ST同洲(002052) - 2020 Q1 - 季度财报

Financial Performance - Revenue for Q1 2020 was ¥86,516,058.38, a decrease of 71.30% compared to ¥301,463,382.41 in the same period last year[8] - Net profit attributable to shareholders was -¥21,853,019.09, representing a decline of 305.59% from ¥10,629,619.35 year-on-year[8] - Basic and diluted earnings per share were both -¥0.0293, down 306.34% from ¥0.0142 in the same period last year[8] - The company reported a 71.30% decrease in revenue primarily due to reduced orders caused by the global COVID-19 pandemic[15] - Operating costs decreased by 70.21% compared to the previous year, correlating with the drop in revenue[15] - Sales expenses fell by 70.88% year-on-year, reflecting the overall decline in business activity[15] - Investment income decreased by 263.42% compared to the previous period, primarily due to losses from equity method accounted joint ventures[16] - Net loss for Q1 2020 was CNY 21,853,019.09, contrasting with a net profit of CNY 10,629,619.35 in the same period last year[39] - The total comprehensive income for Q1 2020 was -¥19,201,212.53, down from ¥11,329,352.56 in the prior period[43] Cash Flow - Net cash flow from operating activities was -¥48,597,787.61, a decrease of 302.20% compared to ¥24,034,725.21 in the previous year[8] - Cash flow from operating activities showed a net outflow of -¥48,597,787.61, compared to a net inflow of ¥24,034,725.21 in the previous year[47] - The cash and cash equivalents at the end of Q1 2020 were ¥26,790,529.74, a decrease from ¥542,256,362.05 at the end of the previous period[48] - Cash outflow from financing activities was ¥75,504,884.98, down 80.0% from ¥375,321,878.55 year-on-year[51] - Net cash flow from investing activities was -¥95,829.00, compared to -¥1,362,998.94 in the previous period[51] Assets and Liabilities - Total assets at the end of the reporting period were ¥893,473,172.48, a decrease of 7.52% from ¥966,148,095.49 at the end of the previous year[8] - Total liabilities decreased from ¥565,518,472.10 as of December 31, 2019, to ¥512,046,302.01 as of March 31, 2020[31] - The company's current assets decreased from ¥615,798,217.11 as of December 31, 2019, to ¥548,906,149.81 as of March 31, 2020[29] - The company's non-current assets decreased from ¥350,349,878.38 as of December 31, 2019, to ¥344,567,022.67 as of March 31, 2020[30] - The company's total assets decreased to CNY 1,234,045,119.92 as of March 31, 2020, down from CNY 1,282,626,643.70 at the end of 2019[35] - Total liabilities decreased to CNY 660,277,362.78 from CNY 694,914,467.44, reflecting a reduction of about 5%[35] Expenses - Financial expenses decreased by 113.35% compared to the previous year, attributed to lower bank loan interest and foreign exchange gains[15] - Research and development expenses for Q1 2020 were ¥7,250,760.91, down from ¥9,854,073.66 in the previous year[42] - The company reported a financial expense of -¥1,021,497.81, which included interest expenses of ¥429,884.98[42] Other Information - The company executed new revenue and lease accounting standards starting January 1, 2020, impacting the classification of contract liabilities[56] - The company implemented the new revenue recognition standard from January 1, 2020, reclassifying advance payments related to sales as contract liabilities[58] - The first quarter report was not audited[59]