大洋电机(002249) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,523,660,379.31, a decrease of 26.97% compared to ¥2,086,238,374.30 in the same period last year[8] - Net profit attributable to shareholders was ¥23,319,848.73, a significant increase of 210.21% from a loss of ¥21,159,250.42 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥20,358,299.44, up 177.31% from a loss of ¥26,333,234.19 in the same period last year[8] - Basic earnings per share were ¥0.01, compared to -¥0.01 in the same period last year, representing a 200.00% increase[8] - The company reported a total revenue of 152,366.04 million CNY, a decrease of 26.97% year-on-year[19] - Net profit attributable to the parent company was 2,331.98 million CNY, an increase of 210.21% compared to the same period last year[19] - The total comprehensive income for Q1 2020 was ¥68,511,883.06, compared to ¥77,953,307.73 in Q1 2019, showing a decline of about 12.4%[52] - The total operating costs for Q1 2020 were ¥1,508,221,969.68, down from ¥2,099,402,838.20 in the previous year, reflecting a reduction of approximately 28%[54] - The company reported a gross profit margin of approximately 12.9% for Q1 2020, compared to a negative margin in the same quarter last year[54] Cash Flow and Liquidity - The net cash flow from operating activities was -¥116,438,995.78, a decrease of 135.00% compared to ¥332,657,790.47 in the previous year[8] - Cash flow from operating activities showed a net outflow of 11,643.90 million CNY, a decrease of 135.00% year-on-year, primarily due to reduced sales collections impacted by the pandemic[24] - The company's cash and cash equivalents decreased by 38,940.53 million CNY, a decline of 33.98% from the beginning of the period[17] - The company's cash and cash equivalents decreased from CNY 635,310,966.38 to CNY 357,853,908.21, a drop of approximately 43.5%[45] - The cash outflow from operating activities totaled approximately ¥2.15 billion, slightly lower than ¥2.26 billion in the previous period[60] - The net cash flow from investing activities was approximately -¥81.72 million, an improvement from -¥164.06 million in the previous period[60] - The net cash flow from financing activities was approximately -¥208.67 million, compared to -¥188.64 million in the previous period[61] Assets and Liabilities - The total assets at the end of the reporting period were ¥12,691,091,954.60, a decrease of 7.88% from the previous year[16] - The total liabilities decreased by 17.33% to ¥538,362,480.00 compared to the beginning of the period[16] - The total equity attributable to shareholders increased by 1.11% to ¥7,187,668,566.54 compared to the previous year[8] - The total liabilities decreased from CNY 6,511,929,278.56 to CNY 5,383,624,802.51, representing a reduction of approximately 17.3%[44] - The total assets decreased from CNY 13,777,010,226.28 to CNY 12,691,091,954.60, a decline of about 7.9%[44] - The company's long-term equity investments remained stable at CNY 130,461,047.65 compared to CNY 130,794,933.59 in the previous period[42] - The total non-current assets amounted to CNY 6,218,312,953.71, slightly down from CNY 6,245,126,332.58[42] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 85,117, with the top ten shareholders holding a combined 44.10% of the shares[10] - The total equity attributable to shareholders increased from CNY 7,108,716,074.80 to CNY 7,187,668,566.54, an increase of approximately 1.1%[44] Government Support and Subsidies - The company received government subsidies amounting to ¥8,387,381.66 during the reporting period[8] Operational Efficiency - The company experienced a significant reduction in financial expenses, down by 95.29% to 233.84 million CNY, due to reduced bank borrowings[20] - The company’s gross profit margin improved by 2.95 percentage points year-on-year due to enhanced cost control and production efficiency[20] - Research and development expenses decreased to ¥80,494,195.25 from ¥98,197,456.09, a reduction of about 18.1% year-over-year[54] - The company experienced a significant reduction in financial expenses, which fell to ¥2,338,391.38 from ¥49,679,407.44, a decrease of approximately 95.3%[54] Other Financial Metrics - The company reported no overdue amounts in its entrusted financial management, with a total amount of CNY 10,000,000 and an unexpired balance of CNY 9,200,000[32] - The company has no derivative investments or violations regarding external guarantees during the reporting period[33][34] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[35]