SCIYON(002380)2020-04-20 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥128,064,859.86, representing a 3.73% increase compared to ¥123,454,284.39 in the same period last year[7] - The net profit attributable to shareholders decreased by 6.03% to ¥10,708,054.85 from ¥11,394,831.49 year-on-year[7] - The net profit after deducting non-recurring gains and losses fell by 16.39% to ¥8,978,000.41 compared to ¥10,738,222.00 in the previous year[7] - Basic and diluted earnings per share decreased by 28.57% to ¥0.05 from ¥0.07 year-on-year[7] - The net profit for Q1 2020 was CNY 10,226,640.14, a decrease of 6.2% compared to CNY 10,905,678.07 in the same period last year[40] - Operating profit for Q1 2020 was CNY 13,104,202.22, slightly up from CNY 12,954,803.94 year-over-year[40] - The total comprehensive income for Q1 2020 was CNY 10,226,640.14, a decrease from CNY 10,905,678.07 in the same period last year[41] Cash Flow - The net cash flow from operating activities was negative at -¥20,610,930.89, a decline of 38.79% from -¥14,850,265.20 in the same period last year[7] - The net cash flow from operating activities decreased by 5.76 million yuan, a decline of 38.79% compared to the same period last year, primarily due to reduced collections impacted by the COVID-19 pandemic[15] - The net cash flow from investment activities decreased by 165.06 million yuan, a decline of 483.78% compared to the same period last year, mainly due to the company's purchase of short-term principal-protected financial products during the reporting period[15] - The company reported a decrease in cash flow from operating activities, with cash outflows totaling CNY 179,111,637.71, compared to CNY 176,670,688.00 in the previous year[44] - The net cash flow from investment activities was -233,187,118.13 CNY, a significant decrease compared to -55,660,817.68 CNY in the previous year[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,730,361,439.13, down 0.82% from ¥2,752,995,453.20 at the end of the previous year[7] - As of March 31, 2020, total current assets amounted to 1,898.95 million yuan, down from 1,995.89 million yuan at the end of 2019[26] - The company's total assets decreased to CNY 2,673,541,222.53 from CNY 2,702,542,971.82[32] - Total liabilities decreased to 458.53 million yuan from 493.21 million yuan at the end of 2019[28] - Total liabilities decreased to CNY 431,331,025.94 from CNY 470,559,415.37, showing improved financial health[32] - The total equity increased to CNY 2,242,210,196.59 from CNY 2,231,983,556.45, indicating a stable equity position[32] Investments - The company reported a significant increase in cash and cash equivalents, rising by 85.68% to ¥77,526,500 due to increased investments in financial products[14] - The company’s investment income increased by 204.01% to ¥121,780, primarily due to higher returns from short-term financial investments[14] - Investment income for Q1 2020 was CNY 1,814,794.52, compared to CNY 596,946.97 in the previous period, reflecting better investment performance[35] - The company reported a total cash inflow from investment activities of CNY 51,934,366.62, significantly lower than CNY 251,468,344.58 in the previous year[44] - The cash outflow from investment activities was CNY 182,871,362.20, down from CNY 217,350,203.35 year-over-year[44] Accounting Changes - The company implemented new accounting standards for revenue and leasing starting January 1, 2020, affecting the financial statements[49] - The company implemented new revenue and lease standards starting from 2020, with retrospective adjustments to prior comparative data[56] Miscellaneous - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[22] - The first quarter report was not audited[56]