GUJING(200596)2020-04-26 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥3,281,368,602.79, a decrease of 10.55% compared to ¥3,668,502,474.92 in the same period last year[4]. - Net profit attributable to shareholders was ¥636,788,443.69, down 18.71% from ¥783,389,904.73 year-on-year[4]. - Basic earnings per share decreased by 19.23% to ¥1.26, down from ¥1.56 in the same period last year[4]. - The total comprehensive income for Q1 2020 was CNY 636,788,443.69, down from CNY 783,389,904.73 in the previous year, reflecting a decrease of 18.7%[29]. - The total operating profit for Q1 2020 was approximately ¥580.58 million, a decrease of 5.54% compared to ¥614.58 million in Q1 2019[19]. - Net profit for Q1 2020 was approximately ¥420.94 million, down 8.81% from ¥461.60 million in Q1 2019[19]. - The company's net profit margin for Q1 2020 was impacted by a decrease in sales expenses, which were ¥989,447,585.63, down from ¥1,167,562,403.83, a reduction of about 15.3%[67]. - The company reported a total profit of approximately ¥839.62 million for Q1 2020, down from ¥1.06 billion in the previous year, a decrease of about 20.5%[68]. Cash Flow - The net cash flow from operating activities increased by 61.54% to ¥1,632,664,980.49, compared to ¥1,010,701,440.91 in the previous year[4]. - Cash inflow from operating activities for Q1 2020 was approximately ¥4.96 billion, an increase of 43.14% from ¥3.47 billion in Q1 2019[34]. - Cash outflow from operating activities for Q1 2020 was approximately ¥3.33 billion, compared to ¥2.46 billion in Q1 2019, representing an increase of 35.24%[34]. - The net increase in cash and cash equivalents was CNY 1,799,260,060.40, up 53.64% from CNY 1,171,124,208.47, attributed to higher sales collections[11]. - Cash and cash equivalents at the end of Q1 2020 totaled approximately ¥4.74 billion, up from ¥2.01 billion at the end of Q1 2019, marking an increase of 136.59%[35]. - The company reported a net cash inflow from other operating activities of approximately ¥545.46 million in Q1 2020, compared to ¥183.73 million in the previous year, indicating a significant increase of about 197.5%[73]. - Total cash inflow from operating activities was ¥4,685,646,503.17, significantly higher than ¥1,934,344,524.19, indicating an increase of approximately 142.4%[76]. Assets and Liabilities - Total assets at the end of the reporting period were ¥15,392,796,907.36, an increase of 10.97% from ¥13,871,297,363.16 at the end of the previous year[4]. - Total liabilities amounted to approximately ¥5.33 billion, an increase from ¥4.44 billion, which is a growth of about 20.1%[22]. - The company's equity attributable to shareholders increased to approximately ¥9.58 billion from ¥8.94 billion, representing a growth of about 7.1%[23]. - Current assets totaled approximately ¥12.03 billion, up from ¥10.53 billion, indicating a growth of around 14.2%[20]. - Total liabilities increased to CNY 1,517,159,771.06 from CNY 1,312,856,695.89, marking a rise of 15.6% year-over-year[26]. - The company's total revenue for Q1 2020 was ¥3,281,368,602.79, a decrease of approximately 10.6% compared to ¥3,668,502,474.92 in Q1 2019[66]. Shareholder Information - The company reported a total of 29,696 common shareholders at the end of the reporting period[7]. - The largest shareholder, Anhui Gujing Group Co., Ltd., held 53.89% of the shares, amounting to 271,404,022 shares[7]. - There were no significant changes in the ownership structure or related party transactions among the top shareholders during the reporting period[9]. Expenses - Total operating costs for Q1 2020 were CNY 2,443,221,802.41, down 8.2% from CNY 2,662,463,799.11 in the same period last year[27]. - Research and development expenses for Q1 2020 were CNY 7,670,570.59, an increase of 19.5% compared to CNY 6,419,946.84 in the previous year[27]. - The company reported a decrease in sales expenses to CNY 989,447,585.63 from CNY 1,167,562,403.83, a reduction of 15.3%[27]. - Other operating expenses surged by 2,052.43% from CNY 1,002,057.61 to CNY 21,568,589.31 primarily due to donations related to the pandemic[11]. Investment and Financial Position - Investment income decreased by 75.67% from CNY 26,924,392.85 to CNY 6,550,446.14 due to reduced earnings from trading financial assets[11]. - The fair value change income decreased by 84.58% from CNY 13,070,885.68 to CNY 2,015,949.87 due to the disposal of trading financial assets[11]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[52]. - The company has not engaged in any repurchase transactions during the reporting period[49].