新朋股份(002328) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥626,332,004.04, a decrease of 24.53% compared to the same period last year[8] - The net profit attributable to shareholders was ¥16,246,590.58, down 23.45% year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥10,274,947.27, a decrease of 17.19% compared to the previous year[8] - Operating income decreased by 65.53% compared to the same period last year, mainly due to a reduction in government subsidies received[17] - Net profit for Q1 2020 was CNY 24,738,880.36, compared to CNY 35,708,803.25 in the same period last year, representing a decline of approximately 30.7%[41] - The company's operating revenue for the current period is CNY 16,774,636.41, a decrease from CNY 17,042,690.06 in the previous period[44] - The net profit for the current period is CNY 12,217,357.86, compared to CNY 4,816,630.92 in the previous period, representing a significant increase[45] Cash Flow - The net cash flow from operating activities was ¥80,962,923.46, reflecting a decline of 34.96% from the same period last year[8] - Net cash flow from operating activities decreased by 34.96% year-on-year, mainly due to a decline in sales during the reporting period[17] - The net cash flow from operating activities is CNY 80,962,923.46, a decrease from CNY 124,472,454.70 in the previous period[49] - Net cash flow from financing activities increased by 6,853.42% year-on-year, mainly due to new borrowings of 19.8 million from subsidiaries during the reporting period[17] - The net cash flow from investment activities was negative at -$56,017,686.84, worsening from -$2,696,163.38 in the prior period[53] - The net increase in cash and cash equivalents for the period was -$27,570,707.70, contrasting with a positive increase of $3,424,870.37 in the previous period[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,141,092,551.55, an increase of 3.64% from the end of the previous year[8] - Total current assets as of March 31, 2020, amounted to 1,903,373,382.48 yuan, an increase from 1,725,015,486.22 yuan as of December 31, 2019[31] - Total assets as of March 31, 2020, reached 4,141,092,551.55 yuan, compared to 3,995,697,769.47 yuan at the end of 2019[32] - Total liabilities as of March 31, 2020, were 1,119,827,945.59 yuan, up from 999,405,983.66 yuan at the end of 2019[33] - The company's total liabilities decreased to CNY 18,570,136.52 from CNY 27,972,371.60 in the previous period[37] Equity and Investments - The company's weighted average return on equity was 0.63%, down from 0.85% in the previous year[8] - Long-term equity investments increased by 271.35% compared to the beginning of the year, attributed to profits from subsidiaries accounted for using the equity method[16] - The equity attributable to shareholders of the parent company increased to CNY 2,352,104,004.26 from CNY 2,339,886,646.40[37] - The company reported an investment income of CNY 13,122,023.32 for the current period, significantly higher than CNY 4,248,166.21 in the previous period[44] Cash and Cash Equivalents - Cash and cash equivalents decreased by 57.24% compared to the beginning of the year due to investments in principal-protected bank financial products[16] - Cash and cash equivalents at the end of the period amount to CNY 193,184,192.84, down from CNY 297,905,297.20 at the end of the previous period[50] - The ending balance of cash and cash equivalents decreased to $18,692,832.68 from $44,529,127.06, reflecting a decline of approximately 58%[53] Operating Costs and Expenses - Operating expenses increased by 58.04% year-on-year, primarily due to losses from scrapped equipment during the reporting period[17] - The company incurred operating costs of CNY 9,116,932.19, an increase from CNY 8,271,071.03 in the previous period[44] - The company reported a decrease in research and development expenses to CNY 11,212,237.40 from CNY 9,671,476.98, reflecting an increase of about 16%[40] Other Information - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] - The company did not undergo an audit for the first quarter report, which remains unaudited[55] - The company did not apply new revenue and leasing standards for the current reporting period[54]