DFGC(000679)2021-04-28 16:00Revenue and Profit - Revenue for Q1 2021 was ¥46,801,301.83, a decrease of 54.92% compared to ¥103,817,339.32 in the same period last year[7] - Net profit attributable to shareholders was -¥11,273,656.45, an improvement of 83.53% from -¥68,467,657.08 year-on-year[7] - Total operating revenue for Q1 2021 was CNY 46,801,301.83, a decrease of 55.1% compared to CNY 103,817,339.32 in the same period last year[39] - The net loss attributable to shareholders of the parent company for Q1 2021 was CNY 11,273,656.45, compared to a net loss of CNY 68,467,657.08 in Q1 2020[41] - The net profit for the period was CNY 80,837.34, compared to CNY 23,431,618.06 in the previous period, indicating a significant decline[45] Cash Flow - Operating cash flow increased by 206.70%, reaching ¥7,158,626.79 compared to -¥6,709,160.87 in the previous year[7] - The net cash flow from operating activities was CNY 7,158,626.79, recovering from a negative cash flow of CNY -6,709,160.87 in the previous period[49] - The company reported a cash inflow from operating activities of CNY 173,600,704.38, compared to CNY 172,307,573.07 in the previous period[49] - The total cash outflow from operating activities was CNY 166,442,077.59, down from CNY 179,016,733.94 in the previous period[49] - The net cash flow from operating activities for the current period is ¥10,115,128.62, a significant increase from ¥2,376,680.75 in the previous period, representing a growth of approximately 324%[51] - Total cash inflow from operating activities reached ¥185,658,120.87, compared to ¥160,374,756.16 in the previous period, indicating an increase of about 15.7%[51] - Cash outflow from operating activities totaled ¥175,542,992.25, up from ¥157,998,075.41, which is an increase of approximately 11.1%[51] Assets and Liabilities - Total assets decreased by 1.26% to ¥1,327,221,846.77 from ¥1,344,177,161.27 at the end of the previous year[7] - Current liabilities totaled approximately 623.75 million yuan as of March 31, 2021, compared to 621.23 million yuan at the end of 2020[33] - Non-current liabilities decreased from approximately 46.30 million yuan to 42.63 million yuan during the same period[33] - The company's total liabilities were CNY 1,289,249,553.36, showing a marginal increase from CNY 1,288,445,044.56 at the end of 2020[37] - Total assets as of March 31, 2021, amounted to CNY 1,726,613,766.94, slightly up from CNY 1,725,728,420.80 at the end of 2020[37] Financial Expenses and Cash Equivalents - Financial expenses decreased by 89.37%, primarily due to a significant reduction in interest-bearing liabilities[14] - The company reported a significant reduction in financial expenses, which dropped to CNY 6,504,706.32 from CNY 61,188,464.77 in the previous year[40] - Cash and cash equivalents increased by 21.40%, mainly due to the recovery of external loans[14] - Cash and cash equivalents at the end of the period totaled CNY 181,932,657.01, up from CNY 26,970,769.43 at the end of the previous period[50] - The total cash and cash equivalents at the end of the period amounted to ¥177,191,047.57, a significant increase from ¥3,635,613.26 in the previous period[53] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,511[10] - The total equity attributable to shareholders of the parent company was CNY 437,364,213.58, a slight increase from CNY 437,283,376.24 at the end of 2020[37] Other Financial Activities - The company provided financial assistance of 60 million yuan to Baichang Group for real estate project development, with an interest rate of 8% per annum[16] - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[25] - There were no securities or derivative investments reported during the period[20][21] - The company recorded other income of CNY 188,263.79 during the period, while the previous period had no such income[44] - The company received CNY 61,200,000.00 from other investment-related cash inflows, marking a positive shift from the previous period where there were no such inflows[49] Investment Activities - Investment cash flow net increased by 4423.97%, primarily from the recovery of external loans[15] - The net cash flow from investing activities is ¥61,196,732.67, a recovery from a negative cash flow of ¥1,415,222.75 in the previous period[53] - Cash inflow from investing activities was ¥61,200,000.00, with no inflow recorded in the previous period[53] - Cash outflow from investing activities was minimal at ¥3,267.33, down from ¥1,415,222.75 in the previous period, indicating a reduction in investment spending[53] Leasing and Property - The company plans to continue leasing properties from Friendship Group at a rate of 2.25 yuan per square meter per day, with an annual rent of approximately 5.56 million yuan[18] - The company has not made any adjustments to the beginning balance sheet items as of January 1, 2021, under the new leasing standards[55] Audit Status - The first quarter report has not been audited, indicating that the figures may be subject to change upon final review[56]