恒立实业(000622) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥20,710,952.97, a decrease of 81.85% compared to ¥114,079,497.64 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥1,200,802.67, which is a 21.40% improvement from a loss of ¥1,527,679.17 in the previous year[9] - The net cash flow from operating activities was -¥56,639,303.37, a 45.38% improvement from -¥103,687,614.01 in the same period last year[9] - The basic and diluted earnings per share were both -¥0.0028, a decrease of 22.22% from -¥0.0036 in the same period last year[9] - The net loss for Q1 2020 was CNY 1,285,729.00, compared to a net loss of CNY 1,727,607.35 in Q1 2019, representing an improvement of 25.6%[42] - The operating profit for Q1 2020 was CNY -2,303,210.62, compared to CNY -1,347,137.58 in the previous year[42] - The total comprehensive income for the first quarter was -27,255.25, compared to -1,769,090.19 in the same period last year[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥332,448,310.60, reflecting a 5.07% increase from ¥316,407,777.77 at the end of the previous year[9] - The total assets as of the end of Q1 2020 were CNY 330,511,616.21, slightly down from CNY 330,683,116.82 at the end of the previous period[38] - The total liabilities increased from CNY 101,511,011.28 at the end of 2019 to CNY 118,837,273.11 by March 31, 2020, reflecting a rise of approximately 17%[34] - The total liabilities amounted to CNY 107,000,380.27, a minor decrease from CNY 107,144,625.63 in the previous period[38] - The company's equity attributable to shareholders decreased from CNY 202,562,396.03 in December 2019 to CNY 201,361,593.36 in March 2020, a decline of about 0.6%[35] Cash Flow - The company's cash and cash equivalents decreased by 47.97% to 4,184.19 million, primarily due to payments for goods and daily operational expenses[17] - Cash flow from operating activities showed a net outflow of -56,639,303.37, an improvement from -103,687,614.01 in the previous year[50] - The company received cash from sales of goods and services amounting to 32,181,245.50, compared to 12,449,298.13 in the previous year, reflecting a significant increase[49] - The cash outflow for purchasing goods and services was 84,678,894.82, a decrease from 93,270,715.31 in the previous year[50] - The net increase in cash and cash equivalents for the quarter was -46,875,314.95, resulting in an ending balance of 8,425,370.04[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,706[12] - The top shareholder, China Huayang Investment Holdings, held 17.99% of the shares, amounting to 76,496,653 shares, with a pledge of 76,000,000 shares[12] Operational Metrics - Operating costs for Q1 2020 were 1,819.89 million, down 83.41% from 10,970.28 million year-on-year, reflecting the same pandemic-related impacts[18] - The company reported a significant increase in accounts receivable, which rose by 64.97% to 3,564.26 million, attributed to increased sales from subsidiary trading companies[17] - Prepayments increased by 103.43% to 12,809.08 million, mainly due to higher advance payments for goods by subsidiary trading companies[17] - The company reported a 283.82% increase in accounts payable, reaching 2,477.89 million, due to increased use of notes for settling business transactions[17] - The company's research and development expenses decreased by 10.31% to 26.92 million, reflecting cost-cutting measures during the pandemic[18] Other Information - The company has not reported any significant new product developments or market expansions during this period[20] - The company did not undergo an audit for the first quarter report, indicating that the figures are unaudited[57]