扬子新材(002652) - 2020 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2020 was ¥410,757,759.55, a decrease of 11.94% compared to ¥466,445,357.25 in the same period last year[9] - Net profit attributable to shareholders was -¥11,453,666.18, representing a decline of 200.77% from a profit of ¥11,366,052.17 in the previous year[9] - Basic and diluted earnings per share were both -¥0.0224, a decrease of 200.90% from ¥0.0222 in the previous year[9] - The company's net loss for Q1 2020 was CNY 23,040,763.55, reflecting a significant decline in profitability[39] - The company's operating profit for Q1 2020 was a loss of approximately ¥23.38 million, compared to a profit of ¥23.76 million in the same period last year[40] - The total profit for Q1 2020 was a loss of approximately ¥23.42 million, compared to a profit of ¥23.91 million in the previous year[40] - The total comprehensive income for Q1 2020 was a loss of approximately ¥113.46 million, contrasting with a gain of ¥20.23 million in the previous year[41] Cash Flow and Financial Position - The net cash flow from operating activities improved to -¥26,492,517.02, an 82.90% increase compared to -¥154,966,270.52 in the same period last year[9] - The cash inflow from operating activities was approximately ¥532.15 million, down from ¥573.65 million in the previous year[47] - The net cash flow from operating activities was -26,492,517.02 CNY, compared to -154,966,270.52 CNY in the previous period, indicating an improvement[48] - Cash inflow from financing activities was 613,690,945.52 CNY, up from 378,506,600.94 CNY in the previous period, reflecting increased borrowing[49] - The net cash flow from financing activities was 46,922,656.70 CNY, a decrease from 120,519,165.47 CNY in the previous period[49] - The total cash and cash equivalents at the end of the period were 71,666,437.19 CNY, compared to 51,066,989.61 CNY in the previous period[49] - The cash outflow from investing activities was 1,970,500.00 CNY, significantly lower than 10,922,440.22 CNY in the previous period[48] - The net cash flow from investing activities was -1,970,500.00 CNY, compared to -9,916,440.22 CNY in the previous period, indicating reduced investment outflows[48] - The company reported a decrease in cash outflows for purchasing goods and services, totaling 495,809,356.70 CNY, down from 648,644,416.83 CNY[48] - The company experienced a net increase in cash and cash equivalents of 18,453,712.76 CNY, contrasting with a decrease of 44,513,186.46 CNY in the previous period[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,830,463,128.64, down 4.66% from ¥2,968,749,603.11 at the end of the previous year[9] - The total liabilities as of March 31, 2020, amounted to CNY 2,237,927,826.44, slightly down from CNY 2,262,758,251.92 at the end of 2019[33] - The total equity attributable to shareholders decreased to CNY 415,340,508.38 from CNY 477,638,173.43[33] - The company's retained earnings showed a decline, with an unallocated profit of CNY -86,086,348.73 compared to CNY -74,632,682.55 in the previous period[33] - The long-term borrowings were CNY 891,149,991.26, down from CNY 930,202,013.06[33] Shareholder Information - The total number of common shareholders at the end of the reporting period was 21,253[12] - The largest shareholder, Nanning Yiran Elderly Care Industry Partnership, held 30.00% of shares, totaling 153,600,000 shares[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] Operational Performance - Sales expenses decreased by 42.33% to ¥6,688,385.73 from ¥11,596,844.83, attributed to reduced sales during the pandemic[16] - Financial expenses increased by 280.79% to ¥47,993,222.24 from ¥12,603,684.64 due to higher financial interest costs[16] - Accounts receivable decreased by 88.68% to ¥28,347,439.07 from ¥250,519,768.59 due to increased payment settlements[16] - Prepayments increased by 94.44% to ¥523,482,531.12 from ¥269,230,775.72 primarily due to increased material payments[16] - The company faced significant impacts from the COVID-19 pandemic, leading to decreased orders, production, and sales, particularly in its overseas subsidiary in Russia[17] Tax and Other Income - The company reported non-operating income and expenses totaling -¥1,158,766.54 for the period[10] - Deferred income tax assets increased by 59.58% to ¥18,504,412.95 from ¥11,595,601.26 due to increased unabsorbed losses[16] - Other comprehensive income showed a significant decline of 934.74%, reaching -¥56,283,398.51, primarily due to currency depreciation of the Russian ruble[16] - The company incurred a tax expense of approximately -¥9.66 million in Q1 2020, compared to ¥4.33 million in the previous period[40] - The other comprehensive income attributable to the parent company for Q1 2020 was a loss of approximately ¥50.84 million, compared to a gain of ¥0.33 million in the previous year[41]