TJBE(SZ:000695)2021-04-29 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥110,966,921.22, representing a 146.45% increase compared to ¥45,025,754.41 in the same period last year[9]. - The net profit attributable to shareholders was a loss of ¥6,253,170.00, an improvement of 19.16% from a loss of ¥7,734,970.86 in the previous year[9]. - The net cash flow from operating activities improved by 42.99%, with a net outflow of ¥21,401,985.97 compared to ¥37,539,886.74 in the same period last year[9]. - The company reported a net loss of CNY 7,627,812.42 for the first quarter, compared to a loss of CNY 4,668,700.38 in the previous period[38]. - The total profit for Q1 2021 was a loss of CNY 10,533,256.74, an improvement from a loss of CNY 13,388,849.39 in Q1 2020[42]. - The total comprehensive income for Q1 2021 was a loss of CNY 10,127,006.22, compared to a loss of CNY 13,693,097.50 in Q1 2020[43]. Assets and Liabilities - The company's total assets decreased by 5.85% to ¥1,013,706,667.85 from ¥1,076,730,574.26 at the end of the previous year[9]. - Total liabilities decreased to CNY 409,511,542.68 from CNY 491,227,136.32, reflecting a reduction of approximately 16.6%[34]. - The company's total equity increased to CNY 604,195,125.17 from CNY 585,503,437.94, showing a growth of about 3.7%[35]. - The company's fixed assets were valued at CNY 173,838,380.47, compared to CNY 372,294,018.17 in the previous year, reflecting a significant decline[35]. - The company's total non-current assets amounted to CNY 479,030,117.73, down from CNY 496,092,287.27, representing a decrease of about 3.4%[35]. - The company has a short-term loan of CNY 83,079,741.75 and accounts payable of CNY 187,907,076.68[57]. Cash Flow - Cash flow from operating activities in Q1 2021 was CNY 126,373,103.22, up from CNY 68,619,459.24 in the previous year[49]. - The cash and cash equivalents at the end of the period amounted to 36,657,572.79 CNY, down from 74,243,363.40 CNY in the previous period[51]. - The company reported a total cash outflow from investing activities of 5,163,379.79 CNY, with a net cash flow from investing activities of -5,163,379.79 CNY[51]. - The company received 876,130.06 CNY in tax refunds during the reporting period[50]. - The cash flow from operating activities showed a decrease in outflows, with total cash outflow of 204,997,839.33 CNY compared to 108,928,258.10 CNY previously[50]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,561, with the top ten shareholders holding a combined 37.25% of the shares[11]. - The company is in the process of planning the transfer of controlling rights by its major shareholder, Jingjin Culture, which is still in the planning stage and lacks a definitive transaction plan, indicating uncertainty[17]. Operational Insights - The company's operating costs rose by 144.39% to ¥103,089,535.14, reflecting a recovery from the impact of the pandemic[16]. - The cash received from sales of goods and services increased by 84.17% compared to the previous year, indicating a recovery in business operations[16]. - Research and development expenses for Q1 2021 were CNY 3,614,206.71, down from CNY 4,550,616.83 in the same period last year[41]. Governance and Compliance - There are no overdue commitments from the actual controller, shareholders, or related parties during the reporting period, suggesting stable governance[26]. - The company has not reported any non-operating fund occupation by major shareholders or related parties, indicating financial integrity[27]. - The first quarter report was not audited, indicating preliminary financial results[60].