SZZT(SZ:002197)2021-04-29 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥254,485,084.11, representing a 6.80% increase compared to ¥238,277,825.77 in the same period last year[8]. - The net profit attributable to shareholders for Q1 2021 was ¥3,365,574.29, a 22.55% increase from ¥2,746,291.69 in the previous year[8]. - The basic earnings per share remained unchanged at ¥0.01 compared to the same period last year[8]. - Net profit attributable to shareholders increased by 22.55% year-on-year, primarily due to a rise in operating income and an increase in government subsidies received[18]. - The net profit for the current period is ¥3,897,806.31, a decrease of 11.6% compared to ¥4,412,594.26 in the previous period[73]. - The total comprehensive income for the current period is ¥3,897,806.31, compared to ¥4,412,594.26 in the previous period[76]. Cash Flow - The net cash flow from operating activities decreased significantly by 89.62%, amounting to ¥8,684,748.19 compared to ¥83,701,268.46 in the same period last year[8]. - Cash flow from operating activities decreased by 89.62% year-on-year, mainly due to an increase in project engineering payments during the reporting period[18]. - The cash flow from operating activities is ¥8,684,748.19, significantly down from ¥83,701,268.46 in the previous period[80]. - The cash inflow from operating activities totaled ¥331,546,744.41, down from ¥416,247,491.24 in the previous period[77]. - The cash flow from operating activities showed a positive trend, moving from negative to positive cash flow, indicating improved operational efficiency[84]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,543,317,847.48, reflecting a 0.81% increase from ¥6,490,824,824.60 at the end of the previous year[8]. - The total liabilities increased from CNY 4.07 billion at the end of 2020 to CNY 4.12 billion, indicating a rise of about 1.5%[48]. - The company's total assets were reported at CNY 6,490,824,824.60, with current assets totaling CNY 2,904,299,976.22 and non-current assets at CNY 2,125,022,029.17[96]. - The total amount of a major contract with Ping An Communication for IDC data center leasing and related services is CNY 920 million, with no sales revenue recognized in the current period[34]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,215[12]. - The net assets attributable to shareholders at the end of the reporting period were ¥2,420,648,711.62, a slight increase of 0.15% from ¥2,417,099,818.38[8]. - The company's total equity attributable to shareholders reached CNY 2,417,099,818.38, with total equity amounting to CNY 2,422,676,479.34[93]. Expenses - Total operating costs for Q1 2021 were CNY 255,488,929.27, up from CNY 239,543,666.09, reflecting a year-over-year increase of 6.6%[63]. - Sales expenses increased by 56.45% compared to the same period last year, attributed to the growth in revenue and related sales expenses[18]. - Research and development expenses for Q1 2021 were CNY 17,366,760.21, slightly up from CNY 16,951,785.22, reflecting a year-over-year increase of 2.4%[63]. Investment Activities - The company reported a 27.35% increase in cash flow from investing activities year-on-year, mainly due to reduced investment in data center projects[18]. - The cash outflow from investing activities is ¥78,038,821.24, compared to ¥104,374,478.02 in the previous period[80]. - The company reported a net cash flow from investment activities of -15,374,261.89, compared to -321,957,829.34 in the previous period, indicating a reduced outflow[87]. Financial Management - The company reported no instances of entrusted financial management or non-compliance guarantees during the reporting period[35][36]. - The first quarter report for 2021 was not audited, indicating a preliminary financial assessment[101].