CEI(SH:688128)2020-04-27 16:00Financial Performance - Operating revenue fell by 37.94% to CNY 41,954.88 million year-on-year[17] - Net profit attributable to shareholders decreased by 21.25% to CNY 4,209.75 million compared to the same period last year[17] - Basic and diluted earnings per share decreased by 33.33% to CNY 0.10 per share[17] - Total revenue for the period was ¥41,954.88 million, down 37.94% compared to ¥67,599.48 million in the previous year, largely due to the impact of the pandemic and project delays[32] - Net profit for Q1 2020 was ¥4,198.58 million, down 21.0% from ¥5,312.31 million in Q1 2019[56] - The total comprehensive income attributable to the parent company was CNY 3,563.58 million in Q1 2020, compared to CNY 6,369.77 million in the previous year[59] Cash Flow - Net cash flow from operating activities was negative at CNY -16,081.84 million, a decrease of 2,684.76% year-on-year[17] - The company reported a net cash outflow from operating activities of ¥-16,081.84 million, a significant decrease compared to the previous year's inflow of ¥622.18 million[33] - The cash flow from operating activities showed a net outflow of CNY 16,081.84 million in Q1 2020, compared to a positive inflow of CNY 622.18 million in Q1 2019[65] - The company recorded a net increase in cash and cash equivalents of -23,974.85 million RMB during the quarter[70] Assets and Liabilities - Total assets decreased by 3.63% to CNY 341,285.47 million compared to the end of the previous year[17] - Cash and cash equivalents decreased by 43.65% to ¥38,206.80 million, primarily due to increased cash management and payment of last year's performance bonuses[28] - Total liabilities decreased from 138,445.76 million to 122,028.25 million, a reduction of about 11.9%[43] - The company’s total current assets were reported at 274,965.66 million RMB, reflecting a slight decrease from 273,763.00 million RMB[72] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,302[24] - The largest shareholder, China National Machinery Industry Group, holds 47.33% of the shares[24] Research and Development - R&D investment as a percentage of operating revenue increased by 7.22 percentage points to 11.57%[17] - Research and development expenses increased by 65.12% to ¥4,853.23 million, driven by an increase in R&D projects[32] - Research and development expenses increased to CNY 1,441.67 million in Q1 2020, up from CNY 996.76 million in Q1 2019, reflecting a focus on innovation[59] Other Financial Metrics - The weighted average return on net assets decreased by 2.41 percentage points to 1.93%[17] - The company’s financial expenses decreased significantly by 291.30% to ¥-314.12 million, primarily due to increased interest income from cash management[32] - The company reported a decrease in other comprehensive income, with a net amount of -¥646.17 million compared to ¥1,024.17 million in the previous year[56]