Jiayou International(SH:603871)2020-04-28 16:00Financial Performance - Operating revenue for the period was ¥611,241,029.84, a decrease of 35.88% compared to the same period last year[12]. - Net profit attributable to shareholders of the listed company was ¥48,627,352.56, down 30.59% year-on-year[12]. - Basic earnings per share decreased to ¥0.3101, a decline of 30.59% compared to ¥0.4468 in the previous year[12]. - The weighted average return on net assets was 2.57%, a decrease of 1.78 percentage points from 4.35% in the previous year[12]. - Total revenue for Q1 2020 was CNY 611,241,029.84, a decrease of 35.9% compared to CNY 953,246,121.08 in Q1 2019[49]. - Net profit for Q1 2020 was CNY 47,689,284.90, a decline of 31.8% from CNY 69,995,714.15 in Q1 2019[49]. - The net profit attributable to the parent company shareholders for Q1 2020 was approximately ¥48.63 million, a decrease from ¥70.05 million in Q1 2019, representing a decline of about 30.6%[51]. - Total operating revenue for Q1 2020 was approximately ¥125.72 million, down from ¥143.21 million in Q1 2019, indicating a decrease of around 12.2%[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,420,205,268.57, an increase of 0.97% compared to the end of the previous year[12]. - Current assets totaled RMB 1,483,730,856.63, down from RMB 1,774,940,061.95, indicating a decrease of about 16.4%[34]. - Total liabilities decreased to RMB 437,118,990.59 from RMB 461,645,221.96, a decline of about 5.3%[39]. - The company reported a significant increase in non-current assets, totaling RMB 936,474,411.94, up from RMB 622,039,428.32, indicating a growth of about 50.6%[37]. - Total liabilities rose to CNY 639,349,210.33 in Q1 2020, compared to CNY 508,303,131.84 in Q1 2019[45]. - Current liabilities totaled CNY 638,935,974.81, an increase of 25.8% from CNY 507,830,735.37 in Q1 2019[45]. Cash Flow - Net cash flow from operating activities was negative at ¥30,062,687.48, compared to ¥135,131,347.15 in the same period last year[12]. - The company reported a net cash outflow from operating activities of ¥-30,062,687.48, a decrease of 122.25% compared to the previous period[24]. - Cash inflow from operating activities in Q1 2020 was approximately ¥881.00 million, down from ¥1,349.71 million in Q1 2019, a decline of about 34.8%[57]. - The net cash flow from operating activities improved to $76.13 million from a negative $9.47 million in the previous year, indicating a recovery in operational performance[64]. - The net cash flow from investment activities was -$721.24 million, an improvement from -$1.17 million in the previous year, indicating better management of investment cash flows[64]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,615[16]. - The top shareholder, Jiaxin Yi (Tianjin) Asset Management Partnership, held 37.50% of the shares, totaling 58,800,000 shares[16]. - Shareholders' equity increased to RMB 1,983,086,277.98 from RMB 1,935,334,268.31, representing an increase of approximately 2.5%[39]. Investments and Acquisitions - The company completed the acquisition of 100% equity in Inner Mongolia Duoyida Mining Co., Ltd. for a total of ¥280 million, which is now a wholly-owned subsidiary[28]. - The company’s goodwill increased by 242.23% to ¥208,370,209.04 due to the acquisition of Duoyida Mining[22]. - The company has made investments in intangible assets, which rose to RMB 147,153,460.89 from RMB 79,822,742.61, reflecting an increase of approximately 84.5%[36]. Government Subsidies - The company reported a government subsidy of ¥424,486.39 included in the current period's profit and loss[14].