凯文教育(002659) - 2020 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2020 was CNY 81,937,551.77, an increase of 1.80% compared to CNY 80,489,943.53 in the same period last year[7]. - The company reported a basic earnings per share of CNY -0.03, improving by 25.00% from CNY -0.04 in the previous year[7]. - Net profit attributable to shareholders was a loss of CNY 16,965,392.46, improving by 18.70% from a loss of CNY 20,868,802.96 year-on-year[7]. - The company reported a net loss of CNY 67,701,659.58 in retained earnings as of March 31, 2020, compared to a loss of CNY 50,736,267.12 at the end of 2019[32]. - The company reported a comprehensive loss of CNY 17,397,320.09, compared to a comprehensive loss of CNY 21,687,391.33 in the previous period[40]. - The net profit for Q1 2020 was -397,590.45 yuan, compared to -1,335,346.56 yuan in the same period last year, indicating an improvement of approximately 70.2%[44]. Cash Flow and Financing - Net cash flow from operating activities was a negative CNY 78,683,119.04, a decline of 21.06% compared to the previous year[7]. - Operating cash flow for Q1 2020 was -78,683,119.04 yuan, worsening from -64,995,191.29 yuan year-over-year[47]. - Cash inflow from operating activities was 14,842,093.91 yuan, down from 22,115,012.92 yuan in the previous year[46]. - Cash outflow from operating activities totaled 93,525,212.95 yuan, compared to 87,110,204.21 yuan in the same period last year[47]. - The company received 306,000,000.00 yuan from borrowings during Q1 2020, marking a significant cash inflow[48]. - The net cash flow from financing activities was 76,727,048.03 yuan, a recovery from a negative cash flow of -224,903,545.66 yuan in the previous year[48]. - The net cash flow from investment activities was CNY 16,446,556 in Q1 2020, compared to CNY 716,543,340 in the same period of 2019, indicating a significant decrease[51]. - The net cash flow from financing activities was CNY 55,765,356 in Q1 2020, a recovery from a negative cash flow of CNY 201,354,314 in Q1 2019[51]. - The company reported a significant cash outflow of CNY 199,000,000 for debt repayment in Q1 2020[51]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,644,502,889.32, down 1.63% from CNY 3,704,957,545.50 at the end of the previous year[7]. - The company's total assets amounted to CNY 3,644,502,889.32, a decrease from CNY 3,704,957,545.50 as of December 31, 2019[32]. - The company's total liabilities decreased to CNY 1,510,054,048.15 from CNY 1,553,111,384.24, representing a reduction of about 2.8%[31]. - Total liabilities amounted to CNY 104,847,155.41, a significant increase from CNY 2,726,555.57 in the previous period[35]. - The company's equity attributable to shareholders decreased to CNY 2,127,988,032.38 from CNY 2,144,610,881.19, a decline of approximately 0.8%[32]. - The total equity of the company was CNY 2,308,591,613.35, slightly down from CNY 2,308,989,203.80[35]. Operating Costs and Expenses - Total operating costs decreased to CNY 105,745,383.54 from CNY 107,616,776.32, with operating costs specifically at CNY 66,897,003.90, up from CNY 64,769,073.63[38]. - Financial expenses for the quarter were CNY 17,340,619.96, up from CNY 13,808,410.79 in the previous period[38]. - The company paid 48,678,579.66 yuan to employees in Q1 2020, an increase from 42,459,541.25 yuan in the previous year[47]. Other Financial Information - The company did not engage in any securities investment, entrusted financial management, or derivative investments during the reporting period[20][21][22]. - The company held no non-operating fund occupation by controlling shareholders or related parties during the reporting period[24]. - The company has not conducted any research, communication, or interview activities during the reporting period[25]. - The company has not undergone an audit for the Q1 2020 report, which may affect the reliability of the financial data presented[57]. - The company is implementing new revenue and leasing standards starting in 2020, which may impact future financial reporting[52].