SWSC(SH:600369)2020-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 50.93% to CNY 202,727,740.62 year-on-year[4] - Operating revenue fell by 49.99% to CNY 569,566,987.99 compared to the same period last year[4] - Basic earnings per share decreased by 42.86% to CNY 0.04 compared to the same period last year[4] - The weighted average return on equity decreased by 1.16 percentage points to 1.03%[4] - Total operating revenue for Q1 2020 was CNY 569,566,987.99, a decrease of 50.0% compared to CNY 1,138,975,900.32 in Q1 2019[15] - Net profit for Q1 2020 was CNY 213,884,866.21, a decline of 50.1% from CNY 428,687,966.57 in Q1 2019[15] - Total comprehensive income for Q1 2020 was CNY 205,629,613.56, a decrease of 74.2% from CNY 798,029,151.80 in Q1 2019[16] - Net profit for Q1 2020 was CNY 227,015,409.23, down 61.7% from CNY 591,582,231.79 in Q1 2019[16] Assets and Liabilities - Total assets increased by 6.89% to CNY 70,388,916,292.77 compared to the end of the previous year[4] - Total liabilities increased to ¥50,624,879,699.12, up from ¥46,293,216,844.58, reflecting a growth of approximately 7.5%[13] - The company's equity attributable to shareholders increased to ¥19,788,784,450.52 from ¥19,593,568,754.34, showing a rise of about 1.0%[13] - The total amount of short-term financing payable decreased slightly to ¥1,275,505,343.17 from ¥1,310,320,447.71, a decline of approximately 2.6%[14] Cash Flow - Net cash flow from operating activities decreased by 43.32% to CNY 2,923,081,500.13 year-on-year[4] - The net cash flow from operating activities for Q1 2020 was ¥2,923,081,500.13, a decrease of 43.0% compared to ¥5,156,794,377.51 in Q1 2019[17] - Total cash inflow from operating activities was ¥5,655,052,681.47, down 33.5% from ¥8,580,989,000.60 in the previous year[17] - The net cash flow from investment activities was ¥760,170,470.37, a significant improvement from a negative cash flow of ¥54,225,884.56 in Q1 2019[17] - Cash inflow from financing activities totaled ¥708,220,000.00, a decrease of 59.6% compared to ¥1,750,670,000.00 in Q1 2019[18] Shareholder Information - The total number of shareholders at the end of the reporting period was 146,229[6] - The largest shareholder, Chongqing Yufu Asset Management Group, holds 26.99% of the shares[6] Business Developments - The company has not disclosed any new product developments or market expansion strategies in this report[4] - The company established a new securities business department in Chongqing, approved by the China Securities Regulatory Commission[10] - The company appointed a new Chief Information Officer, effective March 30, 2020[10] - The company is involved in ongoing litigation with a total amount of approximately ¥33.27 million across 100 cases related to a restructuring project[10] - The company completed the filing of its revised Articles of Association with regulatory authorities[11] Donations and Community Support - The company donated an additional ¥10 million for COVID-19 prevention efforts, increasing its total donation amount[9] Income and Expenses - The company reported non-operating income and expenses totaling -CNY 6,487,338.97[5] - Other business income decreased by 84.67% to ¥8,503,202.04 from ¥55,482,346.79 year-on-year[8] - Business and management expenses decreased by 38.83% to ¥320,978,129.01 from ¥524,754,048.63 year-on-year[8] - Net interest income rose by 31.20% to ¥68,969,675.69 from ¥52,568,397.16 year-on-year[8] - Investment income surged by 4,406.57% to ¥320,310,681.70 compared to ¥7,107,643.24 in the same period last year[8]