TANDE(SH:600665)2021-04-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 192.44% to a loss of CNY 34,709,101.45 compared to the same period last year[7]. - Operating revenue decreased by 30.47% to CNY 341,676,781.21 compared to the same period last year[13]. - The net profit for Q1 2021 was -35,581,155.44 RMB, a decrease of 199.78% compared to the same period last year[14]. - The net profit attributable to the parent company for Q1 2021 was a loss of ¥34,709,101.45, compared to a profit of ¥37,546,528.62 in Q1 2020, indicating a decline of 192.3%[30]. - The total comprehensive income for Q1 2021 was a loss of ¥35,581,155.44, contrasting with a total comprehensive income of ¥35,660,673.31 in Q1 2020[30]. Assets and Liabilities - Total assets increased by 2.21% to CNY 34,704,612,215.63 compared to the end of the previous year[7]. - The total assets as of March 31, 2021, amounted to 34,704,612,215.63 RMB, an increase from 33,955,338,363.80 RMB at the end of 2020[23]. - The total liabilities increased from 19,461,991,536.65 RMB to 22,168,769,993.13 RMB during the same period[23]. - Total liabilities as of March 31, 2021, were ¥9,681,316,709.31, compared to ¥8,453,678,235.38 at the end of 2020, reflecting an increase of 14.5%[27]. - The company reported a significant increase in contract liabilities from 10,437,702,523.87 RMB to 12,059,452,946.92 RMB[23]. Cash Flow - Net cash flow from operating activities improved to CNY 256,762,542.18, a significant recovery from a negative CNY 720,838,916.53 in the previous year[7]. - The net cash flow from operating activities for Q1 2021 was ¥256,762,542.18, a recovery from a negative cash flow of -¥720,838,916.53 in Q1 2020[34]. - The total cash inflow from operating activities was 11,059,102.42 RMB in Q1 2021, down from 24,750,478.13 RMB in Q1 2020, a decline of approximately 55%[38]. - The company incurred a net cash outflow from financing activities of -36,857,588.76 RMB in Q1 2021, contrasting with a net inflow of 7,022,455.84 RMB in Q1 2020[38]. Shareholder Information - The number of shareholders reached 34,883 at the end of the reporting period[9]. - The largest shareholder, Xi'an High-tech Zone Real Estate Development Co., Ltd., holds 57.52% of the shares and has pledged 145,000,000 shares[9]. Expenses - Sales expenses increased by 77.09% to CNY 37,372,200.06 due to higher advertising and promotion costs[13]. - Financial expenses rose significantly to CNY 18,083,617.69 from a negative CNY 750,906.13 in the previous year[13]. - The company's operating costs for Q1 2021 were ¥7,118,290.61, up from ¥1,104,153.95 in Q1 2020, reflecting an increase of approximately 544.5%[32]. Other Income and Expenses - Other income increased by 118.11% to CNY 696,603.86, primarily due to higher tax refund amounts[13]. - The company reported interest income of ¥3,234,886.49 in Q1 2021, an increase from ¥1,431,785.84 in Q1 2020, marking a growth of approximately 126.5%[33]. - The company recorded a tax expense of -¥2,266,498.62 for Q1 2021, compared to -¥2,822,116.04 in Q1 2020, showing a decrease of approximately 19.6%[33].