学大教育(000526) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥599,945,206.26, a decrease of 20.94% compared to ¥758,860,135.69 in the same period last year[7]. - The net profit attributable to shareholders was -¥16,034,348.26, representing a decline of 735.07% from ¥2,524,831.80 in the previous year[7]. - The basic and diluted earnings per share were both -¥0.1667, a drop of 736.26% from ¥0.0262 in the same period last year[7]. - The operating profit for the current period is -¥9,961,381.63, compared to a profit of ¥10,896,067.00 in the previous period, marking a significant decline[46]. - The net profit for the current period is -¥16,077,923.83, a stark contrast to a profit of ¥1,164,254.57 in the previous period, reflecting a negative shift[46]. - Total operating revenue for the current period is ¥599,945,206.26, a decrease from ¥758,860,135.69 in the previous period, representing a decline of approximately 21%[44]. - Total operating costs for the current period are ¥627,958,109.96, down from ¥751,855,677.68, indicating a reduction of about 16.5%[45]. - The total comprehensive income for the current period is -¥14,215,284.37, compared to -¥3,910,754.43 in the previous period, indicating a worsening situation[47]. Cash Flow - The net cash flow from operating activities decreased by 60.81%, amounting to ¥102,532,631.28 compared to ¥261,615,010.80 in the prior year[7]. - Cash inflows from operating activities totaled ¥633,245,950.07, down from ¥1,016,726,025.16, indicating a decline of 37.7%[54]. - Cash outflows from operating activities decreased to ¥530,713,318.79 from ¥755,111,014.36, a reduction of 29.7%[54]. - The net cash flow from investing activities improved by 41.96% to -¥97,036,816.28, due to a decrease in the difference between purchased and redeemed financial products[15]. - The net cash flow from financing activities decreased dramatically by 11,092.62% to -¥95,635,818.18, primarily due to loan repayments[15]. - The ending balance of cash and cash equivalents is ¥671,089,601.45, down from ¥1,108,796,188.15, a decrease of 39.4%[55]. - The company’s cash flow from operating activities net amount is negative at -¥1,498,404.68, compared to -¥2,558,854.27 in the previous period, indicating an improvement[57]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,487,799,265.87, down 3.02% from ¥3,596,294,654.80 at the end of the previous year[7]. - Current assets decreased from CNY 1,457,024,990.23 to CNY 1,336,362,191.72, a reduction of about 8.28%[36]. - Total liabilities decreased from CNY 3,505,248,520.76 to CNY 3,410,968,416.20, a decline of approximately 2.68%[38]. - The company's total equity decreased from CNY 91,046,134.04 to CNY 76,830,849.67, representing a decline of about 15.58%[39]. - The company reported a net loss of CNY 78,233,167.45 for the period, compared to a loss of CNY 62,198,819.19 in the previous period[39]. - The company's inventory decreased slightly from CNY 46,255.45 to CNY 43,655.45, a reduction of about 6.3%[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,583[11]. - The top shareholder, Tibet Ziguang Zhuoyuan Equity Investment Co., Ltd., held 15.59% of the shares, totaling 15,000,000 shares[11]. Government Subsidies and Other Income - The company recognized government subsidies of ¥19,591,046.85 related to VAT policy reductions during the reporting period[8]. - Other income increased significantly by 15,352.52% to ¥19,591,046.85, mainly due to VAT exemption policies[15]. Research and Development - Research and development expenses for the current period are ¥12,437,105.92, down from ¥14,709,919.27, showing a decrease of approximately 15.4%[45]. Financial Management - The company reported a total of 40,531,000 CNY in bank wealth management products using its own funds[27]. - The company has authorized the use of idle self-owned funds for entrusted wealth management up to 1 billion CNY, with a rolling usage period from July 5, 2019, to July 4, 2020[29]. - The company has not engaged in any derivative investments during the reporting period[30]. - The company has not conducted any research, communication, or interview activities during the reporting period[31]. - There were no violations regarding external guarantees during the reporting period[32]. - The company reported no non-operating fund occupation by controlling shareholders or their related parties[32]. - The company has not implemented any share repurchase during the reporting period[27]. - The company has not reported any significant or low-security, illiquid, or non-principal-protected high-risk entrusted wealth management situations[27].