Jasan Group(SH:603558)2020-04-27 16:00Financial Performance - Operating revenue for the period was CNY 371,765,886.04, representing a decrease of 7.79% year-on-year [5]. - Net profit attributable to shareholders was CNY 54,765,921.41, down 20.51% from the same period last year [5]. - Basic earnings per share decreased by 17.65% to CNY 0.14 [5]. - The weighted average return on equity fell by 0.63 percentage points to 1.78% [5]. - Total operating revenue for Q1 2020 was CNY 371,765,886.04, a decrease of 7.8% compared to CNY 403,189,271.27 in Q1 2019 [26]. - Net profit for Q1 2020 was CNY 54,565,512.11, representing a decline of 20.6% from CNY 68,712,899.57 in Q1 2019 [27]. - Basic earnings per share for Q1 2020 was CNY 0.14, down from CNY 0.17 in Q1 2019 [27]. - Operating profit for Q1 2020 was CNY 61,391,785.27, down 21.4% from CNY 78,133,262.34 in Q1 2019 [26]. - Other income for Q1 2020 was CNY 14,824,988.48, a decrease from CNY 18,464,057.82 in Q1 2019 [26]. - Comprehensive income for Q1 2020 totaled CNY 56,318,963.23, compared to CNY 50,861,971.28 in Q1 2019, showing an increase of 10.8% [27]. Cash Flow - Cash flow from operating activities increased significantly to CNY 73,895,875.19, a rise of 267.53% compared to the previous year [5]. - Cash inflow from operating activities for Q1 2020 was CNY 566,073,867.38, up from CNY 483,763,550.11 in Q1 2019, reflecting a growth of 17.0% [31]. - Total cash inflow from operating activities was 323,895,692.49 RMB, up from 255,117,379.18 RMB in the same period last year, reflecting a growth of approximately 26.9% [34]. - Cash outflow for purchasing goods and services increased to 355,251,411.01 RMB from 228,198,618.28 RMB, representing a rise of about 55.7% [34]. - The net cash flow from financing activities was 53,840,814.05 RMB, a significant improvement from 6,443,223.27 RMB in the previous year [35]. - Cash inflow from financing activities totaled 149,905,500.00 RMB, compared to 115,750,520.00 RMB in Q1 2019, marking an increase of approximately 29.5% [34]. - The company paid 2,459,264.82 RMB in dividends and interest during Q1 2020, down from 5,794,106.73 RMB in Q1 2019 [35]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 3,799,750,404.60, an increase of 0.99% compared to the end of the previous year [5]. - The company reported a total current asset of RMB 1,201,695,027.36 as of March 31, 2020, compared to RMB 1,179,999,438.17 at the beginning of the period [17]. - Current liabilities decreased to ¥685,850,172.68 from ¥704,698,051.04, showing a reduction of about 2.4% [18]. - Non-current liabilities totaled ¥8,020,816.20, down from ¥8,929,368.01, indicating a decrease of approximately 10.2% [19]. - The total liability of ¥693,870,988.88, down from ¥713,627,419.05, showing a decrease of about 2.6% [19]. - Shareholders' equity rose to ¥3,105,879,415.72 from ¥3,049,008,380.07, marking an increase of around 1.7% [19]. Shareholder Information - The total number of shareholders at the end of the reporting period was 12,407 [9]. - The largest shareholder, Zhang Maoyi, holds 35.42% of the shares, with 147,462,262 shares pledged [9]. - The company’s first employee stock ownership plan had 234 participants, with a total of 5,528,222 shares sold, representing 1.3278% of the total share capital [13]. Other Financial Metrics - The company reported non-recurring gains of CNY 9,700,278.31 for the period [7]. - Financial expenses showed a significant decrease of 159.43%, resulting in a net income of -RMB 3,011,729 compared to RMB 5,067,958 in the previous year [10]. - The company reported a decrease in research and development expenses to CNY 11,619,330.83 in Q1 2020 from CNY 10,301,968.53 in Q1 2019, indicating a 12.8% increase [26]. - The company experienced a financial expense of CNY -3,011,729.05 in Q1 2020, compared to CNY 5,067,958.75 in Q1 2019, indicating a significant improvement [26].