SYEP(SZ:300867)2021-04-26 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥265,469,787.18, representing a 23.20% increase compared to ¥215,472,815.18 in the same period last year[8]. - The net profit attributable to shareholders for Q1 2021 was ¥122,670,292.08, a significant increase of 126.23% from ¥54,223,251.41 in the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥69,214,666.42, up 27.56% from ¥54,259,820.07 year-on-year[8]. - The basic earnings per share for Q1 2021 was ¥0.4514, an increase of 69.64% compared to ¥0.2661 in the same period last year[8]. - The total profit for the period was 153.95 million RMB, a 136.52% increase compared to the previous year[20]. - The company reported a total profit of ¥153,950,396.58, up from ¥65,089,976.96, which is an increase of approximately 136.3%[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,172,138,071.12, reflecting a 3.44% increase from ¥6,933,723,754.08 at the end of the previous year[8]. - The net assets attributable to shareholders at the end of the reporting period were ¥2,849,644,583.24, which is a 4.50% increase from ¥2,726,974,291.16 at the end of the previous year[8]. - Total liabilities rose to CNY 4,322,346,185.31 from CNY 4,206,759,609.73, marking an increase of about 2.75%[37]. - The company's equity attributable to shareholders increased to CNY 2,849,644,583.24 from CNY 2,726,974,291.16, a growth of approximately 4.49%[38]. Cash Flow - The net cash flow from operating activities was ¥29,213,442.38, a decrease of 58.40% compared to ¥70,227,060.79 in the same period last year[8]. - The cash inflow from operating activities totaled CNY 229,034,761.46, an increase from CNY 217,143,527.27 in the previous period[52]. - The cash inflow from investment activities was CNY 599,648,721.25, while cash outflow was CNY 949,125,513.49, resulting in a net cash flow of -CNY 349,476,792.24[53]. - The ending cash and cash equivalents balance was CNY 118,582,749.27, compared to CNY 66,370,693.48 in the previous period, showing an increase of approximately 78.8%[54]. - The company experienced a net decrease in cash and cash equivalents of CNY 57,252,275.62 during the period[57]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,227[12]. - The top shareholder, Zhu Hengbing, holds 25.00% of the shares, totaling 67,943,152 shares[12]. Investment Activities - The company plans to optimize its investment structure by participating in the Zhongyuan Qianhai Equity Investment Fund with a total investment of 300 million RMB[24]. - The investment progress for the Qiyang City waste incineration power generation project is 66.76%, with an investment of 28,525.91 million RMB out of a total commitment of 31,000 million RMB[27]. - The investment progress for the Juancheng County waste incineration power generation project is 82.79%, with an investment of 30,559 million RMB out of a total commitment of 36,000 million RMB[27]. - The company has approved the use of up to 2 billion RMB of temporarily idle raised funds for cash management, with 16,100 million RMB of financial products purchased remaining unexpired[29]. Operational Highlights - The company has successfully launched new projects in Qingyang and Juancheng, contributing to revenue growth[21]. - Management expenses increased by 50.98% to 16.51 million RMB due to the expansion of projects and workforce[20]. - The company reported a significant increase in investment income, rising by 88.00% to 15.10 million RMB, primarily from investments in joint ventures[20]. Compliance and Governance - The company has not engaged in any non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[31]. - There were no violations of external guarantees during the reporting period[30]. - The first quarter report for 2021 was not audited[65].