YIMIN GROUP(SH:600824)2020-04-27 16:00Financial Performance - Operating revenue for the reporting period was CNY 247,736,153.44, representing a decrease of 36.36% year-on-year, primarily due to the impact of the COVID-19 pandemic on retail, leasing, and tourism sectors [7]. - Net profit attributable to shareholders was CNY 2,413,932.69, down 96.20% compared to the same period last year [7]. - Basic and diluted earnings per share were both CNY 0.002, down 96.67% from CNY 0.060 in the same period last year [7]. - The company reported a total revenue of CNY 25,367,530.00, a decrease of 35.43% year-on-year [7]. - Total operating revenue for Q1 2020 was ¥253.68 million, a decrease of 35.5% compared to ¥392.87 million in Q1 2019 [25]. - Net profit for Q1 2020 was ¥2.67 million, down 95.77% from ¥63.07 million in Q1 2019 [26]. - Operating profit for Q1 2020 was ¥6.33 million, a decline of 92.14% from ¥80.52 million in Q1 2019 [25]. - The total profit for Q1 2020 was ¥6.40 million, a decrease of 92.19% from ¥81.95 million in Q1 2019 [25]. - The company’s comprehensive income for Q1 2020 was ¥2.67 million, a decrease of 95.77% from ¥63.14 million in Q1 2019 [26]. Cash Flow - The net cash flow from operating activities was negative CNY 36,661,387.01, a decline of 183.42% compared to the previous year [7]. - Cash received from operating activities decreased by 33.66% year-on-year to ¥44,251,355.05, primarily due to reduced rental income amid the pandemic [14]. - In Q1 2020, the cash inflow from operating activities was CNY 282,179,879.69, a decrease of 28.1% compared to CNY 392,437,738.60 in Q1 2019 [30]. - The net cash flow from operating activities was -CNY 36,661,387.01, contrasting with a positive net cash flow of CNY 43,948,441.03 in the same period last year [30]. - Cash inflow from investment activities totaled CNY 19,827,566.84, significantly up from CNY 4,413,433.27 in Q1 2019, marking an increase of 348.5% [30]. - The net cash flow from investment activities was -CNY 253,036,174.61, worsening from -CNY 239,308,787.58 year-over-year [31]. - Cash inflow from financing activities was CNY 400,000,000.00, up from CNY 260,010,305.00 in Q1 2019, representing a 53.8% increase [31]. - The net cash flow from financing activities was -CNY 14,204,564.16, compared to -CNY 4,774,414.64 in the previous year [31]. - The company reported a significant increase in cash outflow for operating activities, totaling CNY 318,841,266.70, compared to CNY 348,489,297.57 in Q1 2019 [30]. - The cash outflow for investment activities was CNY 272,863,741.45, an increase from CNY 243,722,220.85 in the same quarter last year [31]. - The company experienced a net decrease in cash and cash equivalents of -CNY 303,902,125.78 in Q1 2020, compared to -CNY 200,135,758.79 in Q1 2019 [31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,186,897,258.47, a slight increase of 0.17% compared to the end of the previous year [7]. - Total current assets as of March 31, 2020, amounted to ¥1,438,037,167.18, slightly up from ¥1,434,020,805.36 at the end of 2019 [19]. - Total assets as of March 31, 2020, were ¥3,186,897,258.47, compared to ¥3,181,540,782.26 at the end of 2019 [19]. - Total liabilities increased to CNY 920,359,033.19 from CNY 1,112,637,845.27, a decrease of approximately 17.3% [23]. - Current assets decreased to CNY 935,666,904.85 from CNY 1,117,100,659.99, a decline of about 16.3% [22]. - Cash and cash equivalents dropped significantly to CNY 336,259,953.73 from CNY 628,469,557.97, representing a decrease of approximately 46.6% [22]. - The company's total assets decreased to CNY 2,987,287,105.20 from CNY 3,173,652,883.13, a decline of approximately 5.9% [23]. - Accounts payable increased to CNY 62,457,318.68 from CNY 44,102,726.49, an increase of about 41.6% [20]. - The company's retained earnings rose to CNY 540,829,167.72 from CNY 534,916,133.57, an increase of approximately 1.7% [23]. - The total owner's equity increased to CNY 2,514,517,064.69 from CNY 2,511,845,062.99, a slight increase of about 0.1% [20]. - The company reported a total current liability of CNY 593,222,252.29, a marginal increase from CNY 590,237,803.60, reflecting a growth of about 0.5% [20]. Income and Expenses - Interest income increased by 66.29% year-on-year to ¥5,939,104.95, primarily due to increased pawn loan interest income from Shanghai Oriental Pawnshop [14]. - Other income rose by 123.52% year-on-year to ¥247,725.41, mainly due to an increase in government subsidies recognized during the reporting period [14]. - Investment income improved significantly by 238.90% year-on-year to ¥1,390,501.75, attributed to a reduction in stock investment losses [14]. - Credit impairment losses increased by 104.79% year-on-year to -¥1,089,426.08, primarily due to an increase in bad debt provisions for accounts receivable [14]. - The company reported a tax expense of ¥3.72 million in Q1 2020, down 80.3% from ¥18.87 million in Q1 2019 [25]. - The total operating costs decreased to ¥248.03 million in Q1 2020, down 25.6% from ¥332.87 million in Q1 2019 [25].