CASTECH(SZ:002222)2020-04-17 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥120,809,015.29, a decrease of 3.47% compared to ¥125,149,664.64 in the same period last year[7] - Net profit attributable to shareholders was ¥32,785,717.53, down 11.46% from ¥37,028,686.56 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥29,060,323.42, a decline of 19.24% compared to ¥35,981,565.16 in the previous year[7] - Basic and diluted earnings per share were both ¥0.0767, a decrease of 11.43% from ¥0.0866[7] - The weighted average return on equity was 3.33%, down 0.80 percentage points from 4.13%[7] - The company reported a net profit margin of approximately 29.0% for the first quarter of 2020, down from 32.0% in the previous quarter[48] - The total profit for the current period is ¥39,326,255.89, compared to ¥44,461,732.81 in the previous period, reflecting a decline of about 11.6%[53] - The total comprehensive income for the current period is ¥33,567,082.08, down from ¥37,938,478.28, reflecting overall financial performance[53] Cash Flow - The net cash flow from operating activities was ¥10,129,051.78, down 19.18% from ¥12,533,454.44 in the same period last year[7] - Operating cash inflow for the current period was 119,362,208.96, compared to 116,808,054.72 in the previous period, representing an increase of approximately 2.2%[60] - Cash outflow from operating activities totaled 109,233,157.18, up from 104,274,600.28, indicating an increase of approximately 4.6%[60] - Cash and cash equivalents net decrease was -12,175,663.67, representing a 222.87% increase in outflows primarily due to equipment procurement payments[19] - Cash flow from financing activities showed a net inflow of 199,939.96, reversing from an outflow of -1,274,077.88 in the previous period[62] - The net increase in cash and cash equivalents was -12,175,663.67, worsening from -3,771,073.49 in the previous period[62] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,096,739,794.57, an increase of 1.42% from ¥1,081,354,532.07 at the end of the previous year[7] - Net assets attributable to shareholders increased by 3.38% to ¥1,001,967,900.54 from ¥969,182,183.01 at the end of the previous year[7] - Total liabilities decreased to CNY 49,488,074.29 from CNY 67,014,199.48, a reduction of 26.2%[47] - Current liabilities decreased to 49,525,903.92, down from 69,024,700.99[35] - Non-current assets totaled 520,102,824.60, an increase from 511,292,762.85 in the previous period[35] Expenses - Total operating costs amounted to CNY 85,735,808.29, an increase of 3.3% from CNY 82,560,461.67 in the previous quarter[48] - Operating costs included CNY 59,157,483.21 in cost of goods sold, up from CNY 53,275,169.87 in the previous quarter, reflecting a 10.5% increase[48] - Research and development expenses increased to ¥10,487,609.25 from ¥10,428,465.63, indicating a focus on innovation[53] - The company's management expenses decreased to ¥13,795,115.52 from ¥14,214,985.08, suggesting improved cost management[53] Government Subsidies - The company received government subsidies amounting to ¥4,118,878.92 during the reporting period[10] - Other income decreased by 32.65% to 967,878.92, primarily due to a reduction in government subsidies received during the period[19] - Non-operating income surged by 50,523.62% to 3,678,590.38, primarily due to an increase in government subsidies recognized as non-operating income[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 49,690[11]