建元信托(600816) - 2020 Q1 - 季度财报

Financial Performance - Total operating revenue for the period was CNY 45,395,865.02, a decrease of 75.98% year-on-year[4] - Net profit attributable to shareholders of the listed company was CNY -665,452,527.79, a decline of 313.21% compared to the same period last year[4] - Basic and diluted earnings per share were both CNY -0.1217, reflecting a decrease of 313.13% year-on-year[5] - The weighted average return on equity was -9.12%, a decrease of 103.72 percentage points compared to the previous year[4] - The company anticipates a significant change in cumulative net profit for the year, potentially leading to losses due to liquidity risks from unfulfilled trust projects and related litigation[12] - The total operating revenue for Q1 2020 was -476,901,534.28 CNY, compared to 525,353,987.78 CNY in Q1 2019, indicating a significant decline[23] - The net profit for Q1 2020 was -665,452,527.79 CNY, while the net profit for Q1 2019 was 311,884,676.34 CNY, reflecting a substantial loss[21] - The basic and diluted earnings per share for Q1 2020 were both -0.1217 CNY, compared to 0.0571 CNY in Q1 2019[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 20,251,064,761.45, a decrease of 2.61% compared to the end of the previous year[4] - The total assets decreased from ¥20,793,667,846.30 to ¥20,251,064,761.45, reflecting a decline in overall asset value[15] - The total liabilities increased from ¥11,404,865,128.78 to ¥11,527,714,571.72, indicating a rise in financial obligations[15] - The total liabilities amounted to CNY 12,577,414,361.80 as of March 31, 2020, compared to CNY 12,454,564,918.86 at the end of 2019, marking an increase of approximately 1%[18] - The company's total equity decreased to CNY 7,673,650,399.65 from CNY 8,339,102,927.44, representing a decline of approximately 8%[18] - The company’s total equity attributable to shareholders decreased to CNY 6,965,455,456.43 from CNY 7,630,907,984.22, reflecting a decline of about 8.7%[18] Cash Flow - Net cash flow from operating activities was CNY 171,948,432.03, an increase of 138.80% compared to the same period last year[4] - The net cash flow from operating activities changed from ¥171,948,432.03 to -¥443,115,246.17, an increase of 138.80% primarily due to loan recoveries from structured entities[11] - Net cash flow from operating activities for Q1 2020 was ¥171,948,432.03, a significant improvement from -¥443,115,246.17 in Q1 2019[25] - Cash inflow from operating activities totaled ¥165,955,855.22, compared to ¥853,418,115.90 in the same period last year, indicating a decrease of approximately 80.6%[25] - Cash outflow from operating activities was -¥5,992,576.81, a drastic reduction from -¥1,296,533,362.07 in Q1 2019[25] - Net cash flow from investing activities improved from ¥33,149,744.59 to -¥60,635,392.52, an increase of 154.67% due to net inflows from investments in structured entities[11] - Net cash flow from investing activities was ¥33,149,744.59, recovering from -¥60,635,392.52 in the previous year[26] - The net increase in cash and cash equivalents for Q1 2020 was ¥66,098,176.62, contrasting with a decrease of -¥478,519,714.48 in Q1 2019[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 116,022[8] - The largest shareholder, Shanghai Guozhijie Investment Development Co., Ltd., held 52.44% of the shares, with 2,867,929,342 shares frozen[8] Income and Expenses - The company reported a non-operating income and expenses of CNY -200,000.00 for the period[7] - Commission and fee income decreased significantly from ¥7,172,385.51 to ¥154,095,615.63, a decline of 95.35% attributed to reduced recognized income under accounting standards[11] - Interest expenses rose dramatically from ¥68,853,111.09 to ¥214,034,523.39, an increase of 210.86% due to increased borrowings from the trust guarantee fund[11] - Investment income improved from -¥47,973,640.83 to -¥243,484,678.37, a reduction in loss by 80.30% due to decreased losses from the disposal of financial assets[11] - The total operating costs for Q1 2020 were CNY 272,083,900.15, up from CNY 154,213,956.87 in Q1 2019, indicating an increase of approximately 76%[19] - The total operating expenses for Q1 2020 were 423,845,270.24 CNY, significantly higher than 99,650,437.96 CNY in Q1 2019[24] - The tax expenses for Q1 2020 were -226,545,371.17 CNY, compared to 111,297,057.46 CNY in Q1 2019[24] - The company reported a fair value change loss of -338,702,247.43 CNY in Q1 2020, contrasting with a gain of 651,914,661.52 CNY in Q1 2019[20] - The credit impairment loss for Q1 2020 was -278,433,975.57 CNY, compared to -20,018,332.69 CNY in Q1 2019, indicating a significant increase in credit risk[20]