爱康科技(002610) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥699,314,280.35, representing a decrease of 40.39% compared to ¥1,163,392,855.56 in the same period last year[9]. - Net profit attributable to shareholders was ¥7,786,001.43, down 21.90% from ¥11,888,459.70 year-on-year[9]. - Operating revenue fell by 40.39% to ¥699.31 million, primarily due to the impact of COVID-19 on manufacturing operations and a significant decline in product sales[22]. - The company's operating income for the current period is ¥4,776,737.82, a decrease from ¥10,472,136.10 in the previous period, reflecting a decline of approximately 54.4%[71]. - The total profit for the current period is ¥5,003,866.90, down from ¥11,144,746.62, indicating a decrease of about 55.1%[71]. - The net profit attributable to the parent company's shareholders is ¥7,786,001.43, compared to ¥9,968,915.08 in the previous period, representing a decline of approximately 21.9%[71]. - The company's total comprehensive income for the current period is ¥11,302,886.89, an increase from ¥9,567,227.17, showing a growth of about 18.1%[75]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net cash flow of -¥23,921,288.45, an 86.06% increase compared to -¥172,976,496.73 in the previous year[9]. - Cash and cash equivalents decreased by 31.24% to ¥993.31 million due to increased investment in construction projects and repayment of loans and interest[22]. - The total cash and cash equivalents at the end of the period was 101,865,032.58, a decrease from 270,761,428.80 in the previous period[89]. - Cash inflow from investment activities totaled 46,496,576.00, down from 231,741,573.29 in the previous period[86]. - The cash flow from investment activities showed a net outflow of -27,093,761.83, compared to -8,231,970.54 in the previous period[86]. - The cash flow from operating activities netted -117,309,508.69, an improvement from -238,829,164.84 in the previous period[90]. Assets and Liabilities - Total assets at the end of the reporting period were ¥11,111,568,714.16, a decrease of 4.58% from ¥11,645,285,537.56 at the end of the previous year[9]. - The company's total assets decreased from ¥11,645,285,537.56 to ¥11,111,568,714.16, a decrease of about 4.6%[49]. - Total liabilities decreased from ¥7,534,670,005.73 to ¥6,989,335,753.95, a reduction of approximately 7.3%[53]. - The company's equity attributable to shareholders increased to CNY 4,337,500,997.09 from CNY 4,364,035,948.87[63]. - The company's total assets amount to approximately $10.17 billion[106]. - Total liabilities amount to approximately $5.80 billion[106]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,487,969,248, with the largest shareholder holding 15.03% of the shares[13]. - Jiangsu Aikang Industrial Group Co., Ltd. was the largest shareholder, holding 15.03% of the shares, with a total of 674,742,000 shares[13]. - The company did not engage in any repurchase transactions during the reporting period[17]. Research and Development - Research and development expenses decreased by 35.48% to ¥6.09 million, attributed to reduced investment in product development due to the pandemic[24]. Risk Management - The company is facing potential liabilities due to overdue loans guaranteed for subsidiaries, with guarantees totaling ¥241 million and ¥70 million[28]. - The company has implemented risk management measures to minimize potential guarantee losses, including negotiations with creditors and restructuring plans[29]. Other Income and Expenses - The company reported non-operating income of ¥2,144,464.28 from government subsidies during the reporting period[9]. - Other comprehensive income increased by 246.16% to ¥1.74 million, mainly due to changes in exchange rates[22]. - The company incurred financial expenses of ¥31,141,008.29, down from ¥46,362,386.52, reflecting a decrease of approximately 32.7%[76]. - The investment income for the current period is ¥1,577,903.31, a significant drop from ¥95,392,674.75 in the previous period, indicating a decline of about 98.3%[76].