BTH(SH:600640)2021-04-29 16:00Financial Performance - Operating revenue increased by 77.72% to CNY 963,416,311.21 year-on-year[18] - Net profit attributable to shareholders was CNY -15,364,234.03, showing an improvement from CNY -56,295,310.15 in the previous year[18] - The basic earnings per share was CNY -0.0193, an improvement from CNY -0.0707 in the previous year[18] - The net profit attributable to the parent company for Q1 2021 was -RMB 0.15 billion, with a non-recurring net profit of RMB 1.44 million, reflecting ongoing business expansion and recovery in the travel and hotel sectors[33] - Operating profit for Q1 2021 was reported at -¥16,236,899.74, an improvement from -¥59,009,700.68 in Q1 2020[52] - The company reported a net investment income of ¥3,283,127.45, compared to a loss of -¥260,771.79 in the previous year[52] - The net loss for Q1 2021 was ¥45.92 million, worsening from a net loss of ¥19.63 million in Q1 2020, reflecting an increase in losses of about 134%[61] - The total comprehensive loss for Q1 2021 was ¥45.92 million, compared to a loss of ¥19.63 million in Q1 2020, indicating a deterioration of approximately 134%[61] Cash Flow - Net cash flow from operating activities was negative at CNY -35,507,375.83, a decrease of 161.94% compared to the same period last year[18] - The company’s cash flow from operating activities was -RMB 0.36 billion, a decrease of RMB 0.93 billion (-161.94%) compared to the previous year[33] - Cash inflow from operating activities in Q1 2021 was ¥1.79 billion, up from ¥1.14 billion in Q1 2020, marking an increase of about 57%[62] - The net cash flow from operating activities was -32,875,298.39 RMB, compared to -29,591,235.34 RMB in the same quarter last year, indicating a decline in operational performance[66] - The total cash and cash equivalents at the end of the period amounted to 1,114,905,624.93 RMB, a decrease from 1,311,141,148.17 RMB at the beginning of the period[66] - The company reported a total cash outflow of 36,844,578.27 RMB from operating activities, which is slightly higher than the previous year's outflow of 35,361,407.89 RMB[66] Assets and Liabilities - Total assets decreased by 4.31% to CNY 6,329,818,282.21 compared to the end of the previous year[18] - Total current assets decreased from ¥3,783,959,199.60 in December 2020 to ¥3,577,071,395.73 in March 2021, a decline of approximately 5.5%[37] - Total non-current assets decreased from ¥2,830,907,266.67 in December 2020 to ¥2,752,746,886.48 in March 2021, a decrease of about 2.8%[40] - Total liabilities decreased from ¥1,622,998,054.76 in December 2020 to ¥1,352,944,944.88 in March 2021, a decline of approximately 16.6%[42] - Total equity attributable to shareholders decreased from ¥4,507,220,041.41 in December 2020 to ¥4,491,855,807.38 in March 2021, a slight decrease of about 0.3%[42] Shareholder Information - The number of shareholders at the end of the reporting period was 34,172[24] - The largest shareholder, China Telecom Group Co., Ltd., holds 51.16% of the shares[24] Expenses - Operating costs for Q1 2021 were RMB 8.46 billion, up RMB 3.31 billion (64.11%) year-on-year[30] - The marketing expenses for Q1 2021 increased by RMB 0.05 billion (42.84%) due to heightened promotional activities following the pandemic[33] - Research and development expenses for Q1 2021 amounted to ¥17,746,299.66, slightly down from ¥18,849,260.01 in Q1 2020[52] - The company’s management expenses rose to ¥23.50 million in Q1 2021, compared to ¥14.33 million in Q1 2020, reflecting an increase of approximately 64%[59] User Metrics - The number of registered users for Tianyi Ultra HD reached 48.51 million, with 2.99 million monthly active users[29] - The number of registered users for Tianyi Cloud VR reached 23.18 million, with 2.18 million monthly active users[29]