ST雪发(002485) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥278,610,616.49, a decrease of 67.05% compared to ¥845,592,474.84 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥19,134,346.72, representing a decline of 1,117.25% from a profit of ¥1,880,987.97 in the previous year[7]. - Basic and diluted earnings per share were both -¥0.0352, a decrease of 1,105.71% from ¥0.0035 in the previous year[7]. - Revenue decreased by 67.05% compared to the same period last year, while operating costs decreased by 68.59%[16]. - Net profit attributable to shareholders decreased by 1,186.85% year-on-year, primarily due to the impact of the pandemic[16]. - The company's gross profit margin decreased significantly, with gross profit for Q1 2020 at ¥22,559,695.80, compared to ¥227,113,544.60 in Q1 2019[47]. - The total profit for Q1 2020 was a loss of ¥29,885,367.63, compared to a profit of ¥7,615,603.92 in Q1 2019[44]. Cash Flow - The net cash flow from operating activities was -¥139,401,532.48, worsening by 464.13% compared to -¥24,711,102.69 in the same period last year[7]. - Cash inflow from financing activities totaled 254,527,000.00 CNY, significantly higher than 55,576,364.00 CNY in the previous period, indicating increased financing efforts[51]. - The net cash flow from financing activities was 93,095,996.08 CNY, compared to 45,570,034.00 CNY in the previous period, reflecting a strong financing position[52]. - The company's cash and cash equivalents decreased to CNY 18,248,072.87 from CNY 80,311,959.69, a decline of approximately 77.3%[38]. - The company's operating cash inflow was 372,900,662.99 CNY, a significant increase from 119,325,696.11 CNY in the previous period, indicating improved sales performance[54]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,738,413,445.64, a slight decrease of 0.34% from ¥3,751,250,255.63 at the end of the previous year[7]. - The total liabilities increased to CNY 1,342,413,564.78 from CNY 1,332,776,072.31, reflecting a rise of about 0.5%[36]. - The total owner's equity as of March 31, 2020, was CNY 2,395,999,880.86, down from CNY 2,418,474,183.32, indicating a decrease of about 0.9%[37]. - The company's total liabilities amounted to 1,332,776,072.31 CNY, slightly down from 1,341,177,960.52 CNY in the previous period, indicating a stable liability management[58]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,158[10]. - The largest shareholder, Guangzhou Xuesong Cultural Tourism Investment Co., Ltd., held 63.62% of the shares, totaling 346,103,845 shares[10]. Operational Adjustments - The company plans to continue optimizing its marketing network by selling or leasing up to 28 properties with a total book value of no more than 850 million RMB[20]. - The company has rented out 26 properties, generating revenue of 1.8021 million RMB during the reporting period[20]. - The company has adjusted its accounting policies in accordance with new regulations, which do not materially affect its financial indicators[22]. - The company has implemented new revenue and leasing standards starting in 2020, with no retrospective adjustments required[62].