文科股份(002775) - 2020 Q1 - 季度财报

Financial Performance - Revenue for Q1 2020 was ¥258,739,880.60, a decrease of 38.44% compared to ¥420,275,267.67 in the same period last year[8] - Net profit attributable to shareholders was -¥12,127,072.51, representing a decline of 169.58% from ¥17,428,333.39 in the previous year[8] - Basic and diluted earnings per share were both -¥0.0237, down 169.71% from ¥0.0340 in the same period last year[8] - Total operating revenue for Q1 2020 was CNY 258.74 million, a decrease of 38.5% compared to CNY 420.28 million in the same period last year[36] - Net profit for Q1 2020 was a loss of CNY 12.70 million, compared to a profit of CNY 17.43 million in the same period last year[37] - Total profit for the current period is -¥8,234,123.65, down from ¥21,001,569.32 in the previous period[41] Cash Flow - Net cash flow from operating activities was -¥183,032,195.48, a significant drop of 898.15% compared to -¥18,337,218.03 in Q1 2019[8] - Cash flow from operating activities shows a net outflow of -¥183,032,195.48, worsening from -¥18,337,218.03 in the previous period[44] - Total cash inflow from operating activities amounted to 761,705,970.83 yuan, while cash outflow was 788,387,111.62 yuan, resulting in a net cash outflow of 26,681,140.79 yuan[46] - The net cash flow from operating activities was negative at -26,681,140.79 yuan, a significant decline compared to the previous period's positive cash flow of 121,437,979.25 yuan[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,489,186,263.47, a decrease of 2.61% from ¥4,609,391,665.76 at the end of the previous year[8] - Total current assets decreased from CNY 3,457,068,307.02 as of December 31, 2019, to CNY 3,262,141,642.63 as of March 31, 2020, representing a decline of approximately 5.65%[29] - Total liabilities decreased from CNY 1,995,939,614.36 to CNY 1,888,438,285.06, a reduction of approximately 5.37%[31] - Total liabilities as of the end of Q1 2020 were CNY 1.85 billion, compared to CNY 1.79 billion at the end of the previous year[35] - The total liabilities amounted to 1,995,939,614.36 yuan, with current liabilities at 1,793,345,682.45 yuan[51] Operating Costs and Expenses - Operating income and costs decreased by 38.44% and 35.30% respectively, primarily due to the impact of the pandemic[16] - Total operating costs for Q1 2020 were CNY 277.91 million, down 30.2% from CNY 397.81 million year-on-year[36] - Other operating expenses increased by 148.69%, attributed to donations made to epidemic areas[16] - Cash paid to employees increased by 34.92%, mainly due to increased salaries for employees of Wuhan Xuezhihua International Travel Agency Co., Ltd.[16] Investments and Financing - Cash received from loans increased by 61.04%, primarily due to an increase in bank borrowings[16] - The company received cash inflows from investment activities totaling ¥109,974,400.60, with a net cash flow of ¥18,932,890.73 from investment activities[44] - Cash inflow from financing activities totaled 219,354,336.00 yuan, while cash outflow was 151,764,832.85 yuan, resulting in a net cash inflow of 67,589,503.15 yuan[46] - The company received 205,650,000.00 yuan from borrowings, an increase from 118,000,000.00 yuan in the previous period[46] Research and Development - Research and development expenses for Q1 2020 were CNY 3.19 million, significantly higher than CNY 0.71 million in the same period last year[37] - Research and development expenses increased significantly to ¥2,838,392.35 from ¥692,199.19, marking a rise of 309.5%[40] Company Operations - The company did not disclose a performance forecast for Q1 2020 due to difficulties in data collection caused by the pandemic[5] - The company reported no securities investments, entrusted financial management, or derivative investments during the reporting period[18][20][21] - The company did not engage in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[23] - There were no research, communication, or interview activities conducted during the reporting period[24] - The company has indicated plans for market expansion and new product development in the upcoming quarters[39] - The company has not undergone an audit for the first quarter report[55] - The company implemented new revenue and leasing standards starting from 2020, affecting the financial statements[49]