粤桂股份(000833) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥887,022,837.53, representing a 54.32% increase compared to ¥574,791,509.87 in the same period last year[8] - The net profit attributable to shareholders was -¥30,662,718.59, a decrease of 689.45% from ¥5,201,886.99 in the previous year[8] - The basic earnings per share were -¥0.0459, down 688.46% from ¥0.0078 in the previous year[8] - The company reported a net profit margin decline due to increased costs, with operating costs rising faster than revenue growth[38] - The net profit for Q1 2020 was a loss of CNY 31.74 million, compared to a profit of CNY 3.51 million in Q1 2019, indicating a significant decline in profitability[41] - The total profit for Q1 2020 was a loss of CNY 30.44 million, compared to a profit of CNY 7.55 million in the previous year[41] Cash Flow - The net cash flow from operating activities was -¥259,413,482.01, which is a 132.57% decline compared to -¥111,544,392.52 in the same period last year[8] - The company reported a net cash outflow from operating activities of CNY 259.41 million, worsening from a net outflow of CNY 111.54 million in the same period last year[47] - The total cash outflow from operating activities was CNY 1.25 billion, compared to CNY 814.05 million in the same period last year, indicating a 53.5% increase in cash outflows[47] - The company experienced a net increase in cash and cash equivalents of -284,139,229.94 CNY during the period[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,487,651,562.76, an increase of 2.57% from ¥4,375,183,940.65 at the end of the previous year[8] - Current liabilities totaled CNY 1,593,099,177.95, an increase from CNY 1,447,246,445.43 in the previous year, marking a rise of about 10.1%[32] - The company's total liabilities reached CNY 1,744,111,733.09, compared to CNY 1,601,461,632.99 in the previous year, which is an increase of approximately 8.9%[32] - The total equity attributable to shareholders was CNY 2,776,268,033.21, down from CNY 2,805,377,523.30, indicating a decrease of about 1.0%[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 45,368[12] - The top three shareholders held a combined 54.78% of the shares, with the largest shareholder owning 31.31%[13] Operational Metrics - Operating costs increased by 68.8% year-on-year, corresponding to the increase in trade sugar business[16] - Financial expenses increased by 70.04% year-on-year, mainly due to the borrowing of working capital for the current sugar season[16] - Other income decreased by 71.58% year-on-year, primarily due to a reduction in government subsidies[16] - Investment income decreased by 65.48% year-on-year, as there were no treasury reverse repurchase investments in the current period[16] Inventory and Receivables - Accounts receivable increased by 41.63% compared to the beginning of the year, primarily due to an increase in receivables from mineral product sales[16] - Inventory increased by 33.65% compared to the beginning of the year, mainly due to the addition of new mechanism sugar inventory for the new sugar season[16] Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue streams[38] Audit Status - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[52]