GPTY(SZ:000545)2020-04-28 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥390,682,328.87, a decrease of 23.62% compared to ¥511,493,539.00 in the same period last year[8]. - The net profit attributable to shareholders was ¥2,518,025.19, down 89.91% from ¥24,957,571.08 year-on-year[8]. - The total profit for the period was ¥3,894,622.72, down 87.07% from ¥30,111,860.11 in the previous year, attributed to a decline in production and sales of titanium dioxide[15]. - Net profit for Q1 2020 was CNY 2,518,025.19, significantly lower than CNY 24,957,571.08 in the same period last year, representing a decline of approximately 89.9%[39]. - The company reported a total comprehensive income of -798,374.92 CNY for the quarter, compared to -3,454,703.37 CNY in the previous year[46]. Cash Flow - The net cash flow from operating activities was -¥55,376,795.32, a decline of 279.81% compared to ¥30,798,027.40 in the previous year[8]. - The total cash flow from operating activities for the first quarter was -55,376,795.32 CNY, a significant decrease compared to 30,798,027.40 CNY in the same period last year[46]. - The cash inflow from operating activities totaled 261,305,471.83 CNY, down from 360,670,018.28 CNY year-over-year, indicating a decline of approximately 27.5%[46]. - The cash outflow from operating activities was 316,682,267.15 CNY, compared to 329,871,990.88 CNY in the previous year, reflecting a decrease of about 4%[46]. - The cash flow from financing activities resulted in a net outflow of -73,082,373.64 CNY, compared to -30,007,208.65 CNY in the same quarter last year[47]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,074,282,797.15, a decrease of 0.57% from ¥3,091,980,248.53 at the end of the previous year[8]. - Total liabilities decreased from CNY 1,013,403,612.06 to CNY 992,012,817.90, a reduction of about 2.1%[31]. - The company's current assets totaled CNY 1,250,726,797.58 as of March 31, 2020, slightly up from CNY 1,242,048,948.03 at the end of 2019, indicating a growth of about 0.14%[29]. - Total assets amounted to CNY 3,091,980,248.53, with current assets at CNY 1,242,048,948.03 and non-current assets at CNY 1,849,931,300.50[53]. - The total current liabilities include short-term borrowings of CNY 567,204,044.19 and accounts payable of CNY 279,924,851.45[53]. Equity - The company's equity attributable to shareholders increased slightly from CNY 2,078,576,636.47 to CNY 2,082,269,979.25, reflecting a growth of approximately 0.2%[32]. - Total equity attributable to shareholders reached CNY 2,078,576,636.47, with retained earnings of CNY 1,092,380,959.79[54]. Operational Activities - The company reported no significant investment activities, including securities, entrusted financial management, or derivative investments during the reporting period[19][20][21]. - The company did not engage in any research and development of new products or technologies, nor did it announce any market expansion or acquisition strategies in the report[19][20][21]. - The company announced a delay in the disclosure of its annual report to May 20, 2020, with the Q1 data being unaudited[16]. - The first quarter report was not audited, indicating preliminary financial results[56]. Other Financial Metrics - Earnings per share for Q1 2020 were CNY 0.0026, compared to CNY 0.0253 in the previous year[40]. - Research and development expenses for Q1 2020 were CNY 12,158,827.26, down from CNY 14,343,421.10 in the previous period[38]. - Other comprehensive income after tax for Q1 2020 was CNY 7,884.88, down from CNY 51,311.91 in the previous period[39]. - The company received 169,550,000.00 CNY from borrowings during the financing activities, an increase from 135,000,000.00 CNY in the previous year[47]. - The company has not provided specific guidance or outlook for future performance in this report[56].