雪人股份(002639) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥197,055,978.26, representing a decrease of 31.87% compared to ¥289,228,994.40 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥29,646,030.03, a decline of 1,393.06% from a profit of ¥2,292,700.43 in the previous year[9] - Basic and diluted earnings per share were both -¥0.0440, a decrease of 1,394.12% from ¥0.0034 in the previous year[9] - The net profit attributable to shareholders for the first half of 2020 is expected to be between -¥32 million and -¥28 million, compared to a profit of ¥11.83 million in the same period of 2019, indicating a significant decline in performance[21] - The company recorded a financial expense reduction of 45.77% to ¥11,353,939.20, primarily due to decreased interest expenses and foreign exchange losses[17] - The company reported a significant increase in financial expenses, with interest expenses at CNY 12,976,319.92 compared to CNY 14,985,763.56 last year[43] - The company reported a decrease in net profit, with undistributed profits falling from CNY 199,733,258.55 to CNY 170,087,228.52, a drop of approximately 14.9%[36] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥126,500,887.13, worsening by 229.22% compared to a negative cash flow of ¥38,424,510.70 in the same period last year[9] - Cash received from operating activities decreased by 33.38% to ¥227,471,542.18 from ¥341,452,329.20, largely due to reduced sales collections amid the pandemic[17] - The company's cash and cash equivalents decreased by 51.33% to ¥148,684,322.56 from ¥305,488,220.73, reflecting the impact of reduced sales collections[17] - The cash flow from operating activities was -126,500,887.13 CNY, compared to -38,424,510.70 CNY in the previous year, indicating a worsening cash flow situation[53] - The cash flow from investing activities was -27,140,088.48 CNY, compared to -22,289,509.27 CNY in the previous year, reflecting increased investment outflows[53] - The cash flow from financing activities was -13,573,467.61 CNY, a decrease from a positive cash flow of 4,527,742.03 CNY in the same period last year[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,965,345,210.53, down 1.23% from ¥4,014,646,983.53 at the end of the previous year[9] - The net assets attributable to shareholders decreased by 1.27% to ¥2,268,589,289.33 from ¥2,297,872,907.60 at the end of the previous year[9] - Total liabilities were CNY 1,649,601,815.18, a slight decrease from CNY 1,667,754,850.94, reflecting a decline of about 1.08%[35] - The company's equity attributable to shareholders decreased from CNY 2,297,872,907.60 to CNY 2,268,589,289.33, a decline of about 1.27%[36] - The total liabilities decreased slightly to CNY 1,164,781,016.36 from CNY 1,169,278,750.85[43] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 63,873[12] - The largest shareholder, Lin Rujie, holds 21.75% of the shares, amounting to 146,628,500 shares, with 109,971,375 shares pledged[13] - The company did not engage in any repurchase transactions during the reporting period[14] Operational Challenges - The company's operating revenue for the current year is ¥197,055,978.26, a decrease of 31.87% compared to ¥289,228,994.40 in the same period last year, primarily due to the impact of the COVID-19 pandemic on sales[17] - The company expects to face challenges in its production, market, and sales activities due to the ongoing effects of the COVID-19 pandemic[22] - The company anticipates a stabilization in revenue in the second quarter as operations gradually resume following the pandemic[22] Investment Activities - Long-term equity investments increased by 389.40% to ¥19,215,642.84 from ¥3,926,365.26, indicating a significant expansion in investment activities[17] - The company received 37,000,000.00 CNY from investment recoveries during the quarter[53] Adjustments and Compliance - The company adjusted its financial statements to comply with new revenue and leasing standards, impacting the reporting of contract liabilities[57] - The report includes adjustments related to the new financial instrument standards, specifically reclassifying customer prepayments to contract liabilities[63]