横店东磁(002056) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥1,339,282,800.80, representing a decrease of 3.77% compared to ¥1,391,686,258.74 in the same period last year[8] - Net profit attributable to shareholders was ¥88,101,457.47, down 22.33% from ¥113,429,410.47 year-on-year[8] - The basic earnings per share decreased by 22.32% to ¥0.0536 from ¥0.0690 in the same period last year[8] - The company reported a net profit of CNY 3,137,784,346.46 in retained earnings, an increase from CNY 3,049,682,888.99[31] - The net profit for Q1 2020 was CNY 86,809,251.98, down 23.6% from CNY 113,534,667.87 in Q1 2019[38] - The operating profit for Q1 2020 was CNY 103,076,424.31, a decline of 23.1% from CNY 133,864,757.25 in the previous year[40] Cash Flow - The net cash flow from operating activities was ¥165,727,499.95, a decline of 10.29% compared to ¥184,745,955.93 in the same period last year[8] - Cash inflows from operating activities totaled CNY 1,999,327,973.87, slightly up from CNY 1,991,666,206.48 in the previous year[43] - The company reported a total cash outflow from operating activities of ¥1,833,600,473.92, slightly up from ¥1,806,920,250.55 in the previous year[44] - The net cash flow from investment activities was -¥517,900,867.47, compared to a positive net cash flow of ¥239,043,821.53 in Q1 2019[44] - Cash inflow from financing activities totaled ¥573,898,834.77, significantly higher than ¥80,000,000.00 in the same period last year[45] - The net cash flow from financing activities was ¥330,143,438.67, a turnaround from a negative net cash flow of -¥93,113,893.58 in Q1 2019[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,728,060,918.26, an increase of 2.69% from ¥8,499,500,621.74 at the end of the previous year[8] - Current liabilities rose to CNY 3,088,710,850.08, compared to CNY 2,893,166,281.39 in the previous period, reflecting an increase of 6.8%[30] - The total liabilities reached CNY 3,347,139,575.49, an increase from CNY 3,157,450,523.47, indicating a growth of 6%[30] - The company’s fixed assets decreased to CNY 2,293,893,099.63 from CNY 2,369,911,091.26, a decline of 3.2%[29] - The company’s inventory increased to CNY 604,419,735.30 from CNY 567,120,627.90, reflecting a growth of 6.6%[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 84,970[12] - The net assets attributable to shareholders increased by 0.76% to ¥5,359,671,994.18 from ¥5,319,508,544.19 at the end of the previous year[8] - The total equity attributable to shareholders rose to CNY 5,359,671,994.18 from CNY 5,319,508,544.19, an increase of 0.8%[31] Expenses - Management expenses increased by 25.55% to CNY 83,718,105.92, mainly due to increased salaries and share-based payment expenses[16] - Research and development expenses increased to CNY 73,485,277.40, up from CNY 68,734,953.82, reflecting a focus on innovation[40] - The company experienced a significant other comprehensive loss of CNY 52,306,398.65, compared to a gain of CNY 2,176,416.59 in Q1 2019[38] - The company reported a decrease in sales expenses to CNY 49,628,925.89 from CNY 55,994,468.10, indicating cost control measures[40] Other Financial Metrics - The weighted average return on equity was 1.65%, down from 2.39% in the previous year[8] - The company reported non-recurring gains of ¥5,364,010.49, primarily from government subsidies and other income[9] - Financial expenses decreased by 190.46% to -CNY 19,652,178.47, due to increased exchange gains and interest income[16] - Cash and cash equivalents decreased by 107.32% to -CNY 22,425,089.53, mainly due to a significant reduction in cash flow from investing activities[16]