御银股份(002177) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥48,280,093.39, representing a 20.58% increase compared to ¥40,040,165.41 in the same period last year[8]. - The net profit attributable to shareholders was -¥46,758,631.34, a decrease of 232.54% from ¥35,280,209.63 in the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,908,687.13, a significant increase of 330.37% from -¥7,773,931.25 in the same period last year[8]. - The basic earnings per share were -¥0.0614, a decline of 232.61% from ¥0.0463 in the same period last year[8]. - The diluted earnings per share were also -¥0.0614, reflecting the same decline as the basic earnings per share[8]. - The weighted average return on equity was -3.00%, down 5.20% from 2.20% in the previous year[8]. - The company reported a net loss of ¥46,758,631.34 for Q1 2020, compared to a net profit of ¥35,280,209.63 in the same period last year, indicating a significant decline in profitability[37]. - The total comprehensive income for the period was -¥46,748,521.23, a stark contrast to the comprehensive income of ¥35,239,530.67 in Q1 2019[37]. Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥7,699,673.22, an 80.13% improvement from -¥38,746,634.18 in the previous year[8]. - The company's cash and cash equivalents decreased to ¥128,895,811.90 from ¥159,979,086.83, representing a decline of about 19.4%[27]. - The cash inflow from sales of goods and services was ¥17,514,643.77, a decrease from ¥47,479,087.68 in the previous period, indicating lower sales performance[46]. - The cash outflow for purchasing goods and services was ¥8,987,645.81, down from ¥59,306,057.34 in the previous period, suggesting a reduction in procurement costs[46]. - The total cash outflow from operating activities was ¥40,958,309.54, compared to ¥164,598,269.14 in the previous period, showing a reduction in cash expenses[46]. - The company's cash and cash equivalents at the end of the period stood at ¥57,287,215.39, an increase from ¥41,170,106.32 in the previous period, indicating improved liquidity[48]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,695,451,922.56, a decrease of 3.57% from ¥1,758,222,938.84 at the end of the previous year[8]. - The net assets attributable to shareholders decreased by 2.86% to ¥1,590,505,803.58 from ¥1,637,254,324.81 at the end of the previous year[8]. - The total current assets as of March 31, 2020, amounted to ¥622,385,411.97, a decrease from ¥690,013,379.15 at the end of 2019, reflecting a decline of approximately 9.8%[27]. - The company's long-term receivables decreased to ¥4,712,860.29 from ¥8,488,956.41, a decline of about 44.6%[28]. - The total liabilities included accounts payable of ¥24,704,502.79, which remained relatively stable compared to ¥24,690,241.90[28]. - Total liabilities decreased to CNY 583,529,359.16 from CNY 605,157,378.75, a reduction of approximately 3.9%[33]. Operating Costs and Expenses - Operating costs decreased by 41.06% year-on-year, mainly due to the company's control over outlet maintenance expenses[15]. - Sales revenue from goods and services decreased by 39.14% year-on-year, primarily due to reduced sales collections during the reporting period[15]. - Cash paid for purchasing goods and accepting services decreased by 67.21% year-on-year, mainly due to reduced raw material procurement expenditures[15]. - Tax expenses decreased by 42.98% year-on-year, corresponding to a reduction in payable value-added tax[15]. - Other income decreased by 98.88% year-on-year, primarily due to a reduction in government subsidies[15]. - Investment income decreased by 221.98% year-on-year, mainly due to losses from securities investments[15]. - Research and development expenses increased to CNY 5,580,725.09 from CNY 4,585,079.62, an increase of approximately 21.7%[36]. - The company reported a significant increase in sales expenses, which amounted to ¥518,001.56, compared to ¥2,031,379.62 in the previous year, indicating a reduction in sales-related costs[39]. Investment Activity - The company reported an investment loss of CNY 60,576,078.98 in Q1 2020, compared to a gain of CNY 49,659,319.61 in Q1 2019[36]. - The total cash inflow from investment activities was ¥1,083,500,726.60, down from ¥7,788,571,974.49 in the previous period, reflecting a substantial reduction in investment returns[48]. - The net cash flow from investment activities was -¥39,324,863.91, contrasting with a positive net cash flow of ¥18,297,763.09 in the previous period, highlighting challenges in investment performance[48]. Compliance and Audit - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[49]. - The company has not applied new revenue and leasing standards, which may impact future financial reporting[49]. - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[20][21].