国机精工(002046) - 2020 Q1 - 季度财报

Financial Performance - Revenue for Q1 2020 was CNY 353,097,516.87, a decrease of 12.99% compared to CNY 405,821,028.09 in the same period last year[7] - Net profit attributable to shareholders was a loss of CNY 34,012,297.76, representing a decline of 221.72% from a profit of CNY 27,943,267.41 in the previous year[7] - Net profit for Q1 2020 was a loss of CNY 29,453,165.67, down from a profit of CNY 41,442,052.63 in the same period last year[40] - Operating profit for the current period is a loss of CNY 24,006,481.91, compared to a loss of CNY 19,132,870.07 in the previous period[44] - Net profit for the current period is a loss of CNY 24,006,481.91, which is worse than the loss of CNY 19,010,870.07 in the previous period[45] - The total comprehensive income for the current period is a loss of CNY 24,006,481.91, compared to a loss of CNY 19,010,870.07 in the previous period[45] Cash Flow - The net cash flow from operating activities improved by 83.89%, reaching a negative CNY 10,740,408.80 compared to negative CNY 66,678,982.73 in the same period last year[7] - Cash flow from operating activities shows a net outflow of CNY 10,740,408.80, an improvement from a net outflow of CNY 66,678,982.73 in the previous period[48] - Cash flow from investing activities results in a net outflow of CNY 21,235,161.01, compared to a net outflow of CNY 54,068,007.32 in the previous period[49] - The net cash flow from investment activities was 13,750,235.28 CNY, compared to a negative cash flow of -2,345,911.06 CNY in the previous period[52] - The net cash flow from financing activities was -141,558,784.98 CNY, worsening from -38,237,065.71 CNY in the previous period[52] Assets and Liabilities - Total assets decreased by 4.22% to CNY 4,422,455,358.38 from CNY 4,617,452,716.68 at the end of the previous year[7] - The company's total assets decreased to CNY 3,576,615,492.19 from CNY 3,716,262,913.14 at the end of the previous year[36] - The total liabilities decreased to CNY 1,004,709,023.10 from CNY 1,120,349,962.14[36] - The total current liabilities decreased to CNY 1,368,087,016.62 from CNY 1,510,083,310.23, a decline of about 9.4%[31] - The total non-current liabilities decreased to CNY 250,996,013.11 from CNY 257,349,400.46, reflecting a decline of about 2.4%[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,334, with the largest shareholder, China National Machinery Industry Corporation, holding 50.05%[10] - The total equity attributable to shareholders decreased to CNY 2,670,798,116.47 from CNY 2,704,489,729.18, a decline of about 1.2%[32] Inventory and Receivables - Accounts receivable increased to CNY 576,821,085.90, up from CNY 471,786,662.88, indicating a growth of about 22.2%[29] - Inventory decreased to CNY 448,459,744.09 from CNY 549,458,209.37, representing a reduction of approximately 18.3%[29] - The company’s inventory increased to CNY 12,829,687.81 from CNY 6,038,800.30, indicating a potential buildup of stock[33] - The company reported a decrease in inventory by 111,634,268.86 CNY, indicating improved inventory management[55] Financial Ratios and Returns - The weighted average return on equity was -1.27%, down from 1.05% in the same period last year, indicating a significant decline in profitability[7] - The company reported a basic and diluted earnings per share of -0.0649 for Q1 2020, compared to 0.0533 in the previous year[41] - Basic and diluted earnings per share for the current period are both CNY -0.0458, compared to CNY -0.036 in the previous period[45] Other Financial Information - The company reported no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[23] - The company has adopted new revenue and leasing standards starting from 2020, impacting the financial statements[53] - The company has not undergone an audit for the first quarter report[60]