SCPH(SZ:200488)2021-04-19 16:00Financial Performance - The company's operating revenue for Q1 2021 was CNY 10,205,724,007.89, representing a 67.71% increase compared to CNY 6,085,376,805.28 in the same period last year[7] - Net profit attributable to shareholders was CNY 1,179,076,577.84, a significant increase of 481.42% from CNY 202,790,856.25 year-on-year[7] - The net profit after deducting non-recurring gains and losses reached CNY 1,165,076,739.34, up 709.12% from CNY 143,993,251.71 in the previous year[7] - Basic earnings per share were CNY 0.365, reflecting a remarkable increase of 1821.05% from CNY 0.019[7] - The company reported a significant increase in net cash flow from operating activities, which rose by 416.62% to CNY 3.39 billion compared to CNY 655.58 million in the same period last year[25] - The company reported a total comprehensive income of ¥1,211,008,249.50 for Q1 2021, compared to ¥100,888,790.00 in the same period last year[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 90,924,591,156.25, a slight decrease of 0.71% from CNY 91,575,457,828.62 at the end of the previous year[7] - The company's total liabilities were CNY 65.51 billion, down from CNY 65.78 billion at the end of 2020, indicating a reduction in overall debt levels[41] - The company's equity attributable to shareholders was CNY 22.93 billion, down from CNY 24.28 billion, indicating a decrease of about 5.52%[42] Cash Flow - The net cash flow from operating activities increased significantly to ¥3,386,890,222.27 from ¥655,581,522.20, representing a growth of approximately 416%[50] - Total cash inflow from operating activities reached ¥11,327,432,476.01, up from ¥6,738,675,899.88, indicating a year-over-year increase of about 68%[50] - The company reported a net cash flow from investment activities of -¥187,483,014.24, a decline from ¥330,801,082.22 in the previous period[50] - Cash inflow from financing activities totaled ¥11,425,304,739.57, compared to ¥9,087,475,858.20, marking an increase of approximately 25%[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 136,238, with the top 10 shareholders holding a combined 45.32% of the shares[12] - The company redeemed all 22.5 million shares of its first phase preferred stock, totaling CNY 2.35 billion, on March 17, 2021[27] - The company's minority interests rose by 63.48% to CNY 2.49 billion, primarily due to capital increases from investors in its subsidiary[20] Research and Development - Research and development expenses increased by 44.09% to CNY 365.49 million from CNY 253.65 million year-on-year[22] - Research and development expenses for Q1 2021 were ¥365,485,850.44, an increase of 44.2% from ¥253,652,714.07 in Q1 2020[46] Operational Insights - The company plans to continue focusing on market expansion and product innovation to sustain growth in the upcoming quarters[46] - The company's total operating costs for Q1 2021 were ¥8,699,358,923.27, up from ¥5,834,610,012.18 in Q1 2020, indicating increased operational expenses[46] Other Financial Metrics - The weighted average return on equity rose to 5.51%, an increase of 5.19 percentage points from 0.32% in the previous year[7] - The total amount of receivables financing increased by 119.41% to CNY 1.07 billion from CNY 488.39 million at the beginning of the year[24] - Contract liabilities increased by 21.67% to CNY 1.28 billion, reflecting an increase in customer prepayments[24] - The fair value of trading financial assets decreased by 30.87% to CNY 133.35 million from CNY 192.91 million at the beginning of the year[24]