SHD(SH:600630)2020-04-28 16:00Financial Performance - Net profit attributable to shareholders decreased by 1,227.51% to a loss of CNY 98,994,571.98 from a profit of CNY 8,779,911.70 in the same period last year[12] - Operating revenue declined by 29.45% to CNY 727,253,502.93 compared to CNY 1,030,842,448.99 in the previous year[12] - Basic earnings per share dropped to CNY -0.23 from CNY 0.02, a decrease of 1,250.00%[12] - Operating revenue for Q1 2020 was CNY 727.25 million, a decrease of 29.45% compared to CNY 1,030.84 million in Q1 2019, primarily due to the impact of COVID-19 on physical store sales and export orders[20] - The company reported a net profit of -98,955,767.50 RMB for the first quarter of 2020, compared to a net profit of 8,879,464.84 RMB in the same period of 2019, indicating a significant decline[42] - Total revenue for the first quarter of 2020 was 35,021,310.29 RMB, down from 480,275,568.47 RMB in the first quarter of 2019, representing a decrease of approximately 92.7%[44] - The operating profit for the first quarter of 2020 was -77,510,882.66 RMB, compared to an operating profit of 14,280,540.79 RMB in the first quarter of 2019[42] - The total comprehensive income for the first quarter of 2020 was -99,181,526.40 RMB, compared to 8,824,490.02 RMB in the first quarter of 2019[44] Cash Flow - Net cash flow from operating activities improved by 13.56% to a negative CNY 75,011,690.00 from a negative CNY 86,775,549.01 year-on-year[12] - The net cash flow from operating activities was negative, with a decrease of 13.56% compared to a loss of CNY 75.01 million in Q1 2019[20] - The cash flow from operating activities for the first quarter of 2020 was 855,994,664.00 RMB, down from 1,158,974,229.02 RMB in the first quarter of 2019[48] - Total cash inflow from operating activities was 1,148,125,727.43, while cash outflow was 1,223,137,417.43, resulting in a net cash flow of -75,011,690.00[50] - Cash inflow from financing activities totaled 281,853,648.21, an increase from 246,536,592.29 in the previous period[52] - The net cash flow from financing activities increased by 479.10% to CNY 64.69 million, mainly due to the acquisition of special loans for epidemic prevention[20] - The net cash flow from investing activities was -30,469,849.86, worsening from -18,619,216.46 in the previous period[50] Assets and Liabilities - Total assets increased by 6.75% to CNY 3,158,452,171.03 compared to the end of the previous year[12] - Total liabilities increased to CNY 1,415.95 million as of March 31, 2020, compared to CNY 1,117.12 million at the end of 2019[31] - The company's cash and cash equivalents decreased to CNY 289.65 million from CNY 331.49 million year-over-year[25] - Inventory increased to CNY 1,075.50 million as of March 31, 2020, compared to CNY 1,001.22 million at the end of 2019[29] - Total current assets amounted to approximately CNY 2,476.71 million, with inventory valued at CNY 1,001.22 million[57] - Total liabilities reached approximately CNY 1,117.12 million, with current liabilities totaling CNY 1,112.35 million[60] - Shareholders' equity totaled approximately CNY 1,841.68 million, with total equity attributable to the parent company at CNY 1,822.67 million[63] Investments and Expenditures - The company reported a significant increase in construction in progress by 298.52% to CNY 46,042,749.06 due to investments in production facilities for masks and protective clothing[18] - The net cash flow from investment activities showed a significant increase in outflows, with a decrease of 63.65% to CNY -30.47 million, attributed to increased expenditures for the transformation of production facilities for epidemic prevention materials[20] - Research and development expenses for Q1 2020 were RMB 12,275,089.93, down from RMB 15,310,282.11, a decrease of 19.9%[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 77,988, with the largest shareholder holding 30.08%[12] - The company has zero pre-receipt accounts due to the implementation of new revenue standards, which shifted to contract liabilities[18] Compliance and Standards - The company has adopted new revenue recognition standards effective from January 1, 2020, impacting financial reporting[67] - The company has not reported any audit issues, indicating compliance with financial regulations[69]