JJHB(SH:603279)2020-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 63,522,364.19, down 32.47% year-on-year[12]. - Operating revenue for the period was CNY 504,326,923.39, a decrease of 37.87% compared to the same period last year[12]. - Basic earnings per share were CNY 0.16, down 38.46% from CNY 0.26 in the same period last year[12]. - The company reported a net profit for the current period of RMB 63,522,364.19, down 32.47% from RMB 94,061,429.07 in the previous year[21]. - Total operating revenue for Q1 2020 was ¥504,326,923.39, a decrease of 37.9% compared to ¥811,781,323.51 in Q1 2019[48]. - Net profit for Q1 2020 was ¥63,522,364.19, a decline of 32.5% from ¥94,061,429.07 in Q1 2019[50]. - Total profit for the first quarter was CNY 70.49 million, down from CNY 106.88 million year-over-year, reflecting a decrease of approximately 34%[54]. Cash Flow - The net cash flow from operating activities was CNY 58,014,229.08, an increase of 3.13% year-on-year[12]. - The net cash flow from operating activities increased by 3.13% to RMB 58,014,229.08 compared to RMB 56,253,383.81 last year[21]. - Cash flow from operating activities for Q1 2020 was RMB 58,063,129.05, a slight increase of 3.4% compared to RMB 56,144,806.55 in Q1 2019[63]. - The company generated CNY 501.16 million in cash inflows from operating activities, compared to CNY 585.47 million in the same period last year, a decline of about 14%[59]. - The net cash flow from financing activities was negative at RMB -11,733,367.88, slightly improved from RMB -12,694,716.40 in Q1 2019[65]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,667,546,837.33, a decrease of 0.21% compared to the end of the previous year[12]. - The total amount of other non-current assets rose by 375.45% to RMB 12,694,000.00 from RMB 2,669,870.35[25]. - Total liabilities decreased from ¥2,004,846,281.85 to ¥1,930,619,383.08, a decline of approximately 3.67%[38]. - Current liabilities decreased from ¥1,977,741,540.30 to ¥1,904,041,308.29, a reduction of approximately 3.71%[36]. - Total liabilities as of the reporting date were ¥2,417,936,367.61, down from ¥2,460,064,606.15 in the previous period[44]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,991[18]. - The largest shareholder, Jingjin Investment Co., Ltd., held 34.34% of the shares[18]. - Shareholders' equity increased from ¥2,672,345,811.66 to ¥2,736,927,454.25, an increase of about 2.41%[38]. Operational Efficiency - Operating costs decreased by 38.63% to RMB 343,787,685.88 from RMB 560,227,011.04 year-on-year[21]. - The company reported a significant increase in contract liabilities, amounting to RMB 1,375,220,813.40, due to reclassification from advance receipts[25]. - The company attributed the decrease in revenue primarily to the impact of the COVID-19 pandemic, which caused operational shutdowns and delayed customer deliveries[24]. Research and Development - Research and development expenses for Q1 2020 were ¥12,540,137.86, slightly up from ¥12,445,725.52 in Q1 2019[48]. - Research and development expenses were CNY 12.54 million, remaining relatively stable compared to CNY 12.45 million in the previous year[54].