雪峰科技(603227) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue fell by 49.29% to CNY 159,698,830.44 year-on-year[17] - Net profit attributable to shareholders was CNY -33,402,633.89, a decrease of 67.86% compared to the same period last year[17] - Basic earnings per share decreased by 70.00% to CNY -0.051[17] - The company expects net profit attributable to shareholders for the first half of 2020 to decrease by 70% to 25% compared to the same period last year, estimating between 5.06 million yuan and 12.65 million yuan[29] - Net loss for Q1 2020 was ¥38,224,528.34, compared to a net loss of ¥25,990,756.58 in Q1 2019, representing a 47.1% increase in losses[46] - The company reported a net loss of ¥15,676,639.77 for the current quarter, compared to a net loss of ¥1,241,729.01 in the same quarter last year, indicating a significant decline in profitability[49] - Operating profit was recorded at -¥4,742,232.27, worsening from -¥1,248,283.28 year-over-year[49] - The total comprehensive loss for Q1 2020 was ¥38,224,528.34, compared to a loss of ¥25,990,756.58 in Q1 2019[46] - The total comprehensive loss for the quarter was ¥15,676,639.77, compared to a loss of ¥1,241,729.01 in the same quarter last year[49] Assets and Liabilities - Total assets decreased by 7.29% to CNY 3,193,547,943.56 compared to the end of the previous year[17] - Total liabilities decreased from CNY 1,880,922,084.70 to CNY 1,664,516,270.01, a reduction of about 11.5%[36] - Total equity decreased from CNY 1,563,875,158.87 to CNY 1,529,031,673.55, a decline of approximately 2.2%[38] - Current liabilities decreased from CNY 1,391,646,712.09 to CNY 1,191,631,145.09, a reduction of about 14.4%[36] - Non-current liabilities decreased from CNY 489,275,372.61 to CNY 472,885,124.92, a decline of approximately 3.3%[36] - Cash and cash equivalents increased from CNY 250,709,150.55 to CNY 278,213,812.42, an increase of about 10.3%[39] - The total current assets amounted to 1,707,122,041.62 CNY as of January 1, 2020, remaining unchanged from the previous year[56] - The total liabilities reached 1,880,922,084.70 CNY, with current liabilities accounting for 1,391,646,712.09 CNY[61] - The company's equity attributable to shareholders was 1,264,124,645.71 CNY, reflecting stability in shareholder value[61] Cash Flow - Net cash flow from operating activities was CNY -67,855,134.91, a decline of 2.23% year-on-year[17] - Cash received from sales of goods and services was 107.62 million yuan, a decrease of 60.85 million yuan or 36.12% year-on-year, primarily due to the pandemic's impact[28] - Cash paid for purchasing goods and services was 83.98 million yuan, a decrease of 42.83 million yuan or 33.78% year-on-year, also due to reduced cash outflows across business segments[28] - The net cash flow from financing activities was 45,753,416.84 CNY, a significant improvement from -10,584,889.78 CNY in the previous period[55] - The total cash and cash equivalents at the end of the period increased to 270,929,177.67 CNY, compared to 325,167,661.34 CNY at the end of the previous period[55] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,021[22] - The largest shareholder, Xinjiang Xuefeng Investment Holding Co., Ltd., holds 30.71% of the shares[22] Operational Insights - The company reported non-operating income of CNY 6,667,037.46 from government subsidies[19] - The company has not disclosed any new product developments or market expansion strategies in this report[17] - Other operating expenses for the reporting period were 13.67 million yuan, an increase of 13.35 million yuan year-on-year, primarily due to abnormal shutdown costs caused by the pandemic[25] - Research and development expenses for Q1 2020 were ¥331,652.31, slightly up from ¥324,494.16 in Q1 2019[46] - The company experienced a significant increase in sales expenses, totaling ¥1,286,814.41 compared to ¥1,902,591.80 in the previous year[49] - Research and development expenses rose to ¥331,652.31, up from ¥93,215.68 in the same quarter last year, reflecting a focus on innovation[49] Receivables and Inventory - Accounts receivable at the end of the reporting period amounted to 293.34 million yuan, a decrease of 182.23 million yuan or 38.32% compared to the beginning of the period, mainly due to the expiration of endorsed bills[25] - Prepayments at the end of the reporting period were 107.42 million yuan, an increase of 29.67 million yuan or 38.17% compared to the beginning of the period, primarily due to prepayments for bulk trade[25] - Other receivables at the end of the reporting period were 61.36 million yuan, an increase of 15.56 million yuan or 33.96% compared to the beginning of the period, mainly due to performance guarantee deposits[25] - Inventory increased from CNY 51,284,857.75 to CNY 62,167,998.01, an increase of about 21.3%[39]