*ST太安(002433) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥747,543,087.58, a decrease of 7.06% compared to ¥804,364,222.10 in the same period last year[8] - The net profit attributable to shareholders was ¥15,649,626.85, down 56.13% from ¥35,673,701.72 year-on-year[8] - The net profit after deducting non-recurring gains and losses was -¥13,530,830.22, representing a decline of 141.03% compared to ¥32,980,440.06 in the previous year[8] - Basic earnings per share were ¥0.02, down 60.00% from ¥0.05 in the previous year[8] - Net profit decreased by ¥22,921,353.59, a decline of 56.04%, mainly due to increased operating expenses and decreased sales of self-made and health industry products[18] - Operating profit decreased by ¥31,085,008.50, a decline of 57.80%, primarily due to increased period expenses and decreased sales[17] - Total comprehensive income decreased by ¥20,353,103.71, a decline of 51.55%, primarily due to increased period expenses and decreased net profit[20] - The company reported a total comprehensive income of CNY 19,128,927.61, down 51.61% from CNY 39,482,031.32 in the same period last year[48] Cash Flow and Liquidity - The net cash flow from operating activities was -¥187,228,455.64, a significant decrease of 2,664.33% from ¥7,301,257.28 in the same period last year[8] - Cash and cash equivalents increased by ¥89,125,470.05, a growth of 32.59% compared to the end of the previous year, mainly due to received payments and bank financing[16] - Cash flow from operating activities decreased by ¥196,529,712.92, a decline of 2664.33%, mainly due to increased procurement payments and period expenses[22] - Cash and cash equivalents net increase was ¥249,486,829.71, a growth of 156.26%, mainly due to reduced investment and financing expenditures[24] - The company generated CNY 631,126,467.94 from financing activities, an increase of 36.5% compared to CNY 462,500,000.00 in the previous year[56] - The total cash and cash equivalents at the end of the period decreased to 51,249,102.04 CNY from 74,390,130.47 CNY at the beginning of the period, reflecting a net decrease of 23,141,028.43 CNY[59] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,067,501,729.26, an increase of 2.98% from ¥8,804,983,315.85 at the end of the previous year[8] - The total liabilities of the company were CNY 3,651,337,644.45, compared to CNY 3,407,956,278.33, marking an increase of around 7.13%[39][40] - The company's inventory rose to CNY 2,992,206,758.79 from CNY 2,813,320,742.24, which is an increase of about 6.35%[36][38] - The total liabilities decreased to CNY 4,439,660,504.56 from CNY 4,688,959,194.78, a reduction of 5.31%[46] - The company's total assets decreased to CNY 8,883,806,696.63 from CNY 9,107,664,760.08, a decline of 2.46%[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 53,678[12] - The largest shareholder, Tai'an Tang Group Co., Ltd., held 24.93% of the shares, amounting to 191,190,110 shares[12] - The net assets attributable to shareholders were ¥5,247,180,707.98, a slight increase of 0.32% from ¥5,230,371,954.78 at the end of the previous year[8] - The total equity attributable to shareholders increased to CNY 5,247,180,707.98 from CNY 5,230,371,954.78, showing a slight growth of approximately 0.32%[40] Expenses - Total operating costs increased to CNY 781,557,465.14, up 3.66% from CNY 752,705,936.69 year-on-year[46] - Research and development expenses rose to CNY 4,208,459.10, an increase of 10.91% compared to CNY 3,794,359.46 in the previous year[46] - Sales expenses increased significantly to CNY 115,917,098.36, up 39.87% from CNY 82,897,609.39 year-on-year[46] - The company incurred a total operating expense of CNY 1,137,361,423.20, which is an increase from CNY 960,301,095.33 in the previous year, reflecting a rise of 18.4%[55] Non-Recurring Items - The company reported non-recurring gains of ¥29,180,457.07, primarily from the transfer of partial equity in a subsidiary[9] - The company did not report any non-operational fund occupation by controlling shareholders during the reporting period[32] Other Information - The company is adapting to new revenue and leasing standards, which may impact future financial reporting and performance metrics[60] - The first quarter report for 2020 was not audited[67] - The company has implemented new revenue and lease standards starting from 2020, with retrospective adjustments to prior comparative data[66]