ATC(SZ:002227)2020-04-28 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥39,675,020.93, a decrease of 17.78% compared to ¥48,254,957.24 in the same period last year[8] - The net profit attributable to shareholders was -¥6,078,259.21, representing a decline of 202.62% from -¥2,008,519.62 year-on-year[8] - The basic earnings per share were -¥0.0276, down 203.30% from -¥0.0091 in the same period last year[8] - Operating profit decreased by 121.96% to -¥8,457,767.29, impacted by reduced revenue and unchanged costs due to the pandemic[17] - Net profit decreased by 207.79% to -¥6,082,598.73, reflecting the adverse effects of the pandemic on revenue[17] - The net profit for the current period is a loss of CNY 10,973,130.80, compared to a loss of CNY 6,784,340.84 in the previous period, indicating a worsening performance[44] - The total comprehensive income for the current period is -CNY 10,973,130.80, compared to -CNY 6,784,340.84 in the previous period[45] Cash Flow - The net cash flow from operating activities was -¥13,860,093.16, a significant drop of 186.90% compared to ¥15,949,671.22 in the previous year[8] - Net cash flow from operating activities decreased by 186.90% to -¥13,860,093.16 due to reduced sales collections[18] - The cash and cash equivalents at the end of the period are CNY 26,778,622.37, down from CNY 48,140,904.54 at the end of the previous period[49] - Net cash flow from operating activities was -$18,377,546.09, compared to $6,442,240.55 in the prior period[51] - The net increase in cash and cash equivalents was -$40,890,057.82, compared to -$3,730,730.98 in the previous period[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,260,188,635.61, a decrease of 1.49% from ¥1,279,251,206.01 at the end of the previous year[8] - Current assets decreased to ¥536,764,489.28 from ¥567,523,897.98[30] - Total liabilities decreased to ¥445,623,449.20 from ¥458,438,109.70[32] - The company's total assets as of March 31, 2020, were CNY 1,333,248,506.22, down from CNY 1,351,543,737.10 at the end of 2019[36] - Total liabilities amounted to CNY 466,320,975.07, slightly down from CNY 473,643,075.15 in the previous period[36] Operating Costs - Total operating costs for Q1 2020 were CNY 54,262,608.15, compared to CNY 55,546,801.84 in the previous period[39] - The company incurred a total operating cost of CNY 29,792,315.97, which is higher than CNY 27,114,445.43 in the previous period[43] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,161, with the largest shareholder holding 57.57% of the shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Government Subsidies and Other Income - The company reported government subsidies recognized in the current period amounting to ¥6,621,807.06, with a net impact of ¥4,836,541.14 after tax and minority interests[9] - Other income increased by 177.39% to ¥8,723,631.64 primarily due to the amortization of deferred income[16] Financial Expenses - Financial expenses decreased by 36.49% to ¥436,704.64 as a result of loan repayments and reduced interest expenses[16] - Tax and additional fees decreased by 82.88% to ¥133,161.75 due to reduced VAT and additional taxes[16] Research and Development - Research and development expenses for the current period are CNY 3,650,552.52, a decrease from CNY 4,593,814.15 in the previous period[43]