SXXC(SZ:002585)2021-04-21 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥1,281,509,317.43, representing a 31.11% increase compared to ¥977,430,356.76 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 reached ¥276,283,629.91, a significant increase of 215.20% from ¥87,653,051.92 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥274,024,320.36, up 233.57% from ¥82,148,435.01 year-on-year[8]. - Basic earnings per share for Q1 2021 were ¥0.239, reflecting a 214.47% increase compared to ¥0.076 in the same period last year[8]. - Operating revenue grew by 31.11% year-on-year, driven by market expansion in new materials and increased sales orders[18]. - Net profit increased by 215.2% year-on-year, attributed to quality improvement, value creation, and a "three-legged" marketing strategy[18]. - Total revenue for the period reached ¥1,281,509,317.43, a significant increase from ¥977,430,356.76 in the previous period, representing a growth of approximately 31%[55]. - Operating profit for the period was ¥324,888,151.26, compared to ¥105,558,120.57 in the previous period, indicating a substantial increase of about 207%[61]. - The total comprehensive income for the current period was ¥276,283,629.91, compared to ¥87,653,051.92 in the previous period, marking an increase of 214.5%[64]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,375,178,501.71, a 1.54% increase from ¥10,217,798,024.03 at the end of the previous year[8]. - Total assets amounted to ¥10,321,044,167.90, an increase from ¥10,194,197,628.18 in the previous period, showing a growth of about 1.24%[54]. - Total liabilities decreased to ¥1,888,461,226.55 from ¥1,907,378,923.62, reflecting a decline of approximately 1%[44]. - Total liabilities decreased to ¥1,840,289,886.33 from ¥1,888,590,671.27, indicating a reduction of about 2.55%[54]. - The total equity attributable to shareholders rose to CNY 8,486,717,275.16 from CNY 8,310,419,100.41, indicating an increase of approximately 2.1%[47]. Cash Flow - Cash inflow from operating activities increased by 36.18% year-on-year, primarily due to higher sales collections[18]. - The cash flow from operating activities was ¥111,476,949.48, slightly down from ¥120,655,132.55 in the previous period[75]. - Operating cash flow for the current period was ¥1,356,238,272.22, an increase from ¥984,046,387.38 in the previous period, representing a growth of approximately 37.8%[79]. - Cash inflow from sales of goods and services was ¥1,271,972,239.06, up from ¥956,591,306.75, reflecting a growth of about 33.0%[79]. - The company reported a cash outflow of ¥99,985,455.16 related to financing activities, with no cash inflow recorded in this category[82]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,083[12]. - The largest shareholder, Wu Peifu, held 26.07% of the shares, amounting to 301,388,029 shares, with 57,600,000 shares pledged[12]. Research and Development - Research and development expenses rose by 31.15% year-on-year, reflecting increased investment in R&D[18]. - Research and development expenses were ¥41,410,631.03, compared to ¥31,574,151.20 in the previous period, reflecting an increase of about 31%[58]. - The company is focusing on expanding its market presence and enhancing product development, as indicated by the increase in R&D expenses[58]. Other Financial Metrics - The weighted average return on equity was 3.27%, an increase of 2.13% from 1.14% in the previous year[8]. - The company reported non-recurring gains of ¥2,259,309.55, including government subsidies and investment management income[8]. - Management expenses increased by 65.31% year-on-year, primarily due to rising wages and employee benefits[18]. - The company received ¥82,279,940.44 in tax refunds, significantly higher than ¥24,877,680.05 in the previous period, marking an increase of approximately 230.5%[79].