美达股份(000782) - 2020 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2020 was ¥453,916,176.34, a decrease of 43.31% compared to ¥800,628,668.56 in the same period last year[7] - Net profit attributable to shareholders was -¥43,205,847.84, representing a decline of 522.19% from ¥10,233,648.67 year-on-year[7] - Basic and diluted earnings per share were both -¥0.08, down 500.00% from ¥0.02 in the same period last year[7] - Revenue decreased by 43.31% to ¥453,916,176.34, primarily due to poor sales affected by the pandemic and a significant drop in crude oil prices[15] - Net profit attributable to the parent company decreased by 522.19% to -¥43,205,847.84, driven by decreased sales and inventory write-downs[16] - The company reported a comprehensive loss of CNY 44,683,289.35 for Q1 2020, compared to a comprehensive income of CNY 7,376,110.54 in the same period last year[38] - The net profit for the first quarter of 2020 was -24,995,427.49 CNY, compared to a profit of 9,697,119.48 CNY in the same period last year, indicating a significant decline[41] - The operating profit for the first quarter was -25,195,427.49 CNY, a decrease from the previous year's profit of 9,601,159.48 CNY[41] - Total operating revenue for Q1 2020 was CNY 453,916,176.34, a decrease from CNY 800,628,668.56 in the previous period[35] Cash Flow and Assets - The net cash flow from operating activities was -¥233,291,113.10, a decrease of 112.36% compared to -¥109,858,520.23 in the previous year[7] - Cash flow from operating activities showed a net outflow of -¥233,291,113.10, a decline of 112.36% due to decreased cash recovery from sales[16] - Cash and cash equivalents increased by 32.71% to ¥473,710,194.28 due to increased bill discounting and cash recovery[15] - Current assets increased to CNY 1,516,044,854.29 as of March 31, 2020, up from CNY 1,237,626,069.97 on December 31, 2019, representing a growth of approximately 22.5%[27] - Cash and cash equivalents rose to CNY 473,710,194.28 from CNY 356,951,290.73, an increase of about 32.7%[27] - Total liabilities increased to CNY 1,501,263,381.10 from CNY 1,200,850,110.23, marking an increase of about 25%[29] - The company's total liabilities amounted to CNY 1,078,596,963.14, while total equity was CNY 1,567,648,885.78[36] - The ending balance of cash and cash equivalents was 40,150,590.67 CNY, a significant decrease from the beginning balance of 245,812,070.08 CNY[49] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,077[11] - The largest shareholder, Qingdao Changsheng Ridian New Energy Holdings Co., Ltd., held 29.33% of the shares, amounting to 154,911,124 shares[11] Expenses and Liabilities - Short-term borrowings increased by 193.99% to ¥321,594,949.80, reflecting an increase in bank loans[15] - Financial expenses decreased by 42.59% to ¥9,974,428.64, due to reduced interest expenses and increased exchange gains[15] - Investment income decreased by 78.23% to ¥2,409,113.97, reflecting reduced financial product returns[15] - The company incurred asset impairment losses of -21,940,613.31 CNY, compared to -796,188.79 CNY in the previous year[41] - The company received a social security subsidy of ¥19,811,696.00, a 550.46% increase compared to the previous period[16] Inventory and Receivables - Inventory increased by 41.22% to ¥490,483,163.98, attributed to an increase in stock products[15] - Other receivables rose by 546.04% to ¥949,823.00 due to unpaid invoices for other expenses[15] - Accounts receivable decreased to CNY 140,337,551.28 from CNY 159,812,260.72, a reduction of about 12.2%[27] Company Operations - No significant new strategies, product launches, or market expansions were reported during the quarter[14] - Research and development expenses for Q1 2020 were CNY 1,203,832.38, slightly up from CNY 1,125,650.48 in the previous period[36] - The company did not apply new revenue and leasing standards for the first quarter of 2020, as indicated in the financial statement adjustments[50] - The first quarter report was not audited, which may affect the reliability of the financial data presented[51]