珠江股份(600684) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 56.44% to CNY 210.89 million compared to the same period last year[6] - Net profit attributable to shareholders was a loss of CNY 79.76 million, a decrease of 214.75% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY -0.09, a decrease of 212.50% compared to the same period last year[7] - Total revenue for Q1 2020 was CNY 210,886,865.12, a decrease of 56.5% compared to CNY 484,161,323.11 in Q1 2019[43] - Net loss for Q1 2020 was CNY 82,432,373.16, compared to a net profit of CNY 67,198,133.32 in Q1 2019, indicating a significant decline in profitability[44] - The company's operating revenue for Q1 2020 was ¥45,300,692.71, a decrease of 68.96% compared to ¥145,804,646.84 in Q1 2019[46] Assets and Liabilities - Total assets increased by 6.25% to CNY 25.19 billion compared to the end of the previous year[6] - The total liabilities rose from 19,421,130,117.37 yuan to 21,292,936,483.15 yuan, indicating an increase of approximately 9.6%[38] - The company's total assets as of March 31, 2020, were CNY 10,205,191,954.27, down from CNY 10,758,220,456.75 at the end of 2019, reflecting a decrease of 5.1%[40] - Total liabilities decreased to CNY 8,345,805,378.70 as of March 31, 2020, from CNY 8,823,259,665.86 at the end of 2019, a reduction of 5.4%[41] - The total assets amounted to 23,710,224,031.44 RMB, a decrease of 1,919,617,783.53 RMB compared to the previous period[56] Cash Flow - Cash flow from operating activities was a negative CNY 84.46 million, compared to a negative CNY 206.14 million in the same period last year[6] - The cash flow from operating activities for Q1 2020 was a net outflow of ¥84,456,997.22, an improvement from a net outflow of ¥206,139,068.41 in Q1 2019[49] - The cash flow from investing activities generated a net inflow of ¥240,547,858.76 in Q1 2020, compared to a net outflow of ¥880,086,037.99 in Q1 2019[50] - The cash flow from financing activities resulted in a net outflow of ¥844,359,350.94 in Q1 2020, a decrease from a net inflow of ¥935,246,535.22 in Q1 2019[50] Shareholder Information - The total number of shareholders was 42,406 at the end of the reporting period[9] - The total equity attributable to shareholders decreased to CNY 1,859,386,575.57 from CNY 1,934,960,790.89, a decline of 3.9%[41] Revenue Recognition Changes - Revenue decreased by 56.44% year-on-year, as the company adopted a new revenue recognition principle starting January 1, 2020, with no new completed projects during the period[13] - The company adjusted its financial statements to reflect the new revenue recognition standards, impacting various asset and liability accounts[58] Other Financial Metrics - Cash and cash equivalents decreased by 34.84% compared to the end of the previous year, mainly due to loan repayments[10] - Financial expenses increased by 143.41% year-on-year, mainly due to reduced interest income from debt investments[15] - Investment income increased by 4.70 million yuan year-on-year, primarily from increased returns on financial products[16] - Cash received from investment income increased by 111.38% year-on-year, mainly due to higher returns from financial investments[23]