DZT(SH:900903)2020-04-29 16:00Financial Performance - Operating revenue fell by 24.52% to CNY 526,526,633.54 year-on-year[5] - Net profit attributable to shareholders decreased significantly by 105.76%, resulting in a loss of CNY -25,990,639.14[5] - The decline in net profit was primarily due to the impact of COVID-19 on the transportation industry and significant losses from trading financial assets[7] - The company's operating revenue for Q1 2020 was CNY 526,526,633.54, a decrease of 24.52% compared to CNY 697,536,782.89 in Q1 2019[15] - Total revenue for Q1 2020 was ¥560,735,850.17, a decrease of 23.2% from ¥729,469,529.96 in Q1 2019[28] - Operating income for Q1 2020 was ¥526,526,633.54, down 24.5% from ¥697,536,782.89 in Q1 2019[28] - Net loss for Q1 2020 was ¥9,977,666.99, compared to a profit of ¥631,616,755.72 in Q1 2019[28] - The total profit (loss) for Q1 2020 was reported at -CNY 101,715,036.35, down from CNY 439,385,807.03 in the same period last year[31] - The total comprehensive income for Q1 2020 was -CNY 244,802,642.19, compared to CNY 518,752,037.19 in Q1 2019[32] Cash Flow and Liquidity - Net cash flow from operating activities improved, with a loss of CNY -482,785,627.55 compared to CNY -942,931,867.58 in the same period last year[5] - The net cash flow from operating activities was -674,131,468.83 RMB, a significant decline compared to -98,313,907.98 RMB in the same period last year[36] - Cash inflows from operating activities in Q1 2020 amounted to CNY 776,615,147.08, a decrease from CNY 836,117,278.53 in Q1 2019[33] - The total cash and cash equivalents at the end of the period were 637,453,469.49 RMB, down from 975,632,729.94 RMB year-over-year[37] - The company reported a total operating cash outflow of 843,459,446.67 RMB, compared to 427,183,650.67 RMB in the previous year[36] - The cash paid for purchasing goods and services in Q1 2020 was CNY 592,042,906.27, down from CNY 1,047,915,867.84 in Q1 2019[33] Assets and Liabilities - Total assets decreased by 3.12% to CNY 16,184,259,092.26 compared to the end of the previous year[5] - The total assets of trading financial assets decreased by 22.84% to CNY 1,750,867,800.98 from CNY 2,269,038,783.12[14] - The total liabilities decreased from ¥6,766,105,907.66 in December 2019 to ¥6,415,380,763.22 in March 2020[22] - The total current assets as of March 31, 2020, were ¥9,585,020,923.36, a decrease from ¥9,992,960,319.11 as of December 31, 2019[20] - The company's cash and cash equivalents decreased from ¥2,428,155,673.92 in December 2019 to ¥2,219,701,615.97 in March 2020[20] - The total liabilities reached CNY 6,766,105,907.66, with current liabilities at CNY 4,972,809,857.64 and non-current liabilities at CNY 1,793,296,050.02[41] Shareholder Information - As of the report date, the total number of shareholders was 142,334, with the largest shareholder holding 20.01% of the shares[11] - Shareholders' equity totaled CNY 9,940,078,798.13, with CNY 5,618,444,450.11 in undistributed profits[42] Government Support and Subsidies - The company received government subsidies amounting to CNY 44,235,094.04, which were closely related to its normal business operations[8] Financial Ratios and Performance Metrics - The weighted average return on equity dropped by 5.28 percentage points to -0.28%[5] - Basic and diluted earnings per share both recorded a loss of CNY -0.010994, down 105.76% from the previous year[5] Other Income and Expenses - Other income increased by 80.62% to CNY 49,887,327.70, compared to CNY 27,620,551.83 in the previous year[15] - The company reported a significant increase in interest income to ¥32,911,197.77 in Q1 2020 from ¥30,999,288.59 in Q1 2019, reflecting improved investment strategies[28] - The company reported a significant increase in financial expenses, totaling CNY 24,982,755.77 in Q1 2020, compared to CNY 35,812,627.73 in Q1 2019[31] - The company reported a non-operating loss of CNY -32,042,951.95, influenced by fair value changes of trading financial assets[9] Impact of COVID-19 - The company expects a significant change in cumulative net profit compared to the same period last year due to the impact of COVID-19 on transportation and tourism services[16] - The company plans to implement cost reduction and efficiency improvement measures to mitigate the adverse effects of the pandemic[16]