ANJI FOOD(SH:603696)2020-04-28 16:00Financial Performance - Operating revenue for the reporting period was CNY 77,015,378.93, representing a decline of 36.13% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY 8,676,903.39, down 2.08% from the previous year[5] - Basic earnings per share decreased by 16.67% to CNY 0.05[5] - Total operating revenue for Q1 2020 was ¥77,015,378.93, a decrease of 36.1% compared to ¥120,584,334.59 in Q1 2019[27] - Net profit for Q1 2020 was ¥10,711,978.31, a decline of 19.7% from ¥13,349,649.90 in Q1 2019[28] - The company reported a total comprehensive income of ¥11,878,978.76 for Q1 2020, slightly down from ¥12,165,852.24 in Q1 2019[29] Cash Flow - The net cash flow from operating activities improved significantly, with a net cash outflow of CNY 3,373,469.07, an 87.89% improvement compared to the previous year[5] - In Q1 2020, the company reported cash inflows from operating activities of CNY 74,044,904.85, a decrease of 63.7% compared to CNY 204,117,292.83 in Q1 2019[35] - The net cash flow from operating activities was negative at CNY -3,373,469.07, improving from CNY -27,868,172.67 in the same period last year[35] - The net cash flow from investment activities was CNY -24,895,674.47, compared to CNY 13,514,321.45 in Q1 2019, indicating a significant decline[36] - The company experienced a net decrease in cash and cash equivalents of CNY -27,556,969.66, worsening from CNY -15,468,868.14 in the previous year[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 635,532,331.27, a decrease of 0.26% compared to the end of the previous year[5] - Current assets totaled CNY 385.20 billion, a slight decrease from CNY 386.53 billion[19] - Accounts receivable increased to CNY 19.30 million, up from CNY 12.73 million, representing a growth of approximately 51.5%[19] - Total liabilities decreased to CNY 32.56 billion from CNY 46.10 billion, a reduction of approximately 29.3%[20] - Current liabilities totaled CNY 32.02 billion, down from CNY 45.70 billion, indicating a decrease of about 29.9%[20] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,074[11] - The largest shareholder, Lin Xiaofang, held 52.88% of the shares, with 42,400,000 shares pledged[11] - Shareholders' equity increased to CNY 602.97 billion from CNY 591.09 billion, reflecting a growth of approximately 2.3%[21] Other Financial Metrics - The weighted average return on equity decreased by 0.26 percentage points to 1.79%[5] - The company recognized non-operating income of CNY 2,035,074.92, which includes government subsidies and other non-recurring gains[8] - The company's investment income dropped by 95.26% to ¥144,503.85 in Q1 2020, compared to ¥3,047,728.21 in Q1 2019, attributed to changes in financial instrument standards[15] - The company recorded a financial income of ¥624,481.83 in Q1 2020, compared to ¥1,421,942.49 in Q1 2019[28] Strategic Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company has not indicated any significant changes in its future outlook or strategic initiatives during the reporting period[16] - The company is implementing new revenue and leasing standards starting in 2020, which may impact financial reporting[39]