JD Capital(SH:600053)2021-04-27 16:00Financial Performance - Net profit attributable to shareholders was CNY 21,966,306.39, down 31.59% year-on-year[11]. - Operating income for the reporting period was CNY 26,431,898.04, a decrease of 62.78% compared to the same period last year[11]. - Basic earnings per share were CNY 0.0507, down 31.58% from the previous year[11]. - The weighted average return on net assets was 0.82%, a decrease of 1.87 percentage points compared to the previous year[11]. - The net profit after deducting non-recurring gains and losses was CNY 21,935,906.75, down 31.17% year-on-year[11]. - The company reported a loss of CNY 10,897.05 from the disposal of non-current assets[15]. - The company reported no significant changes in net profit expectations compared to the previous year, indicating stability in financial performance[31]. - The company reported a significant increase in fair value changes, reporting ¥13,161,492.69 in Q1 2021 compared to ¥5,131,055.76 in Q1 2020[54]. Revenue and Income Sources - The private equity investment management business generated operating income of CNY 17,117,900, a decrease of 72.64% year-on-year[14]. - Real estate business achieved operating income of CNY 9,314,000, an increase of 10.40% year-on-year, but net profit decreased by 11.32%[14]. - Investment income increased by 274.98%, primarily due to increased gains from asset disposals[18]. - Total operating revenue for Q1 2021 was ¥26,431,898.04, a decrease of 62.8% compared to ¥71,011,338.46 in Q1 2020[51]. - The investment income for Q1 2021 was ¥37,968,053.23, significantly higher than ¥10,125,423.07 in Q1 2020[51]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,309,483,674.26, a decrease of 1.58% compared to the end of the previous year[11]. - Non-current assets totaled approximately $1.38 billion as of March 31, 2021, compared to $1.34 billion at the end of 2020, reflecting an increase of about 2.5%[38]. - Total liabilities decreased to approximately $584.27 million from $630.49 million, a decline of about 7.3%[39]. - The company's equity attributable to shareholders decreased to approximately $2.68 billion from $2.69 billion, a decrease of about 0.5%[39]. - The total current assets decreased to RMB 1.93 billion from RMB 2.02 billion, reflecting a decrease of around 4.3%[35]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 19,990,432.04, an improvement of 50.08% compared to the previous year[11]. - The net cash flow from operating activities was ¥7,694,995.06, a significant decrease of 94.25% compared to ¥133,557,712.62 in Q1 2020[68]. - The total cash inflow from operating activities in Q1 2021 was ¥82,626,941.07, slightly down from ¥88,479,350.73 in Q1 2020[62]. - The company reported cash outflows related to operating activities totaling ¥102,617,373.11 in Q1 2021, compared to ¥128,520,473.56 in Q1 2020[64]. - Cash inflow from operating activities totaled ¥65,204,975.37, down 64.96% from ¥185,679,362.13 in the same period last year[68]. Shareholder Information - The total number of shareholders at the end of the reporting period is 19,337[17]. - The major shareholder, Jiangxi Zhongjiang Group Co., Ltd., holds 72.37% of the shares, totaling 313,737,309 shares[17]. Legal and Contingent Liabilities - The company has recognized a contingent liability of RMB 4 million related to a labor dispute with a former employee[22]. - The company has a pending lawsuit with Jiangxi Tungsten Industry Holding Group, claiming economic losses totaling RMB 206.32 million due to non-fulfillment of agreements[26]. - The company’s bank account was frozen for RMB 206.32 million as a result of the court ruling, impacting liquidity until the resolution of the case[27]. - The company is currently appealing a jurisdiction ruling regarding the aforementioned lawsuit, which is still under review[30]. Changes in Financial Position - Long-term deferred expenses decreased by 77.54%, mainly due to the new leasing standards affecting the recognition of leasehold assets[18]. - Contract liabilities decreased by 43.06%, attributed to the transfer of pre-received housing payments to recognized income[18]. - The total amount of other payables decreased by 45.64%, mainly due to a reduction in real estate transaction amounts[18]. - The company reported a significant decrease in cash inflow from other operating activities, which fell to ¥64,094,749.07 from ¥179,395,901.83 in Q1 2020[68].