兄弟科技(002562) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥458,113,413.25, representing a 46.97% increase compared to ¥311,707,146.99 in the same period last year[9] - Net profit attributable to shareholders was ¥19,849,624.40, a significant turnaround from a loss of ¥25,424,067.35 in the previous year, marking a 178.07% improvement[9] - The net profit after deducting non-recurring gains and losses was ¥19,231,391.57, up 157.88% from a loss of ¥33,227,742.47 in the same period last year[9] - The company's basic earnings per share increased to ¥0.02 from a loss of ¥0.03, reflecting a 175.96% improvement[9] - Operating revenue rose by 46.97% to ¥458,113,413.25, mainly attributed to the inclusion of Brother CISA in the consolidated financial statements[17] - Net profit reached ¥19,849,624.40, a significant turnaround from a net loss of ¥25,424,067.35 in the previous year, driven by increased product margins[17] - The company reported a total comprehensive income of -21,525,124.89 CNY for the quarter, compared to -22,043,764.14 CNY in the same quarter last year[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,556,715,270.27, a 5.73% increase from ¥4,309,940,220.92 at the end of the previous year[9] - The company's total assets increased to CNY 3,621,593,364.76 from CNY 3,607,778,218.95[41] - Total liabilities increased to CNY 2,327,760,551.63 from CNY 1,993,044,394.32, which is an increase of about 16.8%[37] - The company's short-term borrowings rose to CNY 557,824,893.04 from CNY 350,427,513.57, reflecting an increase of approximately 59.3%[36] - Long-term borrowings also increased to CNY 465,780,209.12 from CNY 341,471,393.26, representing a growth of about 36.5%[37] - The total equity attributable to shareholders decreased to CNY 2,228,954,718.64 from CNY 2,316,895,826.60, a decline of approximately 3.8%[38] Cash Flow - The net cash flow from operating activities was negative at -¥68,532,959.78, worsening by 60.53% compared to -¥42,691,727.13 in the same period last year[9] - Investment activities generated a net cash outflow of ¥739,395,696.34, primarily due to payments for the acquisition of Brother CISA[18] - The cash inflow from financing activities included 93,735,600.00 CNY from borrowings, showing reliance on debt financing[57] - The cash flow from financing activities resulted in a net inflow of 307,607,944.59 CNY, compared to 661,125.00 CNY in the same period last year[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,907[13] - The company reported a significant drop in cash reserves, which may impact liquidity and operational flexibility moving forward[34] Government Support and Compliance - The company received government subsidies amounting to ¥1,478,051.56 during the reporting period[10] - The company has strengthened safety measures and compliance following administrative penalties related to safety violations at its subsidiary, Brother Vitamin[19] Changes in Accounting Standards - The company has adopted new revenue and leasing standards starting in 2020, which may impact future financial reporting[58]