天目湖(603136) - 2021 Q1 - 季度财报

Financial Performance - Operating revenue increased by 268.95% to CNY 78,014,046.12 compared to the same period last year[12] - Net profit attributable to shareholders was a loss of CNY 4,560,057.30, an improvement from a loss of CNY 26,398,845.39 in the previous year[5] - The weighted average return on equity improved by 2.49 percentage points to -0.48%[5] - The company reported a net profit loss in the first half of 2020 due to COVID-19, but anticipates a significant improvement in net profit for the first half of 2021[14] - The net profit for Q1 2021 was a loss of ¥3,280,225.82, an improvement from a loss of ¥29,756,723.27 in Q1 2020[27] - The operating profit for Q1 2021 was -¥4,646,852.14, an improvement compared to -¥13,597,452.40 in Q1 2020, indicating a reduction in losses by about 66%[30] - The net profit for Q1 2021 was -¥4,647,817.83, which is a 66% decrease in losses compared to -¥13,622,329.81 in Q1 2020[31] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 10,964,561.40, an improvement from a net outflow of CNY 25,194,983.44 in the previous year[5] - Cash flow from operating activities for Q1 2021 was -¥10,964,561.40, an improvement from -¥25,194,983.44 in Q1 2020, showing a reduction in cash outflow by approximately 56%[33] - Cash flow from investing activities for Q1 2021 was -¥68,184,060.78, compared to -¥44,211,880.31 in Q1 2020, indicating an increase in investment outflows by about 54%[34] - Cash flow from financing activities for Q1 2021 resulted in a net outflow of -¥57,424,716.95, contrasting with a net inflow of ¥287,006,354.17 in Q1 2020, reflecting a significant change in financing strategy[34] Assets and Liabilities - Total assets decreased by 4.04% to CNY 1,543,989,992.75 compared to the end of the previous year[5] - Total current assets decreased from ¥582,939,668.13 to ¥443,926,953.09, a decline of approximately 23.93%[18] - Total liabilities decreased from ¥562,588,160.67 to ¥463,690,568.07, a reduction of about 17.60%[20] - The company's cash and cash equivalents decreased from ¥545,580,244.86 to ¥409,006,905.73, a decline of approximately 25.00%[18] - The total assets as of Q1 2021 amounted to ¥1,254,847,397.98, slightly down from ¥1,287,083,211.64 in the previous year[23] - The total liabilities for Q1 2021 were ¥456,966,060.21, a decrease from ¥537,533,875.24 in Q1 2020[23] - The company's total equity decreased from 1,024,045,138.03 RMB at the beginning of the year to 1,046,409,088.16 RMB by the end of Q1 2021[41] Shareholder Information - The number of shareholders reached 5,557, with the largest shareholder holding 50.05% of the shares[9] - The company’s equity attributable to shareholders increased from ¥951,960,418.48 to ¥991,924,163.52, an increase of approximately 4.20%[20] - The basic and diluted earnings per share for Q1 2021 were both -¥0.04, compared to -¥0.23 in Q1 2020, showing an improvement in loss per share[28] Operational Metrics - Accounts receivable decreased by 43.41% to CNY 7,601,686.85 due to collection of receivables[11] - Cash received from sales increased by 163.80% to ¥76,874,648.71 compared to the previous year[13] - Cash received from other operating activities decreased by 77.67% to ¥3,736,472.92 due to reduced government subsidies[13] - Cash paid for purchasing goods and services rose by 100.58% to ¥40,174,535.89, primarily due to the impact of COVID-19[13] - The company recognized government subsidies amounting to CNY 1,089,270.29 related to its normal business operations[8] Inventory and Contract Liabilities - The inventory as of Q1 2021 was ¥1,521,311.04, down from ¥2,324,703.00 in the previous year, indicating a reduction of approximately 34.5%[22] - The company had a total of ¥1,018,608.08 in contract liabilities for Q1 2021, compared to ¥1,633,544.22 in Q1 2020, reflecting a decrease of about 37.5%[23] Financial Standards and Changes - The company implemented a new leasing standard starting from 2021, which did not have a significant impact on its financial position or cash flows[41] - The company implemented a new leasing standard effective January 1, 2020, with no significant impact on financial results[46]