锦江在线(600650) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 48.54% to CNY 39,827,845.92 year-on-year[5] - Operating revenue declined by 10.97% to CNY 500,938,481.66 compared to the same period last year[5] - Basic earnings per share decreased by 48.43% to CNY 0.0722[5] - The weighted average return on equity decreased by 1.14 percentage points to 1.15%[5] - Net profit for Q1 2020 was ¥54,106,883.29, a decline of 39.41% from ¥89,268,100.63 in Q1 2019[27] - The profit attributable to shareholders of the parent company was ¥39,827,845.92, down 48.60% from ¥77,394,630.76 in Q1 2019[27] - Earnings per share for Q1 2020 were ¥0.0722, compared to ¥0.1400 in Q1 2019[27] - The company reported a significant decrease in investment income, with only ¥21,013,941.85 received in Q1 2020 compared to ¥6,631,631.98 in Q1 2019[33] Asset and Liability Changes - Total assets decreased by 5.04% to CNY 4,646,610,537.85 compared to the end of the previous year[5] - The company's current assets totaled CNY 1,567,430,051.85, down from CNY 1,683,593,108.67 at the end of 2019, reflecting a decrease of approximately 6.9%[17] - The total liabilities decreased to CNY 775,050,088.35 from CNY 976,795,399.82, representing a reduction of approximately 20.6%[19] - The company's equity attributable to shareholders was CNY 3,446,827,576.44, down from CNY 3,506,073,889.96, a decrease of about 1.7%[19] - Total assets decreased to ¥2,710,197,593.72 from ¥2,836,280,693.55 in the previous year[24] - Total liabilities decreased to ¥281,201,221.20 from ¥293,563,354.85 in the previous year[24] - Total equity decreased to ¥2,428,996,372.52 from ¥2,542,717,338.70 in the previous year[24] Cash Flow Analysis - The net cash flow from operating activities was negative at CNY -21,692,581.73, compared to a positive CNY 36,764,051.73 in the previous year[5] - Cash flow from operating activities for Q1 2020 showed a net outflow of ¥21,692,581.73, compared to a net inflow of ¥36,764,051.73 in Q1 2019[33] - The net cash flow from investment activities was 117,716,503.56, compared to 8,448,275.08 in Q1 2019, indicating a substantial increase in investment returns[37] - The net increase in cash and cash equivalents for Q1 2020 was 112,163,218.72, compared to an increase of 429,821.14 in Q1 2019, showing a notable change in cash flow dynamics[38] Shareholder Information - The total number of shareholders at the end of the reporting period was 67,048[9] - The largest shareholder, Shanghai Jinjiang Capital Co., Ltd., holds 38.54% of the shares[9] Operational Challenges - Total operating revenue for Q1 2020 was ¥500,938,481.66, a decrease of 10.98% compared to ¥562,682,863.44 in Q1 2019[26] - Total operating costs for Q1 2020 were ¥486,723,494.70, down 10.38% from ¥543,122,982.54 in Q1 2019[26] - The operating profit for Q1 2020 was a loss of ¥15,313,892.23, compared to a profit of ¥44,627,997.24 in Q1 2019[29] - The total operating expenses for Q1 2020 were ¥3,577,629.92, significantly higher than the previous year's expenses, indicating increased operational challenges[29] Investment and Financial Management - The company reported non-recurring gains and losses totaling CNY -11,173,635.54 for the period[9] - The company's financial expenses for Q1 2020 were reduced to -¥406,303.58 from -¥1,821,573.25 in Q1 2019, indicating improved cost management[29] - The company did not report any cash inflow from financing activities during Q1 2020, indicating a potential focus on internal funding sources[38]