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地素时尚(603587) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 37.44% to ¥122,067,127.32 year-on-year[12] - Operating revenue fell by 30.14% to ¥407,621,279.21 compared to the same period last year[12] - Basic earnings per share decreased by 38.78% to ¥0.30 compared to the previous year[12] - The weighted average return on equity decreased by 2.51 percentage points to 3.62%[12] - The net profit after deducting non-recurring gains and losses decreased by 45.55% to ¥87,155,691.50 year-on-year[12] - Total operating revenue for Q1 2020 was ¥407,621,279.21, a decrease of 30.1% compared to ¥583,519,867.99 in Q1 2019[42] - Net profit for Q1 2020 was ¥122,067,123.71, a decline of 37.4% from ¥195,128,436.99 in Q1 2019[44] - Comprehensive income for Q1 2020 totaled ¥121,493,191.68, compared to ¥195,370,395.94 in Q1 2019, reflecting a decrease of 37.7%[44] - The net profit for Q1 2020 was ¥105,520,974.09, down 20.8% from ¥133,244,254.08 in Q1 2019[50] - The total comprehensive income for Q1 2020 was ¥105,520,974.09, compared to ¥133,244,254.08 in Q1 2019, reflecting a decline of 20.8%[50] Assets and Liabilities - Total assets increased by 4.44% to ¥4,098,907,062.26 compared to the end of the previous year[12] - Non-current assets totaled ¥727,760,306.15 as of March 31, 2020, down from ¥740,599,185.74 on December 31, 2019, representing a decrease of approximately 1.1%[30] - Current liabilities amounted to ¥644,050,154.71, up from ¥590,631,314.30, indicating an increase of approximately 9.0%[30] - The total liabilities increased to ¥666,686,359.36 from ¥613,849,365.57, reflecting a rise of approximately 8.6%[32] - The total equity attributable to shareholders increased to ¥3,430,706,698.83 from ¥3,309,213,503.54, reflecting a growth of about 3.7%[32] - Contract liabilities amounted to ¥323,078,908.92 as of March 31, 2020, indicating a new revenue recognition approach[39] - Total liabilities as of March 31, 2020, were ¥660,793,261.67, an increase of 11.0% from ¥595,234,583.92 as of December 31, 2019[39] Cash Flow - Net cash flow from operating activities decreased by 21.56% to ¥144,915,102.57 year-on-year[12] - Cash flow from operating activities in Q1 2020 was ¥144,915,102.57, down 21.5% from ¥184,744,686.27 in Q1 2019[52] - The company reported cash inflow from operating activities totaling ¥600,049,632.58 in Q1 2020, compared to ¥727,196,407.39 in Q1 2019, indicating a decrease of 17.5%[51] - The net cash flow from operating activities for Q1 2020 was ¥107,204,256.81, a significant increase from ¥40,082,802.53 in Q1 2019, representing a growth of 167.5%[56] - The net cash flow from investment activities for Q1 2020 was -¥144,344,381.46, an improvement from -¥675,182,852.29 in Q1 2019, showing a reduction in cash outflow by approximately 78.7%[56] Shareholder Information - The number of shareholders reached 16,987 at the end of the reporting period[17] - The top shareholder, Ma Ruimin, holds 53.86% of the shares, totaling 215,984,971 shares[17] Government Subsidies - The company received government subsidies amounting to ¥44,863,705.37 during the reporting period[15] Investment and Financial Assets - The company's trading financial assets increased to RMB 191,778,932.64, a 270.38% increase compared to the previous year due to increased investment in financial products[20] - The company reported an investment income of RMB 3,432,328.76, a 100% increase compared to the previous year, attributed to financial product returns[21] Changes in Current Assets and Liabilities - Other current liabilities increased by 116.33% to RMB 104,333,354.46, influenced by new revenue recognition standards and an increase in estimated returns[21] - The company's other current assets increased by 593.59% to RMB 34,869,537.37, due to the impact of new revenue recognition standards[20]