GSDC(SH:603458)2021-04-28 16:00Financial Performance - Total revenue for Q1 2021 reached RMB 709,137,357.53, representing a 68.33% increase compared to RMB 421,284,652.25 in the same period last year[8] - Net profit attributable to shareholders for Q1 2021 was RMB 77,992,994.80, up 19.64% from RMB 65,187,830.73 year-on-year[8] - The basic earnings per share for Q1 2021 was RMB 0.33, reflecting a 17.86% increase from RMB 0.28 in the same period last year[8] - The weighted average return on equity increased by 0.09 percentage points to 2.54% from 2.45% year-on-year[8] - Operating profit for Q1 2021 was ¥92,274,203.98, compared to ¥81,699,829.99 in Q1 2020, reflecting a growth of 11.3%[25] - Net profit for Q1 2021 after tax was ¥77,566,024.77, an increase from ¥65,612,070.52 in Q1 2020[25] - The company reported a comprehensive income total of CNY 77,956,336.12 for Q1 2021, compared to CNY 65,868,875.60 in Q1 2020, reflecting a growth of 18.5%[27] - The company's net profit for Q1 2021 was CNY 77,566,024.77, an increase of 18.2% compared to CNY 65,612,070.52 in Q1 2020[27] Cash Flow and Liquidity - The net cash flow from operating activities for the period was RMB -257,204,986.16, compared to RMB -86,275,971.71 in the previous year, indicating a significant decline[8] - The company's cash and cash equivalents decreased to ¥748,037,968.39 from ¥817,616,973.22, indicating a reduction in liquidity[18] - The net cash flow from operating activities for Q1 2021 was ¥25,773,255.20, a significant improvement compared to a net outflow of ¥80,499,160.43 in Q1 2020[35] - Total cash inflow from operating activities reached ¥667,964,323.58, up from ¥298,748,156.87 in the same period last year, indicating a growth of approximately 123%[35] - Cash outflow for operating activities was ¥642,191,068.38, compared to ¥379,247,317.30 in Q1 2020, reflecting an increase of about 69%[35] - The ending balance of cash and cash equivalents was ¥478,399,936.18, slightly down from ¥484,148,220.69 at the end of Q1 2020[36] Assets and Liabilities - The total assets at the end of the reporting period were RMB 7,048,175,876.34, an increase of 1.83% from RMB 6,921,218,929.21 at the end of the previous year[8] - The total assets of the company increased to ¥7,048,175,876.34, compared to ¥6,921,218,929.21 in the previous year[19] - Total liabilities as of March 31, 2021, were ¥3,197,410,730.45, a decrease from ¥3,200,915,931.68 at the end of 2020[23] - Current liabilities totaled ¥3,285,985,715.64, reflecting a minor increase of ¥63,187.41 from the prior period[40] - Non-current liabilities were reported at ¥576,835,069.89, showing a decrease of ¥2,821,123.44 compared to the last reporting period[40] - The company's equity attributable to shareholders rose to ¥2,736,583,251.35 from ¥2,718,954,342.33, a slight increase of 0.7%[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 23,379[12] - The top ten shareholders held a total of 56,000,000 shares, with the largest shareholder holding 22,278,250 shares, accounting for 9.23% of the total shares[12] Operating Costs and Expenses - Operating costs rose to ¥510,541,858.39, reflecting a 101.42% increase from ¥253,474,407.36, primarily due to business growth[14] - Total operating costs for Q1 2021 were ¥625,066,145.60, up 81.7% from ¥343,959,377.12 in Q1 2020[25] - Research and development expenses rose to CNY 16,870,676.20, representing a 47.5% increase from CNY 11,470,905.04 in the previous year[29] - The financial expenses for Q1 2021 were CNY 21,612,326.27, compared to CNY 18,434,142.47 in Q1 2020, reflecting an increase of 11.8%[29] Government Subsidies - The company received government subsidies amounting to RMB 5,334,427.69, which are closely related to its normal business operations[8] Contracts and New Business - New contracts signed in Q1 2021 totaled ¥126,822,000, with engineering consulting accounting for 64.64% and engineering contracting 35.36%[15]