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中创物流(603967) - 2020 Q1 - 季度财报
CMLOGCMLOG(SH:603967)2020-04-28 16:00

Financial Performance - Operating revenue for the first quarter reached CNY 1,124,428,214.23, representing an 8.64% increase year-on-year[5] - Net profit attributable to shareholders was CNY 35,855,766.25, an increase of 8.05% compared to the same period last year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 11.18% to CNY 29,163,103.11[5] - Basic and diluted earnings per share were both CNY 0.13, down 23.53% from CNY 0.17 in the previous year[5] - The company's operating revenue for Q1 2020 was CNY 613,378,177.87, a decrease of 2.3% compared to CNY 631,112,362.96 in Q1 2019[30] - The net profit for Q1 2020 was CNY 15,358,482.95, representing a 56.1% increase from CNY 9,838,601.75 in Q1 2019[31] - The total profit for Q1 2020 was CNY 19,710,832.38, an increase of 62.5% compared to CNY 12,118,803.90 in Q1 2019[30] - The company's operating profit for Q1 2020 was CNY 19,633,140.87, an increase of 62.1% from CNY 12,119,803.90 in Q1 2019[30] Cash Flow - The net cash flow from operating activities was negative at CNY -23,799,552.92, compared to a positive CNY 41,621,100.83 in the same period last year[5] - The cash flow from operating activities for Q1 2020 was CNY 1,042,161,671.55, slightly up from CNY 1,034,485,214.49 in Q1 2019[33] - Total cash inflow from operating activities was 1,068,653,346.92 RMB, while cash outflow was 1,092,452,899.84 RMB, resulting in a net cash flow of -23,799,552.92 RMB[34] - Cash inflow from investment activities was 297,802,521.31 RMB, with cash outflow totaling 518,292,131.07 RMB, leading to a net cash flow of -220,489,609.76 RMB[34] - The net cash flow from investment activities was -203,122,302.25 RMB, compared to -8,998,166.17 RMB in the same period last year[38] Assets and Liabilities - Total assets increased by 3.34% to CNY 2,628,695,497.49 compared to the end of the previous year[5] - Total assets as of March 31, 2020, amounted to ¥2,148,197,159.96, compared to ¥2,109,972,916.31 at the end of 2019, indicating a growth of approximately 1.8%[26] - Total liabilities increased to ¥421,324,633.65 in Q1 2020 from ¥398,664,370.65 in Q1 2019, marking a rise of about 5.7%[24] - Total liabilities reached CNY 592,164,754.36, with current liabilities at CNY 576,842,077.75 and non-current liabilities at CNY 15,322,676.61[42] - Contract liabilities were reported at CNY 11,361,379.03, reflecting a shift from previously reported prepayments[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,326[10] - The largest shareholder, Qingdao Zhongchuang Lianhe Investment Development Co., Ltd., held 52.50% of the shares, totaling 140,000,000 shares[10] - Shareholders' equity totaled CNY 1,951,590,500.02, including CNY 1,900,991,538.00 attributable to the parent company[44] Financial Ratios and Returns - The weighted average return on equity decreased by 1.83 percentage points to 1.87%[5] - Employee compensation payable decreased by 63.05% to ¥7,915,023.90 from ¥21,418,631.22, primarily due to the payment of last year's performance bonuses[15] Changes in Financial Position - Cash and cash equivalents decreased by 48.15% to ¥247,153,294.55 from ¥476,663,556.05 due to investments in financial products[13] - Trading financial assets increased by 32.48% to ¥813,191,803.04 from ¥613,830,040.79, primarily due to the purchase of financial products[13] - Prepayments rose by 48.62% to ¥38,997,155.05 from ¥26,239,504.10, mainly due to increased advance payments for rent and railway freight[13] - Contract assets amounted to ¥15,480,659.38, reflecting a 100% increase as accounts receivable were reclassified under new revenue recognition standards[13] - Short-term borrowings were introduced at ¥21,255,300.00, marking a 100% increase to meet operational needs[13] Revenue Recognition Standards - The company executed a new revenue standard effective January 1, 2020, impacting the classification of accounts receivable and contract liabilities[44] - The company implemented new revenue recognition standards starting January 1, 2020, affecting the classification of accounts receivable and contract liabilities[49] - The adjustments for the new revenue and leasing standards do not affect prior period comparatives[49]