桂林三金(002275) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥328,651,865.72, a decrease of 12.93% compared to ¥377,446,580.85 in the same period last year[9] - Net profit attributable to shareholders was ¥76,791,683.43, down 12.52% from ¥87,777,732.79 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥70,683,852.98, reflecting a decline of 13.38% compared to ¥81,606,641.53 in the previous year[9] - Basic earnings per share were ¥0.1335, down 10.22% from ¥0.1487 year-on-year[9] - Total operating revenue for the current period was ¥328,651,865.72, a decrease of 12.92% compared to ¥377,446,580.85 in the previous period[51] - Net profit for the current period was ¥76,791,683.43, down 12.49% from ¥87,777,732.79 in the previous period[57] - The total profit for the current period was ¥94,508,442.15, down from ¥108,208,405.03, a decline of 12.77%[57] - The net profit for the current period is 87,068,795.09, a decrease of 10.8% compared to 96,852,209.01 from the previous period[64] - Operating profit for the current period is 104,380,597.79, down from 117,210,437.31, reflecting a decline of approximately 11%[64] - Total comprehensive income for the current period is 87,068,795.09, down from 96,852,209.01, representing a decline of 10.8%[67] Cash Flow - The net cash flow from operating activities was ¥165,577,116.28, which is an 8.97% decrease from ¥181,890,021.79 in the same period last year[9] - Cash flow from operating activities is 165,577,116.28, compared to 181,890,021.79 in the previous period, indicating a decrease of about 9%[71] - Cash inflow from operating activities totaled 447,163,981.92, a decrease of 26% from 604,502,775.68 in the previous period[68] - Cash outflow from operating activities is 281,586,865.64, down from 422,612,753.89, showing a reduction of approximately 33%[71] - The company reported a cash and cash equivalents balance of 699,344,529.69 at the end of the period, compared to 1,199,742,825.83 at the end of the previous period, a decrease of about 42%[74] - The company received cash from sales of goods and services amounting to 443,710,336.67, down from 592,759,506.44, reflecting a decline of approximately 25%[68] - The net cash flow from financing activities was negative at ¥75,508,660.92, significantly impacted by large share buybacks in the previous year[21] - The company's cash flow from financing activities generated a net inflow of 75,508,660.92, contrasting with a net outflow of -65,546,723.07 in the previous period[74] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,534,914,467.15, an increase of 3.49% from ¥3,415,617,789.20 at the end of the previous year[9] - As of March 31, 2020, current assets totaled CNY 2,117,763,922.85, an increase of 6.55% from CNY 1,987,080,236.92 on December 31, 2019[35] - Total liabilities amounted to CNY 642,686,117.12, up from CNY 600,181,122.60, marking a 7.05% increase[41] - The company's total current assets were reported at $1.99 billion, with no changes noted from the previous period[82] - The total non-current assets were $1.43 billion, remaining stable compared to the previous reporting period[82] - The total assets of the company stood at $3.42 billion, with total liabilities amounting to $600.18 million, indicating a strong asset base[85] Shareholder Information - Net assets attributable to shareholders increased by 2.73% to ¥2,892,228,350.03 from ¥2,815,436,666.60 at the end of the previous year[9] - The top shareholder, Guilin Sanjin Group Co., Ltd., holds 61.76% of the shares, totaling 364,519,300 shares[12] - The company's equity attributable to shareholders increased to CNY 2,892,228,350.03 from CNY 2,815,436,666.60, a growth of 2.73%[44] - The company's total equity attributable to shareholders was $2.82 billion, reflecting a solid equity position[85] Expenses - Sales expenses decreased by 37.07% to ¥75,594,748.26 due to reduced expenditures impacted by the pandemic[18] - R&D expenses increased by 52.98% to ¥27,893,183.11 due to increased research spending[18] - Total operating costs decreased to ¥235,001,235.26 from ¥269,848,481.53, reflecting a reduction of 12.96%[54] - The company reported a decrease in sales expenses to ¥75,594,748.26 from ¥120,123,081.06, a reduction of 37.1%[54] Government Support - The company received government subsidies amounting to ¥5,177,101.25 during the reporting period[9] Investment Activities - Cash flow from investment activities increased by 132.99% to ¥326,537,401.65 mainly due to increased construction projects[21] - Investment activities resulted in a net cash outflow of -209,692,327.81, compared to -133,935,260.57 in the previous period, indicating increased investment expenditures[72] - The company reported a cash outflow of $445 million related to other investment activities, indicating ongoing investment commitments[78] Other Information - The company did not engage in any repurchase transactions during the reporting period[15] - The company has not undergone an audit for the first quarter report[92] - The company has not applied the new revenue and lease standards retroactively since 2020[89]