三星新材(603578) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders rose by 14.95% to CNY 18,172,341.47 year-on-year[6] - Operating revenue decreased by 12.64% to CNY 84,583,226.11 compared to the same period last year[6] - Basic and diluted earnings per share increased by 16.67% to CNY 0.21 per share[6] - Total operating revenue for Q1 2020 was ¥84,583,226.11, a decrease of 12.5% compared to ¥96,822,964.02 in Q1 2019[24] - Net profit for Q1 2020 reached ¥18,172,341.47, an increase of 15.5% from ¥15,808,983.78 in Q1 2019[26] - The company’s total comprehensive income for Q1 2020 was CNY 17,885,220.29, compared to CNY 15,664,916.64 in Q1 2019, marking an increase of 14.0%[30] Assets and Liabilities - Total assets increased by 2.30% to CNY 952,929,200.88 compared to the end of the previous year[6] - The company's total assets as of March 31, 2020, amounted to ¥952,929,200.88, an increase from ¥931,536,904.70 at the end of 2019[19] - The total liabilities of the company were ¥300,038,272.51, slightly up from ¥298,308,232.06 at the end of 2019[19] - Total liabilities for Q1 2020 were ¥304,761,495.24, slightly increased from ¥301,457,752.28 in Q1 2019[23] - The company’s total equity attributable to shareholders increased to ¥652,890,928.37 from ¥633,228,672.64 at the end of 2019[19] - Total equity for Q1 2020 was ¥652,853,547.81, compared to ¥633,478,413.26 in Q1 2019, reflecting a growth of 3.1%[23] Cash Flow - The net cash flow from operating activities was negative at CNY -990,581.64, a decline of 101.61% year-on-year[6] - In Q1 2020, the company reported a net cash flow from operating activities of -¥990,581.64, a decrease of 101.61% compared to Q1 2019[14] - Cash flow from operating activities showed a net outflow of CNY 990,581.64, contrasting with a net inflow of CNY 61,505,205.85 in Q1 2019[32] - The company reported cash and cash equivalents at the end of Q1 2020 amounting to CNY 150,221,911.76, a decrease from CNY 223,412,795.69 at the beginning of the quarter[32] - The company recorded a cash flow from financing activities net amount of 9,674,500.00 RMB[34] Investments and Receivables - The company reported a significant increase in accounts receivable by 396.87% to CNY 37,788,211.30 due to increased bank acceptance settlements[13] - Investment income increased by ¥717,821.03, reaching ¥5,437,344.79, primarily due to increased income from entrusted loans during the reporting period[14] - The company recorded investment income of CNY 5,437,344.79 in Q1 2020, significantly higher than CNY 717,821.03 in the same quarter last year[29] Expenses - Research and development expenses for Q1 2020 were ¥2,937,200.27, down from ¥3,646,911.75 in Q1 2019, indicating a reduction of 19.5%[25] - Sales expenses decreased to CNY 3,110,570.72 from CNY 3,733,845.95, reflecting a reduction of 16.6% year-over-year[29]