YINGLIU(SH:603308)2020-04-28 16:00Financial Performance - Operating revenue decreased by 15.55% to CNY 424,374,788.66 year-on-year[12] - Net profit attributable to shareholders increased by 1.26% to CNY 38,114,048.31 compared to the same period last year[12] - Basic earnings per share decreased by 11.11% to CNY 0.08 compared to CNY 0.09 in the same period last year[12] - The company reported a net profit of CNY 891,012,393.67, up from CNY 852,898,345.36, representing an increase of approximately 4.5%[30] - Total operating revenue for Q1 2020 was $424.37 million, a decrease of 15.5% compared to $502.50 million in Q1 2019[41] - Net profit for Q1 2020 was $31.93 million, a decline of 6.5% from $34.29 million in Q1 2019[44] - The total profit for Q1 2020 was $34.68 million, down 10.5% from $38.88 million in Q1 2019[41] - The total comprehensive income for the first quarter of 2020 was CNY 24,657,574.73, a decrease from CNY 25,229,354.88 in the same period of 2019[51] Assets and Liabilities - Total assets increased by 7.91% to CNY 8,038,519,475.41 compared to the end of the previous year[12] - Total liabilities increased to CNY 3,828,557,437.98 from CNY 3,273,612,490.68, representing a growth of approximately 16.9% year-over-year[30] - Total assets reached CNY 6,001,686,375.88, up from CNY 5,189,786,342.08, indicating an increase of about 15.6% year-over-year[35] - Current liabilities totaled CNY 2,449,145,381.16, compared to CNY 1,711,735,071.29, showing an increase of approximately 43.0%[35] - Shareholders' equity rose to CNY 4,209,962,037.43 from CNY 4,175,341,024.31, a slight increase of about 0.8%[30] Cash Flow - Net cash flow from operating activities was negative at CNY -87,356,948.09, a significant decline from CNY 87,902,232.87 in the previous year[12] - Cash received from other operating activities increased by 38.74% to 2,555.74 from 1,842.13, attributed to government subsidies and recovered deposits[20] - Cash received from borrowings surged by 293.06% to 148,258.11 from 37,719.04 due to increased bank loans[20] - Cash inflow from operating activities totaled CNY 427,714,607.80, down from CNY 582,962,676.07 year-over-year[54] - Total cash outflow from operating activities was CNY 1,154,202,940.21, compared to CNY 543,643,260.85 in the same period of 2019[55] - The net cash flow from financing activities was CNY 605,064,306.32, compared to a negative CNY 514,617,416.43 in the first quarter of 2019[54] Expenses - Employee compensation decreased by 43.20% to 40,169,531.27 from 70,726,765.10 due to reduced payments this period[20] - Sales expenses decreased by 32.82% to 851.49 from 1,267.42, reflecting a corresponding decrease in income[20] - Tax expenses decreased by 40.19% to 274.31 from 458.66, primarily due to an increase in deferred tax assets[20] - Research and development expenses increased to $57.39 million in Q1 2020, up 27% from $45.22 million in Q1 2019[41] - Cash paid for dividends and interest decreased by 35.61% to 2,852.36 from 4,429.57, reflecting reduced interest payments this period[20] Shareholder Information - The number of shareholders at the end of the reporting period was 26,851[14] - The largest shareholder, Huoshan Yingliu Investment Management Co., Ltd., holds 27.20% of the shares[14] Government Support - Government subsidies recognized in the current period amounted to CNY 16,051,280.07[14] - Other income increased by 46.43% to 1,605.13 from 1,096.14, mainly due to increased government subsidies received[20] Financial Ratios - The weighted average return on net assets increased by 0.07 percentage points to 1.05%[12]