西藏矿业(000762) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥56,771,760.81, representing a 5.25% increase compared to ¥53,940,919.91 in the same period last year[9]. - The net profit attributable to shareholders was -¥21,790,456.28, a significant decrease of 8,460.49% from ¥260,636.21 in the previous year[9]. - The basic earnings per share were -¥0.0418, a decline of 8,460.00% compared to ¥0.0005 in the same period last year[9]. - The net profit for the current period was a loss of ¥25,080,811.60, compared to a loss of ¥3,045,836.33 in the previous period, indicating a significant decline in profitability[64]. - The total comprehensive loss for the current period was -¥25,080,811.60, compared to -¥3,045,836.33 in the previous period, highlighting a substantial increase in overall losses[66]. - The total net profit for the period was -8,110,925.35, compared to -3,444,637.91 in the previous period, indicating a significant increase in losses[72]. - The operating profit for the current period was reported at -¥24,295,891.10, compared to -¥2,673,032.16 in the previous period, indicating a worsening operational performance[64]. Cash Flow - The net cash flow from operating activities improved to ¥8,631,350.14, a 1,334.44% increase from -¥699,212.63 in the same period last year[9]. - Operating cash flow increased by 1334.44% year-on-year, mainly due to an increase in cash received from sales of goods and services[25]. - Cash flow from operating activities was 123,537,621.47, up from 80,707,717.08 in the previous period, showing a positive trend[76]. - Cash flow from investing activities generated a net inflow of 300,625,079.14, compared to a net outflow of -14,323,788.04 in the previous period[79]. - The company reported cash and cash equivalents at the end of the period amounting to 1,370,513,526.94, an increase from 1,328,801,430.32 in the previous period[82]. - The net increase in cash and cash equivalents for the period was $195.24 million, up from $68.37 million year-over-year[86]. - The ending balance of cash and cash equivalents reached $869.34 million, compared to $425.52 million at the end of the previous year[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,741,603,439.23, down 4.26% from ¥2,863,561,158.82 at the end of the previous year[9]. - The net assets attributable to shareholders decreased by 1.04% to ¥2,038,793,448.76 from ¥2,060,186,967.30 at the end of the previous year[9]. - Total liabilities decreased from 401,653,919.05 to 304,380,073.32, a decline of around 24.2%[48]. - Current liabilities decreased significantly from 329,015,234.48 to 231,741,388.75, a reduction of approximately 29.5%[48]. - Owner's equity decreased from 2,461,907,239.77 to 2,437,223,365.91, a decrease of about 1%[51]. - The company's total liabilities amounted to ¥202,780,192.88, down from ¥308,008,020.37, showing a reduction of approximately 34.3%[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,312[13]. - The largest shareholder, Tibet Mining Development Group, held 19.93% of the shares, amounting to 103,799,275 shares[14]. Expenses and Costs - Total operating costs increased to ¥68,807,363.17 from ¥61,068,082.21, reflecting a rise of about 12.6%[61]. - Sales expenses decreased by 70.66% year-on-year, mainly due to a reduction in corresponding sales expenses after the sale of the New Ding Hotel equity[24]. - Financial expenses decreased by 337.06% year-on-year, primarily due to a reduction in bank loans, resulting in lower interest expenses[24]. - Tax expenses decreased by 35.30% year-on-year, mainly due to a decrease in revenue from self-produced products[24]. Other Financial Metrics - The weighted average return on equity was -1.06%, down from 0.01% in the previous year[9]. - The company received government subsidies amounting to ¥90,651.59 during the reporting period[9]. - The company incurred a credit impairment loss of -839,063.92 during the reporting period[72]. - The company reported a financial expense of -¥540,441.41, a decrease from the previous period's expense of ¥73,858.27, indicating improved financial management[69]. Management and Reporting - The company did not apply the new revenue and leasing standards for the first quarter of 2020[87]. - The first quarter report was not audited[89]. - The chairman of the company is Zeng Tai[90].