中国出版(601949) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 697,875,482.97, representing a decline of 20.34% year-on-year [10]. - Net profit attributable to shareholders was a loss of CNY 43,374,575.49, compared to a profit of CNY 58,320,728.21 in the same period last year [10]. - Basic earnings per share were CNY -0.0238, down from CNY 0.0320 in the same period last year [10]. - The company reported a net profit of CNY 385,923,394.30 for the first quarter of 2020, compared to CNY 385,020,937.23 in the previous period, indicating a slight increase [40]. - The company reported a total comprehensive income of approximately -$50.08 million for Q1 2020, compared to $58.71 million in Q1 2019 [46]. - The company’s operating profit for Q1 2020 was approximately -$53.83 million, compared to an operating profit of $59.85 million in Q1 2019 [45]. - The company reported a gross profit margin of approximately -0.02% in Q1 2020, compared to a gross profit margin of 6.8% in Q1 2019 [45]. Cash Flow - The net cash flow from operating activities was a negative CNY 330,131,898.87, compared to a negative CNY 223,587,684.22 in the previous year [10]. - Cash inflows from operating activities totaled CNY 771,371,521.41 in Q1 2020, down from CNY 998,869,888.57 in Q1 2019, reflecting a decline of approximately 22.7% [56]. - The net cash flow from investment activities was CNY 73,832,417.68 in Q1 2020, a decrease from CNY 531,237,295.77 in Q1 2019, indicating a decline of 86.1% [56]. - The net cash flow from financing activities was negative at CNY -1,914,710.14 in Q1 2020, compared to a positive CNY 780,076.89 in Q1 2019, reflecting a significant shift [58]. - The ending balance of cash and cash equivalents was CNY 1,209,265,037.45 in Q1 2020, down from CNY 1,759,366,755.67 in Q1 2019, a decrease of 31.2% [58]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,868,914,670.76, a decrease of 2.61% compared to the end of the previous year [10]. - Total liabilities decreased from CNY 5,497,396,596.28 to CNY 5,203,068,939.95, a reduction of approximately 5.34% [33]. - Total equity attributable to shareholders decreased from CNY 6,651,277,911.73 to CNY 6,609,278,706.52, a decline of about 0.63% [33]. - Total current assets decreased from CNY 6,056,832,594.90 to CNY 5,747,028,131.90, a decline of about 5.11% [38]. - Current liabilities decreased from CNY 4,911,869,412.42 to CNY 4,600,881,650.47, a decline of about 6.32% [40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 56,660 [16]. - The largest shareholder, China Publishing Group Corporation, held 76.05% of the shares [16]. Research and Development - Research and development expenses surged by 6,878.52% to ¥14,651,833.98 from ¥209,956.13, reflecting increased R&D activities [23]. Inventory and Impairment - Inventory impairment losses increased by 51.50% to -¥70,582,565.73 from -¥46,589,439.07, indicating a rise in inventory write-downs [23]. Taxation - The company reported a 49.91% decrease in taxes payable to ¥48,226,929.93 from ¥96,275,137.99, due to tax payments made during the reporting period [22].