ST奥康(603001) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue fell by 40.33% to CNY 439,043,602.46 year-on-year[7] - Net profit attributable to shareholders decreased by 96.77% to CNY 2,554,714.23 compared to the same period last year[7] - Basic earnings per share dropped by 96.67% to CNY 0.0067[7] - The gross profit margin for the company decreased by 7.36 percentage points to 30.84% in Q1 2020[25] - Total revenue for Q1 2020 was ¥439,043,602.46, a decrease of 40.3% compared to ¥735,801,408.24 in Q1 2019[39] - Net profit for Q1 2020 was ¥2,004,778.96, a decline of 97.5% from ¥78,871,611.41 in Q1 2019[40] - The company reported a total comprehensive income of ¥5,244,306.25 for Q1 2020, down from ¥73,108,256.18 in Q1 2019[41] Cash Flow - The net cash flow from operating activities was negative at CNY -208,992,456.09, a decline of 4,131.34% year-on-year[7] - Cash received from sales and services was approximately ¥462 million in Q1 2020, down 44.94% from ¥839 million in Q1 2019, again due to the pandemic[17] - Cash payments for operating activities were reduced by 48.11% to ¥64.1 million in Q1 2020 from ¥123.5 million in Q1 2019, due to decreased rent and advertising expenses[18] - Cash flow from operating activities showed a net outflow of ¥208,992,456.09 in Q1 2020, compared to a net inflow of ¥5,184,195.24 in Q1 2019[47] - The company recorded a net cash flow from investment activities of ¥48,496,230.32 in Q1 2020, a significant improvement from a net outflow of ¥98,449,274.99 in Q1 2019[47] Assets and Liabilities - Total assets decreased by 5.70% to CNY 4,229,021,018.94 compared to the end of the previous year[7] - The company's current assets totaled CNY 2,813,227,871.62, down from CNY 3,048,880,696.36 in the previous year[34] - Total liabilities decreased to CNY 436,469,139.08 from CNY 697,347,517.09[35] - The company's equity attributable to shareholders increased to CNY 3,783,953,177.09 from CNY 3,778,158,935.57[36] - Total liabilities for Q1 2020 were ¥372,907,786.20, down from ¥434,438,919.76 in Q1 2019[38] Operational Changes - The company reported a significant impact on operations due to the COVID-19 pandemic, with stores closed from late January to late February 2020[21] - The number of total stores decreased from 2,907 at the end of 2019 to 2,825 in Q1 2020, with 72 new openings and 154 closures[28] - The company plans to enhance brand building and optimize marketing channels to improve core competitiveness in response to the pandemic[22] - The company’s subsidiary, Chongqing Honghuoniao Footwear Co., Ltd., has expanded its business scope to include the production and sale of non-medical masks[29] Future Outlook - The company anticipates that the cumulative net profit for the year may experience significant changes due to the pandemic's impact on consumer demand[21] - Future outlook includes potential growth in online sales and diversification of product offerings in response to market demands[31] - The company has ongoing plans for future investments in financial products, with a focus on maintaining liquidity and managing risks associated with market fluctuations[19] Shareholder Information - The number of shareholders reached 17,615 at the end of the reporting period[11] Government Support - The company received government subsidies amounting to CNY 1,710,149.57 during the reporting period[7]