2020-04-29 16:00Financial Performance - Operating revenue for the first quarter was CNY 156,348,355, a decrease of 2.12% year-on-year[5] - Net profit attributable to shareholders was CNY 3,585,324, reflecting a decline of 6.72% compared to the same period last year[5] - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was CNY 3,484,270, down 5.89% year-on-year[5] - The total comprehensive income for Q1 2020 was CNY 3,642,793, compared to CNY 4,243,185 in Q1 2019, a decline of 14.2%[27] - The net profit for the first quarter of 2020 was CNY 687,618,000, compared to CNY 671,586,000 in the same period of 2019, reflecting a slight increase[30] - The total profit for the first quarter of 2020 was CNY 819,234,000, down from CNY 903,833,000 in the first quarter of 2019, indicating a decrease of approximately 9.4%[30] Cash Flow - The net cash flow from operating activities was CNY -38,846,596, indicating a negative cash flow situation[5] - The net cash flow from operating activities for the first quarter of 2020 was -CNY 38,846,596, compared to -CNY 37,473,958 in the first quarter of 2019, showing a worsening cash flow situation[32] - Cash inflow from operating activities totaled CNY 177,485,505 in the first quarter of 2020, down from CNY 190,090,113 in the same period of 2019, a decrease of about 6.7%[32] - Cash outflow from operating activities was CNY 216,332,101 in the first quarter of 2020, compared to CNY 227,564,071 in the first quarter of 2019, indicating a decrease of approximately 4.9%[32] - The net cash flow from financing activities for the first quarter of 2020 was CNY 37,606,879, significantly higher than CNY 17,487,827 in the first quarter of 2019, representing an increase of over 114%[33] - The total cash and cash equivalents at the end of the first quarter of 2020 were CNY 125,697,584, compared to CNY 87,205,305 at the end of the first quarter of 2019, showing an increase of approximately 44%[33] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,094,718,398, an increase of 3.65% compared to the end of the previous year[5] - Total liabilities reached CNY 836,339,491, up from CNY 810,710,931, reflecting an increase of about 3.2%[21] - Current assets totaled CNY 728,308,820, up from CNY 709,530,481 at the end of 2019, indicating an increase of about 2.5%[21] - Total liabilities increased to CNY 178,550,507 from CNY 169,633,389, marking a rise of 5.4%[26] - Non-current liabilities rose significantly to CNY 41,800,475, up from CNY 32,128,405, an increase of 30.0%[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 619,932[8] - The largest shareholder, China Railway Engineering Group Co., Ltd., held 47.21% of the shares[8] Revenue Segments - The infrastructure construction segment generated revenue of RMB 133.82 billion, a decrease of 0.61% year-on-year, with a gross margin of 7.22%[12] - The company’s real estate development segment reported a new contract amount of RMB 3.335 billion, a significant decrease of 65.9% year-on-year[14] - The company signed new contracts worth RMB 337.58 billion in Q1 2020, representing a year-on-year increase of 7.8%[14] Other Financial Metrics - Basic and diluted earnings per share were both CNY 0.132, down 12% from the previous year[5] - The weighted average return on equity decreased by 0.44 percentage points to 1.69%[5] - The company reported a comprehensive gross margin of 9.54%, down 0.47 percentage points year-on-year[12] - Research and development expenses for Q1 2020 were CNY 1,504,112, an increase from CNY 1,432,470 in Q1 2019, indicating a growth of 5.0%[26]