银宝山新(002786) - 2020 Q1 - 季度财报

Financial Performance - Revenue for Q1 2020 was CNY 616,616,830.65, a decrease of 1.64% compared to CNY 626,897,940.29 in the same period last year[8]. - Net profit attributable to shareholders was a loss of CNY 82,773,048.28, representing a decline of 92.30% from a loss of CNY 43,043,379.65 year-over-year[8]. - Basic and diluted earnings per share were both CNY -0.22, reflecting a 100% decrease compared to CNY -0.11 in the same quarter last year[8]. - Net profit decreased by 93.52% to -86,486,248.42 from -44,691,759.61, primarily due to delays in resuming operations caused by the COVID-19 pandemic[24]. - Operating profit fell by 87.19% to -101,588,125.80 from -54,270,461.04, impacted by reduced production efficiency and increased costs[22]. - The total comprehensive income for the current period was -¥38,595,668.05, compared to -¥31,097,636.17 in the previous period[79]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to CNY 46,961,182.60, up 3,281.03% from CNY 1,388,962.36 in the previous year[8]. - The net cash flow from financing activities was -114,301,217.53, compared to a positive 56,246,074.39 in the previous period, indicating a significant decline in financing cash flow[89]. - The cash inflow from investment activities was 254,369,640.47, down from 472,454,957.63, reflecting a decline in investment cash inflows[89]. - Cash and cash equivalents stood at CNY 399,567,812.65, down from CNY 410,388,504.60, indicating a decrease of approximately 2.0%[44]. - The company reported a decrease in cash and cash equivalents, impacting liquidity and operational flexibility[60]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,117,655,507.75, down 2.37% from CNY 4,217,598,912.18 at the end of the previous year[8]. - Total liabilities decreased slightly to CNY 3,263,222,317.57 from CNY 3,277,604,025.95, a reduction of approximately 0.4%[50]. - The company's total current assets decreased to CNY 2,654,297,977.94 from CNY 2,752,797,548.47, reflecting a reduction of about 3.6%[44]. - Total assets reached approximately ¥4.22 billion, with current assets totaling ¥2.43 billion and non-current assets at ¥997 million[97]. - Total liabilities amounted to approximately ¥3.28 billion, with current liabilities at ¥2.95 billion and non-current liabilities at ¥329 million[97]. Shareholder Information - The total number of shareholders at the end of the reporting period was 34,017, with the largest shareholder holding 35.74% of the shares[12]. - Net assets attributable to shareholders decreased by 9.18% to CNY 808,397,868.83 from CNY 890,073,806.71 at the end of the previous year[8]. - The company's equity attributable to shareholders decreased to CNY 808,397,868.83 from CNY 890,073,806.71, reflecting a decline of about 9.2%[52]. Research and Development - R&D expenses rose by 47.09% to 37,594,695.76 from 25,558,569.07, reflecting increased investment in research and development materials and salaries[22]. - Research and development expenses rose to ¥37,594,695.76 from ¥25,558,569.07, an increase of 47.2%, indicating a focus on innovation[65]. Government Support - The company received government subsidies amounting to CNY 8,703,309.53 during the reporting period[8]. - The company received government compensation of 36,089,289 for property expropriation related to the Shenzhen Metro Line 13 project[26]. Other Financial Metrics - Non-operating income and expenses totaled CNY -11,746,804.32 after tax effects and minority interests[8]. - The company reported a weighted average return on equity of -9.75%, down from -3.85% in the previous year[8]. - The company recorded a significant increase in other income to ¥4,344,899.22 from ¥2,431,469.13, an increase of 79.0%[72].