铁流股份(603926) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue fell by 27.15% to CNY 280,290,740.29 year-on-year[5] - Net profit attributable to shareholders decreased by 18.49% to CNY 22,041,079.86 compared to the same period last year[5] - Cash flow from operating activities showed a significant decline of 144.54%, resulting in a negative cash flow of CNY -38,905,650.62[5] - The weighted average return on net assets decreased by 13.12% to 1.92%[5] - Total operating revenue for Q1 2020 was CNY 280,290,740.29, a decrease of 27.2% compared to CNY 384,725,168.88 in Q1 2019[22] - Total operating costs for Q1 2020 were CNY 254,561,769.12, down 28.3% from CNY 354,815,750.79 in Q1 2019[22] - Net profit attributable to shareholders for Q1 2020 was CNY 22,041,079.86, a decline of 18.5% from CNY 27,039,516.44 in Q1 2019[23] - Operating revenue for Q1 2020 was CNY 134.43 million, a decrease of 33.7% compared to CNY 202.65 million in Q1 2019[25] - Operating profit for Q1 2020 was CNY 13.85 million, down 29.4% from CNY 19.55 million in Q1 2019[26] - Net profit for Q1 2020 was CNY 11.64 million, a decline of 36.1% compared to CNY 18.20 million in Q1 2019[26] Assets and Liabilities - Total assets decreased by 2.70% to CNY 2,008,543,207.25 compared to the end of the previous year[5] - Total assets decreased from ¥2,064,331,766.38 to ¥2,008,543,207.25, indicating a decline in overall asset value[15] - Total liabilities decreased from ¥912,896,997.68 to ¥834,021,754.72, showing a reduction in the company's debt levels[17] - Total liabilities decreased to CNY 332,077,936.90 in Q1 2020 from CNY 437,051,121.10 in Q4 2019, a reduction of 24%[20] - Cash and cash equivalents decreased to CNY 169,830,015.62 from CNY 202,941,759.87, a decline of 16.3%[19] Shareholder Information - The number of shareholders reached 10,732 at the end of the reporting period[10] - The largest shareholder, Hangzhou Desai Industrial Group Co., Ltd., holds 32.83% of the shares[10] Cash Flow and Investments - Cash recovered from investments decreased by 30.23% to ¥251,622,933.19, linked to reduced investment amounts for financial management[13] - Cash received from investment activities surged by 775.22% to ¥35,000,000.00, resulting from the recovery of merger intention deposits[13] - Cash paid for fixed assets and other long-term assets increased by 69.52% to ¥33,360,156.09, due to payments made by subsidiaries[13] - Cash paid for investments decreased by 45.26% to ¥189,760,000.00, reflecting a reduction in investment amounts for financial management[13] - Cash flow from investing activities for Q1 2020 was positive CNY 66.41 million, compared to negative CNY 19.18 million in Q1 2019[30] - Total cash inflow from investment activities amounted to $282,845,400.53, while cash outflow was $208,771,007.10, resulting in a net inflow[32] Expenses - Research and development expenses for Q1 2020 were CNY 8,788,741.43, down 28.6% from CNY 12,319,138.04 in Q1 2019[22] - Sales expenses for Q1 2020 were CNY 6.29 million, down 41.0% from CNY 10.70 million in Q1 2019[25] - Management expenses for Q1 2020 were CNY 7.93 million, a decrease of 20.8% compared to CNY 10.03 million in Q1 2019[25] Other Financial Metrics - Financial expenses decreased by 83.42% to ¥795,651.89 due to adjustments from mergers and exchange rate fluctuations[13] - Investment income fell by 35.91% to ¥2,468,460.69, attributed to reduced financial management income[13] - Cash received from government subsidies increased by 496.99% to ¥9,349,794.58, reflecting significant support for the company and its subsidiaries[13] - Tax payments decreased by 45.40% to ¥12,452,668.49, primarily due to lower tax payments by subsidiaries[13] - The company recognized non-operating income of CNY 3,376,027.86 from various non-recurring gains[7] Cash Flow from Financing Activities - Cash outflow from financing activities totaled $61,153,723.47, significantly higher than $2,063,800.00 in the previous period[32] Compliance and Reporting - The company did not apply new revenue and lease standards for the current year[32] - There were no adjustments made to prior period comparative data due to the new revenue and lease standards[32] - The company reported no applicable audit report for the current period[32]