FLDT(SH:600228)2021-04-29 16:00Financial Performance - Operating revenue for the period was CNY 94,967,027.28, an increase of 18.52% year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY 16,713,974.28, a decrease of 2.41% compared to the same period last year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 16,134,006.13, down 5.47% year-on-year[6] - Basic and diluted earnings per share were CNY 0.0239, a decrease of 6.64% compared to the previous year[6] - Total operating revenue for Q1 2021 was ¥94,967,027.28, an increase of 18.5% compared to ¥80,128,964.99 in Q1 2020[30] - Net profit for Q1 2021 was ¥16,713,974.28, a decrease of 2.4% from ¥17,126,282.94 in Q1 2020[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,058,666,684.04, a decrease of 2.30% compared to the end of the previous year[6] - Total current assets as of March 31, 2021, amounted to ¥1,044,999,352.27, a decrease from ¥1,075,049,733.42 as of December 31, 2020, representing a decline of approximately 2.4%[22] - Total non-current assets increased to ¥13,667,331.77 from ¥8,556,597.54, reflecting a growth of approximately 60%[23] - Total liabilities increased to ¥742,782,140.83 from ¥266,334,531.46, representing a growth of about 178%[24] - Total current liabilities surged to ¥727,778,336.95 from ¥256,813,045.61, marking an increase of approximately 184%[24] Shareholder Information - Net assets attributable to shareholders of the listed company decreased by 61.35% to CNY 315,884,543.21 compared to the end of the previous year[6] - The total number of shareholders reached 12,914[14] - The largest shareholder, Shanghai Xiangrui Enterprise Management Consulting, holds 198,006,528 shares, representing 24.05% of total shares[14] Cash Flow - The net cash flow from operating activities was CNY 7,260,525.23, compared to a negative cash flow of CNY 8,121,928.82 in the same period last year[6] - Cash received from sales of goods and services in Q1 2021 was ¥121,747,963.23, compared to ¥118,129,513.66 in Q1 2020[35] - Total cash inflow from operating activities was ¥145,075,348.81, while cash outflow was ¥137,814,823.58, resulting in a net increase of ¥7,260,525.23[36] - The company experienced a cash flow net decrease of ¥1,453,787.47 in Q1 2021, an improvement from a decrease of ¥4,278,661.98 in Q1 2020[39] Restructuring and Changes - The company completed a significant asset restructuring and share issuance in March 2021, which impacted the financial reporting structure[6] - The company completed a major asset restructuring on March 12, 2021, which included the acquisition of new assets and a change in the controlling shareholder[18] - The registered capital increased by 41.47% to 823,267,005 RMB following the restructuring[16] - The company’s main business category has changed to "Information Transmission, Software and Information Technology Services" after the restructuring[18] - The company’s actual controller has changed to Mr. Ge Yongchang following the restructuring[18] Operating Costs and Expenses - Operating costs increased by 136.19% to 26,432,772.07 RMB, primarily due to new project investments in social and short video ecosystems[16] - Research and development expenses for Q1 2021 were ¥12,795,293.92, a decrease of 23.7% from ¥16,775,720.13 in Q1 2020[30] - Tax expenses for Q1 2021 were ¥1,985,418.96, down from ¥2,312,390.68 in Q1 2020[32] - Financial expenses for Q1 2021 showed a net income of -¥4,830,522.73, improving from -¥9,747,543.67 in Q1 2020[30] Other Financial Indicators - The weighted average return on net assets increased by 0.22 percentage points to 1.95%[6] - Significant changes in financial indicators include a 30.91% decrease in prepaid accounts and a 53.81% increase in accounts payable due to major asset restructuring[16] - The company reported a credit impairment loss of ¥201,961.72 in Q1 2021, compared to a loss of -¥473,330.42 in Q1 2020[30]