CJJG(SH:600496)2020-04-29 16:00Financial Performance - Operating revenue for the first quarter reached CNY 2,352,022,262.02, a 6.13% increase year-on-year[12] - Net profit attributable to shareholders increased by 20.45% to CNY 127,012,649.46 compared to the same period last year[12] - The company reported a basic earnings per share of CNY 0.0702, up 20.62% year-on-year[12] - The net profit for the current period is 125,846,411.68 RMB, an increase from 105,145,412.16 RMB in the previous period, representing a growth of approximately 19.5%[43] - The total profit for the current period is 136,543,459.29 RMB, compared to 120,609,818.20 RMB in the previous period, indicating an increase of about 13.2%[43] - The operating profit for the current period is 133,623,136.16 RMB, up from 120,395,791.50 RMB, reflecting a growth of approximately 11.0%[43] - The profit attributable to the parent company's shareholders is 127,012,649.46 RMB, an increase from 105,445,408.42 RMB in the previous period, representing a growth of approximately 20.4%[43] Assets and Liabilities - Total assets increased by 2.50% to CNY 14,109,454,684.60 compared to the end of the previous year[12] - Total assets amounted to ¥14,109,454,684.60, up from ¥13,765,301,183.43, showing growth in the asset base[29] - Current liabilities totaled ¥8,417,200,229.41, compared to ¥8,188,084,887.87 in the previous period, indicating an increase in short-term obligations[31] - The company's total equity increased to ¥5,392,226,999.81 from ¥5,282,907,474.06, reflecting a growth in shareholder value[31] - Total liabilities reached CNY 8,482,393,709.37, a decrease of CNY 8,650,392.78 from the previous period[64] - Shareholders' equity totaled CNY 5,282,907,474.06, reflecting a decrease of CNY 17,026,104.79[64] Cash Flow - Net cash flow from operating activities decreased by 10.29% to CNY 252,312,551.54 compared to the previous year[12] - The cash flow from operating activities was positively impacted by a significant increase in other income and government subsidies[22] - Operating cash inflow totaled CNY 2,809,397,371.13, an increase from CNY 2,764,302,515.71 year-over-year[51] - Operating cash outflow amounted to CNY 2,557,084,819.59, compared to CNY 2,483,041,564.54 in the previous year[51] - Cash inflow from financing activities reached CNY 816,662,371.85, significantly higher than CNY 427,000,000.00 in the prior year[53] - Cash outflow from financing activities was CNY 923,115,213.86, compared to CNY 541,609,623.39 in the previous year[53] Income and Expenses - Tax and additional charges increased by 46.38% to CNY 6,774,321.46 compared to the previous period[19] - The company reported a decrease in tax expenses by 30.83% to ¥10,697,047.61, primarily due to additional deductions for high-tech enterprises[22] - Total operating costs for Q1 2020 were CNY 2,217,461,267.30, up from CNY 2,111,166,837.04 in Q1 2019, reflecting a year-over-year increase of 5.0%[40] Shareholder Information - The number of shareholders reached 115,228 by the end of the reporting period[15] Other Income and Impairments - Other income increased by 420.31% to ¥15,784,295.37, primarily due to government subsidies received during the period[22] - Asset impairment losses decreased by 73.50% to ¥3,213,136.55, mainly due to adjustments in financial statement reporting[22] - The company reported a credit impairment loss of 20,132,154.47 RMB for the current period[43] - The company recorded an asset impairment loss of 3,213,136.55 RMB in the current period, compared to 12,125,642.87 RMB in the previous period, indicating a decrease in losses[43] Inventory and Receivables - Long-term receivables increased by 50.76% to CNY 25,015,820.32 compared to the beginning of the year[19] - Inventory decreased significantly to CNY 156,876,914.64 from CNY 544,719,227.67, indicating a reduction of approximately 71.2%[35]