Yuancheng gold(SH:600766)2020-04-28 16:00Financial Performance - Operating revenue for the period was CNY 874,587.46, representing a decline of 47.10% year-on-year [9]. - Net profit attributable to shareholders of the listed company was CNY -56,747.33, an improvement of 84.43% compared to the previous year's loss [5]. - Total operating revenue for Q1 2020 was CNY 874,587.46, a decrease of 47% compared to CNY 1,653,192.09 in Q1 2019 [20]. - Net profit for Q1 2020 was a loss of CNY 56,747.33, an improvement from a loss of CNY 364,466.48 in Q1 2019 [21]. - Comprehensive income for Q1 2020 was CNY -56,747.33, compared to CNY -738,871.17 in Q1 2019 [22]. - Sales revenue from goods and services in Q1 2020 was CNY 265,376.78, significantly lower than CNY 1,093,564.30 in Q1 2019, marking a decline of approximately 76.7% [28]. Cash Flow - Cash flow from operating activities was CNY 63,910.24, down 2.96% from the same period last year [5]. - Cash flow from operating activities in Q1 2020 was CNY 298,496.78, a significant decrease from CNY 1,590,993.80 in Q1 2019 [24]. - Operating cash inflow for Q1 2020 totaled CNY 1,161,399.59, compared to CNY 1,843,911.11 in Q1 2019, reflecting a decrease of approximately 37% [25]. - Net cash outflow from operating activities was CNY 63,910.24, a decline from CNY 65,859.16 in the previous year [25]. - Cash flow from investing activities resulted in a net outflow of CNY 149,790.47, indicating increased investment expenditures compared to the previous period [25]. - Cash flow from financing activities showed a net outflow of CNY 851,028.66, compared to a smaller outflow of CNY 33,000.00 in the prior year [26]. - The total cash and cash equivalents at the end of Q1 2020 were CNY 1,303,447.91, down from CNY 1,475,174.55 at the end of Q1 2019 [26]. - The net cash flow from operating activities was negative at CNY -15,672.74, contrasting with a positive cash flow of CNY 29,821.68 in Q1 2019 [28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 151,734,223.97, a decrease of 0.15% compared to the end of the previous year [5]. - Total current assets as of March 31, 2020, amounted to CNY 142,040,265.45, a slight decrease from CNY 142,174,623.97 as of December 31, 2019 [14]. - Total liabilities as of March 31, 2020, were CNY 90,524,552.52, down from CNY 90,700,353.63, indicating a reduction of approximately 0.2% [15]. - The company reported a total equity of CNY 61,209,671.45 as of March 31, 2020, down from CNY 61,266,418.78 [15]. - The non-current assets totaled CNY 9,693,958.52, a decrease from CNY 9,792,148.44, reflecting a decline of about 1% [14]. - The company’s total liabilities to equity ratio improved slightly, indicating a more favorable leverage position [15]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 34,199 [8]. - The largest shareholder, Xu Chengdong, held 64,640,000 shares, accounting for 28.83% of the total shares [8]. Management and Expenses - The company reported a significant reduction in management expenses, which decreased by 31.02% to CNY 774,756.36 due to changes in the scope of consolidation [9]. - Management expenses for Q1 2020 were CNY 774,756.36, down from CNY 1,123,131.04 in Q1 2019, reflecting a 31% reduction [20]. - The company’s financial expenses dropped by 99.42% to CNY 1,600.15, primarily due to a decrease in borrowings and interest expenses [9]. - Financial expenses for Q1 2020 were CNY 1,600.15, a decrease of 99% compared to CNY 274,567.58 in Q1 2019 [20]. Other Financial Metrics - The company reported an asset impairment loss of CNY 11,525.42 in Q1 2020 [21]. - Basic and diluted earnings per share for Q1 2020 were both CNY -0.00, compared to CNY -0.002 in Q1 2019 [22]. - The total equity attributable to shareholders was CNY 62,484,639.13 as of the end of Q1 2020 [19].