Koal(SH:603232)2020-04-22 16:00Financial Performance - Net profit attributable to shareholders was CNY -27,135,809.24, a significant decline from CNY -1,842,141.83 in the same period last year[7] - Operating revenue fell by 14.22% to CNY 50,167,175.37, down from CNY 58,484,785.12 year-on-year[7] - The company reported a basic earnings per share of CNY -0.22, compared to CNY -0.02 in the previous year[7] - Total revenue for Q1 2020 was ¥50,167,175.37, a decrease of 14.3% compared to ¥58,484,785.12 in Q1 2019[32] - Net loss for Q1 2020 was ¥27,139,580.49, compared to a net loss of ¥1,929,527.72 in Q1 2019, representing a significant decline[33] - The company reported an operating loss of ¥28,164,867.81 for Q1 2020, compared to an operating loss of ¥3,929,703.61 in Q1 2019[32] - The total comprehensive loss for Q1 2020 was ¥27,563,924.34, compared to a loss of ¥1,929,527.72 in Q1 2019[33] Cash Flow - The net cash flow from operating activities was CNY -63,676,576.84, compared to CNY -25,442,432.63 in the previous year, indicating increased cash outflow[7] - Operating cash flow net amount decreased by 38.23 million yuan compared to the same period last year, primarily due to increased cash payments for goods purchased and services received[16] - The total cash outflow from operating activities was ¥117,013,800.13 in Q1 2020, up from ¥83,723,381.04 in Q1 2019, reflecting a rise of 39.7%[39] - The cash outflow for purchasing goods and services was ¥48,719,724.45 in Q1 2020, significantly higher than ¥29,047,511.44 in Q1 2019, marking a 67.7% increase[38] - The cash outflow for employee payments was ¥36,545,639.62 in Q1 2020, compared to ¥28,717,445.40 in Q1 2019, an increase of 27.4%[39] Assets and Liabilities - Total assets decreased by 4.60% to CNY 815,788,001.61 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 54.67% to CNY 44,599,279.32, primarily due to increased net cash outflow from operating activities[12] - Total equity decreased from ¥664,621,045.68 to ¥637,057,121.34, a decline of about 4.2%[26] - Current liabilities increased from ¥176,842,842.78 to ¥188,741,717.25, an increase of approximately 6.0%[25] - Total liabilities increased from ¥47,882,278.66 to ¥54,242,693.26, an increase of about 13.0%[30] Investment and Financing - Investment income decreased by 3.06 million yuan, down 60.74% year-on-year, mainly due to reduced investment income from joint ventures and associates[15] - The company plans to raise no more than 644.80 million yuan through a non-public offering of A-shares, with the number of shares not exceeding 24,253,600, accounting for no more than 20% of the total share capital before the offering[19] - The non-public offering was revised to raise no more than 644.80 million yuan, with the number of shares not exceeding 36,380,400, accounting for no more than 30% of the total share capital before the offering[20] Operational Metrics - Sales expenses increased by 4.79 million yuan, up 88.11% year-on-year, attributed to higher sales activity costs[15] - Research and development expenses rose to ¥16,811,287.90, an increase of 29.5% from ¥12,964,831.32 in Q1 2019[32] - The company recorded other comprehensive losses of ¥424,343.85 in Q1 2020, with no prior year comparison available[33] Shareholder Information - The number of shareholders reached 8,723, with the top ten shareholders holding a combined 60.56% of shares[9]