JNGX(SH:600527)2020-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased by 13.21% to CNY 7,930,356.10 year-on-year[6] - Operating revenue declined by 31.41% to CNY 192,527,519.12 compared to the same period last year[6] - Total operating revenue for Q1 2020 was ¥192,527,519.12, a decrease of 31.4% compared to ¥280,695,775.19 in Q1 2019[23] - Net profit for Q1 2020 was ¥7,930,356.10, a decline of 13.5% from ¥9,137,493.20 in Q1 2019[24] - Total comprehensive income for Q1 2020 was CNY 7,947,542.23, compared to CNY 9,020,203.08 in Q1 2019, representing a decrease of approximately 11.93%[27] - Basic and diluted earnings per share for Q1 2020 were both ¥0.0055, compared to ¥0.0062 in Q1 2019[24] - Basic and diluted earnings per share for Q1 2020 were CNY 0.0055, down from CNY 0.0063 in Q1 2019, indicating a decline of about 12.70%[27] Cash Flow - Net cash flow from operating activities surged by 260.18% to CNY 107,783,124.30 year-on-year[6] - The net cash flow increased by ¥98,913,912.85, a significant improvement compared to the previous year's decrease of ¥114,750,320.89, attributed to increased cash receipts[12] - Cash inflow from operating activities totaled CNY 290,054,765.46 in Q1 2020, compared to CNY 326,976,331.00 in Q1 2019, reflecting a decrease of about 11.29%[29] - Cash outflow from operating activities decreased to CNY 182,271,641.16 in Q1 2020 from CNY 297,051,531.35 in Q1 2019, a reduction of approximately 38.54%[29] - Net cash flow from investing activities was CNY -7,535,961.48 in Q1 2020, an improvement from CNY -139,566,192.13 in Q1 2019, indicating a reduction in cash outflow by about 94.59%[30] - Cash and cash equivalents at the end of Q1 2020 were CNY 484,885,248.56, compared to CNY 887,234,553.83 at the end of Q1 2019, a decrease of approximately 45.40%[30] - The company reported a net increase in cash and cash equivalents of CNY 98,913,912.85 in Q1 2020, contrasting with a net decrease of CNY 114,750,320.89 in Q1 2019[30] - Operating cash flow net amount for the parent company was CNY 106,746,619.61 in Q1 2020, up from CNY 38,949,071.05 in Q1 2019, representing an increase of approximately 173.56%[32] Assets and Liabilities - Total assets increased by 1.31% to CNY 2,520,616,236.16 compared to the end of the previous year[6] - The total assets reached ¥2,520,616,236.16, compared to ¥2,487,932,770.89 at the end of the previous year, indicating a growth of 1.31%[17] - The total liabilities increased to ¥145,264,347.67 from ¥120,511,238.50, representing a rise of approximately 20.59%[17] - Total liabilities increased to ¥145,040,920.21 in Q1 2020 from ¥120,107,134.82 in Q1 2019, representing a growth of 20.8%[20] - The company's equity attributable to shareholders was ¥2,375,351,888.49, up from ¥2,367,421,532.39, showing a growth of about 0.33%[17] - Total equity increased to ¥2,308,389,990.39 in Q1 2020 from ¥2,300,442,448.16 in Q1 2019, a growth of 0.3%[20] Expenses - Sales expenses rose by 54.91% to CNY 3,096,741.25, attributed to higher personnel costs[11] - Research and development expenses for Q1 2020 were ¥6,813,581.20, slightly up from ¥6,361,719.35 in Q1 2019[23] - Financial expenses decreased significantly to ¥750,902.63 in Q1 2020 from ¥4,785,307.65 in Q1 2019, a reduction of 84.3%[23] Investment and Prepayments - Investment income plummeted by 106.17% to a loss of CNY 485,275.42 due to decreased interest income from structured deposits[11] - Prepayments increased significantly by 282.24% to CNY 46,850,786.39 due to increased advance payments[11] - The company adjusted its prepayments to contract liabilities, reflecting a shift in accounting standards[36] Shareholder Information - The number of shareholders reached 92,153 at the end of the reporting period[10] - The company has not indicated any significant changes in its profit forecast for the upcoming reporting period[12] Compliance and Standards - The company executed new revenue and lease standards starting in 2020, impacting the financial statements from the beginning of the year[33] - The company is in compliance with new leasing standards, reflecting a commitment to updated financial practices[41] - The adjustments made in the financial statements are in line with the new accounting standards[41]