SAFETY(SH:603028)2021-04-27 16:00Financial Performance - Operating revenue for the period was ¥175,559,350.26, representing a significant increase of 57.24% year-on-year[5]. - Net profit attributable to shareholders was ¥7,961,875.95, a remarkable increase of 178.09% compared to the same period last year[5]. - Basic earnings per share increased to ¥0.04, reflecting a 300% rise from ¥0.01 in the same period last year[5]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching ¥7,132,061.64, up 344.10% year-on-year[5]. - The company's operating revenue for Q1 2021 was CNY 175,559,350, representing a 57.24% increase compared to CNY 111,647,889 in the previous period[12]. - The net profit attributable to shareholders increased by 178.09% to CNY 7,961,875.95, driven by higher sales orders for steel wire products and the profitability of new architectural design services[12]. - The total profit for Q1 2021 was CNY 6,726,219.41, compared to CNY 2,414,027.93 in Q1 2020, marking an increase of 178.5%[24]. - The company's operating profit for Q1 2021 was CNY 6,810,846.38, up from CNY 2,405,525.07 in Q1 2020, indicating a growth of 183.5%[24]. Cash Flow - The net cash flow from operating activities improved to -¥18,346,358.93, a 61.16% reduction in losses compared to the previous year[5]. - Cash inflow from operating activities was CNY 224,251,780.03 in Q1 2021, compared to CNY 129,319,625.29 in Q1 2020, an increase of 73.5%[26]. - The net cash flow from operating activities for Q1 2021 was -11,341,654.36 RMB, an improvement from -65,944,620.65 RMB in Q1 2020, indicating a significant reduction in losses[29]. - Total cash inflow from operating activities reached 178,454,644.67 RMB, compared to 100,587,015.89 RMB in the same period last year, reflecting a year-over-year increase of approximately 77.3%[29]. - The net cash flow from investing activities was -8,482,064.08 RMB, worsening from -946,329.60 RMB in Q1 2020, indicating increased investment expenditures[29]. - The net cash flow from financing activities was 13,317,555.99 RMB, compared to 14,476,325.01 RMB in the previous year, showing a decrease of approximately 8.0%[29]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,186,211,073.45, an increase of 1.39% compared to the end of the previous year[5]. - Total assets as of March 31, 2021, amounted to CNY 1,030,301,637.63, compared to CNY 1,004,834,683.04 at the end of 2020, indicating a growth of 2.5%[20]. - Total liabilities as of March 31, 2021, were CNY 373,384,045.62, an increase from CNY 353,641,122.36 at the end of 2020, reflecting a growth of 5.4%[19]. - Current liabilities totaled CNY 300,090,148.12 in Q1 2021, compared to CNY 279,327,224.86 in Q1 2020, marking an increase of 7.4%[19]. - The company's total equity increased to CNY 656,917,592.01 in Q1 2021 from CNY 651,193,560.68 in Q1 2020, showing a growth of 0.4%[20]. - Total liabilities reached CNY 412,452,016.08, with current liabilities at CNY 333,458,449.44[33]. Investments and Expenses - The company is expanding its capacity with ongoing investments in equipment, reflected in the increase of construction in progress to ¥2,098,161.53[11]. - Research and development expenses surged by 110.36% to CNY 7,176,674.45, reflecting the company's efforts to enhance brand competitiveness and invest in new projects[12]. - Research and development expenses increased to CNY 7,176,674.45 in Q1 2021, compared to CNY 3,411,624.78 in Q1 2020, representing a rise of 110.5%[21]. - The company reported a decrease in other income by 31.85% to CNY 1,006,208.33, attributed to a reduction in government subsidies received[12]. Shareholder Information - The number of shareholders at the end of the reporting period was 13,741[9]. - The company received government subsidies amounting to ¥1,011,208.33, which are closely related to its normal business operations[6].