*ST美盛(002699) - 2020 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2020 was CNY 199,276,434.92, representing a 43.07% increase compared to CNY 139,290,797.83 in the same period last year[7] - Net profit attributable to shareholders was CNY -5,219,644.77, a decrease of 148.18% from CNY 10,833,673.10 in the previous year[7] - Net profit after deducting non-recurring gains and losses was CNY -9,030,401.48, down 244.31% from CNY 6,257,835.33 in the same period last year[7] - Operating revenue for the period was ¥199,276,434.92, an increase of 43.07% year-on-year, attributed to the acquisition of NEW TIME which expanded the revenue accounting scope[15] - Total operating revenue for Q1 2020 was CNY 199,276,434.92, compared to CNY 139,290,797.83 in the same period last year, representing a growth of approximately 43.2%[37] - The net profit attributable to the parent company decreased to CNY 217,012,366.65 from CNY 223,948,302.89, a decline of approximately 3.9%[35] - The company expects to achieve a net profit of between ¥20,000,000 and ¥30,000,000 for the first half of 2020, compared to a net loss of ¥17,023,600 in the same period last year[18] Cash Flow and Financial Position - Operating cash flow for the period was CNY 16,586,737.23, a significant improvement from CNY -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] - The net cash flow from operating activities was -17,548,183.50 CNY, compared to -16,404,091.90 CNY in the previous period, indicating a slight decline in operational performance[50] - Total cash inflow from investment activities was 1,511,865.65 CNY, significantly lower than 518,907,959.09 CNY in the previous period, reflecting reduced investment returns[51] - The net cash flow from financing activities was 38,432,988.31 CNY, a decrease from 301,597,725.00 CNY in the previous period, suggesting tighter financing conditions[51] - The total cash and cash equivalents at the end of the period amounted to 484,616,569.11 CNY, up from 17,841,284.98 CNY in the previous period, indicating improved liquidity[51] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,671,230,030.75, a decrease of 1.64% from CNY 3,732,547,084[7] - Total assets as of March 31, 2020, were CNY 3,658,271,165.03, compared to CNY 3,629,723,604.00 at the end of 2019, indicating a slight increase of approximately 0.8%[34] - Total liabilities amounted to CNY 553,226,685.28, up from CNY 517,743,188.01, which is an increase of about 6.8%[35] - The company's equity attributable to shareholders decreased to CNY 3,105,044,479.75 from CNY 3,111,980,415.99, a decline of approximately 0.2%[35] 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, held 33.67% of the shares, amounting to 306,242,810 shares[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] Government Support and Taxation - The company received government subsidies amounting to CNY 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 recorded a tax expense of approximately ¥2.09 million for Q1 2020, slightly down from ¥2.51 million in the previous year[40] Research and Development - Research and development expenses rose to CNY 6,187,624.56 from CNY 4,598,226.26, reflecting an increase of about 34.6%[38] - Research and development expenses for Q1 2020 were approximately ¥1.64 million, down from ¥2.51 million in the previous year, indicating a reduction of 34.4%[42] Financial Expenses - The company’s financial expenses decreased by 65.51% to ¥2,027,663.82, attributed to reduced funding costs and increased exchange gains from holding US dollars[15] - The company's financial expenses for Q1 2020 were approximately ¥2.09 million, significantly reduced from ¥5.76 million in the previous year, showing a decrease of 63.7%[42] Other Financial Metrics - The company reported a credit impairment loss of CNY -2,262,485.89, indicating a negative impact on financial performance[38] - The total comprehensive income for Q1 2020 was approximately -¥4.59 million, compared to ¥5.94 million in the previous year, reflecting a decrease of 177.4%[40] - The basic and diluted earnings per share for Q1 2020 were both -¥0.0057, down from ¥0.0119 in the same period last year[40] - The company reported other income of approximately ¥2.18 million for Q1 2020, a substantial increase from ¥0.12 million in the previous year[42]