Marubi(SH:603983)2020-04-28 16:00Financial Performance - Operating income for the period was CNY 370,356,316.93, representing a year-on-year increase of 1.53%[12] - Net profit attributable to shareholders of the listed company decreased by 1.14% to CNY 118,844,561.60 compared to the same period last year[12] - Basic earnings per share decreased by 9.09% to CNY 0.30[12] - Total operating revenue for Q1 2020 was RMB 370,356,316.93, a slight increase of 1.55% compared to RMB 364,791,441.67 in Q1 2019[47] - Net profit for Q1 2020 was RMB 118,844,561.60, a decrease of 0.93% from RMB 119,963,822.65 in Q1 2019[49] - Total comprehensive income for the first quarter of 2020 was CNY 57,504,574.64, compared to CNY 59,203,980.41 in the first quarter of 2019, reflecting a decrease of approximately 2.86%[55] Cash Flow - Net cash flow from operating activities was negative at CNY -18,284,167.63, a decrease of 138.91% compared to the same period last year[12] - Cash inflow from operating activities totaled CNY 387,390,171.37, down from CNY 451,822,102.02 in the same period last year, indicating a decline of about 14.26%[58] - Cash outflow from operating activities totaled CNY 405,674,339.00, slightly up from CNY 404,832,265.10 in the previous year[58] - Net cash flow from investment activities was CNY -764,753,300.71, worsening from CNY -510,288,589.42 in Q1 2019[58] - The company reported a significant increase in cash received from investment recoveries, amounting to CNY 790,000,000.00, compared to CNY 70,000,000.00 in Q1 2019[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,412,614,945.12, a decrease of 0.69% compared to the end of the previous year[12] - Total liabilities decreased to ¥598,130,462.90 from ¥740,036,674.91, primarily due to a reduction in accounts payable[33] - Total current assets amounted to 3,128,412,255.60 RMB, with cash and cash equivalents contributing significantly to this figure[62] - Total liabilities reached approximately CNY 218.39 million, with current liabilities accounting for CNY 217.47 million[76] - The company reported a total of CNY 594.48 million in trading financial assets, indicating investment activity[72] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 4.46% to CNY 2,789,001,558.44 compared to the end of the previous year[12] - The total number of shareholders at the end of the reporting period was 13,866, with the largest shareholder holding 72.72% of the shares[18] - Shareholders' equity rose to CNY 2,170,002,041.86 from CNY 2,112,497,467.22, indicating an increase of approximately 2.73%[42] Investments and Expenses - The company received government subsidies amounting to CNY 4,293,816.13, which are closely related to its normal business operations[14] - Research and development expenses rose to RMB 9,962,992.40, an increase of 14.00% compared to RMB 8,741,060.89 in Q1 2019[47] - Sales expenses increased to RMB 87,230,015.74, up 16.00% from RMB 74,873,000.58 in the previous year[47] Changes in Financial Position - Cash and cash equivalents decreased by 37.25% to ¥1,318,732,356.98 from ¥2,101,532,939.83 due to new investments in financial products[22] - Trading financial assets increased by 94.86% to ¥1,551,364,083.33 from ¥796,143,215.76, primarily due to new purchases of financial products[22] - Accounts receivable rose by 77.02% to ¥3,196,264.89 from ¥1,805,569.35, mainly due to unwithdrawn balances from Tmall flagship store[24] - Cash and cash equivalents decreased significantly to CNY 401,216,818.30 from CNY 940,951,158.58, a decline of about 57.40%[39]