新澳股份(603889) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 31.90% to CNY 488,273,555.78 year-on-year[5] - Net profit attributable to shareholders increased by 32.28% to CNY 64,529,021.45 compared to the same period last year[5] - Basic earnings per share rose by 30% to CNY 0.13[5] - The company's total revenue for the current period is CNY 488,273,555.78, a decrease of 31.90% compared to CNY 717,005,382.90 in the same period last year, primarily due to reduced sales impacted by the pandemic[15] - Net profit for Q1 2020 reached ¥66,110,901.65, an increase of 34.4% from ¥49,168,830.32 in Q1 2019[32] - Operating profit for Q1 2020 was ¥77,858,475.82, up 44.4% from ¥53,869,323.16 in Q1 2019[31] - Net profit for Q1 2020 was CNY 14.69 million, a decline of 64.7% compared to CNY 41.53 million in Q1 2019[34] Cash Flow - Net cash flow from operating activities decreased by 125.85% to -CNY 124,138,643.97 compared to the previous year[5] - The company's net cash flow from operating activities is -CNY 124,138,643.97, representing a decline of 125.85% compared to -CNY 54,965,592.11 in the previous year, largely due to decreased sales and cash recovery from goods[16] - Cash flow from operating activities showed a net outflow of CNY 124.14 million, worsening from a net outflow of CNY 54.97 million in Q1 2019[37] - Cash flow from investing activities generated a net inflow of CNY 7.68 million, compared to a net outflow of CNY 99.60 million in Q1 2019[37] - Cash flow from financing activities resulted in a net inflow of CNY 226.14 million, an increase from CNY 151.59 million in Q1 2019[37] Assets and Liabilities - Total assets increased by 7.04% to CNY 3,299,626,105.75 compared to the end of the previous year[5] - Current assets increased to ¥1,934,095,240.01 as of March 31, 2020, up from ¥1,744,559,390.85 at the end of 2019, representing an increase of approximately 10.8%[22] - Total liabilities increased to ¥828,056,159.03 from ¥684,856,150.92, representing a rise of approximately 21.0%[24] - Total liabilities as of Q1 2020 amounted to ¥640,731,418.50, an increase from ¥531,941,957.59 in the previous year[31] Shareholder Information - The total number of shareholders reached 13,297 at the end of the reporting period[10] - Zhejiang Xin'ao Industrial Co., Ltd. holds 31.09% of the shares, with 159,120,000 shares pledged[10] Operational Challenges - The company anticipates a significant decline in cumulative net profit compared to the same period last year, primarily due to ongoing challenges in the textile export business caused by the pandemic[17] - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company plans to closely monitor the global development of the COVID-19 pandemic and assess its impact on financial status and operational results[18] - The company has implemented measures to manage risks associated with the pandemic, including cautious production planning and inventory management[18] Tax and Financial Expenses - The company reported a 139.33% increase in taxes payable, amounting to CNY 11,339,258.19, compared to CNY 4,737,860.63 in the previous period, primarily due to an increase in corporate income tax[14] - The company's financial expenses decreased by 55.01% to CNY 1,361,195.14 from CNY 3,025,387.59, mainly due to the impact of exchange rate fluctuations[15] Research and Development - The company reported a decrease in research and development expenses to ¥17,378,912.70 from ¥19,524,954.35 in Q1 2019[31] - Research and development expenses for Q1 2020 were CNY 12.95 million, down 11.7% from CNY 14.67 million in Q1 2019[34]