三力士(002224) - 2020 Q1 - 季度财报

Financial Performance - Revenue for Q1 2020 was ¥152,612,385.32, a decrease of 17.78% compared to ¥185,618,048.24 in the same period last year[8] - Net profit attributable to shareholders was ¥19,945,256.39, down 16.52% from ¥23,891,104.19 year-over-year[8] - Net profit excluding non-recurring items was ¥19,438,744.14, reflecting a decline of 20.73% from ¥24,523,579.84 in the previous year[8] - Basic and diluted earnings per share decreased by 25.00% to ¥0.03 from ¥0.04 year-over-year[8] - Net profit for Q1 2020 was CNY 18,728,138.74, down from CNY 23,366,233.53 in the same period last year, representing a decline of approximately 19.8%[41] - Basic and diluted earnings per share were both CNY 0.03, down from CNY 0.04 in the previous period, indicating a decline of 25%[46] Cash Flow - Operating cash flow for the period was negative at -¥19,371,742.49, a significant drop of 542.76% compared to positive cash flow of ¥4,375,175.21 in the same quarter last year[8] - The net cash flow from operating activities dropped by 542.76% to -¥19,371,742.49, significantly impacted by reduced sales due to the pandemic[16] - Cash inflow from operating activities was CNY 86,786,685.07, a decrease of 34.9% from CNY 133,359,498.90 in the previous period[48] - Cash outflow from operating activities totaled CNY 106,158,427.56, down from CNY 128,984,323.69, resulting in a net cash flow from operating activities of -CNY 19,371,742.49[49] - Investment activities generated a net cash outflow of -CNY 48,921,960.36, compared to -CNY 230,920,826.31 in the previous period, showing an improvement[49] - The company reported a net cash flow from financing activities of -CNY 22,179,777.14, compared to -CNY 1,202,036.53 in the previous period, indicating increased cash outflows[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,805,002,830.67, a slight increase of 0.09% from ¥2,802,454,497.04 at the end of the previous year[8] - Total liabilities decreased to CNY 449,978,013.56 from CNY 490,741,473.16, a reduction of approximately 8.3%[33] - The company's equity increased to CNY 2,355,024,817.11 from CNY 2,311,713,023.88, representing a growth of about 1.9%[34] - Total current assets amounted to CNY 1,638,979,646.96 as of December 31, 2019[56] - Total non-current assets reached CNY 1,163,474,850.08, leading to total assets of CNY 2,802,454,497.04[56] - Total current liabilities were CNY 248,086,486.86, while total liabilities amounted to CNY 490,741,473.16[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,906[12] - The largest shareholder, Wu Peisheng, holds 31.54% of the shares, totaling 230,112,000 shares, with 172,584,000 shares pledged[12] Expenses and Costs - Sales expenses rose by 80.42% to ¥5,891,037.52 primarily due to increased costs related to the pandemic[16] - Financial expenses decreased by 133.44% to -¥4,923,862.68 as a result of increased interest income in Q1 2020[16] - The company reported a decrease in research and development expenses, which were CNY 5,802,441.53 compared to CNY 5,932,482.41 in the previous period[40] Investment and Financing - The company repurchased 3,050,000 shares, accounting for 0.42% of total share capital, with a total transaction amount of ¥20,692,605.79[19] - The company’s share repurchase plan was approved with a budget between ¥100 million and ¥200 million, with a maximum price of ¥9.50 per share[17] - Investment income turned negative at -¥2,626,350.00, a decrease of 207.68% attributed to settlements of derivative financial instruments[16] - Investment losses amounted to CNY -2,626,350.00, contrasting with a gain of CNY 2,438,962.11 in the previous year[40] Regulatory and Reporting - The company has implemented new revenue and lease standards effective January 1, 2020, impacting prior period comparative data[60] - The first quarter report for 2020 was not audited[61]