国统股份(002205) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥14,558,796.01, a decrease of 46.20% compared to ¥27,061,975.27 in the same period last year[7] - The net profit attributable to shareholders was -¥22,359,023.69, representing a decline of 27.44% from -¥17,544,815.65 year-on-year[7] - The net cash flow from operating activities was -¥36,398,322.65, a decrease of 20.70% compared to -¥30,157,011.59 in the previous year[7] - The company reported a significant decrease in operating income due to project delays caused by the pandemic, leading to a 46.20% drop in revenue[15] - The net loss for Q1 2020 was ¥24,929,048.83, compared to a net loss of ¥18,482,256.88 in Q1 2019, indicating a worsening financial performance[42] - The estimated net profit for the first half of 2020 is projected to be between -30 million and -20 million yuan, compared to a net profit of -305.67 thousand yuan in the same period of 2019[20] - The company's total comprehensive income for Q1 2020 was a loss of CNY 5,758,675.11, compared to a loss of CNY 10,958,757.02 in the same period last year, showing an improvement of approximately 47.5%[46] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,499,874,875.18, down 1.62% from ¥3,557,327,934.43 at the end of the previous year[7] - The total assets as of March 31, 2020, amounted to 3,499,874,875.18 yuan, a decrease from 3,557,327,934.43 yuan as of December 31, 2019[32] - The total liabilities as of March 31, 2020, were 2,509,198,174.98 yuan, compared to 2,541,722,185.40 yuan at the end of 2019[33] - The total equity as of March 31, 2020, was 990,676,700.20 yuan, down from 1,015,605,749.03 yuan as of December 31, 2019[34] - The company's total assets increased to ¥2,331,053,695.05 as of March 31, 2020, up from ¥2,289,928,344.98 at the end of 2019[38] - Current liabilities rose to ¥1,344,843,960.32 in Q1 2020, compared to ¥1,294,873,928.17 in the previous quarter, indicating increased short-term financial obligations[38] - The total equity decreased to ¥768,587,277.53 in Q1 2020 from ¥774,345,952.64 in the previous quarter, reflecting the impact of net losses on shareholder equity[38] Cash Flow - The net cash flow from operating activities decreased by 6.24 million yuan, a decline of 20.70% compared to the same period last year, primarily due to a year-on-year decrease in operating cash inflows[16] - The net cash flow from investing activities decreased by 24.62 million yuan, a decline of 40.66%, mainly due to an increase in other investment expenditures compared to the previous year[18] - The net cash flow from financing activities increased by 101.70 million yuan, an increase of 5733.82%, primarily due to a decrease in bank loan repayments compared to the previous year[18] - The cash flow from operating activities showed a net outflow of CNY 36,398,322.65, worsening from a net outflow of CNY 30,157,011.59 in the previous year[49] - The company reported cash inflows from operating activities totaling CNY 128,886,018.36, compared to CNY 158,823,534.91 in the previous year, a decline of approximately 18.9%[48] - The cash outflow from financing activities was CNY 27,302,239.07, significantly lower than CNY 178,773,748.16 in Q1 2019, indicating a reduction of about 84.7%[50] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,002[10] - The top shareholder, Xinjiang Tianshan Building Materials Group Co., Ltd., held 30.21% of the shares[10] - The company did not engage in any repurchase transactions during the reporting period[11] Expenses - The company's financial expenses increased by 75.17% to ¥1,800,000 due to higher loan interest during the reporting period[15] - The company experienced a 37% increase in credit impairment losses, attributed to a decrease in receivables[15] - Total operating costs for Q1 2020 were ¥47,467,433.57, down from ¥51,436,190.00 in Q1 2019, reflecting a cost reduction strategy[41] - Research and development expenses for Q1 2020 were ¥1,304,403.04, down from ¥2,090,767.05 in Q1 2019, suggesting a potential shift in focus or budget constraints[41] - The company incurred financial expenses of CNY 6,994,343.33 in Q1 2020, a decrease from CNY 9,899,530.38 in the same period last year, reflecting a reduction of approximately 29.5%[44] - Research and development expenses for Q1 2020 were CNY 138,537.84, down from CNY 188,424.41 in Q1 2019, indicating a decrease of about 26.5%[44] Other Information - The company has not yet audited its Q1 2020 report, indicating that the figures are subject to change[60] - The company's retained earnings as of Q1 2020 were reported at ¥181,843,630.83, reflecting the accumulated profits not distributed to shareholders[57] - The company's total cash outflows from investment activities were ¥4,700,000.00, resulting in a net cash flow from investment activities of -¥63,800.00[53] - The company's total equity attributable to shareholders was ¥850,415,473.22, with minority interests amounting to ¥165,190,275.81[57]