华孚时尚(002042) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥2,306,051,643.44, a decrease of 36.55% compared to ¥3,634,310,612.28 in the same period last year[10] - The net profit attributable to shareholders was a loss of ¥30,441,948.56, representing a decline of 117.69% from a profit of ¥172,109,185.23 in the previous year[10] - The basic and diluted earnings per share were both -¥0.02, down 118.18% from ¥0.11 in the previous year[10] - Total revenue for the current period decreased by 36.55% to CNY 2,306,051,643.44 compared to CNY 3,634,310,612.28 in the previous period[26] - The net profit for the current period is a loss of CNY 34,123,531.88, compared to a net profit of CNY 182,937,484.45 in the previous period, indicating a significant decline[67] - The total comprehensive income for the current period is -¥89,929,613.40, compared to ¥138,369,121.67 in the previous period, showing a substantial decline[69] Cash Flow - The net cash flow from operating activities increased significantly to ¥375,254,214.61, up 898.39% from ¥37,585,815.63 in the same period last year[10] - The cash flow from operating activities is ¥2,546,750,776.33, down from ¥4,120,012,164.38 in the previous period, a decrease of about 38.2%[76] - The net cash flow from investment activities was 94,682,698.62, a recovery from a negative cash flow of -97,968,055.34 in the previous period, suggesting better investment returns[79] - The company reported a net cash flow from financing activities of -764,909,152.67, worsening from -345,212,368.94, indicating challenges in managing financing[81] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,300,557,445.51, a slight decrease of 0.19% from ¥18,335,875,515.57 at the end of the previous year[10] - The net assets attributable to shareholders decreased by 1.37% to ¥6,214,295,611.94 from ¥6,300,744,089.76 at the end of the previous year[10] - Total liabilities increased to CNY 11,738,988,814.97 from CNY 11,656,234,274.17, marking an increase of about 0.7%[51] - Current liabilities rose to CNY 1,668,517,743.63, up from CNY 1,532,845,721.17, marking an increase of about 8.8%[59] Operating Costs and Expenses - Operating costs also fell by 33.36% to CNY 2,169,052,847.58 from CNY 3,254,753,101.89, primarily due to a decline in sales volume[26] - Total operating costs for the current period amount to CNY 2,380,061,843.65, down from CNY 3,544,268,669.22, reflecting a reduction of about 32.8%[64] - Research and development expenses increased by 33.41% to CNY 22,725,228.36, reflecting higher investment in R&D[26] - The company reported a decrease in sales expenses to CNY 32,155,535.93 from CNY 55,666,004.02, a reduction of approximately 42.3%[64] Shareholder Information - The top shareholder, Huafu Holdings Co., Ltd., holds 34.27% of the shares, totaling 520,705,950 shares[15] - The company had a total of 16,438 common shareholders at the end of the reporting period[15] - There were no repurchase transactions conducted by the top 10 shareholders during the reporting period[21]