大东方(600327) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was CNY 1.35 billion, a decrease of 40.66% compared to CNY 2.27 billion in the same period last year[10] - Net profit attributable to shareholders was CNY 45.53 million, down 64.74% from CNY 129.12 million year-on-year[10] - Basic earnings per share were CNY 0.051, down 65.07% from CNY 0.146 in the same period last year[6] - Total operating revenue for Q1 2020 was ¥1,348,242,788.22, a decrease of 40.6% compared to ¥2,272,227,482.18 in Q1 2019[26] - Net profit for Q1 2020 was ¥50,370,116.69, a decline of 63.9% compared to ¥139,421,626.83 in Q1 2019[26] - The total comprehensive income for Q1 2020 was -¥18,201,194.47, compared to ¥180,651,261.54 in Q1 2019, indicating a significant decline[27] - The company's operating profit for Q1 2020 was ¥19,410,932.14, a decrease of 76.0% compared to ¥80,930,193.36 in Q1 2019[29] - The total profit for Q1 2020 was ¥14,608,900.87, down 83.4% from ¥87,882,195.57 in Q1 2019[29] Cash Flow - Operating cash flow for the period was CNY 184.02 million, an increase of 56.12% compared to CNY 117.87 million in the previous year[6] - Cash received from sales and services decreased by 31.01% year-on-year to ¥1,768,307,204.17, primarily due to reduced revenue impacted by the COVID-19 pandemic[15] - Cash received from other operating activities increased by 49.88% year-on-year to ¥17,596,855.49, mainly due to an increase in deposits received compared to last year[16] - Cash paid for purchasing goods and services decreased by 36.75% year-on-year to ¥1,351,019,191.62, attributed to the decline in revenue[15] - Cash paid for dividends and interest increased by 114.32% year-on-year to ¥10,350,482.35, primarily due to increased interest expenses from borrowing[15] - The net cash flow from operating activities for Q1 2020 was ¥184,017,143.53, an increase of 56.0% from ¥117,870,267.49 in Q1 2019[31] - The cash inflow from operating activities decreased to ¥1,785,904,059.66 in Q1 2020 from ¥2,574,776,841.55 in Q1 2019, a decline of 30.7%[31] - The cash outflow for purchasing goods and services in Q1 2020 was ¥1,351,019,191.62, down from ¥2,136,021,339.34 in Q1 2019, reflecting a decrease of 36.7%[31] - The company generated 378,202,330.99 RMB in cash inflows from operating activities in Q1 2020, down 43.5% from 670,428,006.43 RMB in Q1 2019[34] - Cash outflows from operating activities totaled 419,667,098.87 RMB in Q1 2020, a decrease of 34.3% compared to 638,793,338.60 RMB in Q1 2019[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5.82 billion, a decrease of 3.33% from CNY 6.02 billion at the end of the previous year[6] - Total current assets decreased from ¥2,523,877,802.49 at the end of 2019 to ¥2,446,979,724.98 as of March 31, 2020[20] - Total liabilities decreased from ¥2,449,114,392.61 at the end of 2019 to ¥2,266,184,441.07 as of March 31, 2020[21] - The company's total assets decreased from ¥6,016,790,748.97 at the end of 2019 to ¥5,816,659,602.96 as of March 31, 2020[21] - Total liabilities increased to ¥1,314,963,693.54 in Q1 2020 from ¥1,242,467,480.60 in Q4 2019[24] - The total owner's equity increased to CNY 3,021,135,389.10, with retained earnings at CNY 972,230,442.74[42] - The total equity attributable to shareholders decreased to ¥2,962,623,381.85 from ¥3,021,135,389.10, a decline of 1.9%[24] - The company’s total liabilities amounted to 2,061,490,694.55 RMB, reflecting stable financial leverage[37] Receivables and Inventory - Accounts receivable decreased by 40.47% to CNY 100.36 million, primarily due to a reduction in automotive business receivables[11] - Accounts receivable decreased significantly to ¥2,728,455.66 from ¥8,249,191.54, a drop of 66.9%[23] - The company reported a decrease in inventory from ¥910,353,248.03 to ¥727,322,740.15, indicating a reduction in stock levels[20] - The company reported a decrease in inventory, with figures at ¥62,139,497.10 compared to ¥62,215,274.90 at the end of 2019, a marginal decline of 0.1%[23] Financial Ratios and Returns - The weighted average return on equity decreased by 3.30 percentage points to 1.34% from 4.64%[6] - Long-term equity investments increased to ¥1,497,672,710.69 from ¥1,346,262,197.68, representing an increase of 11.2%[23] - The company's financial expenses for Q1 2020 were ¥3,328,162.44, compared to a gain of ¥4,458,617.43 in Q1 2019[29] - The company raised 227,662,249.65 RMB through borrowings in Q1 2020, significantly higher than 99,801,395.00 RMB in Q1 2019, indicating increased reliance on debt financing[34]