中恒电气(002364) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥66,038,660.68, a decrease of 66.79% compared to ¥198,832,473.51 in the same period last year[7] - The net profit attributable to shareholders was -¥24,250,847.80, representing a decline of 312.62% from ¥11,405,883.40 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥29,118,783.27, down 458.38% from ¥8,125,091.77 year-on-year[7] - The basic earnings per share for the reporting period was -¥0.04, a decline of 300.00% from ¥0.02 in the same period last year[7] - The diluted earnings per share for the reporting period was also -¥0.04, reflecting a 300.00% decrease from ¥0.02 year-on-year[7] - The weighted average return on equity was -1.14%, down 1.67% from 0.53% in the previous year[7] - Net profit for Q1 2020 was a loss of CNY 26,004,956.88, compared to a profit of CNY 10,013,509.32 in the same period last year[38] - Basic and diluted earnings per share for Q1 2020 were both CNY -0.04, compared to CNY 0.02 in the previous year[39] - The total comprehensive income for the first quarter was -3,869,928.10 CNY, compared to 4,962,260.88 CNY in the previous period[43] Cash Flow - The net cash flow from operating activities was -¥64,590,364.74, a decrease of 21.16% compared to -¥53,311,316.14 in the same period last year[7] - Cash inflow from operating activities was 241,493,631.86 CNY, slightly down from 245,239,537.44 CNY in the previous period[45] - Cash outflow from operating activities totaled 306,083,996.60 CNY, compared to 298,550,853.58 CNY in the previous period, resulting in a net cash flow from operating activities of -64,590,364.74 CNY[46] - The net cash flow from investing activities was 96,502,373.73 CNY, a significant improvement from -124,103,884.76 CNY in the previous period[46] - Net cash flow from financing activities increased by 249.61% year-on-year, primarily due to the addition of short-term loans of 150 million[15] - Cash inflow from financing activities was 190,000,000.00 CNY, while cash outflow was 40,391,344.44 CNY, leading to a net cash flow from financing activities of 149,608,655.56 CNY[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,752,954,002.21, an increase of 4.01% from ¥2,646,920,909.99 at the end of the previous year[7] - Current assets decreased slightly to ¥2,020,727,914.04 from ¥2,048,675,642.16, a decline of about 1.4%[28] - Non-current assets increased to ¥732,226,088.17 from ¥598,245,267.83, marking an increase of approximately 22.4%[29] - Total liabilities rose to ¥620,062,112.80 from ¥488,023,665.50, an increase of about 27%[30] - The company's equity attributable to shareholders decreased to ¥2,120,747,496.43 from ¥2,144,998,562.60, a decline of about 1.1%[31] - The company reported a total current liability of ¥615,788,944.04, up from ¥483,564,476.25, indicating an increase of approximately 27.4%[30] Shareholder Information - The company reported a total of 37,392 common shareholders at the end of the reporting period[10] Operational Metrics - Operating revenue decreased by 66.79% year-on-year, mainly impacted by the pandemic, which affected the resumption of work and business operations[15] - Operating costs decreased by 62.34% year-on-year, in line with the decline in operating revenue[15] - Financial expenses increased by 124.29% year-on-year, primarily due to increased bill discounting costs[15] - Other income increased by 55.39% year-on-year, mainly due to government subsidies received[15] - Inventory increased by 47.35% year-to-date, mainly due to the stocking of materials and products[15] - Long-term equity investments decreased by 44.30% year-to-date, primarily due to the transfer of equity in joint ventures[15] - The company experienced a financial loss from investments amounting to CNY -1,023,784.46, compared to a loss of CNY -1,224,779.52 in the previous year[37] Employee Expenses - The company paid 90,137,164.02 CNY to employees, which is an increase from 71,353,791.53 CNY in the previous period[46] Research and Development - Research and development expenses for Q1 2020 were CNY 21,087,530.28, compared to CNY 21,306,453.50 in the previous period[37] Audit Status - The company has not undergone an audit for the first quarter report[52]