我乐家居(603326) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue increased by 5.43% to CNY 194,983,811.02 year-on-year[8] - Net profit attributable to shareholders increased by 230.49% to CNY 2,085,742.59 compared to the same period last year[8] - Basic earnings per share rose by 228.57% to CNY 0.0092 per share[8] - Net profit for Q1 2020 increased by 230.49% year-over-year, reaching 2,085,742.59, driven by increased revenue and reduced sales expenses[17] - Operating profit increased by 753.29 million, attributed to higher income and lower sales expenses[17] - The company reported a net profit margin of approximately -5.2% for Q1 2020, compared to a positive margin in Q1 2019[32] - The total profit for Q1 2020 was ¥6,575,146.17, an increase of 71.3% compared to ¥3,843,950.66 in Q1 2019[36] Assets and Liabilities - Total assets decreased by 6.74% to CNY 1,453,885,631.89 compared to the end of the previous year[8] - Cash and cash equivalents decreased by 46.97% from the beginning of the year, primarily due to seasonal factors and payments for suppliers and construction investments[15] - Trade financial assets decreased by 58.51%, mainly due to the redemption of financial investments to pay for procurement and year-end bonuses[15] - Total liabilities decreased to ¥497,711,750.99 as of March 31, 2020, down 18.06% from ¥607,272,340.92 at the end of 2019[25] - Total equity attributable to shareholders increased to ¥956,173,880.90 as of March 31, 2020, compared to ¥951,629,110.97 at the end of 2019, a growth of 0.57%[25] Cash Flow - The net cash flow from operating activities was negative at CNY -112,556,157.09, slightly worse than the previous year's CNY -110,940,961.60[8] - Cash flow from financing activities increased by 538.09%, totaling 42,233,623.52, as the company raised emergency funds in response to the COVID-19 pandemic[18] - The company reported a cash flow from operating activities of -¥112,556,157.09 for Q1 2020, slightly worse than -¥110,940,961.60 in Q1 2019[38] - The company experienced a net cash flow from investing activities of 21,389,041.03 RMB in Q1 2020, compared to a negative cash flow of -36,868,032.57 RMB in Q1 2019[41] - The net cash flow from financing activities was 32,294,739.75 RMB, a recovery from a negative cash flow of -9,640,358.31 RMB in Q1 2019[42] Shareholder Information - The total number of shareholders at the end of the reporting period was 4,568[12] - The largest shareholder, NINA YANTI MIAO, holds 63.88% of the shares[12] Other Financial Metrics - Government subsidies recognized in the current period amounted to CNY 9,468,985.80, primarily from policy support and special funds[8] - The company reported non-recurring gains and losses totaling CNY 8,013,188.31 for the period[10] - Other receivables surged by 460.74%, primarily due to business guarantee deposits[15] - Sales expenses decreased by 22.51%, reflecting reduced offline meeting costs due to the pandemic[17] - Research and development expenses for Q1 2020 were ¥8,107,219.31, an increase of 8.80% compared to ¥7,450,045.45 in Q1 2019[32]