JYT(SH:601908)2020-04-28 16:00Financial Performance - Net profit attributable to shareholders was ¥84,353,203.95, a significant recovery from a loss of ¥15,325,210.69 in the same period last year[11]. - Operating revenue for the quarter was ¥727,535,157.15, representing a 130.86% increase year-on-year[11]. - The weighted average return on equity increased to 1.17%, up by 1.39 percentage points from -0.22% in the same period last year[11]. - Operating revenue increased by 130.86% to ¥727,535,157.15 compared to ¥315,139,980.03 in the previous year[1]. - Operating profit for Q1 2020 was approximately ¥101.63 million, a turnaround from an operating loss of ¥10.72 million in Q1 2019[41]. - Net profit for Q1 2020 was approximately ¥88.58 million, compared to a net loss of ¥18.68 million in Q1 2019, marking a substantial improvement[43]. - The company reported a profit attributable to shareholders of approximately ¥84.35 million in Q1 2020, compared to a loss of ¥15.33 million in Q1 2019[43]. - The company achieved a total profit of approximately ¥101.58 million in Q1 2020, compared to a total loss of ¥13.80 million in Q1 2019[41]. Cash Flow - The net cash flow from operating activities improved to -¥193,921,239.70, compared to -¥313,542,809.32 in the previous year[11]. - Cash inflow from operating activities reached 342,266,438.78 RMB, significantly up from 146,937,594.93 RMB year-over-year[51]. - Total cash outflow for operating activities was 536,187,678.48 RMB, compared to 460,480,404.25 RMB in the previous year[54]. - Net cash flow from investing activities was -49,944,203.99 RMB, worsening from -14,439,469.66 RMB year-over-year[54]. - Cash inflow from financing activities was 749,739,817.92 RMB, down from 1,454,659,370.16 RMB in the previous year[54]. - The ending balance of cash and cash equivalents was 358,524,796.55 RMB, down from 655,791,739.13 RMB in the previous year[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥16,964,391,379.96, an increase of 0.77% compared to the end of the previous year[11]. - Total liabilities increased to ¥9,626,765,728.93 from ¥9,585,680,410.98, reflecting a growth of approximately 0.43%[31]. - Total equity attributable to shareholders rose to ¥7,224,831,581.95, up from ¥7,140,478,378.00, indicating an increase of about 1.18%[31]. - Current assets decreased to ¥3,956,752,869.93 from ¥4,460,853,786.82, representing a decline of approximately 11.3%[35]. - Total liabilities reached $9.59 billion, with current liabilities at $4.59 billion and non-current liabilities at $4.99 billion[63]. - The company reported a total asset value of approximately 10.16 billion[71]. Shareholder Information - The number of shareholders at the end of the reporting period was 42,620, with the top ten shareholders holding significant stakes[13]. - The largest shareholder, Beijing Jingyuntong Daxing Technology Investment Co., Ltd., held 35.12% of the shares, amounting to 700,000,000 shares[13]. Research and Development - Research and development expenses increased by 84.50% to ¥18,100,899.65, reflecting higher investment in R&D[1]. - Research and development expenses increased to approximately ¥18.10 million in Q1 2020, up from ¥9.81 million in Q1 2019, reflecting a focus on innovation[41]. Future Outlook - The company is focusing on expanding its market presence and developing new technologies[70]. - Future guidance indicates a commitment to enhancing product offerings and exploring potential acquisitions[70].