Tianyong(SH:603895)2020-04-27 16:00Financial Performance - Operating income for the first quarter was CNY 81,824,474.15, representing a decline of 19.14% year-on-year[5]. - Net profit attributable to shareholders was CNY 4,962,680.10, down 41.84% from the same period last year[5]. - Basic and diluted earnings per share were both CNY 0.07, a decrease of 30.00% year-on-year[5]. - Total operating revenue for Q1 2020 was ¥81,824,474.15, a decrease of 19.2% compared to ¥101,197,721.97 in Q1 2019[23]. - Net profit for Q1 2020 was ¥7,244,402.79, a decline of 34.5% from ¥11,144,748.71 in Q1 2019[25]. - Earnings per share for Q1 2020 were ¥0.07, compared to ¥0.10 in Q1 2019[25]. - The basic and diluted earnings per share for Q1 2020 were both CNY 0.07, down from CNY 0.13 in Q1 2019, indicating a decrease of 46.2%[28]. Cash Flow - Cash flow from operating activities increased by 107.32% to CNY 40,000,577.14 compared to the previous year[5]. - In Q1 2020, the company reported a net cash flow from operating activities of CNY 40,000,577.14, a significant increase of 107.0% compared to CNY 19,294,516.96 in Q1 2019[30]. - The total cash inflow from operating activities was CNY 150,117,577.11, up from CNY 126,830,207.24 in the same period last year, representing an increase of 18.3%[30]. - Cash flow from investing activities showed a net inflow of CNY 67,000,000.00 in Q1 2020, compared to a net outflow of CNY 15,255,019.79 in Q1 2019[32]. - The company received CNY 167,000,000.00 from the recovery of investments in Q1 2020, with no comparable figure from Q1 2019[31]. - The total cash outflow for operating activities was CNY 110,116,999.97, slightly up from CNY 107,535,690.28 in Q1 2019, reflecting a 2.4% increase[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,247,476,335.87, a decrease of 0.81% compared to the end of the previous year[5]. - Total current assets as of March 31, 2020, amounted to ¥1,107,446,867.01, slightly down from ¥1,115,933,195.05 at the end of 2019[15]. - Total liabilities decreased to ¥657,545,433.90 from ¥674,932,718.67 at the end of 2019[17]. - Total liabilities decreased to ¥682,184,139.95 in Q1 2020 from ¥687,563,769.58 in Q1 2019[21]. - Total equity increased to ¥589,930,901.97 from ¥582,686,499.18 at the end of 2019[17]. - Total equity increased to ¥600,391,203.66 in Q1 2020 from ¥593,022,709.74 in Q1 2019[21]. Expenses - Sales expenses decreased by 31.26% to CNY 3,103,486.06, attributed to reduced project costs[10]. - Management expenses decreased by 30.45% to ¥5,475,930.14 due to reduced travel costs during the pandemic[11]. - The company reported a decrease in sales expenses to ¥3,103,486.06 in Q1 2020, down 31.2% from ¥4,515,138.88 in Q1 2019[23]. - Research and development expenses increased to ¥9,359,657.20 in Q1 2020, up 9.1% from ¥8,578,272.12 in Q1 2019[23]. Shareholder Information - The number of shareholders at the end of the reporting period was 9,206, with the top ten shareholders holding 80.67% of the total shares[8].