*ST美盛(002699) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥199,276,434.92, representing a 43.07% increase compared to ¥139,290,797.83 in the same period last year[7]. - The net profit attributable to shareholders was -¥5,219,644.77, a decrease of 148.18% from ¥10,833,673.10 in the previous year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,030,401.48, down 244.31% from ¥6,257,835.33 in the same period last year[7]. - The basic earnings per share were -¥0.057, a decline of 670.00% from ¥0.01 in the same period last year[7]. - The company reported a net operating profit of -¥4,174,702.95, an increase of 134.71% year-on-year, primarily due to the impact of the pandemic[15]. - The company reported a total comprehensive loss of CNY 6,935,936.24 for the quarter, compared to a loss of CNY 2,455,373.60 in the prior year[41]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥16,586,737.23, a significant improvement from -¥32,100,403.65 in the previous year[7]. - The company's cash and cash equivalents at the end of the period were ¥811,336,988.11, a decrease of 7.56% compared to the beginning of the period, primarily due to loan repayments[15]. - Cash and cash equivalents at the end of the period were CNY 810,636,988.11, down from CNY 877,001,743.07 at the beginning of the period[45]. - The cash flow from operating activities generated a net cash inflow of CNY 16,586,737.23, a significant improvement from a net outflow of CNY -20,543,126.58 in the previous period[44]. - The company received CNY 150,694,329.67 in borrowings during the quarter, compared to CNY 230,995,000.00 in the previous period[45]. - The total cash outflow from financing activities was CNY 295,668,328.99, compared to CNY 306,878,498.25 in the previous year[45]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,636,658,502.85, a decrease of 1.47% from ¥3,691,015,504.70 at the end of the previous year[7]. - The total liabilities as of March 31, 2020, were CNY 553,226,685.28, up from CNY 517,743,188.01, indicating an increase of about 6.8%[32]. - The company's total assets as of March 31, 2020, amounted to CNY 3,617,822,043.31, an increase from CNY 3,588,192,024.30 at the end of 2019[32]. - The company's short-term borrowings at the end of the period were ¥268,765,042.01, a decrease of 14% compared to the previous period, due to cash recovery and loan repayments[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,039[11]. - The largest shareholder, Meisheng Holdings Group Co., Ltd., held 33.67% of the shares, totaling 306,242,810 shares[11]. - The total equity attributable to shareholders of the parent company was CNY 3,099,903,442.11, slightly down from CNY 3,103,076,096.81[31]. Government Support and Taxation - The company received government subsidies amounting to ¥3,054,461.46 during the reporting period[8]. - The company received tax refunds of ¥10,742,493.13, an increase of 250.71% year-on-year, due to increased business volume and order quantity[15]. - The company received $3,217,385.95 in tax refunds, an increase of 23.5% from $2,604,111.17 in the previous period[47]. Operational Metrics - Operating revenue for the period was ¥199,276,434.92, an increase of 43.07% year-on-year, mainly due to the acquisition of NEW TIME which expanded the revenue accounting scope[15]. - Operating costs for the period were ¥164,430,617.18, an increase of 73.09% year-on-year, attributed to the acquisition of NEW TIME[15]. - Other cash received related to operating activities was ¥71,178,486.84, an increase of 65.94% year-on-year, due to an increase in the recovery of receivables[15]. - Research and development expenses amounted to CNY 1,642,478.91, down from CNY 2,505,638.99 in the previous year[39]. - The company incurred financial expenses of CNY 2,087,334.17, a decrease from CNY 5,762,257.39 in the previous period[39]. Inventory and Receivables - Accounts receivable at the end of the period were ¥290,048,583.76, a decrease of 22.07%, as the company entered the collection period for operating receivables[15]. - The inventory level rose to CNY 70,259,168.93 from CNY 55,260,947.94, marking an increase of about 27.1%[31]. - The company's other current assets increased by 34.82% to ¥225,033,518.84, primarily due to increased investments in financial products[15]. Audit and Compliance - The company did not undergo an audit for the first quarter report[50].