蔚蓝锂芯(002245) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥679,893,605.95, a decrease of 17.71% compared to ¥826,218,035.82 in the same period last year[9] - The net profit attributable to shareholders was ¥9,924,284.52, down 74.80% from ¥39,384,012.05 year-on-year[9] - The net profit after deducting non-recurring gains and losses was -¥15,041,236.22, a decline of 183.62% compared to ¥17,987,233.84 in the previous year[9] - Basic earnings per share were ¥0.0101, down 74.81% from ¥0.0401 in the previous year[9] - The company's net profit for the first quarter of 2020 decreased by CNY 69.28 million, a decline of 85.98% compared to the same period last year, mainly due to the impact of the COVID-19 pandemic[25] - The company reported a net profit of CNY 1,061,150,123.35 in retained earnings, up from CNY 1,051,225,838.83, showing growth in profitability[50] - Net profit fell significantly from ¥80,582,711.80 to ¥11,300,353.99, representing a decline of approximately 86.0%[63] - The company reported a loss of ¥684,401.09 in net profit for the current period compared to a profit of ¥4,879,212.95 in the previous period[71] - Total comprehensive income amounted to -684,401.09, compared to 4,879,212.95 in the previous period[74] Cash Flow - The net cash flow from operating activities was ¥155,447,501.11, a decrease of 60.84% from ¥396,910,574.42 in the same period last year[9] - The net cash flow from operating activities decreased to 155,447,501.11 from 396,910,574.42 in the previous period[78] - Cash inflow from operating activities totaled 1,053,486,419.64, an increase from 972,863,230.93 in the previous period[75] - Cash outflow from operating activities was 898,038,918.53, up from 575,952,656.51 in the previous period[78] - Net cash flow from investment activities was a net inflow of CNY 76.72 million, compared to a net outflow of CNY 356.54 million in the same period last year, mainly due to the recovery of financial products this period[25] - Net cash flow from investing activities was 76,718,771.49, a significant improvement from -356,535,605.40 in the previous period[78] - Net cash flow from financing activities was -87,441,679.21, compared to -7,367,619.15 in the previous period[81] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,740,102,419.29, a decrease of 2.46% from ¥6,910,118,340.37 at the end of the previous year[9] - The company's total assets as of March 31, 2020, amounted to CNY 6.74 billion, a decrease from CNY 6.91 billion at the end of 2019[41] - The company's total liabilities as of March 31, 2020, were CNY 3.67 billion, compared to CNY 3.83 billion at the end of 2019[41] - Total liabilities decreased to CNY 2,366,462,619.61 from CNY 2,306,854,813.88, indicating a reduction in financial obligations[57] - The total amount of accounts receivable was CNY 998,641,642.53, indicating strong customer credit management[88] - The company has a total of CNY 942,075,788.51 in other payables, an increase from CNY 854,563,319.94, which may indicate increased operational expenses[57] Shareholder Information - The net assets attributable to shareholders were ¥2,100,906,176.57, an increase of 0.48% from ¥2,090,955,868.00 at the end of the previous year[9] - The total number of ordinary shareholders at the end of the reporting period was 68,163[13] - The largest shareholder, Aoyang Group Co., Ltd., held 17.34% of the shares, totaling 170,116,483 shares[13] - The total equity attributable to shareholders increased to CNY 1,880,718,608.29 from CNY 1,881,376,985.33, reflecting stability in shareholder value[57] - The company has a total of CNY 2,090,955,868.00 in equity attributable to shareholders[90] Operational Efficiency - The company's accounts receivable decreased by CNY 91.86 million, a decline of 32.88% compared to the beginning of the year, primarily due to the collection of a significant number of commercial acceptance bills during the reporting period[25] - The company reported a decrease in operating profit of CNY 80.95 million, a decline of 85.71% compared to the same period last year, primarily due to reduced production volume and fixed costs remaining relatively high[25] - Cash inflow from sales of goods and services was 819,937,669.82, down from 909,891,558.44 in the previous period[75] - Cash received from other operating activities increased significantly to 221,571,637.84 from 47,606,117.84 in the previous period[75] - Cash outflow for purchasing goods and services rose to 609,835,077.19 from 385,560,205.39 in the previous period[78] Expenses - Total operating costs reduced from ¥787,888,729.02 to ¥710,526,268.96, a decrease of about 9.8%[60] - Research and development expenses increased from ¥27,288,507.20 to ¥29,101,006.21, an increase of about 6.7%[60] - Financial expenses rose from ¥19,243,935.29 to ¥22,824,649.21, an increase of approximately 18.0%[60] - Other income decreased from ¥47,041,919.02 to ¥36,819,342.58, a decline of about 21.5%[60] - Investment income increased from ¥4,840,431.35 to ¥10,608,393.93, an increase of approximately 119.0%[68] Accounting Changes - The company adopted the new revenue recognition standard starting January 1, 2020, which does not affect the financial statements for the year of initial application[98] - The first quarter report was not audited[98]