BOCO(SH:600289)2021-04-29 16:00Financial Performance - Operating revenue increased by 34.48% to CNY 57,796,327.98 compared to the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 56,465,620.60, an improvement from a loss of CNY 90,723,511.25 in the same period last year[6] - Basic and diluted earnings per share were both CNY -0.0895, compared to CNY -0.14 in the same period last year[6] - Total operating revenue for Q1 2021 was ¥57,796,327.98, an increase of 34.4% compared to ¥42,976,438.68 in Q1 2020[24] - Net loss for Q1 2021 was ¥56,473,495.22, compared to a net loss of ¥90,941,878.48 in Q1 2020, showing an improvement of 37.8%[25] - Operating profit for Q1 2021 was reported at -¥58,711,936.68, an improvement from -¥92,178,341.24 in Q1 2020[24] - The company reported a total comprehensive loss of ¥56,380,297.71 for Q1 2021, compared to a total comprehensive loss of ¥90,941,878.48 in Q1 2020[25] Assets and Liabilities - Total assets decreased by 9.68% to CNY 2,329,728,915.86 compared to the end of the previous year[6] - Current assets totaled ¥1,872,894,385.71, down from ¥2,115,864,149.37, indicating a decrease of about 11.49%[15] - Total liabilities were ¥841,886,676.64, down from ¥1,035,253,571.14, reflecting a decrease of about 18.67%[17] - Current liabilities totaled ¥841,432,871.64, a decrease from ¥1,034,799,766.14, indicating a decline of approximately 18.66%[16] - Total liabilities as of March 31, 2021, were ¥1,135,555,575.49, down from ¥1,273,319,201.78 as of December 31, 2020[24] - Total current assets as of January 1, 2021, amounted to 2,115,864,149.37, reflecting a stable asset position[37] - The total liabilities as of January 1, 2021, were 1,035,253,571.14, indicating a consistent liability structure[38] Shareholder Information - The total number of shareholders was 26,422 at the end of the reporting period[10] - The largest shareholder, Yiyang Group Co., Ltd., held 32.89% of shares, with 207,573,483 shares, of which 64,459,419 shares were frozen[10] - The company's equity attributable to shareholders was ¥1,492,635,630.35, down from ¥1,549,008,053.44, reflecting a decrease of approximately 3.63%[17] Cash Flow - Net cash flow from operating activities was a negative CNY 154,448,843.75, compared to a negative CNY 91,796,264.60 in the same period last year[6] - Cash inflow from operating activities in Q1 2021 totaled ¥135,047,569.74, up from ¥76,891,438.86 in Q1 2020[30] - Cash outflow from operating activities in Q1 2021 was ¥289,496,413.49, compared to ¥168,687,703.46 in Q1 2020[31] - Net cash flow from operating activities for Q1 2021 was -¥154,448,843.75, worsening from -¥91,796,264.60 in Q1 2020[31] Expenses - Total operating costs decreased to ¥116,760,659.88 in Q1 2021 from ¥136,299,997.27 in Q1 2020, representing a reduction of 14.3%[24] - Research and development expenses decreased significantly to ¥29,672,413.42 in Q1 2021 from ¥58,202,267.86 in Q1 2020, a reduction of 49.1%[24] - Sales expenses increased to ¥8,578,985.29 in Q1 2021, up from ¥3,438,090.07 in Q1 2020[27] Other Financial Indicators - Non-recurring gains and losses totaled CNY 2,056,630.72 for the reporting period[9] - The company has not disclosed any significant changes in accounting items or financial indicators during the reporting period[12] - The company has implemented new leasing standards starting from 2021, which may impact future financial reporting[35] - The company did not provide specific future guidance or performance outlook in the current report[43]