浩物股份(000757) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥497,301,585.10, a decrease of 44.36% compared to ¥893,854,972.57 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥30,419,841.33, representing a decline of 43.81% from a profit of ¥5,638,288.72 in the previous year[7] - The net cash flow from operating activities was negative at ¥34,438,399.55, a significant decrease of 138.04% compared to ¥90,524,908.74 in the same period last year[7] - The basic earnings per share were -¥0.046, down 31.43% from ¥0.01 in the previous year[7] - The total profit for the period was a loss of ¥30,629,331.50, a 70.62% increase in losses compared to the previous year[19] - The net loss for the first quarter was CNY 30,426,450.78, compared to a net loss of CNY 21,075,211.87 in the same period last year, reflecting an increase in losses of approximately 44.5%[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,835,719,994.60, a decrease of 7.72% from ¥3,072,996,019.83 at the end of the previous year[7] - The net assets attributable to shareholders were ¥1,618,227,205.05, down 1.75% from ¥1,646,979,623.70 at the end of the previous year[7] - Current assets totaled CNY 1,876,771,374.32, down from CNY 2,081,669,324.14, indicating a decrease of about 9.8%[35] - Total liabilities decreased to CNY 1,216,092,653.94 from CNY 1,417,998,391.96, reflecting a decline of around 14.2%[37] - The company's total equity decreased to CNY 1,619,627,340.66 from CNY 1,654,997,627.87, a decrease of approximately 2.1%[38] Shareholder Information - The top shareholder, Tianjin Haoling Automobile Trade Co., Ltd., holds 22.22% of the shares, totaling 147,715,694 shares[11] - The company has a total of 30,039 common shareholders at the end of the reporting period[11] Cash Flow - Cash and cash equivalents decreased by 177.74% to a net outflow of ¥98,182,009.09 due to combined impacts from operating, investing, and financing activities[21] - The total cash and cash equivalents at the end of the period amounted to 495,541,908.57 CNY, down from 914,689,947.10 CNY in the previous period[53] - The company reported a total cash inflow from operating activities of 670,643,951.31 CNY, while cash outflow was 705,082,350.86 CNY, leading to a negative cash flow[52] Operational Challenges - Operating revenue fell by 44.36% to ¥497,301,585.10, primarily due to decreased sales of vehicles and parts caused by the pandemic[18] - Accounts receivable decreased by 36.92% to ¥107,289,731.23 due to reduced sales revenue impacted by COVID-19[16] - Research and development expenses decreased by 42.71% to ¥3,127,916.35 due to reduced investment amid the pandemic[18] - The company expects a net profit loss of approximately ¥33 million for the first half of 2020, a decrease of 136.21% compared to the same period last year[24] Other Income and Expenses - The company reported non-operating income of ¥640,876.07 from government subsidies related to business operations[8] - The company incurred financial expenses of CNY 8,144,184.37, which increased from CNY 6,739,068.42, marking an increase of approximately 20.9%[44] - The company reported a significant increase in credit impairment losses, which rose to CNY -1,742,072.47 from CNY -587,704.13 year-over-year[45]