STO(SZ:002468)2021-04-28 16:00Revenue and Profitability - Revenue for Q1 2021 reached ¥5,262,404,038.01, an increase of 47.28% compared to ¥3,572,962,442.23 in the same period last year[11] - Net profit attributable to shareholders was -¥89,521,478.38, a decrease of 253.39% from ¥58,361,301.26 in the previous year[11] - Basic and diluted earnings per share were both -¥0.060, a decline of 250.00% from ¥0.04 in the previous year[11] - The net profit for the current period was a loss of ¥91,966,546.63, contrasting with a profit of ¥60,099,758.79 in the previous period, marking a decline of approximately 253.5%[73] - The net profit for the current period is -11,727,319.67, down from a profit of 5,063,630.38 in the previous period, reflecting a negative shift in profitability[76] - The total comprehensive income for the current period is -11,727,319.67, compared to 5,063,630.38 in the previous period, showing a substantial decrease[79] Cash Flow and Financial Activities - Net cash flow from operating activities was -¥582,181,796.36, showing an improvement of 14.95% compared to -¥684,510,865.68 in the same period last year[11] - Cash recovered from investments surged by 167.31% to CNY 2,603,961,363.88, primarily due to the redemption of financial products[25] - The cash flow from operating activities for the current period is -582,181,796.36, an improvement from -684,510,865.68 in the previous period[84] - The cash inflow from investment activities is 2,605,060,557.22, compared to 975,877,281.42 in the previous period, indicating a strong increase[84] - The cash flow from financing activities for the current period is 551,957,305.20, down from 1,223,489,015.72 in the previous period, showing a decrease in financing[86] - The ending cash and cash equivalents balance is 2,969,253,090.93, down from 4,049,430,945.36 in the previous period, indicating a reduction in liquidity[86] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,920,771,699.38, an increase of 6.08% from ¥15,951,609,768.50 at the end of the previous year[11] - The company's total liabilities increased to ¥8,209,321,757.32 from ¥7,110,160,064.69, which is an increase of approximately 15.46%[56] - The company's current assets decreased to ¥6,390,648,692.27 from ¥6,804,217,619.95, reflecting a decline of about 6.08%[48] - The total assets decreased from ¥17,100,633,723.50 to ¥15,951,609,768.50, reflecting a reduction of ¥1,149,023,955.00[98] - The total liabilities also decreased from ¥8,259,184,019.69 to ¥7,110,160,064.69, a reduction of ¥1,149,023,955.00, indicating improved financial stability[98] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 73,870[15] - Major shareholders include Shanghai Dege Industrial Development Co., holding 25.00% of shares, and Shanghai Deyin Investment Holding Co., holding 16.10%[15] - The company repurchased a total of 19,559,900 shares, accounting for 1.28% of the total share capital, with a total transaction amount of CNY 236,039,000[30] - The company plans to use its own funds to repurchase shares for employee stock ownership plans, with a total repurchase amount not less than CNY 200 million and not exceeding CNY 300 million[26] Operational Costs and Expenses - Operating costs rose by 50.60% to CNY 5,118,029,020.16, reflecting the corresponding increase in express delivery volume[25] - Research and development expenses increased by 37.16% to CNY 35,588,933.15 due to enhanced investment in R&D efforts[25] - Financial expenses surged by 378.53% to CNY 27,457,270.00, primarily due to increased financing costs[25] - The company incurred financial expenses of 9,433,838.17, a significant increase from 1,652.27 in the previous period, highlighting rising costs[76] Compliance and Reporting - The first quarter report of the company was not audited[100] - The company adopted new leasing standards starting January 1, 2021, which resulted in necessary adjustments to the financial statements without retrospective adjustments[97] - The new leasing standards were applied starting from 2021, with retrospective adjustments for prior comparative data not applicable[99]