SSI(SZ:002742)2021-04-27 16:00Financial Performance - Revenue for Q1 2021 was CNY 556,440,760.58, an increase of 18.69% compared to CNY 468,819,354.78 in the same period last year[7] - Net profit attributable to shareholders was CNY 25,432,495.73, up 25.10% from CNY 20,330,267.92 year-on-year[7] - Net profit excluding non-recurring items reached CNY 24,957,499.98, representing a significant increase of 51.71% from CNY 16,450,798.42 in the previous year[7] - Basic earnings per share increased to CNY 0.0589, a rise of 25.05% compared to CNY 0.0471 in the same quarter last year[7] - Net profit for Q1 2021 reached CNY 32,202,374.09, compared to CNY 21,286,325.14 in the same period last year, representing a growth of approximately 51.5%[39] - The total comprehensive income attributable to the parent company is CNY 14,703,286.67, compared to CNY -12,139,780.98 in the previous period[43] Assets and Liabilities - Total assets decreased by 7.09% to CNY 4,531,703,975.40 from CNY 4,877,608,615.06 at the end of the previous year[7] - The company's total assets as of March 31, 2021, were CNY 3,819,838,021.29, down from CNY 3,980,672,373.01 at the end of 2020[34] - Total current liabilities decreased to CNY 2,460,642,735.47 from CNY 2,808,795,928.53, a decline of about 12.4%[30] - The company's total liabilities decreased to CNY 2,758,318,624.31 from CNY 3,121,460,928.61, reflecting a reduction of approximately 11.6%[30] - The total equity attributable to shareholders of the parent company was CNY 1,223,982,055.50, down from CNY 1,242,441,477.55 at the end of 2020[35] Cash Flow - Net cash flow from operating activities dropped significantly by 80.05% to CNY 19,705,673.55 from CNY 98,797,339.81 in the previous year[7] - The net cash flow from operating activities is CNY 19,705,673.55, down from CNY 98,797,339.81 in the previous period[47] - Operating cash flow net amount for the current period is ¥27,237,508.11, a decrease of 61.8% compared to ¥71,338,427.53 in the previous period[49] - Total cash inflow from operating activities is ¥648,001,055.42, up 22.5% from ¥528,823,337.77 in the previous period[49] - Cash outflow from operating activities totaled ¥620,763,547.31, an increase of 35.7% compared to ¥457,484,910.24 in the previous period[49] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,406[10] - The largest shareholder, Pan Xianwen, holds 39.50% of the shares, amounting to 170,641,110 shares, with a significant portion pledged[10] - The company did not engage in any share repurchase transactions during the reporting period[11] Research and Development - The company reported a significant increase in research and development expenses to CNY 6,875,272.23 from CNY 4,814,575.42 in the previous period[38] - The company incurred research and development expenses of CNY 4,927,822.92, an increase from CNY 3,137,522.19 in the previous period[42] Compliance and Internal Control - The proportion of non-operating fund occupation at the end of the reporting period was 5.20% of the latest audited net assets[23] - The company plans to strengthen internal control systems and improve fund management processes to prevent non-operating fund occupation[23] - The company aims to enhance the training of key personnel to improve compliance awareness and prevent fund occupation behaviors[23] - The company reported no violations regarding external guarantees during the reporting period[20] - The company has not conducted any research, communication, or interview activities during the reporting period[24] Cash and Cash Equivalents - The company reported a 41.50% decrease in cash and cash equivalents, totaling CNY 202,209,873.70, primarily due to seasonal payments during the Spring Festival[14] - Cash and cash equivalents decreased to CNY 156,147,756.25 from CNY 292,579,908.28 at the end of 2020[32] - The total cash and cash equivalents at the end of the period is CNY 49,651,067.32, down from CNY 81,273,684.02 at the end of the previous period[48] - The ending balance of cash and cash equivalents is ¥14,721,551.72, down 43.2% from ¥25,991,705.66 in the previous period[51]