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宁波韵升(600366) - 2020 Q1 - 季度财报
NBYSNBYS(SH:600366)2020-04-27 16:00

Financial Performance - Operating revenue for the period was CNY 388,612,271.16, representing a year-on-year increase of 7.27%[12] - Net profit attributable to shareholders was a loss of CNY 21,952,975.03, compared to a profit of CNY 106,440,125.32 in the same period last year[12] - The weighted average return on equity decreased by 2.9 percentage points to -0.52%[12] - The basic earnings per share were CNY -0.0222, down from CNY 0.1076 in the same period last year[12] - The company reported a net operating profit of CNY -26,204,119.24 for Q1 2020, compared to CNY 137,462,826.89 in Q1 2019[38] - Net profit for Q1 2020 was a loss of CNY 22,913,602.07, compared to a profit of CNY 109,362,366.66 in Q1 2019, indicating a significant decline[41] - The total comprehensive income for Q1 2020 was CNY -22,168,901.90, compared to CNY 108,548,551.13 in Q1 2019[41] Cash Flow - The net cash flow from operating activities was negative CNY 41,722,668.66, compared to positive CNY 153,529,615.36 in the previous year[12] - The net cash flow from investing activities improved from negative CNY 326,034,934.87 to negative CNY 225,096,981.94, indicating less cash outflow for investments[21] - The net cash flow from financing activities turned positive at CNY 38,805,893.90, compared to negative CNY 99,953,085.72 in the previous year[21] - The net cash flow from operating activities was -41,722,668.66 RMB in Q1 2020, contrasting with a positive net cash flow of 153,529,615.36 RMB in Q1 2019[48] - The company recorded a cash outflow from investing activities of 1,511,705,314.76 RMB in Q1 2020, compared to 1,706,900,316.50 RMB in Q1 2019, showing a decrease of about 11.4%[50] - The net cash flow from investing activities was -225,096,981.94 RMB in Q1 2020, an improvement from -326,034,934.87 RMB in Q1 2019[50] - Cash inflow from financing activities amounted to $45,000,000.00, while cash outflow was $483,409.73, leading to a net cash flow of $44,516,590.27[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,647,438,082.42, an increase of 0.38% compared to the end of the previous year[12] - Total liabilities increased to ¥1,355,729,990.24 from ¥1,312,278,860.68, reflecting a growth of approximately 3.3%[28] - Total equity attributable to shareholders decreased to ¥4,239,758,110.01 from ¥4,260,966,384.87, a decline of about 0.5%[28] - Total assets decreased to ¥4,438,368,398.84 from ¥4,700,056,026.84, a decline of about 5.6%[32] - Current liabilities decreased to ¥745,567,061.10 from ¥981,144,739.36, a reduction of approximately 24.0%[34] - Total liabilities and equity amounted to ¥4,438,368,398.84, down from ¥4,700,056,026.84, a decrease of approximately 5.6%[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 85,261[15] - The largest shareholder, Yunsen Holdings Group Co., Ltd., held 32.39% of the shares[15] Operational Metrics - Operating costs increased by 7.75% from CNY 304,820,634.63 to CNY 328,439,073.15, also due to higher sales volume[21] - Other income surged by 889.14% from CNY 741,700.00 to CNY 7,336,481.23, attributed to increased subsidy income during the reporting period[21] - Accounts payable increased by 40.30% from CNY 158,614,829.89 to CNY 222,541,325.66, reflecting higher procurement payables during the reporting period[21] - Inventory increased to ¥236,069,437.86 from ¥189,332,051.92, reflecting an increase of approximately 24.7%[32] Research and Development - Research and development expenses for Q1 2020 were CNY 29,623,613.94, down 9.4% from CNY 32,781,650.78 in Q1 2019[38] - The company’s research and development expenses were 10,862,085.05 RMB in Q1 2020, a decrease from 11,327,660.27 RMB in Q1 2019, reflecting a reduction of about 4.1%[43] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[19] - The company did not apply new revenue and lease standards for the current reporting period[55]