BBMG(SH:601992)2020-04-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 13.72 billion, a decrease of 14.32% year-on-year, primarily due to the impact of the COVID-19 pandemic[4] - Net profit attributable to shareholders was CNY 136.74 million, down 67.59% from the previous year[4] - Basic earnings per share decreased by 75% to CNY 0.01 compared to CNY 0.04 in the previous year[4] - Total profit decreased by 126.97% year-on-year, primarily impacted by the COVID-19 pandemic[10] - The net operating profit for Q1 2020 was reported at CNY -239.95 million, contrasting with a profit of CNY 691.02 million in Q1 2019[19] - The net profit for Q1 2020 was a loss of approximately ¥215.70 million, compared to a profit of ¥387.30 million in the same period last year[20] - The total comprehensive income for Q1 2020 was a loss of approximately ¥236.12 million, compared to a profit of ¥400.90 million in the previous year[20] Cash Flow - The net cash flow from operating activities improved to -CNY 3.79 billion, a 9.99% increase compared to -CNY 4.21 billion in the same period last year[4] - The cash inflow from operating activities was approximately ¥15.04 billion, a slight decrease from ¥15.08 billion in Q1 2019[24] - The net cash outflow from operating activities was approximately -¥3.79 billion, an improvement compared to -¥4.21 billion in Q1 2019[24] - The cash inflow from investment activities totaled approximately ¥152.56 million, significantly down from ¥860.75 million in Q1 2019[24] - The net cash outflow from investment activities was approximately -¥1.46 billion, worsening from -¥941.19 million in Q1 2019[25] - The cash inflow from financing activities was approximately ¥19.75 billion, down from ¥27.27 billion in Q1 2019[25] - The net cash flow from financing activities was approximately ¥5.46 billion, a decrease from ¥7.38 billion in Q1 2019[25] - The net increase in cash and cash equivalents was approximately ¥204.67 million, a significant drop from ¥2.22 billion in Q1 2019[25] - The ending balance of cash and cash equivalents was approximately ¥15.53 billion, compared to ¥15.74 billion at the end of Q1 2019[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 284.02 billion, an increase of 0.67% compared to the end of the previous year[4] - The total current assets as of March 31, 2020, amounted to CNY 176.92 billion, compared to CNY 174.50 billion as of December 31, 2019[13] - The total assets as of March 31, 2020, were CNY 284.02 billion, an increase from CNY 282.12 billion as of December 31, 2019[14] - The total liabilities as of March 31, 2020, were CNY 202.05 billion, compared to CNY 199.59 billion as of December 31, 2019[15] - Total current assets reached CNY 90.50 billion, up from CNY 83.24 billion year-over-year, indicating an increase of about 8.5%[17] - Total liabilities increased to CNY 103.22 billion from CNY 95.76 billion, reflecting a rise of approximately 7.6%[17] - The total equity attributable to shareholders decreased to CNY 48.83 billion from CNY 49.10 billion, a decline of about 0.5%[18] Operational Highlights - The company has resumed production and operations, with cement and clinker daily dispatch volumes reaching or exceeding last year's levels[10] - The real estate demand suppressed by the pandemic is gradually being released, with a rapid recovery in first- and second-tier cities[10] - Operating expenses decreased by 50.44% year-on-year, mainly due to reduced compensation and penalties during the reporting period[10] - The company reported a significant increase of 106.5% in trading financial assets compared to the beginning of the year, mainly due to the purchase of money market funds[9] - The company recorded a 258.6% increase in non-operating income, primarily from receiving additional government subsidies[9] Shareholder Information - The number of shareholders at the end of the reporting period was 156,744, with the top ten shareholders holding a combined 96.67% of shares[7]