YILIDA(SZ:002686)2020-06-18 16:00Financial Performance - The company's revenue for Q1 2020 was ¥181,193,861.86, representing a decrease of 40.56% compared to ¥304,827,659.02 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥8,911,926.88, an improvement of 30.44% from a loss of ¥12,812,285.18 in the previous year[9] - The basic earnings per share improved by 29.31%, with a loss of ¥0.0205 per share compared to a loss of ¥0.0290 per share in the previous year[9] - The net loss for Q1 2020 was CNY 12,420,764.21, compared to a net loss of CNY 18,509,667.95 in the same period last year[44] - The total comprehensive income attributable to the parent company was CNY -8,179,870.32, compared to CNY -13,428,151.82 in the previous period[48] Cash Flow - The net cash flow from operating activities improved by 54.88%, with a net outflow of ¥13,104,447.18 compared to ¥29,041,218.55 in the same period last year[9] - Cash flow from operating activities improved by 54.88%, with a net outflow of ¥13.10 million in Q1 2020 compared to ¥29.04 million in Q1 2019[21] - The net cash flow from operating activities decreased to ¥16,733,457.42 from ¥57,893,658.33, representing a decline of approximately 71.1% year-over-year[55] - The net cash flow from investing activities was -¥14,515,933.98, an improvement from -¥44,246,230.56, showing a reduction in cash outflow by about 67.2%[56] - The net cash flow from financing activities was ¥18,020,419.41, a turnaround from -¥117,292,596.94 in the previous period[56] Assets and Liabilities - Total assets decreased by 4.01% to ¥2,958,227,223.60 from ¥3,081,831,352.29 at the end of the previous year[9] - Current liabilities slightly increased to ¥1.55 billion in Q1 2020 from ¥1.55 billion in Q4 2019[36] - Non-current liabilities decreased to ¥215.86 million in Q1 2020 from ¥250.72 million in Q4 2019[36] - Total liabilities as of March 31, 2020, were CNY 873,502,725.61, compared to CNY 865,920,996.28 at the end of 2019[40] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,583[13] - The top shareholder, Zhejiang Zheshang Asset Management Co., Ltd., held 18.24% of the shares, totaling 79,461,412 shares[13] Operating Costs and Expenses - Operating costs decreased by 42.46% to ¥135.88 million in Q1 2020 from ¥236.14 million in Q1 2019[20] - Sales expenses dropped by 51.20% to ¥13.95 million in Q1 2020, attributed to reduced transportation and business expenses[20] - The company incurred research and development expenses of CNY 2,074,715.11, down from CNY 3,617,507.15 in the previous year[47] - The company reported a decrease in sales expenses to CNY 5,629,101.08 from CNY 12,892,062.39 in the previous period[47] Other Income - The company reported non-operating income of ¥2,412,502.21, primarily from government subsidies and asset disposals[10] - Other income increased by 183.50% to ¥2.17 million in Q1 2020, mainly due to increased government subsidies received[20] Cash and Cash Equivalents - The company's cash and cash equivalents rose to CNY 75,120,359.64 from CNY 57,480,649.26 at the end of 2019[39] - Cash and cash equivalents at the end of the period were CNY 139,436,090.43, compared to CNY 158,095,079.72 at the end of the previous period[53] - The ending cash and cash equivalents balance rose to ¥47,806,311.10 from ¥39,308,415.75, an increase of about 21.0%[56] Audit and Standards - The company did not undergo an audit for the first quarter report[58] - The company has not applied new revenue and leasing standards for the first quarter[57]