SHCD(SH:603887)2021-04-27 16:00Financial Performance - Operating revenue increased by 9.53% to CNY 567,535,094.49 year-on-year[6] - Net profit attributable to shareholders rose by 2.92% to CNY 75,770,938.62 compared to the same period last year[6] - The company reported a net profit of ¥1,055,285,826.21, up from ¥980,033,652.21, indicating an increase of approximately 7.7%[17] - Total revenue for Q1 2021 was CNY 567,535,094.49, an increase of 9.4% compared to CNY 518,163,043.46 in Q1 2020[20] - Net profit for Q1 2021 reached CNY 75,770,938.62, a 3.0% increase from CNY 73,589,598.19 in Q1 2020[22] - Operating profit for Q1 2021 was CNY 95,581,404.07, compared to CNY 91,023,373.25 in Q1 2020, indicating a growth of 5.7%[22] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of CNY 92,462,366.13, an increase of 813.15% in outflow compared to the previous year[6] - The net cash flow from operating activities was -¥92,462,366.13, worsening from -¥10,125,666.82 in the same period last year[27] - Cash inflows from investment activities totaled ¥330,000,000.00, compared to only ¥10,000.00 in Q1 2020[28] - The net cash flow from investment activities was -¥671,304,483.35, significantly higher than -¥267,060,232.01 in Q1 2020[28] - Cash inflows from financing activities were ¥667,541,856.00, up from ¥437,680,000.00 in Q1 2020[28] - The net cash flow from financing activities decreased to -¥29,778,784.63 from a positive ¥195,051,899.36 in the previous year[28] Assets and Liabilities - Total assets decreased by 5.21% to CNY 8,138,494,776.64 compared to the end of the previous year[6] - Total current assets decreased to ¥5,357,563,514.81 from ¥5,957,256,039.70, reflecting a reduction of about 10.1%[15] - The total liabilities decreased to ¥4,006,579,578.64 from ¥4,529,434,529.15, a decline of approximately 11.5%[16] - Total current liabilities decreased to ¥2,877,498,873.59 from ¥3,218,299,487.19, a reduction of approximately 10.6%[16] - The total liabilities decreased to CNY 2,234,616,741.23 in Q1 2021 from CNY 2,643,083,813.97 in Q1 2020[19] - The total equity attributable to shareholders increased to ¥4,131,915,198.00 from ¥4,056,118,065.74, representing an increase of about 1.9%[17] Shareholder Information - The number of shareholders reached 18,233 at the end of the reporting period[7] - The largest shareholder, Xie Xiaodong, holds 21.87% of the shares, with 40,176,000 shares pledged[7] Investment and Growth - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[18] - Long-term borrowings were reduced to zero, a 100% decrease, as part of optimizing the company's debt structure[9] - The company has long-term borrowings of CNY 216,680,000.00 as of the first quarter of 2021[34] Research and Development - Research and development expenses decreased to CNY 17,281,970.94 in Q1 2021 from CNY 20,845,392.47 in Q1 2020, a reduction of 17.8%[20] Financial Ratios - The weighted average return on equity decreased by 15.91 percentage points to 1.85%[6] - Earnings per share remained stable at CNY 0.20 for both Q1 2021 and Q1 2020[23]