亚太药业(002370) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥148,591,017.78, a decrease of 59.42% compared to ¥366,129,207.79 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥24,807,438.24, representing a decline of 143.68% from a profit of ¥56,792,536.07 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥26,999,186.61, down 152.43% from ¥51,490,949.03 in the prior year[7] - Operating revenue decreased by 59.42% year-on-year, primarily due to the exclusion of Shanghai New Peak and its subsidiaries from the consolidated financial statements and a decrease in sales revenue affected by the pandemic[15] - Net profit decreased by 143.75% year-on-year, mainly due to a decrease in operating revenue and an increase in period expenses[15] - The operating profit for the first quarter was a loss of CNY 24,807,718.24, compared to a profit of CNY 71,379,842.53 in the same period last year[42] - The net profit for the first quarter was a loss of CNY 24,807,438.24, compared to a net profit of CNY 56,701,103.04 in the previous year[42] - The basic and diluted earnings per share for the first quarter were both CNY -0.05, compared to CNY 0.11 in the same period last year[43] Cash Flow - The net cash flow from operating activities increased by 26.83% to ¥4,806,047.79, compared to ¥3,789,444.10 in the same period last year[7] - In Q1 2020, the net cash flow from operating activities was 4,806,047.79 CNY, compared to 3,789,444.10 CNY in the previous period, indicating a positive trend[50] - Total cash outflow from operating activities amounted to 88,218,222.76 CNY, while cash inflow was 93,024,270.55 CNY, resulting in a net cash flow of -4,806,047.79 CNY[50] - The company reported a net cash flow from investing activities of -9,941,738.11 CNY, a significant decrease from -145,504,348.17 CNY in the previous period[50] - Cash flow from financing activities showed a net increase of 156,833,238.74 CNY, primarily due to cash received from borrowings of 173,000,000.00 CNY[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,262,774,705.80, a slight decrease of 0.25% from ¥2,268,340,003.91 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 3.89% to ¥608,430,557.97 from ¥633,059,767.95 at the end of the previous year[7] - Total liabilities amounted to CNY 1,123,527,779.21, compared to CNY 1,106,637,823.85 in the prior period, indicating an increase in financial obligations[38] - Non-current liabilities reached CNY 1,034,837,439.98, up from CNY 1,022,181,681.65, reflecting a rise in long-term financial commitments[38] - The total equity attributable to shareholders decreased to CNY 684,443,162.41 from CNY 695,303,953.46, indicating a decline in shareholder value[38] Expenses - Sales expenses increased by 129.23% year-on-year, primarily due to an increase in marketing service fees[15] - Financial expenses increased by 221.90% year-on-year, mainly due to an increase in accrued interest on convertible bonds[15] - The total operating costs for the first quarter were CNY 173,623,098.71, significantly higher than CNY 295,035,374.17 in the previous period[41] - Research and development expenses for the first quarter were CNY 9,814,397.12, down from CNY 12,055,534.67 in the previous year[41] Non-Recurring Items - The company reported non-recurring gains totaling ¥2,191,748.37 during the reporting period[8] - The company reported a fair value change gain of CNY 155,794.80 in the first quarter, compared to a gain of CNY 584,230.50 in the previous year[46] - The company experienced a credit impairment loss of CNY -1,967,105.68 in the first quarter, compared to a loss of CNY -7,354,602.63 in the previous year[41] - Credit impairment losses decreased by 73.25% year-on-year, mainly due to a reduction in accounts receivable balance resulting from the exclusion of Shanghai New Peak and its subsidiaries from the consolidated financial statements[15] Other Financial Information - The company has not undergone an audit for the first quarter report[62] - The report indicates the implementation of new revenue and leasing standards starting in 2020, but does not apply to prior comparative data[61] - The company's chairman is Chen Yaogen, who presented the report on April 29, 2020[63]