多氟多(002407) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥821,571,718.94, a decrease of 8.71% compared to ¥899,958,586.20 in the same period last year[3] - Net profit attributable to shareholders was ¥1,235,590.22, down 97.22% from ¥44,406,348.41 year-on-year[3] - The net profit after deducting non-recurring gains and losses was -¥25,848,209.89, a decline of 198.76% compared to ¥26,173,244.30 in the previous year[3] - Total revenue for Q1 2020 was approximately ¥830.96 million, a decrease of 8.6% compared to ¥909.59 million in Q1 2019[28] - Operating revenue for Q1 2020 was approximately ¥821.57 million, down from ¥899.96 million in the same period last year, reflecting a decline of 8.7%[28] - Net profit for the first quarter was CNY 3,984,313.89, a significant decrease from CNY 60,361,199.92 in the same period last year, reflecting a decline of approximately 93.39%[30] - Total comprehensive income for the first quarter was CNY 3,985,306.70, a decrease from CNY 60,361,199.92 in the previous year, reflecting a decline of approximately 93.39%[30] Cash Flow - The net cash flow from operating activities was ¥6,646,305.73, a significant improvement from -¥95,674,558.18 in the same period last year[3] - Net cash flow from operating activities increased by 102.32 million yuan, driven by higher cash received from sales and reduced payments to employees and taxes[13] - Cash inflow from investment activities totaled 909,967,572.12 CNY, a substantial increase from 116,184,498.64 CNY year-over-year[36] - The net cash flow from financing activities decreased by 512.32 million yuan, down 84.92%, primarily due to increased cash payments for debt repayment[13] - The net cash flow from financing activities was 91,001,903.29 CNY, compared to 603,321,915.26 CNY in the previous year, showing a decrease in financing activity[36] - The company experienced a net decrease in cash and cash equivalents of 33,551,446.74 CNY during the quarter[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,584,643,385.98, an increase of 4.94% from ¥9,133,449,954.83 at the end of the previous year[3] - Current assets totaled approximately 4.23 billion yuan as of March 31, 2020, compared to 3.80 billion yuan at the end of 2019[22] - Total liabilities increased to approximately ¥6.15 billion, compared to ¥5.62 billion, representing a rise of 9.4%[25] - Current liabilities totaled approximately ¥4.87 billion, an increase from ¥4.49 billion in the previous year, indicating a rise of 8.4%[26] - Long-term borrowings rose to approximately ¥836 million, up from ¥687 million, marking an increase of 21.6%[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 123,344, with the top 10 shareholders holding a combined 19.66% of the shares[6] - The equity attributable to shareholders decreased to approximately ¥2.87 billion from ¥2.95 billion, a decline of 2.9%[25] Research and Development - R&D expenses decreased by 11.27 million yuan, down 31.61% year-on-year, mainly due to reduced investment in the reporting period[12] - Research and development expenses decreased to CNY 24,384,776.54 from CNY 35,655,975.87, showing a reduction of about 31.67%[29] Other Income and Expenses - Other income increased by 9.18 million yuan, up 84.32% year-on-year, primarily due to increased government subsidies received during the reporting period[12] - Investment income rose by 3.71 million yuan, attributed to higher returns from financial products purchased during the reporting period[12] - Financial expenses increased to CNY 38,268,310.20 from CNY 30,313,072.78, marking an increase of about 26.36%[29] - Tax expenses decreased to CNY 5,429,224.32 from CNY 9,230,836.13, showing a reduction of about 41.00%[30] Future Outlook - The estimated net profit for the first half of 2020 is expected to decline by over 50% year-on-year, with a range of 18 million to 26.5 million yuan[17] - The company plans to acquire 90% of the equity of Jiaozuo Partner Nano Materials Engineering Co., Ltd. for 89.10 million yuan[14]