康盛股份(002418) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥355,549,735.40, a decrease of 25.48% compared to ¥477,122,521.61 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥29,748,469.97, an improvement of 44.50% from a loss of ¥53,598,197.32 year-on-year[8] - The net cash flow from operating activities decreased by 58.81% to ¥50,201,875.24, down from ¥121,886,959.06 in the previous year[8] - The basic and diluted earnings per share improved to -¥0.026 from -¥0.047, representing an increase of 44.68%[8] - The weighted average return on equity was -4.98%, slightly down from -4.79% in the previous year[8] - The company expects a net loss of between ¥-45,000,000 and ¥-30,000,000 for the first half of 2020, compared to a net loss of ¥-96,394,400 in the same period of 2019[20] - Total operating revenue for Q1 2020 was CNY 355,549,735.40, a decrease of 25.5% compared to CNY 477,122,521.61 in the same period last year[40] - Total operating revenue for Q1 2020 was ¥252,335,703.21, a decrease of 33.6% compared to ¥380,148,979.69 in the same period last year[46] - Net profit for Q1 2020 was a loss of ¥30,002,890.09, compared to a loss of ¥54,709,872.51 in Q1 2019, showing an improvement of 45.0%[42] - Operating profit for Q1 2020 was a loss of ¥29,757,111.91, an improvement from a loss of ¥51,585,116.24 in Q1 2019[41] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,509,280,912.89, reflecting a slight increase of 0.33% from ¥3,497,573,620.21 at the end of the previous year[8] - The total liabilities increased to CNY 2,936,607,033.98 from CNY 2,895,644,720.87, indicating a rise of 1.8%[33] - Current liabilities totaled CNY 2,885,223,664.82, compared to CNY 2,862,392,286.97, reflecting a growth of 0.8%[33] - Non-current assets reached CNY 1,770,661,379.70, up from CNY 1,743,199,220.31, marking an increase of 1.6%[34] - The total equity attributable to shareholders decreased to CNY 582,866,757.14 from CNY 611,867,357.45, a decline of 4.7%[34] Cash Flow - Cash and cash equivalents increased by 79.52% to ¥157,998,405.73 due to a rise in net cash flow[16] - Cash inflow from operating activities totaled ¥283,907,547.30, down 36.5% from ¥446,703,563.58 year-on-year[48] - The net cash flow from investment activities was ¥17,372,397.78, compared to a negative cash flow of ¥5,765,669.81 in the previous year[50] - Cash inflow from financing activities was ¥478,746,518.96, significantly higher than ¥176,613,621.61 in the same quarter last year[50] - The ending balance of cash and cash equivalents increased to ¥147,168,405.73 from ¥32,893,383.36 in the previous year[50] - Total cash outflow from operating activities was ¥233,705,672.06, down 28.1% from ¥324,816,604.52 in the previous year[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,514[12] - The top shareholder, Chongqing Tuoyang Investment Co., Ltd., held 15.75% of the shares, amounting to 179,000,000 shares, with 135,000,000 shares pledged[12] Investments and Expenses - R&D expenses decreased by 40.18% to ¥4,887,426.75 due to reduced investment in research and development[16] - Financial expenses for Q1 2020 were ¥16,514,789.81, a reduction from ¥30,635,359.21, indicating a decrease of 46.1%[41] - Investment income surged by 114.58% to ¥343,627.66, attributed to enhanced profitability from an associate company[16] - Tax expenses for Q1 2020 were ¥459,620.10, down from ¥1,813,992.48, a decrease of 74.7%[42] - Other income for Q1 2020 was ¥1,995,516.24, compared to ¥3,600,654.99 in Q1 2019, a decline of 44.6%[41] Company Strategy - The company plans to expand its market presence and is currently undergoing restructuring of its subsidiaries[17] - The company has not engaged in any securities investments or entrusted financial management during the reporting period[21][22]