ST深天(000023) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥166,766,550.40, a decrease of 48.20% compared to ¥321,958,648.94 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥11,525,133.59, representing a decline of 177.37% from a profit of ¥14,896,168.46 in the previous year[8]. - The basic earnings per share were -¥0.0831, down 177.37% from ¥0.1074 in the previous year[8]. - The company's operating revenue for the reporting period was CNY 166,766,550.40, a decrease of 48.20% compared to CNY 321,958,648.94 in the same period last year[18]. - The net profit attributable to the parent company was CNY -11,525,133.59, representing a decline of 177.37% compared to CNY 14,896,168.46 in the previous year[19]. - The net profit for Q1 2020 was a loss of CNY 13,084,991.01, compared to a profit of CNY 23,366,234.61 in the same period last year[43]. - The company reported a gross loss of CNY 11,920,391.75 in Q1 2020, contrasting with a gross profit of CNY 27,761,064.15 in the prior year[42]. - Operating profit for Q1 2020 was a loss of CNY 11,677,350.82, compared to a profit of CNY 31,510,321.38 in the previous period[42]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥182,928,882.47, a significant drop of 1,367.19% compared to -¥12,467,969.18 in the same period last year[8]. - Cash inflow from operating activities decreased to CNY 231.46 million from CNY 312.72 million, a decline of approximately 26%[48]. - Cash outflow from operating activities increased to CNY 414.39 million from CNY 325.19 million, resulting in a net cash flow from operating activities of -CNY 182.93 million, compared to -CNY 12.47 million in the previous period[49]. - The company’s cash flow statement indicates significant changes in cash flow management strategies, although specific figures were not provided in the documents[47]. - The company reported a significant increase in cash outflow for purchasing goods and services, which rose to CNY 314.27 million from CNY 253.38 million, indicating higher operational costs[48]. - The total cash and cash equivalents at the end of the period decreased to CNY 307.52 million from CNY 260.04 million, reflecting a net decrease of CNY 64.89 million[50]. - The company’s cash and cash equivalents stood at CNY 279,177,393.76, providing a solid liquidity buffer[60]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,362,945,922.19, a decrease of 6.21% from ¥2,519,404,048.35 at the end of the previous year[8]. - The company's current assets decreased to CNY 1,982,134,529.66 from CNY 2,124,820,414.29, reflecting a reduction of about 6.7%[33]. - Total liabilities decreased to CNY 1,791,087,249.96 from CNY 1,934,503,372.15, a decline of about 7.4%[35]. - The company's total liabilities decreased to CNY 774,347,768.67 from CNY 930,415,023.98[42]. - The total current liabilities decreased to CNY 1,778,151,569.91 from CNY 1,918,584,159.56, a decline of approximately 7.3%[35]. - The company has short-term borrowings of CNY 378,912,632.60 and accounts payable of CNY 656,636,164.67, reflecting its liquidity position[57]. - The company’s total non-current liabilities were CNY 15,919,212.59, with provisions for liabilities at CNY 15,187,013.31[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,470[12]. - The largest shareholder, Guangdong Junhao Equity Investment Holding Co., Ltd., held 27.39% of the shares, totaling 38,000,000 shares[12]. - The equity attributable to shareholders decreased to CNY 462,399,559.25 from CNY 473,886,318.81, showing a stable equity base[58]. Operational Changes and Strategies - The company has entered into a cooperation framework agreement with Shenzhen Guozhi Environmental Technology Co., Ltd. to build a concrete mixing station, which is expected to enhance market share[20]. - The company is focusing on cost reduction strategies, as indicated by the decrease in operating costs despite a drop in revenue[42]. - The company is focusing on improving cash flow management and reducing operational costs in future quarters[49].