SMTC(SH:900927)2020-04-29 16:00Financial Performance - Operating revenue decreased by 38.91% to CNY 785,201,236.36 compared to the same period last year[7] - Net profit attributable to shareholders was CNY -3,578,855.33, a decrease of 120.40% year-on-year[7] - The company reported a net loss of ¥1,739,100.46 for Q1 2020, compared to a profit of ¥25,675,679.61 in Q1 2019[22] - The company reported a net loss of CNY 2,890,607.17 in Q1 2020, compared to a net profit of CNY 20,958,274.97 in Q1 2019, indicating a significant decline in profitability[24] - Total comprehensive income for the period was CNY -4,237,421.35, down from CNY 23,424,590.26 in the previous year[24] - Basic and diluted earnings per share were both CNY -0.0072, compared to CNY 0.0354 in the same quarter last year[24] Cash Flow - Cash flow from operating activities was CNY -225,560,574.38, compared to CNY 30,356,173.69 in the same period last year[7] - The company incurred management expenses of CNY 3,205,778.38 in Q1 2020, slightly down from CNY 3,296,963.39 in Q1 2019[26] - Cash inflow from operating activities was CNY 1,146,400,907.10, compared to CNY 1,414,151,084.20 in Q1 2019, reflecting a decrease in cash flow[29] - The net cash flow from operating activities was -RMB 225,560,574.38, a significant decline compared to RMB 30,356,173.69 in the same quarter last year, indicating a negative performance trend[30] - The company reported a net cash flow from operating activities of -RMB 5,339,820.97, worsening from -RMB 3,120,971.97 in the previous year, highlighting ongoing operational challenges[32] Assets and Liabilities - Total assets increased by 8.62% to CNY 1,738,346,454.55 compared to the end of the previous year[7] - Total liabilities reached CNY 1,008,010,302.24, up from CNY 865,887,896.01, indicating an increase of 16.4%[16] - Cash and cash equivalents decreased to CNY 333,604,833.94 from CNY 385,324,101.30, representing a decline of 13.4%[14] - Inventory net amount increased by 45.36% to CNY 480,200,875.54 due to increased automotive stock[10] - Short-term borrowings increased by 137.88% to CNY 231,285,772.71 compared to the end of the previous year[10] Shareholder Information - The number of shareholders reached 49,522, with 35,230 holding A shares and 14,292 holding B shares[9] - The largest shareholder, Bailian Group Co., Ltd., holds 48.10% of the shares[9] Other Income and Expenses - Revenue from other income increased by 56.34% to CNY 1,177,348.06, mainly due to input tax credits in the modern service industry[10] - Operating income from non-operating activities increased to CNY 2,987,505.73, a rise of 269.73% compared to CNY 808,029.72 in the previous period[15] - Financial expenses included interest expenses of CNY 791,163.69, down from CNY 1,436,200.93 in the previous year[26] Investment Activities - Total cash inflow from investment activities was RMB 20,901,887.02, down from RMB 24,974,565.04 year-over-year, reflecting a decrease in investment returns[30] - Cash inflow from investment activities was RMB 13,328,389.19, a decrease from RMB 23,449,473.67 year-over-year, indicating reduced investment activity[32]