DHKJ(SH:600288)2020-04-29 16:00Financial Performance - Operating revenue for the first quarter was CNY 289,169,007.40, representing a decline of 60.93% year-on-year [5]. - Net profit attributable to shareholders was a loss of CNY 49,408,490.73, compared to a loss of CNY 7,430,078.62 in the same period last year [5]. - The company's operating revenue for Q1 2020 was ¥289,169,007.40, a decrease of ¥451,032,156.15 or 60.93% compared to the same period in 2019, primarily due to business shutdowns caused by the pandemic [16]. - Net loss for Q1 2020 was ¥77,743,468.64, compared to a net loss of ¥15,412,940.40 in Q1 2019, representing a significant increase in losses [31]. - The net profit for Q1 2020 was ¥8,258,772.71, down 19.3% from ¥10,242,315.59 in Q1 2019 [35]. Cash Flow - The net cash flow from operating activities was a negative CNY 118,165,715.59, a decrease of 2.25% compared to the previous year [5]. - The net cash flow from investing activities was -¥151,650,107.99, an increase in loss of ¥86,194,051.05 year-over-year, primarily due to an increase in financial products [17]. - The cash flow from operating activities for Q1 2020 was negative at -¥118,165,715.59, slightly worse than -¥115,570,530.74 in Q1 2019 [38]. - The company reported a net cash outflow from investing activities of -¥151,650,107.99 in Q1 2020, compared to -¥65,456,056.94 in Q1 2019 [39]. - The total cash and cash equivalents at the end of the period amounted to 55,053,158.46 RMB, down from 126,151,240.97 RMB at the beginning of the period [42]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,252,729,532.95, a decrease of 0.65% compared to the end of the previous year [5]. - The company's total liabilities were ¥1,292,613,381.39, an increase from ¥1,238,411,297.05 at the end of 2019 [24]. - Current assets totaled ¥2,286,441,711.48, a minor decrease from ¥2,305,307,883.24 at the end of 2019 [22]. - The company's total equity reached 2,035,643,149.83 RMB, reflecting a stable financial position [47]. - Total liabilities decreased to ¥58,391,536.50 in Q1 2020 from ¥83,502,121.69 in Q4 2019, indicating a reduction in financial obligations [27]. Shareholder Information - The number of shareholders at the end of the reporting period was 31,217 [10]. - The total equity attributable to shareholders was ¥1,591,910,321.83, down from ¥1,639,102,342.19 at the end of 2019 [24]. Other Financial Metrics - The weighted average return on equity decreased by 2.58 percentage points to -3.06% [5]. - Other income increased significantly by 204.54% to ¥8,199,250.25, mainly due to increased software tax refunds from subsidiaries [16]. - Research and development expenses for Q1 2020 were ¥44,378,894.36, slightly down from ¥47,384,458.42 in Q1 2019, indicating a focus on cost management [30]. - The company reported a basic and diluted earnings per share of -¥0.1131 for Q1 2020, compared to -¥0.0170 in Q1 2019, reflecting worsening profitability [31]. - Other comprehensive income for Q1 2020 was ¥2,216,470.37, compared to -¥4,409.99 in Q1 2019, indicating a positive shift in comprehensive income [31]. Investment and Financing Activities - The company raised ¥37,400,000.00 through borrowings in Q1 2020, an increase from ¥20,340,000.00 in Q1 2019 [39]. - The company's short-term borrowings were recorded at 149,440,000.00 RMB, reflecting its financing strategy [46]. - The company has a long-term equity investment valued at 440,119,096.63 RMB, indicating ongoing investment strategies [45].