Rocoi(SH:603829)2020-04-24 16:00Financial Performance - Operating revenue for the period was CNY 90,322,396.45, representing a decline of 7.96% year-on-year[6] - Net profit attributable to shareholders was CNY 2,052,692.72, down 75.93% from CNY 8,527,596.20 in the same period last year[6] - The net profit for Q1 2020 decreased by 73.33% to CNY 2,413,111.87 compared to CNY 9,048,864.16 in the same period last year[13] - The company's operating revenue for Q1 2020 was ¥82,765,594.15, a decrease of 14.5% compared to ¥96,806,788.54 in Q1 2019[29] - The net profit for Q1 2020 was ¥327,487.52, down 95.6% from ¥7,399,830.05 in Q1 2019[30] - The total profit for Q1 2020 was ¥977,803.79, a decline of 88.7% from ¥8,677,229.42 in Q1 2019[29] - Gross profit for Q1 2020 was CNY 5,546,752.25, compared to CNY 10,293,849.74 in Q1 2019, indicating a decline of 46.1%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,002,345,825.02, a decrease of 0.83% compared to the end of the previous year[6] - The company's total assets as of March 31, 2020, were CNY 920,256,087.65, down from CNY 990,039,818.37 at the end of 2019, a decrease of 7.0%[22] - Total liabilities decreased to CNY 240,815,246.36 in Q1 2020 from CNY 310,926,464.60 in Q1 2019, a reduction of 22.5%[22] Cash Flow - The net cash flow from operating activities was negative CNY 62,930,466.54, worsening by 21.15% compared to the previous year[6] - In Q1 2020, the company's cash flow from operating activities was -62,930,466.54 RMB, compared to -51,942,901.36 RMB in Q1 2019, indicating a decline in operational cash flow[34] - The total cash inflow from investment activities in Q1 2020 was 130,482,542.29 RMB, significantly higher than 9,174,319.10 RMB in Q1 2019, reflecting increased investment recovery[34] - The cash outflow for investment activities in Q1 2020 was 175,639,391.49 RMB, compared to 28,514,206.08 RMB in Q1 2019, showing a substantial increase in investment expenditures[34] - The net cash flow from financing activities in Q1 2020 was 79,487,370.57 RMB, a significant increase from 9,021,237.50 RMB in Q1 2019, indicating improved financing conditions[34] - The company's cash and cash equivalents at the end of Q1 2020 were 226,970,258.57 RMB, up from 136,287,438.88 RMB at the end of Q1 2019, showing a strong liquidity position[35] Shareholder Information - The number of shareholders at the end of the reporting period was 10,568[10] - The top three shareholders held a combined 54.76% of the shares, with 常州市洛辉投资有限公司 holding 22.44%[10] Expenses - Management expenses increased by 32.18% to CNY 7,020,266.76, attributed to higher training and recruitment costs[13] - R&D expenses for Q1 2020 were CNY 5,233,042.97, up from CNY 4,155,746.31 in Q1 2019, an increase of 26.0%[24] Other Financial Metrics - Basic and diluted earnings per share were both CNY 0.01, down 80.00% from CNY 0.05 in the previous year[6] - The weighted average return on net assets decreased by 1 percentage point to 0.30%[6] - The company reported a cash flow net increase of -28,599,945.17 RMB in Q1 2020, an improvement from -62,261,550.84 RMB in Q1 2019, indicating better cash management[35]