天润乳业(600419) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 0.07% to CNY 347,454,023.83 compared to the same period last year[4] - Net profit attributable to shareholders decreased by 36.17% to CNY 19,737,899.73 compared to the same period last year[4] - The total profit for Q1 2020 was CNY 20,704,374.74, a decrease of 43.81% compared to the previous year[10] - Net profit attributable to shareholders was CNY 19,737,899.73, down 36.17% year-on-year[10] - Total operating revenue for Q1 2020 was CNY 347,454,023.83, a slight decrease of 0.07% compared to CNY 347,690,617.43 in Q1 2019[20] - Net profit for Q1 2020 was CNY 18,734,043.83, down 40.6% from CNY 31,497,589.62 in Q1 2019[21] - The company's revenue for Q1 2020 was CNY 143,714,513.90, an increase of 10.4% compared to CNY 129,640,676.39 in Q1 2019[23] - Operating profit for Q1 2020 was CNY 4,040,769.30, a significant improvement from a loss of CNY 392,015.59 in Q1 2019[24] - Net profit for Q1 2020 reached CNY 4,001,246.66, compared to a net loss of CNY 392,015.59 in the same period last year[24] - The total comprehensive income for Q1 2020 was CNY 4,001,246.66, reversing from a loss of CNY 392,015.59 in Q1 2019[24] Assets and Liabilities - Total assets increased by 20.00% to CNY 2,429,768,837.50 compared to the end of the previous year[4] - Current assets totaled CNY 851,936,437.09 as of March 31, 2020, compared to CNY 463,892,333.87 at the end of 2019[13] - Total assets amounted to CNY 2,429,768,837.50, up from CNY 2,024,801,084.11 at the end of 2019[15] - Total liabilities decreased to CNY 796,183,780.64 from CNY 846,674,565.84 at the end of 2019[15] - Total liabilities decreased slightly to CNY 599,959,649.51 from CNY 609,129,880.39 year-over-year[19] - Total assets as of the end of Q1 2020 amounted to CNY 1,850,244,799.91, an increase from CNY 1,418,689,289.37 at the end of Q1 2019[19] - Total liabilities were CNY 846,674,565.84, with current liabilities at CNY 704,014,890.09[32] Shareholder Information - Net assets attributable to shareholders increased by 44.47% to CNY 1,482,808,514.32 compared to the end of the previous year[4] - The number of shareholders reached 24,117 at the end of the reporting period[7] - Owner's equity increased to CNY 1,250,285,150.40, up from CNY 809,559,408.98 in Q1 2019[19] - The total equity attributable to shareholders was CNY 1,026,346,119.83, with total equity at CNY 1,178,126,518.27[33] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -55,262,422.15, worsening from CNY -5,997,104.30 in the previous year[4] - Cash flow from operating activities was negative CNY 55,262,422.15, significantly worse than the previous year's negative CNY 5,997,104.30[10] - Cash flow from financing activities increased by 692.47% to CNY 475,152,948.95, mainly due to funds raised from share issuance and increased bank loans[10] - Cash inflow from financing activities in Q1 2020 was CNY 538,028,400.54, significantly higher than CNY 60,000,000.00 in Q1 2019[27] - The total cash increase for Q1 2020 was CNY 376,867,789.28, compared to a decrease of CNY 14,195,039.68 in Q1 2019[27] Expenses - Sales expenses increased by 37.46% to CNY 52,716,905.78 primarily due to increased freight costs[9] - Total operating costs increased to CNY 321,094,645.95, up 3.99% from CNY 308,848,021.97 in the same period last year[20] - Research and development expenses for Q1 2020 were CNY 393,288.98, a decrease from CNY 508,018.09 in Q1 2019[20] Cash and Cash Equivalents - Cash and cash equivalents increased by 262.92% to CNY 520,204,925.87 due to the arrival of funds from a share placement[9] - The company's cash and cash equivalents increased to CNY 520,204,925.87 from CNY 143,337,136.59 at the end of 2019[13] - Cash and cash equivalents in current assets totaled CNY 850,481,375.47, significantly higher than CNY 418,591,409.24 in the previous year[19] - Cash and cash equivalents at the end of Q1 2020 increased to CNY 520,204,925.87 from CNY 143,054,136.30 at the end of Q1 2019[27] - The cash and cash equivalents increased by CNY 349,732,165.76, resulting in a total of CNY 486,714,801.58 at the end of the period[29]