江西长运(600561) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was approximately CNY 609.68 million, down 13.49% year-on-year[6] - Net profit attributable to shareholders was approximately CNY 2.30 million, a decrease of 39.89% compared to the same period last year[6] - Cash flow from operating activities was approximately CNY 80.37 million, down 52.05% year-on-year[6] - The weighted average return on equity decreased by 0.11 percentage points to 0.16%[6] - Total operating revenue for Q1 2019 was CNY 609,680,662.42, a decrease of 13.5% compared to CNY 704,731,867.81 in Q1 2018[32] - Total operating costs for Q1 2019 were CNY 688,087,452.12, down from CNY 745,950,167.46 in Q1 2018, reflecting a reduction of 7.7%[32] - Net profit for Q1 2019 was CNY 15,645,952.05, an increase of 37.5% compared to CNY 11,380,147.12 in Q1 2018[32] - The net profit attributable to the parent company was ¥2,299,113.25, down from ¥3,824,726.24 in the same period last year, representing a decline of 39.9%[33] - The total comprehensive income for the parent company was ¥2,299,113.25, compared to ¥3,824,726.24 in Q1 2018, reflecting a decrease of 39.9%[33] - The basic and diluted earnings per share were both ¥0.01, down from ¥0.02 in Q1 2018[33] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 6.14 billion, a decrease of 0.44% compared to the end of the previous year[6] - The company has a total liability of approximately 3.39 billion yuan, down from 3.51 billion yuan at the end of the previous year[22] - Total assets as of March 31, 2019, amounted to CNY 4,404,002,546.13, slightly down from CNY 4,406,541,482.60 at the end of 2018[28] - Total liabilities as of March 31, 2019, were CNY 3,267,606,561.21, compared to CNY 3,248,084,548.59 at the end of 2018, indicating an increase of 0.6%[28] - Shareholders' equity totaled CNY 1,136,395,984.92 as of March 31, 2019, down from CNY 1,158,456,934.01 at the end of 2018[28] Cash Flow - Cash flow from operating activities decreased by 42.41 million yuan compared to the same period last year[9] - The net cash flow from operating activities was ¥80,371,910.99, a decrease of 52.0% from ¥167,614,402.11 in Q1 2018[38] - The cash inflow from operating activities totaled ¥808,195,943.82, down from ¥927,949,725.79 in the same quarter last year, a decrease of 12.9%[38] - The cash outflow from operating activities was ¥727,824,032.83, compared to ¥760,335,323.68 in Q1 2018, reflecting a decrease of 4.3%[38] - The net cash flow from operating activities was -¥75,796,891.46, contrasting sharply with a positive cash flow of ¥113,991,499.84 in the same period last year[41] - The company experienced a net decrease in cash and cash equivalents of -¥29,108,130.95 in Q1 2019, compared to a decrease of -¥140,531,846.26 in the same quarter last year[42] Shareholder Information - The number of shareholders at the end of the reporting period was 14,409[11] - The largest shareholder, Jiangxi Changyun Group Co., Ltd., held 27.70% of the shares, with 32.8 million shares pledged[11] Investments and Financing - The company recorded a net cash outflow from investing activities of approximately CNY 53.00 million, a significant improvement compared to the previous year[14] - The net cash flow from investing activities changed significantly, with cash paid for investments decreasing by 199.04 million yuan compared to the previous year[10] - The net cash flow from financing activities increased by 140 million yuan due to new borrowings and a bond issuance of 100 million yuan[11] - The company raised ¥440,000,000.00 through loans and ¥100,000,000.00 from bond issuance in Q1 2019, indicating strong financing activity[41] - The cash outflow for debt repayment was ¥499,000,000.00, which is a significant increase from ¥250,000,000.00 in Q1 2018[42] Other Financial Metrics - The company reported a significant increase in accounts receivable, which rose by 122.33% to approximately CNY 20.74 million[13] - Other current assets decreased by 74.53% to approximately CNY 12.36 million due to reclassification adjustments[13] - The company recorded other income of CNY 97,269,414.15 in Q1 2019, an increase from CNY 65,329,510.29 in Q1 2018[32] - Other income increased due to government subsidies received by subsidiaries, contributing positively to the financial results[6] - The company is actively pursuing legal measures to recover outstanding debts from various parties, indicating a focus on improving cash flow[18] - The company reported a decrease in inventory from CNY 45,554.05 to CNY 7,712.40, a reduction of 83.1%[26] - Long-term borrowings were CNY 305,550,240.00, down from CNY 311,550,240.00, a decrease of 1.3%[27] - The company reported an investment loss of ¥230,104.57, slightly worse than the loss of ¥211,578.48 in Q1 2018[35] - The financial expenses for the quarter were ¥16,431,993.41, compared to ¥17,126,155.50 in the previous year, indicating a reduction of 4.0%[35]