浙江世宝(002703) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥193,425,679.92, a decrease of 10.21% compared to ¥215,422,919.91 in the same period last year[8] - The net profit attributable to shareholders was -¥2,654,630.93, an improvement of 76.34% from -¥11,219,820.98 year-on-year[8] - The company's operating revenue for Q1 2020 was CNY 193,425,679.92, a decrease of 10.21% compared to CNY 215,422,919.91 in Q1 2019[16] - The net profit attributable to the parent company was CNY -2,654,630.93, an improvement of 76.34% from CNY -11,219,820.98 in the same period last year[16] - Net profit for the period was -¥4.26 million, improving from -¥13.20 million in the previous period, indicating a reduction in losses[53] - The company reported a basic and diluted earnings per share of -¥0.0034, an improvement from -¥0.0142 in the previous period[53] Cash Flow - The net cash flow from operating activities was ¥22,198,458.81, a significant increase of 167.23% compared to -¥33,018,473.71 in the previous year[8] - Operating cash flow net amount increased by 167.23% to CNY 22,198,458.81, compared to CNY -33,018,473.71 in Q1 2019[20] - Cash flow from operating activities generated ¥22.20 million, a significant improvement compared to -¥33.02 million in the previous period[62] - Cash inflow from operating activities totaled ¥16,611,621.76, an increase from ¥12,137,469.90 year-over-year[67] - Operating cash flow net amount reached ¥5,465,718.27, a significant improvement from last year's negative cash flow of -¥21,989,725.72[67] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,966,287,540.94, a slight decrease of 0.45% from ¥1,975,196,092.31 at the end of the previous year[8] - Current assets totaled CNY 983,233,551.70, slightly down from CNY 991,058,475.50, indicating a decrease of 0.83%[37] - Total liabilities decreased to CNY 675,905,079.51 from CNY 680,557,817.14, a reduction of 0.24%[41] - The company's equity attributable to shareholders was CNY 1,299,180,357.44, down from CNY 1,301,834,988.37, reflecting a decrease of 0.20%[41] Shareholder Information - The company reported a total of 35,642 common shareholders at the end of the reporting period[12] - Zhejiang Shibao Holding Group Co., Ltd. remains the largest shareholder, holding 43.28% of the shares[12] Expenses - Sales expenses decreased by 33.70% to CNY 12,514,375.74, primarily due to reduced transportation and warehousing costs[17] - Management expenses decreased by 23.19% to CNY 13,645,911.00, attributed to reduced business activities and government policies on social insurance[19] - Financial expenses increased by 211.66% to CNY 1,212,414.11, mainly due to increased bank borrowings[19] - The company’s financial expenses rose to ¥1.21 million from ¥0.39 million, primarily due to increased interest expenses[53] Inventory and Receivables - Accounts receivable decreased to ¥364,526,016.57, accounting for 18.54% of total assets, down from 20.19%[14] - Inventory increased to ¥228,478,431.38, representing 11.62% of total assets, up from 10.98%[14] - The company reported a total of CNY 364,526,016.57 in accounts receivable, down from CNY 398,848,776.89, indicating a decrease of 8.6%[37] - Inventory increased to CNY 228,478,431.38 from CNY 216,838,013.54, showing a growth of 5.5%[37] Investment Activities - Investment cash flow net amount rose by 347.79% to CNY 46,430,571.40, compared to CNY -18,737,575.93 in the same period last year[20] - Total cash inflow from investment activities was ¥150,160,054.80, compared to ¥20,186,176.71 in the previous period, indicating a substantial increase[67] - Cash outflow for investment activities totaled ¥99,756,718.89, up from ¥14,615,527.41 in the prior year[67] - The company received ¥80,000,000.00 related to investment activities, indicating a new influx of cash[67] Significant Events - The company reported no significant events or updates that require explanation during the reporting period[23]