slightly down from CNY 98,966,980,475.66 at the end of Q1 2020[23] Cash Flow - Net cash flow from operating activities decreased by 56.68% to CNY 9.14 billion compared to the previous year[4] - Cash inflow from operating activities totaled CNY 35,614,031,260.02 in Q1 2021, down from CNY 45,538,336,500.22 in Q1 2020, representing a decline of about 21.8%[22] - The net cash flow from operating activities was CNY 9,144,476,447.12, significantly lower than CNY 21,111,502,558.03 in the previous year, indicating a decrease of approximately 56.7%[22] - Cash inflow from investment activities reached CNY 9,650,314,315.93, an increase from CNY 7,094,657,282.36 in Q1 2020, marking an increase of about 36.0%[22] - The net cash flow from financing activities was negative CNY 5,769,509,283.35, compared to a positive CNY 11,502,627,406.74 in Q1 2020, indicating a significant shift in financing strategy[23] Shareholder Information - The total number of shareholders reached 106,318, with the largest shareholder holding 51.16%[6] - The company reported a rise in unallocated profits to ¥24.27 billion from ¥22.30 billion, an increase of approximately 8.8%[14] Investment and Income - The company reported a net cash flow from investment activities of CNY -2.46 billion, an improvement of 46.56% year-on-year[4] - Investment income reached CNY 1,758,000,983.66, an increase of 21.8% from CNY 1,443,835,003.62 in the previous year[18] - The company reported a significant increase of 449.39% in other income to ¥38,398,164.50, attributed to personal income tax refunds[10] Other Financial Metrics - The weighted average return on net assets increased by 0.13 percentage points to 2.57%[4] - Total operating expenses for Q1 2021 were CNY 5,049,405,491.01, up from CNY 3,298,590,690.01, reflecting a 53.2% increase[18] - Other comprehensive income after tax was CNY -122,956,857.90, compared to CNY 123,007,663.46 in Q1 2020[19]