JINHUI(SH:603919)2020-04-29 16:00Financial Performance - Operating revenue fell by 33.37% to CNY 342,464,133.11 year-to-date[12] - Net profit attributable to shareholders decreased by 47.00% to CNY 57,854,862.72 compared to the same period last year[12] - Basic earnings per share dropped by 50.00% to CNY 0.15[12] - Total revenue for the period was RMB 342,464,133.11, a decrease of 33.37% compared to RMB 514,008,060.86 in the same period last year[24] - Operating profit decreased by 45.63% to RMB 76,687,871.63 from RMB 141,042,455.89 year-on-year[24] - Net profit for the period was RMB 57,854,862.72, down 47.00% from RMB 109,161,741.29 in the previous year[26] - Total revenue for Q1 2020 was CNY 342,464,133.11, a decrease of 33.3% compared to CNY 514,008,060.86 in Q1 2019[46] - Net profit for Q1 2020 was CNY 57,854,862.72, a decline of 47.1% compared to CNY 109,161,741.29 in Q1 2019[50] - The company's operating revenue for Q1 2020 was ¥204,566,962.17, a decrease of 28% compared to ¥283,817,311.68 in Q1 2019[51] - The net profit for Q1 2020 was ¥20,725,701.77, down 35% from ¥32,134,829.31 in Q1 2019[53] - The total profit for Q1 2020 was ¥25,100,125.79, a decrease of 42% compared to ¥43,044,942.86 in Q1 2019[53] Cash Flow and Assets - Net cash flow from operating activities showed a significant decline of 145.44%, resulting in a negative CNY 74,882,153.29[12] - Cash received from sales of goods and services was RMB 307,660,089.32, a decline of 49.86% compared to RMB 613,562,993.41 in the same period last year[29] - Cash and cash equivalents decreased to CNY 229,604,453.43 from CNY 316,375,155.16 as of December 31, 2019[41] - Cash and cash equivalents at the end of Q1 2020 were ¥362,166,260.39, a decrease from ¥371,123,887.97 at the end of Q1 2019[58] - The net cash flow from operating activities for Q1 2020 was -¥74,882,153.29, a decline from ¥164,809,597.92 in Q1 2019[55] - The company reported a cash outflow from financing activities of -¥30,361,395.83 in Q1 2020, compared to an inflow of ¥33,311,931.61 in Q1 2019[63] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,648[12] - Gansu Yate Investment Group Co., Ltd. holds 51.57% of the shares, with 156,160,000 shares pledged[12] Expenses and Liabilities - Research and development expenses increased significantly by 217.80% to RMB 9,972,560.50 from RMB 3,137,972.04 year-on-year[24] - The company made a donation of RMB 3 million to support COVID-19 prevention efforts, contributing to a significant increase in operating expenses[26] - Operating costs for Q1 2020 were CNY 266,814,583.22, down 29.1% from CNY 376,457,670.13 in Q1 2019[46] - The company incurred total operating costs of ¥93,770,362.12 in Q1 2020, down 35% from ¥144,891,046.76 in Q1 2019[51] - Total liabilities as of March 31, 2020, were CNY 421,849,032.49, down from CNY 637,041,296.04 as of December 31, 2019[39] - The company repaid bank loans, resulting in a 66.53% decrease in current non-current liabilities due within one year to RMB 15,091,437.50[23] Asset Changes - Total assets decreased by 4.95% to CNY 3,021,072,181.17 compared to the end of the previous year[12] - Total assets as of March 31, 2020, were CNY 3,021,072,181.17, a decrease from CNY 3,178,409,582.00 as of December 31, 2019[39] - Other current assets rose by 183.48% to RMB 19,086,966.01 from RMB 6,733,036.96 at the beginning of the year[21] - Accounts payable decreased by 44.65% to RMB 93,791,681.22 from RMB 169,458,886.65 at the beginning of the year[21] - The deferred income tax liabilities increased by 31.56% to RMB 19,945,723.33 from RMB 15,160,867.16 at the beginning of the year[21] - Inventory increased slightly to CNY 767,128,276.16 from CNY 761,584,977.45 as of December 31, 2019[41]