Tuopu Group(SH:601689)2020-04-28 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 113,693,185.36, a slight increase of 0.14% year-on-year[6]. - Operating income for the period was CNY 1,208,384,143.64, down 2.98% compared to the same period last year[6]. - Basic earnings per share decreased by 31.25% to CNY 0.11 from CNY 0.16 in the previous year[6]. - The weighted average return on net assets was 1.53%, a decrease of 0.03 percentage points compared to the previous year[6]. - Total operating revenue for Q1 2020 was ¥1,208,384,143.64, a decrease of 2.5% compared to ¥1,245,540,936.03 in Q1 2019[24]. - Net profit for Q1 2020 was ¥113,941,714.28, slightly up from ¥112,882,965.47 in Q1 2019, indicating a growth of 0.9%[25]. - Total comprehensive income for Q1 2020 was CNY 85.66 million, compared to CNY 115.19 million in Q1 2019[28]. - Total profit for Q1 2020 was CNY 104.92 million, down 21.6% from CNY 134.06 million in Q1 2019[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,093,054,085.22, a decrease of 1.26% compared to the end of the previous year[6]. - Total liabilities decreased to CNY 3,583,711,637.38 from CNY 3,829,664,988.34, a decrease of about 6.43%[19]. - Current liabilities decreased to CNY 3,210,167,774.16 from CNY 3,426,757,516.53, a reduction of approximately 6.31%[18]. - Long-term borrowings decreased to CNY 150,000,000.00 from CNY 182,500,000.00, a reduction of about 17.74%[19]. - Total liabilities decreased to ¥1,680,642,931.04 in Q1 2020 from ¥1,859,742,543.60 in Q1 2019, a reduction of 9.6%[24]. - The total current liabilities were reported at 3,066,000,000.00 RMB, with short-term borrowings at 500,318,635.16 RMB[36]. Cash Flow - Net cash flow from operating activities was CNY 83,589,140.53, an increase of 11.18% year-on-year[6]. - Cash flow from operating activities was CNY 83.59 million, an increase of 11.4% compared to CNY 75.18 million in Q1 2019[31]. - The cash inflow from operating activities was significantly lower at 339,282,680.57 RMB in Q1 2020 compared to 568,049,800.38 RMB in Q1 2019, a decrease of approximately 40%[33]. - The company reported a cash outflow from financing activities of 36,591,803.93 RMB in Q1 2020, compared to an inflow of 615,858.95 RMB in Q1 2019, indicating a shift in financing strategy[34]. - Cash flow from investment activities generated a net inflow of CNY 62.57 million, compared to CNY 112.45 million in Q1 2019[31]. Shareholder Information - The total number of shareholders at the end of the reporting period was 40,575, with the largest shareholder holding 65.75% of the shares[8]. - The total equity attributable to shareholders reached CNY 7,375,492,362.88, while total equity and liabilities combined were CNY 11,234,314,273.34[37]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 4,138,818.29, which are closely related to its normal business operations[7]. - Other income rose by 18.52% to ¥4.14 million, attributed to an increase in government subsidies related to daily activities[11]. Changes in Financial Position - The company’s financial assets decreased by 34.62% to ¥510 million as of March 31, 2020, compared to ¥780 million at the end of 2019, primarily due to a reduction in financial management amounts[10]. - Accounts receivable increased by 40.91% to ¥621 million from ¥440 million, mainly due to the receipt of acceptance bills during the period[10]. - The company’s other receivables decreased by 40.72% to ¥8.29 million from ¥13.98 million, mainly due to the receipt of government refunds[10]. - Cash and cash equivalents decreased to CNY 339,180,289.80 from CNY 381,471,584.55, a decline of approximately 11.09%[19]. - Cash and cash equivalents at the end of Q1 2020 totaled CNY 825.32 million, down from CNY 919.20 million at the end of Q1 2019[32].