BURTC(600861)2021-04-29 16:00Financial Performance - Operating revenue for the period was CNY 193,921,179.22, representing an increase of 8.82% year-on-year[11]. - Net profit attributable to shareholders was a loss of CNY 6,748,858.83, an improvement of 89.36% compared to the previous year's loss[11]. - The total profit for the period was RMB -6,961,733.91, an increase of 89.45% compared to the same period last year, attributed to the gradual recovery of business operations following the effective control of the COVID-19 pandemic[26]. - The net profit for the period was RMB -7,622,658.09, an increase of 88.53% compared to the same period last year, reflecting the recovery of business operations[29]. - Total operating revenue for Q1 2021 was ¥193,921,179.22, an increase of 8.4% compared to ¥178,210,962.27 in Q1 2020[48]. - Net profit for Q1 2021 was -¥7,622,658.09, compared to -¥66,468,185.56 in the same period last year, indicating a substantial reduction in losses[51]. - The company reported a basic and diluted earnings per share of -¥0.0213 for Q1 2021, an improvement from -¥0.2002 in Q1 2020[51]. - The total comprehensive income for Q1 2021 was approximately ¥3.44 million, compared to a total comprehensive loss of ¥27.83 million in Q1 2020[57]. Cash Flow - Net cash flow from operating activities was CNY 36,935,734.69, a significant increase of 221.82% compared to the previous year[11]. - The net cash flow from operating activities for Q1 2021 was ¥30,341,880.39, a significant improvement compared to a net outflow of ¥25,033,414.74 in Q1 2020[62]. - Cash flow from operating activities for Q1 2021 was approximately ¥36.94 million, a turnaround from a negative cash flow of ¥30.32 million in Q1 2020[60]. - Total cash inflow from operating activities was ¥202,891,393.16, down 26.4% from ¥275,629,560.18 in the same period last year[62]. - The company's cash outflow from operating activities was approximately ¥199.87 million in Q1 2021, compared to ¥401.55 million in Q1 2020, showing improved operational efficiency[60]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,169,975,884.89, a decrease of 2.33% compared to the end of the previous year[11]. - The accounts receivable balance at the end of the period was RMB 20,235,702.79, an increase of 87.88% compared to the end of the previous year, mainly due to increased rental income from subsidiaries[24]. - Total liabilities decreased from ¥869,450,533.32 to ¥802,013,707.82, a decline of about 7.75%[38]. - Current liabilities decreased from ¥836,919,266.66 to ¥742,198,488.35, a reduction of about 11.29%[36]. - Non-current liabilities increased from ¥32,531,266.66 to ¥59,815,219.47, an increase of approximately 83.67%[38]. - Total equity decreased from ¥2,376,089,387.11 to ¥2,367,962,177.07, a decrease of approximately 0.51%[38]. - Cash and cash equivalents decreased from ¥227,650,115.95 to ¥159,729,675.38, a decline of about 29.87%[40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,785[17]. - The largest shareholder, Beijing State-owned Capital Management Center, held 34.23% of the shares[17]. Cost Management - Financial expenses for the period amounted to RMB 2,600,954.69, a decrease of 37.64% compared to the same period last year, mainly due to reduced interest expenses on loans[24]. - The company is focusing on cost control measures, as evidenced by a significant reduction in sales expenses from ¥72,780,182.90 to ¥52,013,292.98, a decrease of about 28.8%[48]. - The company experienced a significant reduction in financial expenses, with interest expenses decreasing to approximately ¥2.82 million in Q1 2021 from ¥4.86 million in Q1 2020[55]. Government Support - The company received government subsidies totaling CNY 1,114,839.48 related to specific projects[11].