CBMT(SH:603099)2020-04-22 16:00Financial Performance - Operating revenue fell by 71.87% to CNY 13,860,851.84 year-on-year[12] - Net profit attributable to shareholders was a loss of CNY 29,454,440.24, representing a 17.27% increase in loss compared to the same period last year[12] - The diluted earnings per share was -CNY 0.11, a decrease of 22.22% compared to the previous year[12] - The company reported a total comprehensive income of -29,454,440.24 RMB, which is a decrease from -25,115,737.20 RMB year-over-year[46] - Operating profit was reported at -30,403,231.94 RMB, compared to -25,065,209.80 RMB in the previous year, showing a worsening of around 21%[44] - The company reported a total comprehensive income of -25,408,157.71 RMB, compared to -22,284,247.03 RMB in the previous year, indicating a decline in overall financial performance[52] Cash Flow - Net cash flow from operating activities was negative at CNY -26,173,757.44, worsening from CNY -11,326,245.81 in the previous year[12] - Total cash inflow from operating activities was 24,930,813.89 RMB, down 62.4% from 66,323,069.38 RMB in the same period last year[52] - Cash outflow from operating activities reached 51,104,571.33 RMB, a decrease of 34.2% compared to 77,649,315.19 RMB in Q1 2019[52] - The company experienced a net cash flow from investing activities of -35,257,906.58 RMB, compared to -24,824,373.71 RMB in Q1 2019, reflecting increased investment expenditures[54] - The company secured 16,970,512.88 RMB in cash from financing activities, an increase from 8,580,000.00 RMB in Q1 2019, indicating improved financing efforts[54] - The net cash flow from financing activities was 15,423,832.03 RMB, up from 7,826,425.84 RMB in the previous year, showing a positive trend in financing[54] Assets and Liabilities - Total assets decreased by 3.77% to CNY 1,266,086,547.47 compared to the end of the previous year[12] - Total liabilities decreased from ¥233,651,599.48 to ¥212,167,138.15, a reduction of approximately 9.5%[34] - Total equity attributable to shareholders decreased from ¥1,082,042,962.83 to ¥1,053,919,409.32, a decline of about 2.6%[34] - Total current assets decreased from ¥224,114,379.77 to ¥199,428,860.25, a decline of about 11%[38] - Non-current assets decreased from ¥1,097,681,913.83 to ¥1,086,937,342.95, a decrease of approximately 1%[38] Shareholder Information - The total number of shareholders at the end of the reporting period was 19,227[19] - The largest shareholder, Jilin Changbai Mountain Development Construction Group Co., Ltd., holds 59.45% of the shares[19] Government Support and Subsidies - The company received government subsidies amounting to CNY 1,318,695.88, which are closely related to its normal business operations[15] Business Operations - The company's main business revenue decreased by 71.87% to ¥13,860,851.84 compared to ¥49,277,171.74 in the previous period due to reduced business activities caused by the COVID-19 pandemic[22] - The company's main business cost decreased by 38.35% to ¥37,689,091.51 from ¥61,137,702.28 in the previous period, attributed to the reduction in business activities[22] - Cash received from sales and services decreased by 66.33% to ¥15,518,862.48 from ¥46,097,175.12, due to a decline in operating income[25] - Cash received from other operating activities decreased by 65.81% to ¥6,915,113.67 from ¥20,225,894.26, as there were no prior year resource compensation fees received[25] Employee Compensation - Employee compensation payable decreased by 41.37% to ¥26,274,447.70 from ¥44,814,021.95, as performance bonuses were paid out[22] Financial Expenses - The company incurred financial expenses of 1,106,039.53 RMB, which is a substantial increase from 180,074.18 RMB, marking an increase of over 500%[44] Tax Liabilities - The tax expenses for the quarter were 313,574.64 RMB, compared to 3,593.80 RMB in the previous year, indicating a significant increase in tax liabilities[44] Future Plans - The company has plans for market expansion and new strategies, although specific details were not disclosed in the report[44]