CGWS(SZ:002939)2021-04-28 16:00Financial Performance - Total operating revenue for Q1 2021 was ¥1,417,261,479.35, a decrease of 2.04% compared to the same period last year[4] - Net profit attributable to shareholders was ¥304,210,395.24, down 17.69% year-on-year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥284,354,796.81, a decrease of 21.78% compared to the previous year[4] - Basic earnings per share for Q1 2021 was ¥0.098, down 17.65% from ¥0.119 in the same period last year[4] - Net profit for Q1 2021 was CNY 310,975,681.97, down 16.6% from CNY 372,818,551.54 in Q1 2020[30] - Total profit for the quarter was CNY 296,028,860.79, down 32.6% from CNY 439,321,683.93 in the same period last year[32] - Net profit for the quarter was CNY 280,098,986.54, a decrease of 21.5% compared to CNY 356,890,252.11[32] Cash Flow - Net cash flow from operating activities was -¥1,222,933,261.21, a decline of 163.74% year-on-year[4] - Cash flow from operating activities showed a net outflow of CNY 1,222,933,261.21, compared to a net inflow of CNY 1,918,577,340.46 in the previous year[34] - Cash inflow from operating activities totaled CNY 8,096,137,466.22, down from CNY 9,572,990,434.63[34] - Cash outflow from operating activities increased to CNY 9,319,070,727.43 from CNY 7,654,413,094.17, reflecting a rise of 21.7%[34] - The net cash flow from financing activities was CNY 2,667,554,453.54, an increase from CNY 2,472,462,293.89 in the previous period, indicating a growth of approximately 7.9%[37] - The total cash inflow from operating activities was CNY 6,030,171,110.98, down from CNY 7,869,736,799.21 in the previous period, representing a decrease of approximately 12.3%[36] - The cash outflow from operating activities totaled CNY 7,565,837,625.44, which is an increase from CNY 6,285,287,091.32 in the previous period, indicating a rise of about 20.4%[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥80,782,781,866.56, an increase of 11.87% from the end of the previous year[4] - Total liabilities increased to CNY 61,934,539,060.08 from CNY 53,686,308,272.28, reflecting a rise of approximately 15.5%[27] - The total outstanding balance of the company's debt financing tools reached RMB 25.344 billion by the end of the reporting period[12] - The total amount of bonds payable was ¥16.97 billion, remaining stable compared to the previous quarter[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,502[7] - The largest shareholder, Huaneng Capital Services Co., Ltd., held 46.38% of the shares[7] - The total equity attributable to shareholders increased to CNY 18,390,747,458.03 from CNY 18,075,701,983.15, showing a growth of about 1.7%[27] Investments - The company's derivative financial assets increased by 150.75% to RMB 65,059,033.55 compared to the end of 2020, primarily due to changes in the fair value of revenue swap business[11] - The company reported a fair value gain of RMB 1,804,524.16 from its investment in the fund "东方金账簿货币 B" with an initial investment cost of RMB 349,980,000[21] - The company also recorded a fair value gain of RMB 2,045,269.80 from its investment in the fund "南方天天利 B" with an initial investment cost of RMB 328,022,450.41[21] Operational Updates - The company completed the relocation of four branch offices during the reporting period[13] - The company received approval for its securities investment fund custody qualification in March 2021, expanding its business scope[15] - The company has not disclosed any new product launches or technological advancements during this reporting period[43] - The first quarter report was not audited, indicating that the figures may be subject to change[43] Accounting Policies - The company implemented a new leasing accounting policy starting January 1, 2021, which will increase total assets and total liabilities without significantly impacting equity and net profit[16]