沈阳机床(000410) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥205,816,167.90, a decrease of 53.59% compared to ¥443,495,189.15 in the same period last year[7] - The net profit attributable to shareholders was -¥224,535,029.59, an improvement of 50.50% from -¥453,641,693.17 year-on-year[7] - The basic earnings per share were -¥0.13, showing a 77.97% improvement from -¥0.59 in the same period last year[7] - Total revenue for Q1 2020 decreased by 54% to CNY 205,816,167.90 compared to CNY 443,495,189.15 in Q1 2019, primarily due to delays in resuming operations caused by the pandemic[15] - The net profit for the current period is CNY -227,626,376.82, an improvement from CNY -469,653,021.82 in the previous period[53] - The company reported a total comprehensive loss of CNY -227,626,376.82 for the current period, compared to CNY -469,653,021.82 in the previous period[57] - The net profit for the current period is -84,144,636.38, compared to -189,333,481.07 in the previous period, indicating an improvement[64] - Total comprehensive income for the current period is -84,144,636.38, compared to -189,333,481.07 in the previous period[64] Cash Flow and Liquidity - The net cash flow from operating activities was -¥270,944,900.58, a significant decline of 859.87% compared to ¥35,656,534.75 in the previous year[7] - Cash received from sales and services dropped by 82% to CNY 60,747,310.57, attributed to reduced revenue scale and collection issues[15] - Cash inflow from operating activities is 91,174,166.56, down from 370,637,629.84 in the previous period[65] - Cash outflow from operating activities totals 362,119,067.14, compared to 334,981,095.09 in the previous period[68] - The company reported a decrease in cash received from sales of goods and services, totaling 60,747,310.57 compared to 341,337,049.52 in the previous period[65] - The company incurred a significant increase in cash payments to employees, totaling 159,479,061.64 compared to 119,008,937.53 in the previous period[68] - The cash balance decreased to CNY 1,629,213,202.62 from CNY 2,112,556,187.45, indicating liquidity challenges[30] - The total cash and cash equivalents at the end of the period amounted to ¥923,921,120.02, down from ¥1,746,371,519.50 at the beginning of the period[74] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,684,239,773.06, down 7.32% from ¥7,212,131,114.02 at the end of the previous year[7] - The total assets amount to CNY 8,549,874,915.08, down from CNY 8,794,477,339.01 in the previous period[44] - Total liabilities decreased from ¥6,115,973,654.88 to ¥5,814,957,644.15, a decline of about 4.9%[36] - The total liabilities amount to CNY 3,070,031,288.74, down from CNY 3,230,832,131.73 in the previous period[44] - The total current assets decreased from ¥4,012,734,137.76 to ¥3,078,058,056.04, a decline of approximately 23.2%[40] - The company reported a debt restructuring loss of -¥383,977.48 during the period[7] Shareholder Equity - The net assets attributable to shareholders decreased by 20.19% to ¥884,625,587.09 from ¥1,108,420,334.52 at the end of the previous year[7] - Owner's equity attributable to shareholders decreased from ¥1,108,420,334.52 to ¥884,625,587.09, a decline of approximately 20.2%[39] - The total equity is CNY 5,479,843,626.34, a decrease from CNY 5,563,645,207.28 in the previous period[44] Expenses and Costs - Operating costs fell by 46% to CNY 270,892,452.69 from CNY 504,719,432.95, reflecting the decrease in revenue scale[15] - Research and development expenses increased by 151% to CNY 18,080,588.66, indicating a focus on innovation despite overall revenue decline[15] - Tax expenses increased by 478% to CNY 30,129,823.63, driven by higher tax payments from subsidiaries[17] - Interest expenses for the current period are CNY 19,121,268.36, down from CNY 93,841,253.32 in the previous period[58] Government Support and Investments - The company received government subsidies amounting to ¥4,516,827.87 during the reporting period[7] - The company did not engage in any new investment activities during the reporting period, with cash outflows for investments at CNY 625,000.00 being zero[17] Financial Reporting Changes - The company is implementing new revenue and leasing standards starting from 2020, which may impact future financial reporting[86] - The company has not conducted an audit for the first quarter report, which may affect the reliability of the financial data presented[86]