日丰股份(002953) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥256,348,026.68, representing a decrease of 20.05% compared to ¥320,635,550.83 in the same period last year[7] - Net profit attributable to shareholders was ¥14,882,514.45, down 23.55% from ¥19,467,880.60 year-on-year[7] - Basic and diluted earnings per share decreased by 40.00% to ¥0.09 from ¥0.15 in the same period last year[7] - Total operating revenue for Q1 2020 was CNY 256,348,026.68, a decrease of 20% compared to CNY 320,635,550.83 in Q1 2019[33] - Net profit for Q1 2020 was CNY 14,852,828.21, a decline of 23.5% from CNY 19,467,880.60 in Q1 2019[35] - The operating profit for Q1 2020 was approximately ¥17.72 million, down 27.3% from ¥24.36 million in Q1 2019[37] Cash Flow - The net cash flow from operating activities was negative at -¥6,377,271.02, a decline of 164.80% compared to ¥9,840,953.37 in the previous year[7] - The company reported a net cash flow from operating activities of -¥6,377,271.02, a decline of 164.80% compared to ¥9,840,953.37 in the same period last year[14] - The total cash inflow from operating activities was approximately ¥234.96 million, down 32.5% from ¥349.17 million in the previous year[41] - The total cash outflow from operating activities was approximately ¥241.34 million, a decrease from ¥339.33 million in the same period last year[42] - The company reported an investment cash outflow of approximately ¥141.33 million, compared to ¥3.49 million in the previous year[42] - The net cash flow from investing activities was -CNY 40,581,601.89, indicating a decrease compared to the previous quarter[46] - The net cash flow from financing activities was -CNY 9,600,817.21, showing a significant reduction from -CNY 14,204,065.38 in the previous quarter[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,184,706,268.10, down 4.98% from ¥1,246,798,338.71 at the end of the previous year[7] - Total assets as of March 31, 2020, were ¥1,184,706,268.10, down from ¥1,246,798,338.71 at the end of 2019[26] - Total liabilities decreased to ¥226,056,809.08 from ¥305,787,096.90, reflecting a reduction in short-term borrowings and accounts payable[27] - The company's total assets decreased to CNY 1,160,790,727.65 as of March 31, 2020, down from CNY 1,248,628,870.27 at the end of 2019[31] - The company's total liabilities decreased to CNY 196,283,262.93, down from CNY 300,170,317.07 in the previous period[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,509[10] - The largest shareholder, Feng Jiuqing, holds 61.11% of the shares, amounting to 105,162,899 shares, with 6,500,000 shares pledged[10] Operational Impact - Total revenue for Q1 2020 was ¥256,348,026.68, a decrease of 20.05% compared to ¥320,635,550.83 in Q1 2019, primarily due to delays in operations caused by the COVID-19 pandemic[14] - Net profit for Q1 2020 was ¥14,852,828.21, down 23.71% from ¥19,467,880.60 in Q1 2019, also impacted by the pandemic[14] - Accounts payable decreased by 35.21% to ¥130,239,226.68 from ¥201,009,206.09, attributed to reduced procurement during February and March due to the pandemic[14] Research and Development - Research and development expenses for Q1 2020 were CNY 11,652,353.36, slightly up from CNY 11,005,209.26 in the previous year[34] - The company's R&D expenses for Q1 2020 were approximately ¥11.65 million, slightly up from ¥11.01 million in the same period last year[37] Inventory and Receivables - The company maintained a strong inventory level of CNY 155,058,691.73, indicating effective inventory management[49] - The company’s receivables from accounts amounted to CNY 363,533,099.14, showing a slight increase from the previous period[55] Accounting Standards - The company has implemented new revenue and leasing standards starting January 1, 2020, which may impact future financial reporting[52] - The company has implemented the new revenue recognition standards starting January 1, 2020, but no adjustments were necessary for the balance sheet[58] Audit Status - The first quarter report was not audited[59]