裕同科技(002831) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,823,242,389.45, representing a 2.14% increase compared to ¥1,785,109,713.37 in the same period last year[4] - Net profit attributable to shareholders was ¥142,085,640.24, a decrease of 7.86% from ¥154,210,360.80 in the previous year[4] - Basic earnings per share decreased to ¥0.1630, down 7.54% from ¥0.1763 in the previous year[4] - The total operating income for Q1 2020 was CNY 644,103,609.35, a decrease of 1.25% from CNY 652,922,590.53 in the previous year[41] - The net profit for Q1 2020 was CNY 142,646,866.31, down 11.05% from CNY 160,345,210.92 in the same period last year[39] - The total comprehensive income for Q1 2020 was CNY 128,379,410.46, down from CNY 151,569,101.37 in Q1 2019[40] - Total comprehensive income for the first quarter was CNY 64,379,558.99, a decrease from CNY 70,189,422.99 in the previous period[43] Cash Flow - The net cash flow from operating activities was ¥307,832,738.76, down 58.84% from ¥747,971,133.04 in the same period last year[4] - Cash inflow from operating activities totaled CNY 2,883,299,515.24, down from CNY 3,014,731,867.91 year-over-year[44] - Cash outflow from operating activities was CNY 2,575,466,776.48, compared to CNY 2,266,760,734.87 in the previous period, resulting in a net cash flow from operating activities of CNY 307,832,738.76, significantly lower than CNY 747,971,133.04 last year[45] - Cash inflow from investment activities was CNY 607,419,813.85, down from CNY 787,792,406.50 year-over-year, leading to a net cash outflow of CNY 469,508,434.39 in investment activities[45] - Cash inflow from financing activities was CNY 1,523,399,135.14, slightly lower than CNY 1,540,548,268.21 in the previous period, with a net cash flow of CNY 283,540,578.91[46] - The ending balance of cash and cash equivalents was CNY 1,243,733,998.44, compared to CNY 1,411,045,687.48 at the end of the previous period[46] - The company reported a net increase in cash and cash equivalents of CNY 128,038,648.83, a decrease from CNY 659,911,352.07 in the previous period[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,529,076,108.28, a decrease of 0.36% from ¥12,575,066,018.35 at the end of the previous year[4] - Total liabilities decreased to CNY 5,780,224,978.27 from CNY 5,920,318,086.00, indicating a reduction of about 2.4%[33] - The company's total equity increased to CNY 6,748,851,130.01 from CNY 6,654,235,896.08, representing a growth of approximately 1.4%[33] - Current assets totaled CNY 4,526,373,822.12 as of March 31, 2020, compared to CNY 4,386,825,820.23 at the end of 2019, reflecting an increase of approximately 3.2%[34] - The company's long-term investments increased to CNY 3,273,393,930.74 from CNY 3,170,481,730.74, showing a growth of approximately 3.3%[35] - The total liabilities to equity ratio improved to approximately 0.86 from 0.89, indicating a stronger equity position[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,928[7] - The largest shareholder, Wu Lanlan, holds 50.92% of the shares, while the second-largest shareholder, Wang Huajun, holds 11.13%[7] - The company has not conducted any repurchase transactions among the top ten shareholders during the reporting period[10] Operational Highlights - The company reported non-operating income of ¥25,070,146.80 during the reporting period[6] - The company established a wholly-owned subsidiary, Vietnam Yuhua Packaging Technology Co., Ltd., with a registered capital of USD 2 million on January 13, 2020[14] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36] Expense Management - Financial expenses decreased by 62.97% to CNY 27,115,861.05 from CNY 73,225,857.39, attributed to fluctuations in exchange gains and losses in the previous year[13] - The company's employee compensation payable decreased by 37.00% to CNY 166,070,289.41 from CNY 263,587,531.86, mainly due to the payment of year-end bonuses during the reporting period[13] - The company’s tax payable decreased by 62.38% to CNY 30,184,769.44 from CNY 80,246,208.65, primarily due to the payment of taxes accrued from the previous year[13] - The company reported a decrease in other income to CNY 18,796,522.33 from CNY 29,378,517.42 in the previous year[38] - The tax expenses for Q1 2020 were CNY 32,371,234.03, an increase from CNY 25,737,849.94 in the same period last year[39] Inventory and Receivables - Accounts receivable decreased to 3,271,320,077.36 CNY from 4,069,257,039.07 CNY, indicating a reduction of about 20%[30] - Inventory increased to 1,084,201,053.23 CNY from 1,011,317,036.27 CNY, showing an increase of approximately 7.2%[30] - Other receivables rose by 84.38% to CNY 146,132,270.53 from CNY 79,254,359.21, mainly due to payments for transaction intention fees during the reporting period[13] - The inventory increased to CNY 234,157,254.90 from CNY 214,817,808.24, reflecting a growth of approximately 9.0%[34] Accounting and Compliance - The company has not classified any non-recurring gains and losses as recurring during the reporting period[6] - There were no instances of non-compliance with external guarantees during the reporting period[27] - The company has implemented new revenue and leasing standards, affecting the recognition of contract liabilities[54] - The first quarter report was not audited, indicating a preliminary financial assessment[55]