2020-04-29 16:00Financial Performance - Net profit attributable to shareholders of the parent company was CNY 1.83 billion, a decrease of 39.25% year-on-year[4] - Operating revenue for the period was CNY 6.14 billion, down 8.22% from the same period last year[4] - Basic earnings per share decreased by 42.42% to CNY 0.19[4] - The weighted average return on equity was 1.36%, down 1.12 percentage points from the previous year[4] - Total operating revenue for Q1 2020 was CNY 3,972,760,457, a decrease of 19.1% compared to CNY 4,910,551,434 in Q1 2019[22] - Net profit for Q1 2020 was CNY 1,808,590,295, down 33.1% from CNY 2,703,315,288 in Q1 2019[22] - Total comprehensive income for Q1 2020 was CNY 1,322,266,340, a decrease of 64.0% from CNY 3,683,210,098 in Q1 2019[22] - The company reported a significant loss in fair value changes amounting to CNY -1,323,214,634 in Q1 2020 compared to a gain of CNY 766,309,408 in Q4 2019[20] - The company experienced a significant decrease in investment income, reporting CNY 901,346,841 in Q1 2020, down 43.5% from CNY 1,595,129,183 in Q1 2019[22] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 600.63 billion, an increase of 7.39% compared to the end of the previous year[4] - The total amount of settlement reserve funds increased by 35.70% to CNY 15,735,589,419 compared to the previous year-end[12] - Derivative financial assets rose significantly by 173.63% to CNY 1,505,164,814 from CNY 550,081,484 year-over-year[12] - Accounts receivable increased by 67.84% to CNY 9,548,765,610, primarily due to an increase in receivables from brokerage and trading firms[12] - The total liabilities increased significantly, with short-term financing payables rising by 119.72% to CNY 38,283,922,211[12] - Total liabilities as of March 31, 2020, were CNY 288,373,961,457, an increase of 4.0% from CNY 275,277,924,335 at the end of 2019[18] - The company’s total liabilities and equity amounted to CNY 416,040,550,663, reflecting a total increase of 3.4% from the previous year[19] Cash Flow - The net cash flow from operating activities was CNY 15.63 billion, reflecting a year-on-year increase of 1.40%[4] - Cash flow from operating activities for Q1 2020 was CNY 15,626,575,785, slightly up from CNY 15,410,305,333 in Q1 2019[24] - The net cash flow from financing activities for Q1 2020 was CNY 11,630,997,460, compared to CNY 9,880,029,923 in Q1 2019, indicating a growth of 17.8%[25] - The net cash flow from operating activities for Q1 2020 was CNY 12,775,854,851, a decrease from CNY 14,342,261,740 in Q1 2019[26] - The total cash inflow from investment activities was CNY 13,791,421,494, significantly higher than CNY 7,479,715,788 in the same period last year[26] - The net cash flow from financing activities was CNY 3,072,294,011, down from CNY 6,557,870,486 in Q1 2019[27] - The company reported a net increase in cash from operating activities of CNY 37,987,498,158 in Q1 2020, down from CNY 57,646,508,759 in Q1 2019[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 174,217[7] - The largest shareholder, Shanghai State-owned Assets Management Co., Ltd., held 21.34% of the shares[7] Government Support - The company received government subsidies amounting to CNY 384.33 million, primarily for fiscal support[5] Other Income - The net income from commission and fees for the period increased by 33.64% to CNY 3,063,502,425 compared to the same period last year[12] - The net income from investment banking fees rose by 40.74% to CNY 533,310,527, driven by an increase in stock underwriting revenue[12] - Other business income surged by 656.87% to CNY 1,285,422,595, attributed to growth in bulk commodity trading volume[12]