新安股份(600596) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥2,596,208,313.68, representing a decrease of 9.32% year-on-year[12] - Net profit attributable to shareholders was ¥8,939,053.53, a significant decline of 92.52% compared to the same period last year[12] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,126,168.79, down 95.46% year-on-year[12] - Basic earnings per share decreased to ¥0.0129, a drop of 92.58% compared to ¥0.1739 in the same period last year[12] - The weighted average return on equity was 0.16%, down 1.93 percentage points from 2.09% in the previous year[12] - The company reported a significant decrease in net profit for the year, attributed to the impact of the global COVID-19 pandemic and market conditions[28] - Total revenue for Q1 2020 was CNY 2,596,208,313.68, a decrease of 9.3% compared to CNY 2,863,144,171.89 in Q1 2019[46] - The net profit for Q1 2020 was ¥23,047,042.24, significantly down from ¥136,828,953.35 in the same period last year, representing a decline of about 83%[50] - The total comprehensive income for Q1 2020 was ¥14,759,074.89, a significant drop from ¥135,083,009.20 in Q1 2019, representing a decrease of approximately 89%[52] Assets and Liabilities - Total assets at the end of the reporting period reached ¥11,485,335,287.19, an increase of 5.43% compared to the end of the previous year[12] - The company recorded a total liability of CNY 5.08 billion, compared to CNY 4.50 billion at the end of 2019, indicating an increase of about 12.9%[38] - The company's total assets reached CNY 7,372,694,561.64, an increase of 4.2% from CNY 7,077,856,689.55 at the end of 2019[46] - Total liabilities as of March 31, 2020, were CNY 3,196,816,523.58, an increase of 10.9% from CNY 2,881,082,339.71 at the end of 2019[46] Cash Flow - The net cash flow from operating activities was -¥35,511,604.03, an improvement from -¥59,134,828.15 in the same period last year[12] - Cash flow from operating activities for the first quarter of 2020 was -35,511,604.03 RMB, compared to -59,134,828.15 RMB in the first quarter of 2019, showing an improvement[59] - Total cash inflow from operating activities was 1,424,423,887.84 RMB, down from 1,797,926,461.11 RMB in the previous year[59] - Cash outflow from operating activities totaled 1,459,935,491.87 RMB, compared to 1,857,061,289.26 RMB in the first quarter of 2019[59] - The net cash flow from investing activities was -273,269,908.79 RMB, worsening from -36,584,141.68 RMB in the same quarter of 2019[59] - The net cash flow from financing activities was 255,270,868.97 RMB, an increase from 116,174,529.98 RMB in the same period of 2019[61] Shareholder Information - Total number of shareholders at the end of the reporting period is 65,004[18] - The largest shareholder, Chuanhua Group Co., Ltd., holds 101,725,800 shares, accounting for 14.42% of total shares[18] Expenses and Costs - Total operating costs for Q1 2020 were CNY 2,539,182,617.78, down from CNY 2,702,481,591.91 in Q1 2019, reflecting a reduction of 6.0%[46] - Research and development expenses decreased by 32.34% to 45,640,355.44 RMB compared to the same period last year[23] - The company's sales expenses increased to ¥86,073,818.11 in Q1 2020 from ¥84,080,100.26 in Q1 2019, an increase of about 2%[50] - The tax expenses for Q1 2020 were ¥12,557,964.80, compared to ¥11,698,060.45 in Q1 2019, reflecting an increase of approximately 7%[50] Other Financial Metrics - The company has made a full impairment provision of CNY 20.27 million for a loan dispute, reflecting a proactive approach to managing credit risk[28] - The company’s long-term borrowings increased to CNY 1.07 billion from CNY 872 million, marking a rise of approximately 23.3%[38] - The company's cash and cash equivalents were CNY 1.04 billion, down from CNY 1.11 billion at the end of 2019, reflecting a decrease of about 6.2%[34] - Cash received from tax refunds decreased by 66.02% to 32,045,592.88 RMB[24] - Cash paid for various taxes decreased by 66.12% to 65,498,479.43 RMB[24]