山东墨龙(002490) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥526,079,581.62, a decrease of 52.88% compared to ¥1,116,519,044.75 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥74,046,605.73, representing a decline of 1,096.09% from a profit of ¥7,433,709.06 in the previous year[9] - The basic earnings per share were -¥0.0928, a decline of 1,097.85% from ¥0.0093 in the same period last year[9] - The company reported a net loss of CNY 78,634,232.01 for Q1 2020, compared to a profit of CNY 5,489,507.44 in Q1 2019[48] - The total comprehensive income for Q1 2020 was a loss of approximately ¥80.35 million, compared to a gain of ¥5.48 million in the same quarter last year[49] Cash Flow - The net cash flow from operating activities was negative at ¥121,768,899.10, a decrease of 175.60% compared to ¥161,071,277.26 in the same period last year[9] - Cash inflow from operating activities totaled ¥560,434,190.12, down 44.9% from ¥1,017,596,917.43 in the same period last year[57] - The cash flow from operating activities showed a net outflow of approximately ¥121.77 million, a stark contrast to a net inflow of ¥161.07 million in Q1 2019[55] - The company reported a net cash flow from financing activities of -¥243,049,924.33, worsening from -¥105,768,521.00 in the previous period[59] - Cash inflow from financing activities was ¥762,551,500.00, an increase of 40.7% from ¥541,961,000.00 in the previous period[59] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,564,065,751.77, down 2.99% from ¥5,735,752,344.59 at the end of the previous year[9] - Total liabilities decreased to CNY 3,855,451,633.63 from CNY 3,946,792,835.99, a decline of 2.3%[41] - The net assets attributable to shareholders decreased by 4.25% to ¥1,673,222,019.62 from ¥1,747,518,970.85 at the end of the previous year[9] - Total equity attributable to shareholders decreased to CNY 1,673,222,019.62 from CNY 1,747,518,970.85, a decrease of 4.2%[41] Operational Metrics - Operating revenue decreased by 52.88% year-on-year to approximately RMB 526.08 million, primarily due to the impact of COVID-19, which delayed the resumption of work and production in downstream enterprises[22] - Operating costs fell by 53.21% year-on-year to approximately RMB 475.06 million, reflecting the decrease in operating revenue[22] - Management expenses increased by 84.63% year-on-year to approximately RMB 58.13 million, attributed to depreciation and labor costs during the production halt[22] - The company reported a significant decrease in accounts receivable by 50.20% to ¥128,311,569.99 due to a decline in operating revenue[18] Other Income and Expenses - Other income decreased by 99.73% year-on-year to approximately RMB 30.11 thousand, as subsidiaries did not receive government subsidies[22] - Investment income dropped by 100% year-on-year, as there were no bank wealth management activities during the period[22] - Asset disposal income decreased by 71.55% year-on-year to approximately RMB 46.39 thousand, due to fewer asset disposals[22] - The company incurred cash outflows of ¥1,005,601,424.33 in financing activities, an increase of 55.2% compared to ¥647,729,521.00 in the previous year[59] Shareholder Information - The company had a total of 35,509 common shareholders at the end of the reporting period[13] Compliance and Standards - The company did not undergo an audit for the first quarter report[60] - The company has not applied new revenue and leasing standards for the first quarter[60]