xldz(SZ:002546)2020-04-17 16:00Revenue and Profit - The company's revenue for Q1 2020 was ¥87,406,174.81, a decrease of 38.63% compared to ¥142,414,249.77 in the same period last year[8] - Net profit attributable to shareholders was ¥23,317,492.64, down 8.54% from ¥25,493,825.68 year-on-year[8] - The company's operating income decreased by ¥55,008,100, a drop of 38.63%, mainly due to delays in resuming work caused by the COVID-19 pandemic[16] - Total operating revenue for Q1 2020 was CNY 87,406,174.81, a decrease of 38.7% compared to CNY 142,414,249.77 in Q1 2019[43] - Net profit for Q1 2020 was CNY 22,070,350.34, representing a decrease of 20.5% compared to CNY 27,775,372.56 in Q1 2019[44] - The company's net profit for Q1 2020 was ¥22,070,350.34, a decrease of 12.5% compared to ¥25,247,372.56 in the same period last year[45] Cash Flow - The net cash flow from operating activities was -¥59,002,957.17, representing a decrease of 445.11% compared to -¥10,824,135.93 in the same period last year[8] - Net cash flow from operating activities decreased by 48,178,800 yuan, a decline of 445.11%, primarily due to increased procurement payments and tax payments, along with a decrease in cash received from sales[17] - Cash inflow from operating activities totaled 63,100,096.72 yuan, a decrease of 5.9% from 66,738,143.31 yuan in the previous period[54] - Cash outflow for purchasing goods and services increased to 70,081,057.46 yuan, up 10.2% from 63,788,187.04 yuan in the previous period[54] - The cash inflow from operating activities totaled ¥110,716,851.30, down from ¥125,309,726.61 in Q1 2019[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,384,325,953.50, a decrease of 1.69% from ¥3,442,609,725.12 at the end of the previous year[8] - Total assets as of March 31, 2020, amounted to CNY 2,968,083,293.81, a slight decrease from CNY 3,015,132,002.20 at the end of 2019[41] - Total liabilities decreased to CNY 200,662,540.75 in Q1 2020 from CNY 256,714,248.41 in Q1 2019, reflecting a reduction of 22%[41] - The company's total assets decreased to CNY 3,384,325,953.50 from CNY 3,442,609,725.12, reflecting a decline of approximately 1.9%[34] - Total liabilities amounted to CNY 256,714,248.41, with no change compared to the previous period[61] Investments and Financial Management - Investment income increased by 9,820,800 yuan, a growth of 81.30%, primarily due to higher returns from financial products[17] - The company reported an investment income of CNY 21,900,676.95 for Q1 2020, an increase of 81.5% compared to CNY 12,079,902.93 in Q1 2019[44] - The total amount of entrusted financial management reached 2,679,570,000 yuan, with an unexpired balance of 2,161,600,000 yuan[23] - The company reported an investment income of ¥10,036,029.18 in Q1 2020, significantly lower than ¥44,844,140.93 in the previous year[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,627[12] - The company's equity attributable to shareholders is 2,972,800,459.25 yuan, consistent with the previous period[58] Compliance and Governance - There were no instances of non-compliance with external guarantees or non-operational fund occupation by major shareholders during the reporting period[28][29] - The first quarter report was not audited, indicating a preliminary financial assessment[62] Changes in Operations - The company plans to change the implementation method of certain fundraising projects, focusing on selecting local service teams and acquiring stakes in local enterprises for offline service network construction[19] - The company agreed to reduce the registered capital of its subsidiaries, with 520 million yuan of the raised funds transferred to the company's fundraising account for project implementation[19] - The company acquired 100% equity of its wholly-owned subsidiary, Nanjing Xunlian Smart Energy Service Co., Ltd., and Nanjing Kangyuan Information Technology Co., Ltd.[19] Other Financial Metrics - The company's weighted average return on equity was 0.81%, slightly down from 0.87% in the previous year[8] - The company's R&D expenses for Q1 2020 were CNY 10,411,095.07, a decrease of 6.3% from CNY 11,108,458.58 in Q1 2019[44] - The company's short-term borrowings remained stable at CNY 20,000,000.00, unchanged from the previous period[35] - The company's accounts receivable decreased to CNY 282,454,218.50 from CNY 295,536,841.31, a reduction of about 4.4%[34]