安凯客车(000868) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥272,720,526.02, representing a decrease of 68.32% compared to ¥860,845,459.25 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥43,978,152.60, a decline of 328.97% from a profit of ¥19,206,667.63 in the previous year[8] - The net cash flow from operating activities was negative at ¥210,752,255.83, down 153.67% from ¥392,669,116.81 in the same period last year[8] - Basic and diluted earnings per share were both -¥0.06, a decrease of 300.00% compared to ¥0.03 in the previous year[8] - The weighted average return on equity was -10.87%, down 15.70% from 4.83% in the previous year[8] - The company's operating revenue for the first quarter of 2020 was CNY 272,720,526.02, a decrease of 68.32% compared to CNY 860,845,459.25 in the previous period[16] - The company's net cash received from sales of goods and services was CNY 206,288,856.76, down 83.35% from CNY 1,239,039,313.82 in the previous period[17] - The company's cash inflow from operating activities was CNY 221.32 million, a decrease of 82.4% from CNY 1.26 billion in Q1 2019[46] - The company reported a total comprehensive income of -CNY 48.51 million for Q1 2020, compared to CNY 9.02 million in the same period last year[40] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,081,618,176.52, a decrease of 3.36% from ¥5,258,434,813.39 at the end of the previous year[8] - The company's total assets decreased to CNY 5,081,618,176.52 from CNY 5,258,434,813.39, reflecting a decline in overall asset value[29] - The total liabilities as of March 31, 2020, amounted to CNY 4,622,140,341.20, compared to CNY 4,752,430,782.03 at the end of 2019, indicating a reduction of about 2.7%[32] - The company's total liabilities decreased to CNY 3,544,225,914.00 from CNY 3,703,917,559.23, indicating a reduction in financial obligations[29] - The total owner's equity decreased from CNY 506,004,031.36 at the end of 2019 to CNY 459,477,835.32 as of March 31, 2020, a decline of approximately 9.2%[32] Cash Flow - The company's cash flow from operating activities showed a significant decline, reflecting challenges in sales and revenue generation[17] - The total cash outflow from operating activities amounted to 432,071,847.53 CNY, down from 864,627,525.10 CNY year-over-year[47] - The net cash flow from investing activities was -48,496,627.25 CNY, compared to -119,091,101.83 CNY in the previous year[47] - Cash inflow from financing activities totaled 401,990,183.30 CNY, an increase from 230,000,000.00 CNY in the prior year[48] - The net cash flow from financing activities was 26,251,381.37 CNY, contrasting with a net outflow of -195,606,285.26 CNY in the same quarter last year[48] - The ending balance of cash and cash equivalents was 237,353,186.45 CNY, down from 431,966,268.40 CNY year-over-year[48] - The company experienced a net decrease in cash and cash equivalents of -231,913,378.06 CNY, contrasting with an increase of 77,011,020.95 CNY in the same quarter last year[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,094[12] - The top two shareholders, Anhui Jianghuai Automobile Group Co., Ltd. and Anhui Investment Group Holding Co., Ltd., held 25.20% and 15.58% of shares, respectively[12] Inventory and Expenses - The inventory increased by 46.68% to CNY 211,670,257.11 from CNY 144,304,005.87, indicating a rise in stock levels[16] - The total operating costs for Q1 2020 amounted to CNY 351.09 million, down from CNY 873.70 million in the previous year, reflecting a decrease of 59.9%[39] - Research and development expenses for Q1 2020 were CNY 12.78 million, a decrease of 17.5% from CNY 15.42 million in Q1 2019[39] - The company incurred financial expenses of CNY 18.96 million in Q1 2020, down from CNY 24.54 million in the previous year, representing a reduction of 22.8%[43] Other Income - The company reported non-operating income of ¥16,709,305.94, primarily from government subsidies and financial product income[9] - The company's other income increased by 203.72% to CNY 15,386,016.38, primarily due to increased government subsidies[16] Audit and Standards - The company has not undergone an audit for the first quarter report, which is noted as unaudited[58] - The report indicates the implementation of new revenue and leasing standards starting in 2020, with no retrospective adjustments made[58]