友邦吊顶(002718) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥60,239,798.19, a decrease of 46.65% compared to ¥112,904,137.78 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥20,759,975.26, representing a decline of 364.74% from a profit of ¥7,841,666.96 in the previous year[8] - Total revenue for the reporting period was 60,239,798.19, a decrease of 46.65% compared to 112,904,137.78 in the same period last year, primarily due to a decline in sales caused by the COVID-19 pandemic[18] - Operating costs amounted to 45,555,688.82, down 39.73% from 75,581,189.75 year-on-year, also attributed to reduced sales due to the pandemic[18] - Net profit for Q1 2020 was a loss of CNY 22,191,578.24, compared to a profit of CNY 7,168,482.87 in the same period last year[42] - The company's operating revenue for the current period is ¥56,280,224.75, a significant decrease compared to ¥95,001,736.60 in the previous period[45] - The net profit for the current period is -¥17,836,706.77, compared to a net profit of ¥9,804,208.48 in the previous period, indicating a substantial decline[46] Cash Flow - The net cash flow from operating activities was -¥84,445,730.01, a decrease of 254.91% compared to -¥23,793,404.74 in the same period last year[8] - Cash flow from operating activities was -84,445,730.01, a decline of 254.91% compared to -23,793,404.74, mainly due to decreased sales and cash collection[19] - The cash flow from operating activities shows a net outflow of -¥84,445,730.01, worsening from -¥23,793,404.74 in the previous period[50] - The net cash flow from operating activities was -$83.89 million, a significant decline from -$20.94 million in the previous period, indicating a worsening cash flow situation[53] - Total cash inflow from operating activities decreased to $60.99 million from $127.19 million, reflecting a drop of approximately 52.0%[53] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,816,676,775.35, down 4.89% from ¥1,910,171,994.03 at the end of the previous year[8] - Current liabilities totaled 573,258,983.13, a decrease from 643,452,733.77 at the end of the previous year[34] - The company's total assets decreased to CNY 1,796,074,874.57 from CNY 1,899,562,945.84 at the end of 2019[38] - Total liabilities decreased to CNY 531,523,842.03 from CNY 617,175,206.53 at the end of 2019[38] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,707[11] - The top shareholder, Shi Xiang, holds 35.83% of the shares, totaling 47,096,691 shares[11] Government Support - The company reported government subsidies of ¥1,682,751.90 during the period, primarily related to business operations[9] - Other income increased significantly by 1,652,751.90, representing a 1664.11% increase compared to the previous period, mainly due to increased government subsidies related to regular business activities[18] Investment Activities - Cash flow from investing activities was -13,211,422.85, down 595.82% from 2,664,566.11, primarily due to ongoing investments in the integrated ceiling production base project[19] - The company reported investment income of ¥1,674,691.90, a decrease from ¥3,268,157.98 in the previous period[45] Future Plans - The company plans to focus on new product development and market expansion strategies moving forward[39] Audit and Standards - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[56] - The company has not applied new revenue and leasing standards, which may impact future financial reporting[55]