ZZPZH(SH:600436)2020-04-24 16:00Financial Performance - Net profit attributable to shareholders rose by 15.69% to CNY 467,813,514.04 year-on-year[4] - Operating revenue grew by 15.51% to CNY 1,714,451,455.41 compared to the same period last year[4] - Basic and diluted earnings per share increased by 16.42% to CNY 0.78[4] - Total operating revenue for Q1 2020 was CNY 1,714,451,455.41, an increase of 15.4% compared to CNY 1,484,289,264.63 in Q1 2019[23] - Net profit for Q1 2020 reached CNY 478,421,456.32, up 16.1% from CNY 411,898,974.59 in Q1 2019[23] - Operating profit for Q1 2020 was CNY 558,575,701.97, an increase of 15.3% from CNY 484,639,426.14 in Q1 2019[23] - Total comprehensive income for Q1 2020 was CNY 443,309,590.23, down 11.6% from CNY 501,644,554.87 in Q1 2019[24] - The company reported investment income of CNY 15,611,035.77, which is a significant increase from CNY 7,646,507.74 in Q1 2019[23] Assets and Liabilities - Total assets increased by 4.65% to CNY 9,220,157,032.74 compared to the end of the previous year[4] - The total assets of the company reached ¥9,220.16 million, an increase from ¥8,810.80 million at the beginning of the period[17] - Current liabilities totaled approximately $1.68 billion, a decrease of about 3.73% from $1.75 billion in the previous period[18] - Total liabilities amounted to approximately $412.46 million, an increase of 24.59% from $330.90 million[21] - Total current liabilities were approximately ¥1.75 billion, with a notable decrease in prepayments by approximately ¥100.58 million[33] - Total liabilities amounted to approximately ¥1.84 billion as of January 1, 2020[33] Cash Flow - Net cash flow from operating activities decreased by 39.18% to CNY 303,830,749.95 compared to the previous year[4] - The company experienced a cash outflow for operating activities of ¥1,255,236,253.45 in Q1 2020, an increase of 14.3% from ¥1,098,638,748.46 in Q1 2019[28] - The total cash and cash equivalents at the end of Q1 2020 amounted to ¥2,113,723,241.09, down from ¥2,753,701,078.33 in the same period last year, reflecting a decrease of 23.2%[29] - Cash inflow from financing activities totaled ¥451,647,900.00 in Q1 2020, compared to ¥185,000,000.00 in Q1 2019, indicating a growth of 144.3%[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 65,071[8] - The largest shareholder, Zhangzhou Jiulongjiang Group Co., Ltd., holds 57.92% of the shares[8] Expenses - The company's sales expenses increased by 46.01% to ¥15,952.50 million compared to ¥10,925.52 million in the same period last year[13] - Research and development expenses surged by 64.87% to ¥3,090.23 million from ¥1,874.35 million year-on-year[13] - The total operating costs for Q1 2020 were CNY 1,160,263,119.63, an increase of 15.6% compared to CNY 1,004,287,694.71 in Q1 2019[23] Government Support - The company received government subsidies amounting to CNY 2,183,683.12 during the reporting period[5] Other Financial Metrics - The weighted average return on equity decreased by 0.85 percentage points to 6.83%[4] - The company reported a significant decrease in non-operating income and expenses, totaling CNY 5,278,060.81[7] - The company reported an increase in investment income by 104.16% to ¥1,561.10 million compared to ¥764.65 million in the previous year[14] - Other comprehensive income decreased to approximately $183.00 million, down 11.83% from $207.62 million[21]