CCS(SH:600180)2020-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 47.73% to CNY 124,227,919.77 year-on-year[18] - Operating income rose by 4.28% to CNY 7,597,491,507.30 compared to the same period last year[18] - Basic and diluted earnings per share fell by 47.73% to CNY 0.1222[18] - Total profit for Q1 2020 was approximately ¥155.21 million, down 45.8% from ¥286.35 million in Q1 2019[56] - Net profit for Q1 2020 was approximately ¥124.26 million, a decrease of 47.8% from ¥237.64 million in Q1 2019[56] Cash Flow - Net cash flow from operating activities decreased significantly by 77.62% to CNY 335,083,859.33[18] - Cash inflows from operating activities totaled CNY 9,212,549,756.44, down from CNY 10,263,135,762.00 in the same period last year, representing a decline of approximately 10.2%[65] - The net cash flow from operating activities was CNY 335,083,859.33, significantly lower than CNY 1,497,433,283.67 in the previous year, indicating a decrease of about 77.7%[65] - The net cash flow from financing activities was CNY 21,718,066.04, a significant recovery from a negative CNY -766,500,635.35 in the previous year[67] - Cash inflows from financing activities totaled CNY 4,922,384,720.74, slightly up from CNY 4,787,138,937.40 year-over-year[67] Assets and Liabilities - Total assets increased by 5.96% to CNY 23,961,237,656.75 compared to the end of the previous year[18] - The company's total current assets increased from CNY 15,875,864,952.58 to CNY 17,153,327,415.32[39] - Non-current liabilities totaled ¥17,657,980,800.65, an increase of 7.52% from ¥16,423,085,596.24[44] - Total liabilities increased to ¥17,657,980,800.65 from ¥16,423,085,596.24, marking a rise of approximately 7.52%[44] - The company's cash and cash equivalents decreased to ¥91,756,176.10 from ¥270,140,830.13, a decline of approximately 66.0%[44] Shareholder Information - The total number of shareholders reached 18,965, with the largest shareholder holding 50.19% of shares[24] - The company has a significant portion of shares pledged, with 477,500,000 shares pledged by the largest shareholder[24] Investment and Expenses - Investment income increased by 88.76% from CNY 50,056,140.99 to CNY 94,484,368.91[31] - Sales expenses for Q1 2020 were approximately ¥335.69 million, a decrease of 5.6% from ¥355.49 million in Q1 2019[54] - Management expenses for Q1 2020 were approximately ¥77.80 million, down 15.7% from ¥92.38 million in Q1 2019[54] - Financial expenses for Q1 2020 were approximately ¥91.00 million, a decrease of 11.1% from ¥102.35 million in Q1 2019[54] Other Financial Metrics - The weighted average return on equity dropped by 2.11 percentage points to 1.99%[18] - The company reported a significant increase in credit impairment losses by 308.15%, from CNY 1,157,310.74 to CNY 4,723,563.03[31] - The total comprehensive income amounted to CNY 1,814,081.24, a decrease of CNY 6,926,829.15 compared to the previous period[61] - Other comprehensive income after tax for Q1 2020 was approximately -¥11.93 million, compared to -¥44.80 million in Q1 2019[56]