BOOK DIGITAL(SH:600083)2021-04-27 16:00Financial Performance - Operating revenue for the period reached CNY 165,510,048.30, a significant increase of 51,004.83% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 613,733.54, recovering from a loss of CNY 4,438,911.30 in the previous year[5]. - The net cash flow from operating activities surged by 1,077.82% to CNY 17,335,851.08 compared to the same period last year[5]. - Basic and diluted earnings per share improved to CNY 0.0027 from a loss of CNY 0.0193 in the previous year[5]. - Total operating revenue for Q1 2021 was ¥165,510,048.30, a significant increase from ¥323,863.78 in Q1 2020[27]. - Net profit for Q1 2021 reached ¥613,733.54, a recovery from a net loss of ¥4,438,911.30 in Q1 2020[28]. - Operating profit for Q1 2021 was ¥979,926.94, contrasting with an operating loss of ¥3,323,532.01 in the same period last year[28]. - Comprehensive income for Q1 2021 totaled ¥613,733.54, recovering from a comprehensive loss of ¥4,438,911.30 in Q1 2020[29]. Assets and Liabilities - Total assets decreased by 4.06% to CNY 463,678,363.46 compared to the end of the previous year[5]. - The company’s total liabilities decreased from CNY 473.18 billion to CNY 452.93 billion, a decrease of approximately 4.3%[20]. - Current liabilities decreased from CNY 472.81 billion to CNY 452.56 billion, a reduction of about 4.3%[20]. - The company’s cash and cash equivalents decreased by 7.25% to ¥302,951,047.31 from ¥326,625,651.17, primarily due to operational expenditures[12]. - The company’s accounts payable decreased from CNY 42.31 million to CNY 26.11 million, a decline of about 38.3%[20]. - The company’s long-term equity investments decreased from CNY 85.39 million to CNY 53 million, a decline of about 37.9%[22]. - Total liabilities reached ¥473,182,243.48, with current liabilities comprising ¥472,812,978.32[42]. Shareholder Information - The total number of shareholders reached 18,364[9]. - The largest shareholder, Suzhou Shengjun Marketing Management Co., Ltd., holds 28.39% of the shares, with 65,300,094 shares pledged[9][10]. - The total equity attributable to shareholders increased from CNY 10.13 million to CNY 10.75 million, an increase of about 6.3%[21]. Cash Flow - Cash flow from operating activities for Q1 2021 was ¥17,335,851.08, a remarkable increase of 1,077.82% compared to ¥1,471,857.83 in the previous year, driven by the growth of New Shield Insurance[13]. - The total cash outflow from operating activities in Q1 2021 was ¥145,453,890.89, up from ¥5,611,309.25 in Q1 2020, reflecting a rise of approximately 2,594%[34]. - The company received ¥2,030,008.62 in other cash related to operating activities in Q1 2021, compared to ¥12,956.50 in Q1 2020, marking an increase of about 15,650%[34]. - The cash flow from sales of goods and services in Q1 2021 was ¥160,758,933.45, a substantial rise from ¥7,070,210.58 in Q1 2020, representing an increase of approximately 2,272%[34]. Management and Operational Changes - The company completed the liquidation of subsidiaries Bo Xin Zhi Tong and Guangzhou Bo Xin Intelligent Technology, optimizing resource allocation and reducing management costs[14]. - The company reported a decrease in management expenses by 16.38% to ¥2,535,652.93 from ¥3,032,392.95, mainly due to a reduction in management personnel[12]. - The company’s actual controller changed from Suzhou Sheng Jun to Suzhou Culture, following a voting rights delegation agreement[15]. Financial Management - The company reported non-recurring gains and losses totaling CNY 2,095,104.85 for the period[5]. - Financial expenses in Q1 2021 amounted to ¥3,170,118.84, a notable increase from a negative expense of -¥41,628.88 in Q1 2020[27]. - The company recorded a credit impairment loss of ¥1,394,166.22 in Q1 2021, indicating potential risks in asset quality[32]. - The company plans to focus on market expansion and new product development to drive future growth[30].