NXBM(SH:600449)2020-04-24 16:00Financial Performance - Operating revenue for the reporting period was CNY 378,811,048.47, a decline of 20.29% year-on-year[11] - Net profit attributable to shareholders of the listed company was a loss of CNY 16,960,128.24, compared to a loss of CNY 55,177,177.92 in the same period last year[11] - Basic earnings per share were CNY -0.04, compared to CNY -0.12 in the same period last year[11] - The weighted average return on net assets was -0.30%, improving from -1.12% year-on-year[11] - Total operating revenue for Q1 2020 was RMB 378,811,048.47, a decrease of 20.3% compared to RMB 475,238,496.56 in Q1 2019[43] - Net profit for Q1 2020 was a loss of RMB 13,089,972.64, an improvement from a loss of RMB 50,097,189.29 in Q1 2019[45] - Operating profit for Q1 2020 was a loss of RMB 24,126,131.66, compared to a loss of RMB 49,209,927.06 in Q1 2019[43] - The total profit for Q1 2020 was a loss of RMB 16,795,995.36, an improvement from a loss of RMB 39,985,193.85 in Q1 2019[43] Cash Flow - Net cash flow from operating activities was CNY 116,929,319.64, down 30.13% from the previous year[11] - Net cash flow from operating activities decreased to CNY 116,929,319.64 in Q1 2020, down 30.1% from CNY 167,344,919.68 in Q1 2019[54] - The company reported a significant increase in cash outflow from investment activities, totaling CNY 416,547,848.03 in Q1 2020, compared to CNY 98,820,407.63 in Q1 2019[56] - The net cash flow from investment activities was negative CNY 316,126,031.59 in Q1 2020, compared to negative CNY 98,820,407.63 in Q1 2019, indicating increased investment expenditures[56] - Cash inflow from financing activities decreased to CNY 80,000,000.00 in Q1 2020, down from CNY 460,000,000.00 in Q1 2019[56] - The net cash flow from financing activities was negative CNY 96,912,711.85 in Q1 2020, contrasting with a positive net cash flow of CNY 293,014,187.94 in Q1 2019[56] - The company's cash and cash equivalents at the end of Q1 2020 stood at CNY 515,218,108.21, a decrease from CNY 958,195,808.88 at the end of Q1 2019[56] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,413,793,073.13, a decrease of 1.72% compared to the end of the previous year[11] - Total liabilities decreased from CNY 1,296,122,212.29 to CNY 1,177,008,424.47, indicating a reduction in current liabilities[31] - Total liabilities decreased from ¥1,631,666,934.13 to ¥1,512,238,386.51, a reduction of approximately 7.3%[32] - Current assets increased from ¥901,989,598.45 to ¥1,063,619,389.21, representing a growth of about 17.9%[37] - Total equity attributable to shareholders decreased from ¥5,583,172,138.77 to ¥5,568,768,915.12, a slight decline of approximately 0.3%[32] Income and Expenses - Operating costs decreased by 20.00% from CNY 379,900,414.23 to CNY 303,938,365.31, reflecting the reduction in costs associated with lower sales volume[22] - Financial expenses decreased by 69.00% from CNY 7,340,544.89 to CNY 2,275,429.77, resulting from a reduction in interest expenses due to lower interest-bearing liabilities[22] - Other income increased significantly by 1070.72% from CNY 2,869,318.82 to CNY 33,591,601.53, driven by VAT refunds and social security reductions[22] - The company reported a non-operating income of CNY 19,659,078.59 during the reporting period[12] - Research and development expenses increased to RMB 454,114.60 in Q1 2020, up from RMB 358,045.40 in Q1 2019[43] Shareholder Information - The total number of shareholders at the end of the reporting period was 29,455, with the largest shareholder holding 47.56% of the shares[15] - The company received government subsidies amounting to CNY 12,701,414.60, which are closely related to its normal business operations[12]