荣丰控股(000668) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥9,691,511.98, a decrease of 68.41% compared to ¥30,675,028.53 in the same period last year[7] - The net profit attributable to shareholders was -¥12,976,811.74, representing a decline of 224.08% from ¥10,458,517.29 in the previous year[7] - Basic and diluted earnings per share were both -¥0.09, a decrease of 228.57% from ¥0.07 in the same period last year[7] - The company reported a net loss of CNY 13,758,116.09, compared to a net profit of CNY 11,836,080.88 in the same period last year[36] - Comprehensive income totalled CNY -34,554,012.26, down from CNY 87,417,952.76 in the previous year[37] - The total comprehensive income for the first quarter was ¥251,391,711.27, a decrease of ¥940,277.21 compared to the previous period[41] Cash Flow - The net cash flow from operating activities improved by 36.06%, amounting to -¥63,093,456.80 compared to -¥98,675,065.24 in the previous year[7] - Cash inflow from operating activities was ¥10,315,900.60, down from ¥25,165,306.39 in the previous period, indicating a decline of approximately 59%[43] - Cash outflow from operating activities totaled ¥73,409,357.40, compared to ¥123,840,371.63 in the previous period, reflecting a decrease of about 40.6%[44] - The net cash flow from investing activities was ¥4,351,200.00, compared to -¥15,928,190.59 in the previous period, showing a significant recovery[44] - Cash inflow from financing activities was ¥432,000,000.00, down from ¥1,104,000,000.00 in the previous period, a decrease of approximately 60.9%[45] - The net cash flow from financing activities was ¥112,498,833.33, a substantial increase from ¥453,740.01 in the previous period[45] - The ending cash and cash equivalents balance was ¥243,292,476.88, an increase from ¥157,226,749.47 in the previous period[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,713,969,049.06, a slight increase of 0.02% from ¥2,713,537,312.07 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 3.25%, totaling ¥942,747,830.51 compared to ¥974,440,948.83 at the end of the previous year[7] - The company's current assets totaled CNY 2,369,053,301.29, up from CNY 2,339,177,413.01 at the end of 2019, indicating a growth of approximately 1.6%[26] - Total liabilities increased to CNY 1,676,356,511.11 from CNY 1,613,370,761.83, marking a rise of approximately 3.9%[28] - The company's equity attributable to shareholders decreased to CNY 942,747,830.51 from CNY 974,440,948.83, a decline of about 3.2%[29] - Short-term borrowings surged to CNY 310,424,040.87 from CNY 160,425,333.33, indicating an increase of approximately 93.5%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,286[10] - The largest shareholder, Shengshida Investment Co., Ltd., held 40.81% of the shares, totaling 59,926,083 shares[10] Operational Insights - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[36] - The company reported no derivative investments or non-compliance with external guarantees during the reporting period[19][21] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[22] Other Financial Metrics - The company received government subsidies amounting to ¥22,287.60 during the reporting period[8] - The company recorded a significant increase in financial expenses, rising to CNY 4,422,192.85 from CNY 1,046,213.60[35] - Other income for the period was CNY 11,773.09, with investment income recorded at CNY 13,951,039.20 in the previous period[35] - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[50]