利通电子(603629) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 283,714,417.51, down 15.59% year-on-year[11] - Net profit attributable to shareholders was CNY 4,651,305.90, a decrease of 75.66% compared to the same period last year[11] - Basic earnings per share were CNY 0.05, down 73.68% from CNY 0.19 in the same period last year[11] - The net profit after deducting non-recurring gains and losses was CNY 4,034,761.18, a decrease of 76.22% year-on-year[11] - Operating profit fell by 61.59% to ¥8,740,408.73 from ¥22,757,293.76, impacted by the COVID-19 pandemic causing work stoppages and order cancellations[25] - Net profit decreased by 75.66% to ¥4,651,305.90 from ¥19,112,191.02, attributed to reduced sales revenue and lower gross margins due to the pandemic[25] - Total operating revenue for Q1 2020 was CNY 283.71 million, down 15.6% from CNY 336.12 million in Q1 2019[44] - Net profit for Q1 2020 was CNY 4.65 million, a decline of 75.7% compared to CNY 19.11 million in Q1 2019[47] - Operating profit for Q1 2020 was CNY 8.74 million, a decrease of 61.5% from CNY 22.76 million in Q1 2019[47] Cash Flow - The net cash flow from operating activities was CNY -21,198,707.85, an improvement from CNY -68,440,873.64 in the previous year[11] - Cash inflows from operating activities totaled CNY 377,685,734.37, up from CNY 317,785,851.66 year-over-year[54] - The cash flow from financing activities was negative CNY 2,723,315.99, an improvement from negative CNY 18,078,448.90 in the same quarter of the previous year[56] - The company’s cash flow from other operating activities was CNY 65,068,860.71, down from CNY 83,284,649.74 in the previous year[51] - The net cash flow from investing activities was $134,500,562.20, compared to a negative cash flow of $241,065,973.95 in the previous period[58] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,850,863,426.62, a decrease of 7.36% compared to the end of the previous year[11] - Total assets decreased from CNY 1,858,291,746.31 to CNY 1,658,519,691.77, a decline of approximately 10.7%[42] - Current assets decreased from CNY 1,415,155,518.48 to CNY 1,200,616,352.37, a decline of about 15.1%[39] - Total liabilities decreased from CNY 894,953,791.30 to CNY 682,198,709.30, a reduction of approximately 24%[42] - Total equity increased from CNY 963,337,955.01 to CNY 976,320,982.47, an increase of about 1.3%[42] Shareholder Information - The company had a total of 10,819 shareholders at the end of the reporting period[17] - The largest shareholder, Shao Shuwei, holds 48.41% of the shares, with 2,540,000 shares pledged[17] Government Support - The company received government subsidies amounting to CNY 2,090,107.45 during the reporting period[15] Other Financial Metrics - The weighted average return on net assets decreased to 0.47%, down 1.53 percentage points from 2.00%[11] - Financial expenses decreased by 62.29% to ¥1,242,612.20 from ¥3,295,368.10, mainly due to reduced loans and foreign exchange losses[25] - Research and development expenses for Q1 2020 were CNY 10.33 million, down 11.4% from CNY 11.66 million in Q1 2019[44] - Tax expenses for Q1 2020 were CNY 3.12 million, slightly lower than CNY 3.40 million in Q1 2019[47] - Other income for Q1 2020 was CNY 2.09 million, down from CNY 2.76 million in Q1 2019[44] - Credit impairment losses for Q1 2020 were CNY 3.45 million, a decrease from CNY 6.76 million in Q1 2019[44] Market Outlook - The company anticipates potential significant changes in cumulative net profit compared to the previous year due to ongoing market uncertainties[25]