SQTEG(SH:603339)2021-04-21 16:00Financial Performance - Operating revenue for the period was ¥315,462,281.95, representing a growth of 51.76% year-on-year[7]. - Net profit attributable to shareholders was ¥31,756,841.78, marking a significant increase of 71.16% compared to the same period last year[7]. - Basic earnings per share increased to ¥0.11, up 57.14% from ¥0.07 in the previous year[7]. - The company's operating revenue for Q1 2021 was CNY 315,462,281.95, representing a 51.76% increase compared to CNY 207,871,245.32 in Q1 2020, primarily due to sales growth[15]. - Net profit for Q1 2021 was ¥33,849,561.72, representing a 62.0% increase compared to ¥20,889,583.38 in Q1 2020[27]. - The total comprehensive income for Q1 2021 was CNY 34,069,495.44, compared to CNY 21,443,308.96 in Q1 2020, representing an increase of approximately 58.7%[28]. - Operating profit for Q1 2021 was ¥38,059,688.18, up 50.5% from ¥25,265,896.72 in Q1 2020[27]. - The total operating profit for Q1 2021 was CNY 26,544,275.39, compared to CNY 8,588,074.60 in Q1 2020, marking an increase of 209.5%[29]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥116,279,017.22, worsening by 69.47% compared to the previous year[7]. - The net cash flow from operating activities for Q1 2021 was a loss of CNY 116,279,017.22, which is a 69.47% increase in loss compared to CNY 68,613,632.98 in Q1 2020, mainly due to increased cash payments for goods and services[15]. - The company experienced a significant increase in cash inflow from operating activities, totaling CNY 366,500,660.20 in Q1 2021, compared to CNY 236,399,749.86 in Q1 2020[31]. - Total cash outflow from operating activities in Q1 2021 was $184,294,620.66, compared to $104,322,470.95 in Q1 2020, marking a 76.7% increase[34]. - The net cash flow from investment activities was -$33,489,005.82 in Q1 2021, an improvement from -$55,675,110.57 in Q1 2020[35]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,503,492,881.44, an increase of 0.90% compared to the end of the previous year[7]. - The company's total assets as of March 31, 2021, were CNY 2,503,492,881.44, compared to CNY 2,481,126,362.31 as of December 31, 2020, indicating a slight increase[19]. - Total liabilities increased to ¥303,714,557.07 in Q1 2021 from ¥280,394,072.60 in Q4 2020[23]. - Current assets totaled ¥329,098,946.07, up from ¥307,350,336.48 at the end of 2020[22]. - Total current liabilities decreased to CNY 630,288,846.99 from CNY 641,540,230.80, reflecting a reduction in short-term obligations[20]. Shareholder Information - The total number of shareholders reached 19,493 at the end of the reporting period[12]. - The largest shareholder, Huang Jie, holds 40.27% of the shares, totaling 124,596,915 shares[12]. Research and Development - Research and development expenses for Q1 2021 were ¥14,496,884.79, compared to ¥11,521,998.65 in Q1 2020, reflecting a 25.7% increase[26]. - Research and development expenses for Q1 2021 were CNY 5,283,937.42, a slight increase from CNY 5,216,138.87 in Q1 2020[28]. Earnings and Returns - The weighted average return on equity rose to 1.85%, an increase of 0.66 percentage points from the previous year[7]. - The diluted earnings per share also stood at ¥0.11, reflecting the same growth rate of 57.14% as the basic earnings per share[7]. - Basic and diluted earnings per share for Q1 2021 were both CNY 0.11, compared to CNY 0.07 in Q1 2020, reflecting a growth of 57.1%[28].