SFX(SH:600370)2020-04-27 16:00Financial Performance - Operating revenue for the reporting period was CNY 203,428,262.34, down 20.61% year-on-year[16]. - Net profit attributable to shareholders was CNY 9,984,543.24, a decrease of 15.68% compared to the same period last year[16]. - The total operating cost for the period was CNY 182,408,837.70, a decrease from CNY 235,222,211.24 in the previous period, representing a reduction of approximately 22.4%[46]. - The net profit for the period was CNY 16,029,828.09, down from CNY 17,121,751.33, indicating a decline of about 6.4% year-over-year[46]. - The company's total revenue for the first quarter was CNY 107,131,344.65, compared to CNY 141,775,129.77 in the previous year, indicating a decline of approximately 24.4%[48]. Cash Flow - Net cash flow from operating activities was CNY 40,168,825.21, down 38.37% year-on-year[16]. - Cash flow from operating activities for the current period was ¥40,168,825.21, a decrease of 38.4% compared to ¥65,179,038.92 in the previous period[55]. - Total cash inflow from operating activities was ¥143,749,743.12, down 38.3% from ¥233,189,444.07 year-over-year[55]. - Cash outflow from operating activities totaled ¥103,580,917.91, a reduction of 38.4% compared to ¥168,010,405.15 in the previous period[55]. - The net cash flow from investing activities was -¥53,000.00, indicating a cash outflow for investments[55]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,770,208,865.82, a decrease of 1.14% compared to the end of the previous year[16]. - Total liabilities amounted to ¥173,583,531.26, a decrease from ¥210,025,849.80 in the previous period, reflecting a significant reduction of approximately 17.4%[36]. - Total equity attributable to shareholders reached ¥1,353,042,525.64, up from ¥1,343,057,982.40, indicating a growth of about 0.7%[36]. - Total current assets decreased to ¥667,274,753.94 from ¥701,255,618.69, indicating a decline of approximately 4.8%[40]. - Total non-current assets slightly decreased to ¥498,289,546.81 from ¥503,195,959.57, reflecting a reduction of about 1.4%[40]. Expenses - Management expenses increased by 59.26% to CNY 8,178,323.21 compared to the previous year[21]. - The company's management expenses rose to CNY 8,178,323.21, compared to CNY 5,135,154.57, marking an increase of about 59.5%[46]. - The tax expenses for the period were CNY 7,482,502.64, down from CNY 8,616,091.97, representing a decrease of about 13.1%[46]. - Cash paid to employees was ¥21,360,983.77, down 31.7% from ¥31,228,277.38 in the previous period[55]. - Cash paid for various taxes was ¥13,046,218.66, an increase of 2.4% compared to ¥12,741,233.56 in the previous period[55]. Receivables and Inventory - Accounts receivable decreased by 35.17% to CNY 70,407,829.36 compared to the beginning of the year[22]. - Accounts receivable decreased compared to the end of the previous year, mainly due to the recovery of prior payments[23]. - Other receivables decreased compared to the end of the previous year, mainly due to the recovery of certain amounts during the period[23]. - Inventory decreased to ¥121,468,642.74 from ¥155,117,273.10, showing a decline of around 21.7%[40]. - Cash received from sales of goods and services decreased compared to the same period last year, primarily due to a decrease in product sales volume, a drop in sales prices, and an increase in bill settlements[23]. Exchange Rate Impact - The impact of exchange rate fluctuations on cash and cash equivalents increased compared to the same period last year, mainly due to exchange gains from the depreciation of the RMB against the USD during the period[23]. - The impact of exchange rate changes on cash and cash equivalents was an increase of ¥651,029.85, compared to an increase of ¥106,026.06 in the previous period[57]. Shareholder Information - The number of shareholders at the end of the reporting period was 30,704[18]. - Unallocated profits increased to ¥377,936,500.26 from ¥367,951,957.02, marking a growth of about 2.7%[36].