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, a decrease of 40.39% compared to ¥1,163,392,855.56 in the same period last year[9]. - The net profit attributable to shareholders of the listed company was ¥7,786,001.43, down 21.90% from ¥11,888,459.70 year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,663,172.98, a decline of 28.12% compared to ¥7,878,794.43 in the previous 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%[69]. - The total profit for the current period is ¥5,003,866.90, down from ¥11,144,746.62, representing a decrease of about 55.1%[69]. - The net profit attributable to the parent company's owners is ¥7,786,001.43, compared to ¥9,968,915.08 in the previous period, indicating a decline of approximately 21.9%[69]. - 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%[73]. Cash Flow - The net cash flow from operating activities was -¥23,921,288.45, an improvement of 86.06% from -¥172,976,496.73 in the same period last year[9]. - Cash inflow from operating activities is ¥1,000,936,913.95, slightly down from ¥1,071,499,461.79, a decrease of about 6.6%[81]. - Cash inflow from operating activities was ¥557,383,619.04, compared to ¥1,094,592,706.02 in the previous year, showing a decline in operational cash generation[88]. - Cash flow from operating activities showed a net outflow of ¥23,921,288.45, a significant improvement from the previous year's outflow of ¥171,663,103.77, indicating a reduction in cash burn[84]. - The net cash flow from financing activities was -¥174,362,518.16, an improvement from -¥222,870,891.83 in the previous year[87]. - The ending balance of cash and cash equivalents was ¥101,865,032.58, down from ¥270,761,428.80 in the previous period, indicating a decrease in liquidity[87]. - The company experienced a net decrease in cash and cash equivalents of -¥199,364,447.05, compared to -¥400,266,707.32 in the previous year, suggesting a stabilization in cash management[91]. 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]. - Total current assets amounted to ¥4,198.92 million, down from ¥4,806.56 million, indicating a decrease of approximately 12.6%[45]. - Total non-current assets increased to ¥6,912.65 million from ¥6,838.72 million, reflecting an increase of about 1.1%[48]. - Total liabilities decreased to ¥6,989.34 million from ¥7,534.67 million, indicating a reduction of about 7.3%[51]. - The company reported a total equity of ¥4,122.23 million as of March 31, 2020, down from ¥4,110.62 million, reflecting a slight increase of about 0.3%[51]. - The total assets decreased to CNY 9,791,536,319.14 from CNY 10,165,049,748.76[61]. - The total liabilities decreased to CNY 5,454,035,322.05 from CNY 5,801,013,799.89[61]. - The total equity attributable to shareholders increased to CNY 4,337,500,997.09 from CNY 4,364,035,948.87[61]. Shareholder Information - The basic earnings per share remained at ¥0.002, unchanged from the previous year[9]. - The diluted earnings per share also remained at ¥0.002, consistent with the previous year[9]. - The weighted average return on net assets was 0.19%, slightly down from 0.20% in the same period last year[9]. - The proportion of non-operating fund occupation by major shareholders was 0.01% of the latest audited net assets[40]. - The company has repaid all non-operating fund occupations during the reporting period[40]. Investment and Expenses - Research and development expenses decreased by 35.48% to ¥60.94 million, attributed to reduced investment in product development due to the pandemic[24]. - Investment income increased by 45.71% to ¥164.35 million, driven by higher profits from associated companies[24]. - The company incurred financial expenses of ¥31,141,008.29, a decrease from ¥46,362,386.52, indicating a reduction of about 32.7%[74]. - The company’s investment income for the current period is ¥1,577,903.31, a significant drop from ¥95,392,674.75 in the previous period, representing a decline of approximately 98.3%[74]. Risk Management - The company is facing potential liabilities due to overdue loans guaranteed for subsidiaries, totaling ¥241 million and ¥70 million[28]. - The company has implemented risk mitigation measures, including negotiations for debt restructuring and additional guarantees[28]. Other Comprehensive Income - 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 ¥17.41 million, primarily due to changes in exchange rates[22]. - The company reported a significant increase in other comprehensive income, with a net amount of ¥2,254,727.64 compared to a loss of ¥414,743.79 in the previous period[76].