益生股份(002458) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥551,952,200.71, a decrease of 15.28% compared to ¥651,486,939.01 in the same period last year[7] - Net profit attributable to shareholders was ¥195,736,402.49, down 48.75% from ¥381,941,911.73 year-on-year[7] - The total profit for Q1 2020 was ¥197,934,860.84, a decrease of 48.09% year-on-year, primarily due to the impact of the pandemic leading to a decline in product prices and gross profit[22] - Net profit for Q1 2020 was ¥197,145,344.59, down 48.29% year-on-year, attributed to the same pandemic-related factors affecting product pricing[27] - Operating profit fell to ¥204,193,139.11 compared to ¥381,323,085.06 in the previous period, representing a decrease of about 46.5%[51] - The total comprehensive income for the period was ¥197,145,344.59, down from ¥381,276,197.99, a decline of about 48.3%[53] - The total profit for the period was 149,572,780.65, a decrease from 303,741,756.18 in the previous period, reflecting a decline of approximately 50.8%[56] - Operating profit for the current period was 155,515,140.40, down from 303,739,137.43, indicating a decrease of about 48.9%[56] Cash Flow and Liquidity - The net cash flow from operating activities was ¥109,214,350.24, representing a decline of 63.75% compared to ¥301,278,074.55 in the previous year[7] - Cash received from operating activities in Q1 2020 was ¥6,942,286.42, an increase of 168.97% year-on-year, primarily due to higher interest income[30] - Cash flow from operating activities generated a net amount of 109,214,350.24, compared to 301,278,074.55 in the previous period, representing a decline of approximately 63.7%[61] - The company reported cash inflow from investment activities of 939,808,796.34, significantly higher than 190,123.50 in the previous period[61] - The net cash flow from financing activities was -578,804,343.41, compared to -62,295,832.09 in the previous period, indicating a worsening of approximately 828.5%[63] - The company paid 577,274,541.00 in dividends and interest, compared to 4,315,832.09 in the previous period, reflecting a significant increase[63] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,585,037,081.47, a decrease of 13.42% from ¥4,140,859,202.23 at the end of the previous year[7] - The company's net assets attributable to shareholders were ¥3,231,388,696.21, down 10.26% from ¥3,600,728,050.97 at the end of the previous year[7] - Total liabilities decreased to ¥345,705,925.03 from ¥533,597,633.13, reflecting a decline of about 35.2%[40] - The company's equity attributable to shareholders decreased to ¥3,231,388,696.21 from ¥3,600,728,050.97, a decrease of approximately 10.2%[42] - Current assets totaled ¥1,173,761,262.78, down from ¥1,710,317,008.91, indicating a decrease of about 31.3%[36] - The balance of accounts payable as of March 31, 2020, was ¥117,014,257.21, a decrease of 52.39% compared to the end of 2019, due to payments made for the purchase of remaining debts and equity[7] Research and Development - Research and development expenses for Q1 2020 amounted to ¥5,866,967.21, an increase of 33.45% year-on-year, reflecting continued investment in research[17] - Research and development expenses increased to ¥5,866,967.21 from ¥4,396,236.04, reflecting a growth of about 33.5% year-over-year[49] Other Income and Gains - The company reported a non-recurring gain of ¥28,382,714.15 during the period[7] - The company reported a significant increase in other income for Q1 2020, totaling ¥1,418,772.82, which is up 304.67% year-on-year, mainly due to increased government subsidies[19] Shareholder Activities - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[16] - The company’s capital reserve as of March 31, 2020, was ¥480,211,463.79, a decrease of 45.21% year-on-year, mainly due to the transfer of capital reserve to increase share capital[14] Changes in Accounting Standards - The company implemented new revenue and leasing standards starting January 1, 2020, affecting the financial statements[68] - The company adopted the new revenue recognition standard starting January 1, 2020, adjusting pre-receipts to contract liabilities[76] Company Leadership - The chairman of the company is Cao Jisheng, as of April 30, 2020[80]