三变科技(002112) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥107,948,011.19, a decrease of 32.50% compared to ¥159,921,466.58 in the same period last year[8] - Net profit attributable to shareholders was ¥1,013,515.63, an increase of 28.07% from ¥791,363.01 year-on-year[8] - The net profit after deducting non-recurring gains and losses was -¥642,546.10, a decline of 574.45% compared to ¥135,430.60 in the previous year[8] - Operating revenue declined by 32.50% to ¥107.95 million from ¥159.92 million primarily due to reduced shipments caused by logistics disruptions from the COVID-19 pandemic[17] - The company's net profit for Q1 2020 showed a significant decline compared to the previous year, reflecting the overall decrease in revenue and increased costs[41] - The total profit for the first quarter was CNY 1,013,515.63, up from CNY 791,363.01, indicating a growth of about 28%[46] - The total comprehensive income for the first quarter was CNY 1,013,515.63, compared to CNY 791,363.01 in the previous period, reflecting an increase of about 28%[47] Cash Flow - The net cash flow from operating activities improved to -¥7,946,561.09, a 54.36% increase from -¥17,409,822.81 in the same period last year[8] - The cash flow from operating activities net amount was -CNY 7,946,561.09, an improvement from -CNY 17,409,822.81 in the previous period[50] - Cash inflow from operating activities totaled 158,396,636.20, up from 136,200,257.04 in the previous period, reflecting a growth of approximately 16.3%[52] - The net cash flow from investing activities was -383,204.22, compared to -465,091.14 in the previous period, showing a reduction in cash outflow[54] - The net cash flow from financing activities was -17,759,849.90, an improvement from -33,776,053.33 in the previous period[54] - The company experienced a net decrease in cash and cash equivalents of -26,237,229.80, compared to -51,750,018.45 in the previous period, reflecting a significant improvement[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥982,531,758.72, down 5.53% from ¥1,040,092,877.49 at the end of the previous year[8] - Total liabilities decreased to ¥677.85 million from ¥732.65 million, with significant reductions in accounts payable and notes payable[33] - Total equity attributable to shareholders increased slightly to CNY 380,893,270.63 from CNY 380,271,382.84 as of December 31, 2019[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,643[11] - The largest shareholder, Zhejiang Sanbian Group Co., Ltd., held 14.77% of the shares, amounting to 29,770,931 shares[11] Research and Development - R&D expenses decreased by 50.48% to ¥2.60 million from ¥5.26 million due to lower investment in research activities[25] - The company reported a decrease in research and development expenses to CNY 2,606,566.50 from CNY 5,264,164.11 in the previous period[41] Other Income and Expenses - The company received government subsidies totaling ¥885,739.16 during the reporting period[9] - Other income increased by 50.43% to ¥0.89 million from ¥0.59 million due to the receipt of unemployment insurance refunds[25] - Sales expenses for the first quarter were CNY 11,904,537.66, compared to CNY 10,547,402.72 in the previous period, showing an increase of approximately 13%[45] - The financial expenses for the first quarter were CNY 3,159,902.16, down from CNY 4,355,868.80 in the previous period, indicating a decrease of about 27%[45] Audit Information - The company did not undergo an audit for the first quarter report[55]