DHCT(SH:600844)2021-04-29 16:00Financial Performance - Operating revenue increased by 22.68% to CNY 267,594,569.19 compared to the same period last year[7] - Net profit attributable to shareholders was a loss of CNY 23,439,364.52, improving from a loss of CNY 58,611,040.57 in the previous year[7] - The basic earnings per share were -CNY 0.0231, an improvement from -CNY 0.0577 in the previous year[7] - The net loss for Q1 2021 was CNY 30,349,297.77, an improvement from a net loss of CNY 75,115,677.28 in Q1 2020[31] - The total comprehensive income for Q1 2021 was -30,349,297.77 CNY, compared to -75,115,677.28 CNY in Q1 2020, indicating a reduction in losses by about 60%[32] - The net profit attributable to the parent company for Q1 2021 was -23,439,364.52 CNY, compared to -58,611,040.57 CNY in Q1 2020, showing an improvement of approximately 60%[32] Cash Flow - Net cash flow from operating activities decreased by 97.75% to CNY 1,734,620.34 compared to the previous year[7] - Operating cash inflow for Q1 2021 was 303,741,952.40 CNY, up from 278,446,064.23 CNY in Q1 2020, reflecting a growth of approximately 9%[37] - The net cash flow from operating activities for Q1 2021 was 1,734,620.34 CNY, a significant decrease from 77,172,711.15 CNY in Q1 2020[37] - The net cash flow from investing activities for Q1 2021 was -20,656,714.43 CNY, compared to 5,260,188.00 CNY in Q1 2020, indicating a significant shift towards cash outflow[38] Assets and Liabilities - Total assets decreased by 4.98% to CNY 2,465,452,936.02 compared to the end of the previous year[7] - Total liabilities as of March 31, 2021, were CNY 290,648,348.86, an increase from CNY 250,866,293.93 at the end of 2020[29] - The company's total equity as of March 31, 2021, was CNY 2,557,939,093.98, slightly down from CNY 2,558,707,116.13 at the end of 2020[29] - Total assets amounted to 2,594,547,319.00 for the reporting period[46] - Total liabilities were recorded at 809,428,488.63, with current liabilities at 773,399,029.15[45] Shareholder Information - The number of shareholders reached 68,523 at the end of the reporting period[11] - Jiangsu Danhua Group Co., Ltd. held 17.71% of shares, with 44,000,000 shares pledged[11] - The company is in the process of transferring 15% of its shares from controlling shareholder Jiangsu Danhua Group to Shanghai Beiwaitan Group, pending further agreements and approvals[20] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 898,792.66 during the reporting period[9] - The company reported a total of CNY 3,040,914.90 in non-recurring gains and losses[9] Financial Ratios and Metrics - The weighted average return on equity increased by 1.4275 percentage points to -1.7830% compared to the previous year[7] - Financial expenses decreased by 83.21% to ¥1,024,174.36, mainly due to reduced loans from the head office and subsidiary Tongliao Jinmei[17] Other Financial Metrics - Research and development expenses for Q1 2021 were CNY 10,932,242.28, compared to CNY 10,033,333.77 in Q1 2020, indicating a year-over-year increase of 8.9%[31] - Trading financial assets increased to ¥5,065,000.68, a 100% increase due to the increase in wealth management products from subsidiary Jiangsu Jinju Bank[15] - Accounts receivable decreased by 45.49% to ¥53,284,187.96, primarily due to reductions from subsidiaries Tongliao Jinmei and Jiangsu Jinju[15]