XLDY(SH:600769)2020-04-26 16:00Financial Performance - Operating revenue increased by 14.26% to CNY 6,245,957.90 year-on-year[6] - Net profit attributable to shareholders decreased by 27.94% to CNY 630,106.05 compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses increased by 24.78% to CNY 1,006,569.65[6] - Total revenue for Q1 2020 was CNY 6,245,957.90, an increase of 14.2% compared to CNY 5,466,238.11 in Q1 2019[26] - Net profit for Q1 2020 was CNY 630,106.05, compared to CNY 874,457.02 in Q1 2019, reflecting a decrease of 28%[27] - Revenue for Q1 2020 reached ¥4,109,941.25, a significant increase of 49.2% compared to ¥2,752,402.63 in Q1 2019[30] - Net profit for Q1 2020 was ¥1,030,989.66, an increase of 26.6% compared to ¥814,478.36 in Q1 2019[31] Cash Flow - Net cash flow from operating activities improved by 77.79% to CNY -1,951,309.47 compared to the previous year[6] - Cash received from other operating activities increased by 160.22% to 1,264,635.38 RMB in Q1 2020[15] - Cash flow from operating activities in Q1 2020 was negative at -¥1,951,309.47, an improvement from -¥8,785,652.21 in Q1 2019[33] - Cash inflow from operating activities totaled ¥8,105,345.29 in Q1 2020, compared to ¥5,839,721.09 in Q1 2019[33] - Cash outflow from operating activities was ¥10,056,654.76 in Q1 2020, a decrease from ¥14,625,373.30 in Q1 2019[33] - The net cash flow from operating activities was $10,452,231.69, a significant increase compared to $662,236.00 in the previous period[38] Assets and Liabilities - Total assets decreased by 3.93% to CNY 134,292,739.29 compared to the end of the previous year[6] - The total assets of the company as of March 31, 2020, were 134,292,739.29 RMB, down from 139,787,242.40 RMB at the end of 2019[18] - The company's total liabilities decreased to 78,060,826.38 RMB from 84,185,435.54 RMB in the previous year[20] - Total liabilities increased to CNY 87,724,284.03 in Q1 2020, compared to CNY 79,112,219.68 in Q1 2019[24] - Current assets totaled CNY 35,563,153.09 as of March 31, 2020, up from CNY 24,539,999.18 at the end of 2019[23] - The company's total equity increased slightly to 56,231,912.91 RMB from 55,601,806.86 RMB in Q1 2019[21] - The company’s total equity increased to CNY 55,399,513.39 as of March 31, 2020, compared to CNY 54,368,523.73 at the end of 2019[24] Inventory and Receivables - Inventory increased by 41.29% to CNY 7,301,092.54 primarily due to uncompleted project settlements[14] - Other receivables rose by 79.77% to CNY 878,023.58, attributed to delayed collections impacted by the pandemic[14] Financial Ratios and Returns - The weighted average return on equity decreased by 0.52 percentage points to 1.13%[6] - The company reported a gross profit margin of approximately 10.7% for Q1 2020, down from 15.5% in Q1 2019[26] - Basic and diluted earnings per share for Q1 2020 remained at CNY 0.002, unchanged from Q1 2019[28] Other Financial Metrics - The company reported a significant increase in trading financial assets by 198.55% to CNY 14,525,365.43 due to investments in financial products[14] - The company's financial expenses increased by 121.03% to -3,933.99 RMB in Q1 2020, primarily due to delays in expenses caused by the pandemic[15] - Investment income decreased by 100% to 0 RMB in Q1 2020, as financial products had not matured[15] - The company experienced a 100% decline in fair value changes, reporting -899,820.94 RMB in Q1 2020[15] - Operating profit was reported at 106,748.71 RMB, a decrease of 87.83% compared to the previous year[15] - The company recorded other income of 523,357.34 RMB, an increase of 87,126.22% due to the write-off of historical receivables[15]