快意电梯(002774) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥89,917,558.14, a decrease of 2.50% compared to ¥92,226,882.34 in the same period last year[7] - The net profit attributable to shareholders was -¥18,273,695.69, representing a decline of 12.97% from -¥16,175,366.83 year-over-year[7] - The basic earnings per share were -¥0.0543, down 12.42% from -¥0.0483 in the same period last year[7] - The net loss for Q1 2020 was CNY 18,401,114.63, compared to a net loss of CNY 16,243,451.76 in Q1 2019, reflecting a worsening of 13.3%[43] - The company reported a comprehensive loss of CNY 22,058,765.54 for Q1 2020, compared to a loss of CNY 16,361,513.48 in Q1 2019[43] Cash Flow - The net cash flow from operating activities was -¥77,486,007.72, a significant decrease of 52.94% compared to -¥50,664,050.42 in the previous year[7] - Operating cash flow net amount decreased by 52.94% to -¥77,486,007.72, primarily due to a reduction in cash received from sales of goods and services[14] - The cash flow from operating activities shows a net outflow of ¥77,486,007.72, worsening from a net outflow of ¥50,664,050.42 in the previous period[50] - The company received tax refunds amounting to ¥669,321.42, down from ¥2,129,935.29 in the previous period, a decrease of about 68.6%[50] - The net increase in cash and cash equivalents was 108,024,875.04 CNY, compared to 95,889,704.07 CNY in the previous period, reflecting a growth of 12.03%[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,572,016,516.80, a decrease of 3.34% from ¥1,626,307,711.75 at the end of the previous year[7] - The total current assets decreased to ¥1,221,177,708.36 from ¥1,358,747,968.80, a decline of about 10.1%[33] - The total liabilities decreased to ¥512,914,679.58 from ¥546,447,627.40, a reduction of about 6.1%[35] - The total equity attributable to shareholders decreased to ¥1,058,455,994.44 from ¥1,079,086,822.63, reflecting a decline of approximately 1.9%[36] - The total non-current assets increased to CNY 343,592,050.87, up 32.0% from CNY 260,242,137.16 as of December 31, 2019[39] Shareholder Information - The total number of common shareholders at the end of the reporting period was 24,220[10] - The largest shareholder, Dongguan Kuaiyi Equity Investment Co., Ltd., held 44.33% of the shares, amounting to 151,330,520 shares[10] Investment Activities - Investment cash flow net amount increased by 21.67% to ¥181,317,119.76, mainly due to an increase in redeemed financial products[14] - The total cash inflow from investment activities was 294,794,163.70 CNY, down from 360,572,335.62 CNY, representing a decrease of 18.24%[54] - The cash outflow for the purchase and construction of fixed assets, intangible assets, and other long-term assets was 88,396,831.05 CNY, significantly higher than 537,323.00 CNY in the previous period[54] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥4,438,813.18 for the period[8] - Financial expenses showed a significant decrease of 224.26% to -¥1,048,217.98, due to reduced exchange losses and increased interest income[14] - Other comprehensive income decreased by 1536.73% to -¥3,895,666.11, mainly due to a reduction in foreign currency translation differences[14] Operational Insights - The company did not engage in any repurchase transactions during the reporting period[11] - The company did not engage in any research or communication activities during the reporting period, indicating a focus on internal operations[28] - The company maintained its non-operational fund usage by controlling related party transactions, ensuring no non-operational fund occupation occurred[27] Management and Governance - The company’s chairman is Luo Aiwen, who presented the report on April 28, 2020[57] - The company did not undergo an audit for the first quarter report[56] - The company has not applied new revenue and leasing standards for the first quarter of 2020[55]