ZJJF(SH:600668)2020-04-27 16:00Financial Performance - Operating revenue decreased by 25.02% to CNY 53,758.84 million year-on-year[5] - Net profit attributable to shareholders increased by 6.97% to CNY 8,700.36 million compared to the same period last year[5] - Basic and diluted earnings per share rose by 4.85% to CNY 0.3565 per share[5] - The company reported a weighted average return on equity of 3.19%, down 0.44 percentage points from the previous year[5] - Total operating revenue for Q1 2020 was CNY 6,163,749.30, up from CNY 5,237,748.85 in Q1 2019, indicating a growth of about 17.7%[25] - Net profit for Q1 2020 was ¥122,794,198.11, a slight decrease of 2.4% from ¥125,400,387.78 in Q1 2019[23] - The comprehensive income total for Q1 2020 was CNY 124,221,037.08, slightly down from CNY 133,210,632.74 in Q1 2019, representing a decrease of approximately 6.7%[24] - The total profit for Q1 2020 was CNY 142,955,243.08, compared to CNY 120,122,960.86 in Q1 2019, reflecting an increase of approximately 18.9%[26] Cash Flow - Cash flow from operating activities showed a significant decline of 130.91%, resulting in a net cash outflow of CNY -2,709.08 million[5] - Operating cash flow turned negative at -¥27.09 million, a decrease of 130.91% from ¥87.64 million in the previous year, due to reduced cash inflows from operations[11] - Cash inflow from operating activities in Q1 2020 was CNY 616,821,981.01, down from CNY 838,308,570.01 in Q1 2019, a decrease of about 26.4%[28] - The net cash flow from operating activities for Q1 2020 was -207,481,527.65 RMB, compared to -14,048,592.41 RMB in Q1 2019, indicating a significant decline[30] - Cash inflow from investment activities totaled 403,862,529.70 RMB in Q1 2020, up from 341,409,030.35 RMB in Q1 2019, reflecting a 18.5% increase[30] - The net cash flow from investment activities improved to 303,842,529.69 RMB in Q1 2020, compared to -61,166,434.77 RMB in the same period last year[30] - Cash inflow from financing activities was 250,000,000.00 RMB in Q1 2020, an increase from 150,000,000.00 RMB in Q1 2019, representing a 66.7% growth[31] - The net cash flow from financing activities was 94,568,297.68 RMB in Q1 2020, compared to 68,175,240.45 RMB in Q1 2019, showing a 38.6% increase[31] Assets and Liabilities - Total assets increased by 2.48% to CNY 561,077.58 million compared to the end of the previous year[5] - Total assets as of March 31, 2020, amounted to ¥3,844,997,748.25, an increase from ¥3,612,162,653.73 at the end of 2019[20] - Total liabilities as of March 31, 2020, were ¥1,392,226,933.79, compared to ¥1,303,773,921.32 at the end of 2019, reflecting an increase of 6.8%[20] - The company's total equity as of March 31, 2020, was ¥2,452,770,814.46, up from ¥2,308,388,732.41 at the end of 2019, indicating a growth of 6.2%[20] - The company’s total current assets reached ¥1,599,475,659.91, an increase of 18.2% from ¥1,353,569,405.34 in the previous year[19] - The company’s total non-current assets were ¥2,245,522,088.34, a slight decrease from ¥2,258,593,248.39 at the end of 2019[19] Shareholder Information - The total number of shareholders reached 35,114 by the end of the reporting period[9] - The largest shareholder, Jinhua Tongji State-owned Assets Investment Co., Ltd., holds 16.15% of the shares[9] Other Income and Gains - Non-recurring gains and losses totaled CNY 3,565.29 million, primarily from non-current asset disposal gains of CNY 4,177.35 million[7][8] - Other income surged by 193.16% to ¥3.40 million from ¥1.16 million, attributed to higher government subsidies received[11] - Investment income rose by 159.66% to ¥63.20 million from ¥24.34 million, resulting from increased gains from equity transfers[11] - The company reported an investment income of ¥63,195,674.35 in Q1 2020, significantly higher than ¥24,337,816.18 in Q1 2019, marking an increase of 159.5%[23] - The investment income for Q1 2020 was CNY 132,877,478.07, compared to CNY 119,095,339.84 in Q1 2019, representing an increase of approximately 11.6%[26] Operational Developments - The company has not disclosed any new product developments or market expansion strategies in this report[5]