合兴包装(002228) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,930,971,997.39, a decrease of 32.87% compared to ¥2,876,414,886.99 in the same period last year[7] - The net profit attributable to shareholders was ¥36,781,438.73, down 46.17% from ¥68,334,848.00 year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,173,636.57, a decline of 83.91% compared to ¥63,248,865.87 in the previous year[7] - Operating revenue decreased by 32.87% year-on-year, mainly due to reduced income during the reporting period caused by the pandemic[21] - Operating costs decreased by 32.58% year-on-year, corresponding to the decrease in revenue due to the pandemic[21] - Net profit attributable to the parent company decreased by 46.17% year-on-year, mainly due to reduced income during the reporting period caused by the pandemic[22] - The company's operating revenue for the first quarter was ¥866,129,753.53, a decrease of 36.3% compared to ¥1,359,275,916.82 in the same period last year[42] - The net profit for the first quarter was ¥1,660,123.57, down 73.5% from ¥6,286,357.48 in the previous year[43] - The total comprehensive income attributable to the parent company was ¥34,836,768.11, a decline of 47.5% from ¥66,417,654.62[43] Cash Flow - The net cash flow from operating activities increased by 59.47% to ¥213,466,302.78 from ¥133,864,046.70 in the same period last year[7] - Net cash flow from operating activities increased by 59.47% year-on-year, mainly due to reduced tax and salary payments during the reporting period impacted by the pandemic[23] - The cash flow from operating activities generated a net amount of ¥213,466,302.78, an increase of 59.5% from ¥133,864,046.70 in the previous year[48] - The total cash inflow from operating activities was ¥2,101,747,358.89, compared to ¥2,475,370,849.02 in the same period last year, indicating a decrease in cash inflow[47] - The net cash flow from financing activities increased by 152.55% year-on-year, primarily due to borrowings not yet due for repayment during the reporting period[24] - The net cash flow from financing activities was ¥33,240,863.96, a recovery from a negative cash flow of -¥63,256,528.23 in the previous year[48] - The net cash flow from operating activities for the current period is ¥207,248,952.18, a significant increase from ¥53,761,188.46 in the previous period, representing a growth of approximately 285%[50] - Total cash inflow from operating activities decreased to ¥1,319,372,530.69 from ¥1,425,758,042.42, a decline of about 7.4%[50] - Cash outflow from operating activities also decreased to ¥1,112,123,578.51 from ¥1,371,996,853.96, showing a reduction of approximately 19%[50] - The net cash flow from investing activities is negative at -¥1,054,080.22, compared to a positive cash flow of ¥6,038,183.03 in the previous period[52] - Cash inflow from financing activities decreased to ¥220,000,000.00 from ¥453,000,000.00, a decline of about 51.5%[52] - The net cash flow from financing activities is -¥94,790,706.15, worsening from -¥48,523,305.49 in the previous period[52] - The ending balance of cash and cash equivalents is ¥261,060,606.88, down from ¥280,597,881.44 in the previous period[52] - The company received ¥5,200,000.00 in investment income, down from ¥6,000,000.00 in the previous period, reflecting a decrease of approximately 13.3%[50] - The cash paid for purchasing goods and services decreased to ¥816,905,302.27 from ¥1,037,522,776.62, a reduction of about 21.2%[50] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,303,586,668.80, a decrease of 3.20% from ¥6,512,305,837.19 at the end of the previous year[7] - The net assets attributable to shareholders increased by 1.37% to ¥3,071,531,524.52 from ¥3,029,964,985.03 at the end of the previous year[7] - The weighted average return on equity was 1.21%, down 1.26% from 2.47% in the previous year[7] - The company's total assets as of March 31, 2020, amounted to CNY 5,937,807,855.83, slightly down from CNY 5,946,079,593.76 at the end of 2019[36] - The total liabilities decreased to CNY 3,893,802,208.97 from CNY 3,903,794,045.87 at the end of 2019[36] - The total equity attributable to shareholders of the parent company increased to CNY 3,071,531,524.52 from CNY 3,029,964,985.03, reflecting a growth of 1.4%[35] Research and Development - The company reported a decrease in research and development expenses to CNY 23,410,986.87 from CNY 30,304,911.82, a reduction of 22.8%[38] - Research and development expenses increased to ¥745,953.62, up from ¥514,205.99, reflecting a focus on innovation[42] Other Income and Expenses - Other income increased by 150.58% year-on-year, primarily due to increased government subsidies during the reporting period[22] - The company incurred financial expenses of ¥13,492,657.92, slightly down from ¥14,927,700.45 in the previous year[43] Audit Status - The company has not undergone an audit for the first quarter report[54]