FJC(SH:600802)2020-04-27 16:00Financial Performance - Operating revenue for the reporting period was CNY 431,873,440.15, a decrease of 25.21% year-on-year[8]. - Net profit attributable to shareholders of the listed company was CNY 75,134,701.00, an increase of 4.27% compared to the same period last year[8]. - Basic earnings per share were CNY 0.197, reflecting a 4.27% increase year-on-year[8]. - Total revenue for Q1 2020 was ¥431,873,440.15, a decrease of 25.3% compared to ¥577,410,697.20 in Q1 2019[36]. - Net profit for Q1 2020 was ¥82,409,100.75, slightly down from ¥82,960,305.66 in Q1 2019, representing a decrease of 0.7%[36]. - The company's total comprehensive income for Q1 2020 was -¥80.33 million, compared to ¥100.03 million in Q1 2019[40]. - The net profit for Q1 2020 was ¥12.22 million, down 30.5% from ¥17.56 million in Q1 2019[40]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,881,685,172.07, a decrease of 1.32% compared to the end of the previous year[8]. - The company's current assets totaled RMB 868,105,768.40 as of March 31, 2020, down from RMB 901,965,131.89 at the end of December 2019, reflecting a decrease of approximately 3.5%[26]. - Total liabilities decreased to RMB 2,393,668,433.95 from RMB 2,433,413,666.10, a reduction of about 1.6%[28]. - The company's equity attributable to shareholders decreased to RMB 1,377,210,223.37 from RMB 1,395,365,288.04, a decline of approximately 1.3%[28]. - The total assets reached 3,933,549,370.87 RMB, with current assets totaling 901,965,131.89 RMB[48]. - The total liabilities amounted to 2,433,413,666.10 RMB, with current liabilities at 2,247,825,933.25 RMB[49]. Cash Flow - The net cash flow from operating activities was CNY -156,741,283.97, a decrease of 566.85% compared to the previous year[8]. - Cash received from operating activities decreased by 53.90% to 14,599,117.02, largely due to a prior year's return of ecological guarantee deposits[20]. - The cash flow from operating activities for Q1 2020 was -¥156.74 million, a significant decline from ¥33.57 million in Q1 2019[42]. - The cash outflow from operating activities in Q1 2020 was ¥1,125.26 million, compared to ¥722.02 million in Q1 2019[45]. - The net cash flow from investment activities was -136,159,295.67 RMB, a significant decrease compared to -1,361,792.36 RMB in the previous period[46]. - Cash inflow from financing activities amounted to 649,781,895.83 RMB, an increase from 595,000,000.00 RMB year-over-year[46]. Shareholder Information - The total number of shareholders at the end of the reporting period was 45,554[11]. - The largest shareholder, Fujian Provincial Building Materials (Holding) Co., Ltd., held 28.78% of the shares[11]. Inventory and Receivables - Accounts receivable increased by 727,615.07, attributed to timing differences in customer settlements for key projects[15]. - Inventory increased by 64.17% to 216,824,896.53, primarily due to decreased cement production and sales caused by the pandemic[16]. - The company reported a significant increase in inventory, which rose to RMB 216,824,896.53 from RMB 132,071,514.68, indicating a growth of approximately 64.2%[26]. - Other receivables increased to ¥1,009,011,184.25 from ¥1,004,149,642.40, showing a marginal increase of 0.5%[32]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,555,187.09 during the reporting period[10]. - Other income fell by 50.09% to 1,555,187.09, reflecting a reduction in government subsidies received in the previous year[18]. Financial Investments - The fair value change of equity investments decreased by 212.21% to -92,548,345.50, due to market fluctuations in held stocks[19]. - The company has long-term equity investments valued at approximately CNY 1.65 billion[53].