Sunasia(SH:600593)2021-04-29 16:00Financial Performance - Operating revenue for the current period was CNY 29,183,111.86, representing a significant increase of 121.04% year-on-year[5]. - Net profit attributable to shareholders of the listed company was a loss of CNY 22,960,682.49, an improvement of 23.57% compared to the previous year's loss[5]. - The net cash flow from operating activities improved to a loss of CNY 5,380,098.89, a 72.81% increase compared to the previous year[5]. - Basic and diluted earnings per share were both CNY -0.1648, showing a 10.82% improvement from the previous year[5]. - The company reported non-recurring gains of CNY 1,736,383.65 for the current period[8]. - The net loss for Q1 2021 was CNY 23,105,540.55, an improvement from a net loss of CNY 24,919,693.85 in Q1 2020, reflecting a reduction of 7.3%[24]. - The gross profit margin for Q1 2021 was approximately -78.9%, compared to -88.5% in Q1 2020, indicating a slight improvement in profitability[22]. - The total comprehensive income for the period was reported at CNY -16,009,127.92, compared to CNY -15,524,405.58 in the previous year[30]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,110,577,803.75, a 0.52% increase compared to the end of the previous year[5]. - Current assets totaled ¥173,382,261.23, down from ¥183,492,722.86, indicating a decrease of about 5.6%[14]. - Total liabilities reached ¥1,532,013,969.73, up from ¥1,498,031,396.26, reflecting an increase of about 2.3%[16]. - Current liabilities totaled ¥745,326,785.03, slightly up from ¥735,851,675.08, indicating an increase of approximately 1.6%[15]. - The company's equity attributable to shareholders decreased to ¥449,258,989.97 from ¥470,483,288.81, a decline of approximately 4.5%[16]. - The total amount of other current liabilities was CNY 450,315,267.27, highlighting potential obligations[37]. - The company reported a long-term borrowing of CNY 452,537,639.79, indicating reliance on debt financing for growth[37]. Shareholder Information - The number of shareholders at the end of the reporting period was 10,136, with the top ten shareholders holding a significant portion of shares[9]. - The largest shareholder, Dalian Xinghaiwan Financial Business District Investment Management Co., Ltd., held 30,945,600 shares, accounting for 24.03% of total shares[9]. Operational Costs and Expenses - Total operating costs for Q1 2021 amounted to CNY 54,020,132.42, up 27.4% from CNY 42,426,416.33 in the same period last year[22]. - Management expenses increased by 32.09% to RMB 14,730,725.95 from RMB 11,151,925.27, attributed to the operational costs of Harbin Shengya Tourism Development Co., Ltd.[11]. - Financial expenses rose by 55.40% to RMB 8,438,529.29 from RMB 5,430,073.50, mainly due to interest expenses incurred by the subsidiary Dabaijing Coast City Tourism Development Co., Ltd.[11]. Cash Flow and Financing Activities - In Q1 2021, the company reported cash inflows from operating activities of CNY 38,788,206.77, a significant increase from CNY 17,617,967.15 in Q1 2020, representing a growth of approximately 120%[30]. - The company generated CNY 163,190,000.00 in cash from financing activities, up from CNY 141,191,429.44 in Q1 2020, indicating a growth of about 15.5%[33]. - The company incurred cash outflows from investing activities totaling CNY 6,714,082.83, a decrease from CNY 49,710,081.68 in Q1 2020, reflecting a reduction of approximately 86.5%[31]. Future Outlook and Strategic Initiatives - The company anticipates potential significant changes in net profit compared to the same period last year, indicating a cautious outlook for future performance[12]. - The company aims to enhance its market presence and explore new product development strategies in the upcoming quarters[22]. - The company is committed to enhancing its operational efficiency and exploring new market opportunities as part of its strategic initiatives moving forward[30].