OBM(SH:603729)2020-04-29 16:00Financial Performance - Operating revenue surged by 150.29% to CNY 180,614,497.65 year-on-year[6] - Net profit attributable to shareholders reached CNY 4,173,045.71, a significant recovery from a loss of CNY 13,366,246.86 in the same period last year[6] - Basic earnings per share improved to CNY 0.04 from a loss of CNY 0.14 in the same period last year[6] - Weighted average return on equity rose by 2.07 percentage points to 0.52%[6] - Total revenue for Q1 2020 reached ¥180,614,497.65, a significant increase of 150% compared to ¥72,161,878.57 in Q1 2019[21] - Net profit for Q1 2020 was ¥3,706,440.17, a recovery from a net loss of ¥13,444,042.69 in Q1 2019[22] - The company's operating revenue for Q1 2020 was CNY 162,934,894.72, a significant increase of 412.5% compared to CNY 31,802,314.75 in Q1 2019[24] - The net profit for Q1 2020 reached CNY 74,224,239.83, compared to a net loss of CNY 13,056,947.48 in the same period last year[25] - The overall comprehensive income for Q1 2020 was CNY 74,224,239.83, contrasting with a comprehensive loss of CNY 13,056,947.48 in Q1 2019[25] Assets and Liabilities - Total assets increased by 2.88% to CNY 1,167,429,124.52 compared to the end of the previous year[6] - Cash and cash equivalents increased by 277.91% to ¥96,845,671.52 from ¥25,626,906.94 due to increased collections during the reporting period[11] - Total assets reached ¥1,167,429,124.52, up from ¥1,134,718,790.23, indicating overall growth in the company's financial position[15] - The total assets as of March 31, 2020, amounted to ¥1,388,822,660.31, compared to ¥1,187,055,061.85 at the end of 2019, indicating a growth of approximately 17%[19] - The company's total equity rose to ¥921,360,182.26, up from ¥847,135,942.43, reflecting an increase of approximately 8.7%[20] - The total liabilities as of March 31, 2020, were ¥467,462,478.05, compared to ¥339,919,119.42 at the end of 2019, indicating an increase of approximately 37%[19] Cash Flow - Cash flow from operating activities increased by 10.24% to CNY 23,256,832.85 compared to the previous year[6] - Net cash flow from operating activities was $84.2 million, a significant improvement compared to a net outflow of $40.4 million in the same period last year[31] - Total cash inflow from operating activities amounted to $353.5 million, while cash outflow was $269.3 million, resulting in a net increase in cash from operations[31] - Cash flow from investing activities showed a net outflow of $6.96 million, compared to a smaller outflow of $2.33 million in the previous year[31] - The ending cash and cash equivalents balance was $92.9 million, up from $17.8 million at the beginning of the period[31] Shareholder Information - The total number of shareholders reached 9,064 by the end of the reporting period[10] - The largest shareholder, Duan Peizhang, holds 32.89% of the shares, with 21,576,200 shares pledged[10] Investment and Income - The company reported a non-recurring gain of CNY 109,963.78 during the period[9] - Other income surged by 672.75% to ¥59.27 from ¥7.67, mainly due to increased government subsidies received[11] - Investment income grew by 209.41% to ¥664.61 from ¥214.80, attributed to higher returns from equity investments in a film company[11] - The company reported investment income of ¥6,646,118.98 for Q1 2020, compared to ¥2,148,001.38 in Q1 2019, showing a substantial increase[22] Operating Costs - Operating costs increased by 152.43% to ¥16,561.69 from ¥6,560.90, reflecting the rise in advertising business volume[11] - Operating costs for Q1 2020 were ¥185,463,244.88, up from ¥89,050,075.35 in Q1 2019, reflecting a 108% increase[21] - Employee compensation payable rose dramatically by 5101.34% to ¥1,165,066.76 from ¥22,440.32, due to deferred social security payments during the pandemic[11] Future Plans and Developments - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company has plans for market expansion and potential acquisitions to drive future growth, although specific details were not disclosed in the report[24] - Research and development expenses were not explicitly stated, but the company is focusing on enhancing its product offerings and technological advancements[24]