Workflow
欧派家居(603833) - 2020 Q1 - 季度财报
OPPEINOPPEIN(SH:603833)2020-04-28 16:00

Financial Performance - Operating revenue decreased by 35.09% to CNY 1,430,016,777.54 year-on-year[4] - Net profit attributable to shareholders was CNY -101,525,779.54, a decline of 210.30% compared to the same period last year[4] - Basic and diluted earnings per share were both CNY -0.24, a decrease of 209.09% compared to the previous year[4] - The company's operating revenue for Q1 2020 was ¥1,430,016,777.54, a decrease of ¥773,021,938.83 or 35.09% compared to the previous period[12] - Net profit for Q1 2020 was a loss of ¥101,525,779.54, compared to a profit of ¥92,046,656.33 in Q1 2019, indicating a significant decline in profitability[24] - Total operating revenue for Q1 2020 was 880,594,454.90 RMB, down 31.1% from 1,278,071,980.46 RMB in Q1 2019[25] - The net profit attributable to shareholders of the parent company for Q1 2020 was -101,525,779.54 RMB, compared to a profit of 92,046,656.33 RMB in Q1 2019, representing a significant decline[25] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of CNY -797,182,767.58, worsening by 451.22% year-on-year[4] - The net cash flow from operating activities was -¥797,182,767.58, a decrease of ¥652,561,700.81 or 451.22% compared to the previous period[14] - Cash and cash equivalents increased by 64.49% to CNY 2,412,292,592.04 compared to the beginning of the year[10] - The total cash and cash equivalents at the end of Q1 2020 reached 2,299,129,835.25 RMB, up from 1,262,391,265.72 RMB in Q1 2019[29] - The cash paid for purchasing goods and services was 114,883,671.30 RMB, significantly lower than 746,449,481.34 RMB in the same quarter last year[30] Assets and Liabilities - Total assets increased by 4.13% to CNY 15,425,582,863.32 compared to the end of the previous year[4] - The company's total liabilities increased significantly, with accounts payable decreasing by ¥340,790,657.10 or 40.72% due to reduced procurement amid the pandemic[11] - Total liabilities reached ¥5.97 billion, compared to ¥5.25 billion, reflecting an increase of around 13.5%[20] - The company's short-term borrowings surged to ¥1.52 billion from ¥52.58 million, a substantial increase of approximately 2,782%[20] - Total liabilities as of March 31, 2020, were ¥7,005,954,701.79, up from ¥5,392,573,483.79 at the end of 2019, representing an increase of approximately 30%[23] Expenses and Cost Management - The company reported a decrease in sales expenses by ¥105,388,722.50 or 34.67% due to reduced advertising and marketing costs amid the pandemic[13] - Research and development expenses decreased by ¥40,705,925.48 or 34.04% as project investments were reduced due to the pandemic[13] - The company's financial expenses decreased by ¥14,443,930.65 or 222.85% due to increased interest income[12] - The company's income tax expense decreased by ¥37,026,108.52 or 215.10% due to the company's losses during the period[13] - Total operating costs for Q1 2020 were ¥1,576,862,159.49, down from ¥2,105,155,410.25 in Q1 2019, reflecting a reduction of approximately 25%[24] Shareholder Information - The number of shareholders at the end of the reporting period was 9,563, with the largest shareholder holding 68.54% of the shares[7] - The total equity attributable to shareholders increased to ¥6,157,780,642.27 from ¥6,105,935,013.65, showing a slight growth of about 0.85%[23] Government Support - The company received government subsidies amounting to CNY 18,040,087.53 during the reporting period[5] - The company experienced a significant increase in other income, which rose by ¥11,150,420.97 or 162.87% primarily due to increased government subsidies[13]