新力金融(600318) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 78.30% to CNY 4,559,884.79 year-on-year[9] - Operating revenue declined by 9.62% to CNY 118,085,793.85 compared to the same period last year[9] - Basic earnings per share dropped by 75.00% to CNY 0.01[9] - The weighted average return on net assets decreased by 1.65 percentage points to 0.36%[9] - Total operating revenue for Q1 2020 was CNY 118,085,793.85, a decrease of 9.6% compared to CNY 130,651,321.27 in Q1 2019[27] - Net profit for Q1 2020 was CNY 28,017,534.01, down 41.3% from CNY 47,872,761.90 in Q1 2019[28] - Basic earnings per share for Q1 2020 were CNY 0.01, down from CNY 0.04 in Q1 2019[28] - The total profit for Q1 2020 was -26,470,590.47 RMB, worsening from -12,867,063.16 RMB in Q1 2019, indicating a decline of approximately 105.1%[30] - The total comprehensive income for Q1 2020 was -26,470,590.47 RMB, compared to -13,058,879.04 RMB in Q1 2019, indicating a decline of approximately 102.5%[31] Assets and Liabilities - Total assets increased by 4.88% to CNY 5,862,870,680.10 compared to the end of the previous year[9] - Total liabilities increased to ¥3,243,162,933.88 from ¥2,998,509,158.84, reflecting a rise in both current and non-current liabilities[21] - The company's total assets as of Q1 2020 amounted to CNY 2,572,772,088.76, compared to CNY 2,518,267,863.78 in the previous year[25] - Total liabilities increased to CNY 1,644,544,203.16 in Q1 2020 from CNY 1,563,569,387.71 in Q1 2019[25] - The company’s total liabilities included long-term borrowings of 1,005,341,602.86 RMB, indicating a significant leverage position[39] - Total liabilities amounted to CNY 2,998,509,158.84, with non-current liabilities totaling CNY 1,298,386,057.30[40] Cash Flow - Net cash flow from operating activities improved significantly by 829.46% to CNY 11,506,382.86[9] - Net cash flow from financing activities decreased by 132.74% to ¥100,651,732.33 due to an increase in borrowings compared to the same period last year[15] - The net cash flow from operating activities for Q1 2020 was 11,506,382.86 RMB, a significant improvement compared to a net outflow of -1,577,376.99 RMB in Q1 2019[32] - Cash inflow from financing activities amounted to 631,879,333.75 RMB, compared to 128,175,000.00 RMB in the previous quarter, indicating a strong increase in financing[36] - The net cash flow from financing activities was 100,651,732.33 RMB, a recovery from a negative cash flow of -240,541,556.46 RMB in the previous quarter[36] Shareholder Information - The total number of shareholders reached 44,548 at the end of the reporting period[13] - The largest shareholder, Anhui Xinli Kechuang Group Co., Ltd., holds 23.57% of the shares[13] - The company has a repurchase account holding 20,800,000 shares, accounting for 4.05% of total shares[14] Expenses and Costs - Management expenses decreased by 36.78% to ¥17,123,474.17 due to lower labor costs and intermediary fees[15] - Financial expenses increased by 71.07% to ¥26,925,126.84 due to the growth in borrowing scale and funding costs[15] - Credit impairment losses increased by 421.83% to -¥5,157,046.49 primarily due to an increase in overdue assets affected by the pandemic[15] - Financial expenses for Q1 2020 were CNY 26,925,126.84, significantly higher than CNY 15,738,999.49 in Q1 2019[27] Investment Activities - The company reported an investment income of CNY 6,791,430.57 for Q1 2020, compared to CNY 5,475,801.46 in Q1 2019[27] - The investment activities generated a net cash outflow of -155,000.00 RMB in Q1 2020, compared to a net inflow of 224,492.91 RMB in Q1 2019, indicating a shift in investment strategy[33] - The company holds long-term equity investments valued at CNY 2,453,173,434.07, indicating a significant investment strategy[43]