Shenergy(SH:600642)2020-04-27 16:00Financial Performance - Operating revenue for the current period was CNY 5,324,894,423.37, representing a decline of 54.88% year-on-year[5] - Net profit attributable to shareholders was CNY 453,072,167.28, down 17.75% from the previous year[5] - Basic earnings per share were CNY 0.092, down 23.97% from CNY 0.121 in the same period last year[5] - The company reported a significant decrease in fair value gains, with a loss of CNY 82,414,224.25 compared to a gain of CNY 184,820,182.16 in the previous year[11] - The operating profit for Q1 2020 was ¥196.86 million, a significant decline of 59.2% from ¥483.31 million in Q1 2019[20] - The company's net profit for Q1 2020 was approximately ¥575.19 million, a decrease of 14.6% compared to ¥673.79 million in Q1 2019[19] - The total comprehensive income for Q1 2020 was ¥553.27 million, compared to ¥707.15 million in Q1 2019, indicating a decline of 21.7%[19] Cash Flow - Net cash flow from operating activities was CNY 1,382,837,374.10, a decrease of 22.97% compared to the same period last year[5] - Cash received from sales and services was CNY 6,021,506,340.82, a decline of 55.50% from CNY 13,531,525,119.41 in the same period last year[12] - Cash paid for goods and services was CNY 3,978,611,083.27, down 63.83% from CNY 11,001,110,923.16 in Q1 2019[12] - The net cash flow from investment activities was -CNY 1,126,208,757.22, worsening from -CNY 788,196,824.44 in Q1 2019[21] - Cash inflow from financing activities was CNY 4,135,901,806.12, an increase of 22.5% compared to CNY 3,376,879,972.65 in Q1 2019[21] - The total cash and cash equivalents at the end of Q1 2020 was CNY 9,738,097,123.91, an increase from CNY 8,208,284,578.48 in Q1 2019[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 67,028,793,775.39, a decrease of 1.35% compared to the end of the previous year[5] - Total liabilities decreased to CNY 36,000,000,000.00, reflecting a reduction in short-term borrowings[15] - Long-term receivables decreased by 99.60% to CNY 8,500,000.00 from CNY 2,112,189,312.51 due to loss of control over a leasing company[11] - Total current liabilities were CNY 16,550,685,313.91 as of January 1, 2020, unchanged from the previous period[24] - Total non-current liabilities also remained stable at CNY 13,528,831,476.30 as of January 1, 2020[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 133,271, with the largest shareholder holding 53.47% of the shares[7] - Total equity attributable to shareholders was CNY 29,603,575,069.37 as of January 1, 2020, unchanged from December 31, 2019[24] Other Financial Indicators - The weighted average return on net assets decreased by 0.58 percentage points to 1.52%[5] - Financial expenses increased by 68.30% to CNY 201,806,292.78 due to new unit production[11] - The company reported a non-operating income of CNY 42,002,204.23 from the disposal of non-current assets, primarily from the sale of a 20% stake in a leasing company[6] - Government subsidies recognized in the current period amounted to CNY 8,490,646.15[6] - The company did not report any significant changes in accounting items or financial indicators during the reporting period[10]