ST万林(603117) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 207,211,192.76, down 4.96% year-on-year[4] - Net profit attributable to shareholders of the listed company was CNY 11,824,767.58, a decrease of 47.55% compared to the same period last year[4] - Basic earnings per share were CNY 0.02, reflecting a 50.00% decline from the previous year[4] - The company reported a net profit margin decline due to increased operating costs despite a slight decrease in revenue[25] - The net profit for Q1 2020 was CNY 15,115,746.77, down from CNY 28,877,336.52 in Q1 2019, indicating a decline of about 47.6%[26] - The operating profit for Q1 2020 was CNY 18,376,224.84, compared to CNY 35,686,638.60 in Q1 2019, reflecting a decrease of approximately 48.6%[26] - The total comprehensive income for Q1 2020 was CNY 16,224,265.54, compared to CNY 29,976,206.73 in Q1 2019, a decline of approximately 45.9%[27] Cash Flow - The net cash flow from operating activities improved to CNY -300,867,423.22, compared to CNY -468,540,206.32 in the same period last year[4] - The cash flow from operating activities for Q1 2020 was negative CNY 300,867,423.22, an improvement from negative CNY 468,540,206.32 in Q1 2019[30] - Total cash inflow from operating activities was 750,883,686.41 RMB, down 31% from 1,093,764,241.72 RMB in the same period last year[33] - Cash outflow from operating activities totaled 1,034,664,851.74 RMB, a decrease of 35% compared to 1,599,778,177.50 RMB in Q1 2019[33] - The company experienced a net cash flow from investing activities of -13,552,536.39 RMB, compared to -25,220,691.36 RMB in Q1 2019, reflecting a 46% improvement[33] - The ending cash and cash equivalents balance decreased to 124,191,418.04 RMB from 162,958,178.78 RMB at the beginning of the quarter, representing a 24% decline[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,076,366,421.76, a decrease of 1.60% compared to the end of the previous year[4] - Current liabilities totaled CNY 3,364,417,669.09, down 3.4% from CNY 3,481,865,490.56 in the previous period[18] - Non-current liabilities amounted to CNY 207,776,765.39, slightly up from CNY 205,556,783.25[18] - Total liabilities were reported at ¥3,687,422,273.81, with non-current liabilities amounting to ¥205,556,783.25[37] - The company’s total liabilities increased, impacting cash flow management strategies moving forward[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 31,551[9] - The largest shareholder, Shanghai Huirui Industrial Co., Ltd., held 21.31% of the shares, amounting to 137,045,057 shares[9] - Shareholders' equity totaled CNY 2,504,171,987.28, up from CNY 2,487,578,215.48[19] Operational Changes - The company has not disclosed any new product or technology developments in this report[11] - The company plans to focus on market expansion and new product development in the upcoming quarters[25] Other Financial Metrics - Financial expenses rose by 51.02% to ¥30,882,339.75 from ¥20,449,349.15, due to increased interest from factoring settlements[13] - Investment cash flow decreased by 45.24% to -¥16,234,803.88 from -¥29,656,784.60, as the logistics distribution center project neared completion[14] - The company reported non-recurring gains and losses of CNY 1,221,365.90 for the period[6]