澳柯玛(600336) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 43.76% to CNY 20,741,631.39 year-on-year[6] - Operating revenue declined by 14.89% to CNY 1,283,656,670.76 compared to the same period last year[6] - Basic earnings per share dropped by 40.00% to CNY 0.03 compared to the previous year[6] - Total operating revenue for Q1 2020 was ¥1,283,656,670.76, a decrease of 14.9% compared to ¥1,508,248,216.77 in Q1 2019[24] - Net profit for Q1 2020 was ¥21,388,470.38, a decline of 43.0% from ¥37,528,673.88 in Q1 2019[25] - Earnings per share for Q1 2020 were ¥0.03, compared to ¥0.05 in Q1 2019[25] - Total comprehensive income for Q1 2020 was ¥12.20 million, significantly lower than ¥57.53 million in Q1 2019[28] - The company’s total operating profit for Q1 2020 was ¥11.05 million, a decrease of 83.9% from ¥68.58 million in Q1 2019[27] Cash Flow - Cash flow from operating activities decreased by 49.61% to CNY 195,591,581.31 year-on-year[6] - The net cash flow from operating activities decreased by 49.61% to ¥195,591,581.31 compared to the previous period[13] - Cash flow from operating activities for Q1 2020 was ¥195.59 million, a decline of 49.6% compared to ¥388.16 million in Q1 2019[31] - In Q1 2020, the net cash flow from operating activities was -449,478,060.73 RMB, a significant decline compared to 381,798,365.26 RMB in Q1 2019[34] - Total cash inflow from operating activities decreased to 1,119,635,390.64 RMB in Q1 2020 from 1,235,962,621.37 RMB in Q1 2019, representing a decline of approximately 9.4%[34] - Cash outflow from operating activities increased to 1,569,113,451.37 RMB in Q1 2020, up from 854,164,256.11 RMB in Q1 2019, indicating a rise of about 84.5%[34] Assets and Liabilities - Total assets increased by 10.98% to CNY 7,431,758,511.65 compared to the end of the previous year[6] - Current assets totaled ¥5,033,786,915.88, an increase from ¥4,354,109,774.92 in the previous year[17] - The total liabilities increased to ¥5,208,062,488.58 from ¥4,496,000,790.84, indicating a rise in financial obligations[19] - Total liabilities for Q1 2020 were ¥2,880,975,507.90, down from ¥2,986,617,474.93 in Q1 2019[22] Shareholder Information - The number of shareholders reached 37,888 at the end of the reporting period[10] - The company's equity attributable to shareholders rose to ¥2,041,527,804.52 from ¥2,018,989,530.13, reflecting retained earnings growth[19] Operational Efficiency - Long-term receivables increased by 104.28% to CNY 76,471,644.15 due to growth in business[12] - Short-term borrowings rose by 57.88% to CNY 969,676,613.14 reflecting increased financing needs[12] - Inventory decreased to ¥1,057,623,146.70 from ¥1,125,621,080.61, reflecting improved inventory management[17] - The company’s inventory decreased to ¥371,422,069.90 in Q1 2020 from ¥403,999,630.92 in Q1 2019, indicating better inventory management[21] Government Support - Government subsidies recognized in the current period amounted to CNY 8,019,171.46, closely related to normal business operations[6] Research and Development - Research and development expenses rose to ¥34,725,608.02 in Q1 2020, up from ¥30,996,855.98 in Q1 2019, indicating a focus on innovation[24] - Research and development expenses increased to ¥26.32 million, up 12.6% from ¥23.35 million in Q1 2019[27] Financial Management - The weighted average return on equity decreased by 0.96 percentage points to 1.02%[6] - The company reported a financial expense of -¥3,393,495.93 in Q1 2020, compared to ¥5,079,093.15 in Q1 2019, reflecting improved financial management[24] - The company’s financial expenses included interest expenses of ¥9.98 million, which increased from ¥3.52 million in Q1 2019[27] Future Considerations - The company plans to use up to ¥350 million of idle raised funds to temporarily supplement working capital, with a usage period of 12 months[14] - The company has adopted new revenue and lease accounting standards starting in 2020, which may impact future financial reporting[36]