SK(688155)2021-04-29 16:00Financial Performance - Operating revenue for the first quarter reached CNY 151,070,137.99, a significant increase of 140.65% year-on-year[6] - Net profit attributable to shareholders was CNY 17,236,969.81, representing a year-on-year increase of 1,405.54%[6] - Basic and diluted earnings per share were both CNY 0.23, up from CNY 0.02 in the same period last year, marking a 1,050% increase[8] - The company reported a significant increase in other income, which rose by 496.07% to ¥2,348,296.66 from ¥393,960.06, attributed to housing subsidies received[18] - Total operating revenue for Q1 2021 reached ¥151,070,137.99, a significant increase of 140.0% compared to ¥62,776,927.48 in Q1 2020[33] - Net profit for Q1 2021 was ¥17,133,143.27, compared to a net profit of ¥279,410.75 in Q1 2020, reflecting a substantial increase[34] - Earnings per share for Q1 2021 were ¥0.23, compared to ¥0.02 in Q1 2020, indicating a significant improvement in profitability[35] - The total comprehensive income for Q1 2021 was ¥16,766,631.65, compared to ¥272,986.63 in Q1 2020, marking a significant increase[34] Assets and Liabilities - Total assets increased by 5.11% to CNY 1,459,283,737.34 compared to the end of the previous year[6] - The company's cash and cash equivalents increased by 148.17% to ¥716,751,436.12 from ¥288,815,195.84 due to idle fundraising investment maturity[16] - Total current assets reached ¥1,291,926,603.66, slightly down from ¥1,305,933,118.05, indicating a decrease of about 1.1%[25] - Total liabilities increased to ¥344,930,673.39 from ¥297,159,466.00, which is an increase of about 16.1%[27] - The total liabilities increased to ¥333,711,711.78 in Q1 2021 from ¥284,914,477.67 in Q1 2020, representing an increase of approximately 17.1%[31] - Total liabilities rose from RMB 297,159,466.00 to RMB 313,119,954.49, an increase of RMB 15,960,488.49[45] Cash Flow - The net cash flow from operating activities improved to -CNY 3,863,068.52, compared to -CNY 21,811,704.45 in the previous year[6] - The company reported a net cash inflow from investment activities of CNY 419,063,461.11, a significant recovery from negative CNY 6,268,878.84 in the previous year[39] - Cash inflow from operating activities was CNY 155,321,694.08 in Q1 2021, compared to CNY 98,947,517.66 in Q1 2020, reflecting a year-over-year increase of about 57%[38] - The company recorded a cash inflow of CNY 503,000,000.00 from investment recoveries in Q1 2021, with no such inflow reported in Q1 2020[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 3,188[12] - The top shareholder, Wang Yinglin, holds 25.62% of the shares, totaling 19,374,117 shares[12] Research and Development - Research and development expenses as a percentage of operating revenue decreased by 15.44 percentage points to 10.11%[8] - Research and development expenses for Q1 2021 were ¥15,273,067.80, slightly down from ¥16,036,603.98 in Q1 2020, indicating a focus on cost management[33] Other Financial Metrics - The weighted average return on equity rose by 1.30 percentage points to 1.58%[6] - The company experienced a credit impairment loss of ¥3,073,568.06 in Q1 2021, compared to a loss of ¥-1,376,237.20 in Q1 2020, indicating a change in credit risk management[34] - The company’s investment income reached ¥3,392,151.23, attributed to returns from idle funds invested in bank financial products[18]