SXBN(SH:600831)2021-04-29 16:00Financial Performance - Operating revenue for the first quarter reached CNY 589,846,304.35, representing a 3.69% increase year-on-year[6] - Net profit attributable to shareholders was CNY 17,411,903.44, a significant recovery from a loss of CNY 28,402,070.82 in the same period last year[6] - The weighted average return on equity improved by 1.24 percentage points to 0.46%[6] - Basic earnings per share increased to CNY 0.025 from a loss of CNY 0.040 in the previous year[6] - Operating profit for Q1 2021 was ¥16,863,302.77, a significant recovery from a loss of ¥31,865,198.02 in Q1 2020[30] - Net profit for Q1 2021 reached ¥15,824,693.04, compared to a net loss of ¥29,921,930.09 in the same period last year[30] - The total comprehensive income for Q1 2021 was ¥10.56 million, compared to a loss of ¥33.26 million in Q1 2020[34] Cash Flow - The net cash flow from operating activities turned positive at CNY 7,119,872.59, compared to a negative cash flow of CNY 21,452,960.76 in the previous year[6] - The cash flow from operating activities generated a net cash inflow of ¥7.12 million, recovering from a net outflow of ¥21.45 million in the same period last year[37] - The cash flow from investing activities resulted in a net outflow of ¥324.97 million, worsening from a net outflow of ¥58.02 million in Q1 2020[37] - The cash flow from financing activities generated a net inflow of ¥302.27 million, down from ¥402.04 million in Q1 2020[37] Assets and Liabilities - Total assets increased by 2.66% to CNY 9,082,192,162.17 compared to the end of the previous year[6] - Total liabilities increased to 5,271,035,653.33 RMB from 5,051,191,661.11 RMB at the end of 2020[25] - The company's total assets reached 9,082,192,162.17 RMB, compared to 8,846,522,657.83 RMB at the end of 2020[25] - Total current assets increased to ¥2,507,368,912.55, up from ¥2,325,948,954.27 year-over-year[28] - Long-term borrowings increased to ¥1,639,214,996.93, compared to ¥1,598,758,119.44 in the previous year[28] Shareholder Information - The total number of shareholders reached 71,267 by the end of the reporting period[10] - The largest shareholder, Shaanxi Broadcasting Media Group Co., Ltd., holds 29.22% of the shares[10] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 3,150,319.09, which are closely related to its normal business operations[7] - The company reported a significant increase in other income, which rose by 771.03% to 1.67 million RMB, attributed to government subsidies[11] Capital and Investments - The company completed a capital increase, raising registered capital from 708.85 million RMB to 710.48 million RMB[14] - The company raised a total of 58,322.22 million RMB for the "Qinling Cloud" integrated business system construction project, with a remaining balance of 22,456.58 million RMB as of the reporting period[17] - As of April 2, 2021, the company has fully repaid 300 million RMB of previously raised funds used for working capital back to the designated account[17] Operational Efficiency - The company plans to continue focusing on high-quality development and management reform to enhance business efficiency and structure[13] - The company has not disclosed any new product developments or market expansion strategies in this report[8]