SDF(SH:605006)2021-04-26 16:00Financial Performance - Net profit attributable to shareholders surged by 350.54% to CNY 152,519,742.59 year-on-year[5] - Operating revenue rose by 71.76% to CNY 737,401,721.58 compared to the same period last year[5] - Basic earnings per share increased by 287.50% to CNY 0.31[5] - Operating profit for Q1 2021 was ¥184,749,406.20, compared to ¥45,415,683.45 in Q1 2020, reflecting a growth of 307.5%[27] - Net profit for Q1 2021 reached CNY 58,185,206.24, compared to CNY 3,463,716.78 in Q1 2020, indicating a significant increase of 1,580.5%[31] - Total operating revenue for Q1 2021 reached ¥737,401,721.58, a significant increase of 71.7% compared to ¥429,327,406.17 in Q1 2020[27] Cash Flow - Net cash flow from operating activities increased by 671.46% to CNY 20,624,142.45[5] - Cash inflow from operating activities in Q1 2021 was CNY 298,572,188.68, compared to CNY 169,335,375.22 in Q1 2020, showing a growth of 76.2%[32] - The net cash flow from financing activities increased by 1,028.00% to ¥153,921,654.48, primarily due to higher cash received from loans[15] - Cash inflow from financing activities was 464,100,318.49 RMB, up from 291,803,072.57 RMB in the previous year, marking an increase of approximately 59%[33] - The net cash flow from financing activities for Q1 2021 was 153,921,654.48 RMB, compared to 13,645,543.27 RMB in Q1 2020, showing a significant improvement[33] Assets and Liabilities - Total assets increased by 6.36% to CNY 4,823,363,885.43 compared to the end of the previous year[5] - The company's total assets reached ¥4,823,363,885.43, up from ¥4,534,917,736.43 in the previous year[20] - Total liabilities increased to ¥1,194,276,475.17 as of March 31, 2021, from ¥1,121,545,932.41 at the end of 2020, representing a rise of 6.5%[25] - Current liabilities totaled ¥1,789,814,280.15, while non-current liabilities were ¥963,642,395.99, leading to total liabilities of ¥2,753,456,676.14[39] Shareholder Information - The total number of shareholders reached 31,315 at the end of the reporting period[10] - The largest shareholder, Linyi Mining Group Co., Ltd., holds 52.74% of the shares[10] Government Support and Non-Recurring Items - The company received government subsidies totaling CNY 5,105,827.61 during the reporting period[8] - Non-recurring gains and losses amounted to CNY 5,655,734.44, impacting the net profit[9] Research and Development - The company reported a significant increase in research and development expenses, totaling ¥18,238,484.08 in Q1 2021, compared to ¥15,443,414.39 in Q1 2020, reflecting a growth of 18.2%[27] Financial Expenses - The company's financial expenses decreased by 33.74% to ¥24,368,372.69 due to a reduction in financing scale and interest expenses[13] - Financial expenses decreased to CNY 10,784,603.40 in Q1 2021 from CNY 16,151,661.28 in Q1 2020, a reduction of 33.3%[30] Inventory and Receivables - Accounts receivable financing increased by 69.68% to ¥702,900,505.78, reflecting a rise in received bank acceptance bills[12] - Inventory decreased to ¥30,168,857.30 as of March 31, 2021, from ¥33,947,525.27 at the end of 2020, a decline of 11.5%[24]