HZSY(SH:600191)2020-04-29 16:00Financial Performance - Operating revenue increased by 11.97% to CNY 10,869,866.53 compared to the same period last year[6] - Net profit attributable to shareholders decreased by 130.59% to CNY -19,660,707.93 compared to the same period last year[6] - Basic and diluted earnings per share were CNY -0.0405, a decrease of 130.57% compared to CNY 0.1325 in the previous year[7] - Net profit decreased by 130.57% to -¥19,649,224.34 from ¥64,270,951.63, mainly due to a significant reduction in investment income[14] - The operating profit for Q1 2020 was a loss of ¥18,753,224.59, compared to a profit of ¥65,604,884.32 in Q1 2019[31] - The net profit for Q1 2020 was also a loss of ¥18,753,224.59, down from a profit of ¥65,604,884.32 in the same period last year[31] - The total comprehensive income for Q1 2020 was a loss of ¥87,647,497.04, compared to a gain of ¥119,799,719.32 in Q1 2019[31] Assets and Liabilities - Total assets decreased by 5.46% to CNY 1,911,907,121.45 compared to the end of the previous year[6] - Total assets decreased to CNY 2,065,704,792.28 from CNY 2,175,179,770.75, a decline of 5.0%[24] - Total liabilities decreased to CNY 193,551,927.15 from CNY 223,217,585.93, a reduction of 13.3%[24] - Total equity decreased to CNY 1,872,152,865.13 from CNY 1,951,962,184.82, a decline of 4.0%[24] Cash Flow - The net cash flow from operating activities improved to CNY -5,078,830.75 from CNY -9,587,911.66 in the previous year[6] - Cash flow from operating activities improved by 47.03% to -¥5,078,830.75 from -¥9,587,911.66, driven by increased cash receipts from sales[16] - Cash flow from investing activities for Q1 2020 was a net inflow of ¥21,742,874.11, significantly higher than ¥4,817,545.63 in Q1 2019[34] - The net cash flow from investment activities was $21,742,874.11, compared to $4,817,545.63 in the previous period[37] - The net cash flow from financing activities was -$7,150,000.00, reflecting a decrease from -$1,475,344.80 in the previous period[37] - The net increase in cash and cash equivalents was $9,703,348.14, contrasting with a decrease of $6,503,759.51 in the previous period[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,016[11] - The largest shareholder, Baotou Grassland Sugar Industry Group, holds 31.49% of the shares, with 152,717,960 shares pledged[11] - The second-largest shareholder, Baotou Shichuang Economic and Technological Development Co., Ltd., holds 17.61% of the shares[11] Expenses and Income - Sales expenses decreased by 35.70% to ¥218,131.20 from ¥339,215.63, reflecting a reduction in expenses[14] - Management expenses decreased to ¥6,035,211.31 in Q1 2020 from ¥8,329,480.70 in Q1 2019, reflecting a reduction of about 27.5%[30] - Investment income dropped by 117.12% to -¥12,844,113.18 from ¥75,026,054.30, primarily due to losses from investments[14] - The company recorded an investment loss of ¥12,844,113.18 in Q1 2020, a significant decline from a gain of ¥75,026,054.30 in Q1 2019[30] Cash and Equivalents - Cash and cash equivalents increased by 88.83% to ¥20,224,858.03 from ¥10,710,755.13 due to the sale of stocks and financial assets[13] - Cash and cash equivalents increased to CNY 16,339,436.66 from CNY 6,636,088.52, a growth of 146.0%[22] - The cash and cash equivalents at the end of Q1 2020 totaled ¥20,224,858.03, compared to ¥35,874,514.02 at the end of Q1 2019[34] - The ending balance of cash and cash equivalents was $16,339,436.66, compared to $30,641,694.19 in the previous period[37]