风语筑(603466) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥317,246,413.63, representing a decline of 27.56% year-on-year[13] - Net profit attributable to shareholders was ¥46,640,071.00, down 39.17% from the same period last year[13] - Basic earnings per share were ¥0.16, a decrease of 38.46% compared to ¥0.26 in the previous year[13] - Total operating revenue for Q1 2020 was approximately ¥317.25 million, a decrease of 27.5% compared to ¥437.92 million in Q1 2019[44] - Net profit for Q1 2020 was approximately ¥46.62 million, a decline of 39.2% from ¥76.67 million in Q1 2019[47] - The total profit for Q1 2020 was approximately ¥54.88 million, a decrease of 38.8% from ¥89.33 million in Q1 2019[47] - The company reported a basic earnings per share of CNY 0.00 for the first quarter, indicating no earnings compared to the previous year[53] Cash Flow - The net cash flow from operating activities was -¥191,676,219.62, compared to -¥100,675,967.32 in the previous year, indicating a worsening cash flow situation[13] - Net cash flow from operating activities was negative at ¥-191,676,219.62, a decline from ¥-100,675,967.32, mainly impacted by reduced collections due to the pandemic[22] - Cash inflow from operating activities totaled CNY 268.76 million, down from CNY 371.57 million year-over-year, indicating a decline of approximately 27.7%[56] - The net cash outflow from operating activities was CNY -191.68 million, worsening from CNY -100.68 million in the previous year[56] - The total cash outflow for operating activities was CNY 460.44 million, slightly lower than CNY 472.24 million in the same period last year[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,641,749,765.89, a decrease of 2.64% compared to the end of the previous year[13] - Cash and cash equivalents decreased by 62.04% to ¥485,036,737.33 from ¥1,277,643,318.60, primarily due to the purchase of financial products[22] - Trading financial assets increased by 720.82% to ¥663,074,794.52 from ¥80,782,222.24, mainly attributed to the purchase of financial products[22] - The company’s total assets decreased to ¥3,641,749,765.89 from ¥3,740,598,612.69[28] - The company’s total liabilities decreased to ¥1,857,587,364.40 from ¥2,070,049,890.45[32] - Total liabilities amounted to CNY 1,923,988,203.36, a decrease of approximately 7.1% from CNY 2,070,553,116.26[39] - Current assets totaled CNY 3,206,607,172.03, down from CNY 3,322,155,181.00, reflecting a decline of about 3.5%[37] - Total assets decreased to CNY 3,645,364,676.66 from CNY 3,750,157,699.95, a decline of about 2.8%[39] - Total liabilities increased to 2,070,553,116.26 RMB from 2,139,950,255.71 RMB, indicating a rise in financial obligations[66] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,029[19] - The largest shareholder, Xin Haoying, held 33.62% of the shares, totaling 98,100,000 shares[19] Government Support - The company reported government subsidies of ¥6,334,645.00 related to normal business operations[15] - The company recognized other income of ¥6,334,645.00, reflecting a 100% increase, primarily from government subsidies received[22] Operational Changes - The company anticipates that customer demand will not be significantly affected by the COVID-19 pandemic in the long term[12] - The company implemented new revenue recognition standards starting January 1, 2020, which may impact future financial reporting[68] - The company adopted new revenue recognition standards effective January 1, 2020, impacting financial reporting[75] Expenses - Total operating costs for Q1 2020 were approximately ¥261.30 million, down 24.4% from ¥345.77 million in Q1 2019[44] - Research and development expenses for Q1 2020 were approximately ¥11.30 million, down 12.9% from ¥12.96 million in Q1 2019[44] - Tax expenses for Q1 2020 were approximately ¥8.26 million, down from ¥12.66 million in Q1 2019, indicating a reduction of 34.5%[47] - The company experienced a credit impairment loss of approximately -¥10.75 million in Q1 2020, compared to -¥3.47 million in Q1 2019, indicating a significant increase in losses[44] Equity - Total equity attributable to shareholders increased to CNY 1,717,502,048.36 from CNY 1,669,620,866.56, marking an increase of approximately 2.9%[39] - The total equity attributable to shareholders remained stable at 1,669,620,866.56 RMB, showing no change from the previous period[66]