Cachet(SZ:002462)2020-04-28 16:00Revenue and Profit - The company's revenue for Q1 2020 was ¥4,048,898,332.23, a decrease of 16.33% compared to ¥4,839,082,160.07 in the same period last year[7]. - Net profit attributable to shareholders was ¥50,980,357.36, down 48.37% from ¥98,737,958.33 year-on-year[7]. - Operating profit decreased by 47.41% to ¥113.43 million from ¥215.70 million, attributed to a decline in operating income due to the impact of COVID-19[16]. - Net profit fell by 49.09% to ¥81.72 million from ¥160.51 million, reflecting a decrease in total profit[17]. - The company reported a total profit of CNY 110,159,970.13 for the first quarter, down from CNY 215,695,714.74 in the previous year[39]. - The total comprehensive income for the first quarter was CNY 81,720,616.93, compared to CNY 160,508,634.40 in the same period last year[40]. Cash Flow - The net cash flow from operating activities was -¥199,951,828.35, representing a 298.45% increase in cash outflow compared to -¥50,182,482.22 in the previous year[7]. - Cash received related to operating activities rose by 116.96% to ¥119.04 million from ¥54.87 million, primarily due to pandemic-related material advance payments[18]. - Cash paid for operating activities decreased by 36.59% to ¥118.99 million from ¥187.65 million, reflecting a reduction in expenses due to lower income[18]. - The cash flow from operating activities was CNY 5,112,966,561.27, compared to CNY 5,595,773,448.56 in the previous period, showing a decrease in cash inflow[45]. - The net cash flow from investing activities was -9,501,502.41 CNY, compared to -2,482,735.59 CNY in the previous period, reflecting increased investment outflows[47]. - The total cash outflow for operating activities was 5,312,918,389.62 CNY, slightly down from 5,645,955,930.78 CNY in the previous period[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥12,555,887,801.49, a decline of 3.69% from ¥13,037,391,923.99 at the end of the previous year[7]. - Total liabilities decreased to CNY 7,536,359,140.19 from CNY 8,114,527,426.28, representing a reduction of 7.1%[31]. - The company's total equity increased to CNY 5,019,528,661.30 from CNY 4,922,864,497.71, marking an increase of 2.0%[32]. - The total non-current assets were CNY 1,301,022,352.19, slightly down from CNY 1,313,984,299.56, a decrease of 1.4%[32]. - The total assets of the company remained stable at approximately 13 billion CNY, with no significant adjustments reported[53]. Shareholder Information - The top ten shareholders hold a combined 58.36% of the company's shares, with the largest shareholder owning 14.36%[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. - The company has a capital reserve of CNY 1,278,228,803.52 and a share capital of CNY 291,707,120.00[56]. Other Income and Expenses - The company reported a non-operating income of ¥5,449,204.73 from government subsidies, while incurring a loss of ¥102.56 from the disposal of non-current assets[8]. - The company reported a significant increase in other income, with other gains rising by 274.54% to ¥5.45 million from ¥1.45 million, mainly from tax refunds received by subsidiaries[16]. - Tax expenses decreased by 48.47% to ¥28.44 million from ¥55.19 million, mainly due to a reduction in total profit[17]. - Sales expenses for the first quarter were CNY 153,147,544.00, down from CNY 170,480,641.15 in the previous period[38]. Audit and Standards - The company has not undergone an audit for the first quarter report[57]. - The company has implemented new revenue and lease standards starting in 2020, with no retrospective adjustments to prior data[57].