嘉美包装(002969) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥288,261,720.54, a decrease of 49.63% compared to ¥572,275,308.96 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥19,615,999.81, representing a decline of 174.29% from a profit of ¥26,403,840.89 in the previous year[7] - Basic and diluted earnings per share were both -¥0.0206, down 166.88% from ¥0.0308 in the previous year[7] - The total profit for Q1 2020 was a loss of ¥17,197,310.03, compared to a profit of ¥30,569,546.93 in the previous period[39] - The operating profit for Q1 2020 was a loss of ¥16,302,463.61, compared to a profit of ¥30,281,499.57 in the same period last year[39] - The total comprehensive income for Q1 2020 was a loss of ¥19,615,999.81, compared to a profit of ¥26,403,840.89 in the same period last year[39] Cash Flow - The net cash flow from operating activities was negative at ¥103,265,181.99, a decrease of 196.69% compared to ¥106,800,818.54 in the same period last year[7] - The cash flow from operating activities for Q1 2020 was ¥477,517,521.82, down from ¥773,387,277.94 in the previous year[45] - The net cash flow from financing activities decreased by 84.82% to -¥28,582,000.50, primarily due to repayment of long-term loans[15] - The net cash flow from investing activities improved by 49.56%, totaling -¥39,728,666.71, mainly due to reduced fixed asset purchases[15] - The net cash flow from financing activities was -28,582,000.50 CNY, compared to -188,341,288.92 CNY in the previous period, showing an improvement[47] - The net cash flow from investing activities was -39,728,666.71 CNY, an improvement from -78,761,218.92 CNY in the previous period[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,509,185,582.10, a decrease of 7.51% from ¥3,794,250,379.10 at the end of the previous year[7] - The net assets attributable to shareholders were ¥2,060,382,092.10, down 0.94% from ¥2,079,998,091.91 at the end of the previous year[7] - Current assets decreased to CNY 400,042,379.17 from CNY 525,072,568.86 as of the end of 2019[31] - Total liabilities decreased to CNY 780,408,394.61 from CNY 898,674,510.54[34] - Total equity as of March 31, 2020, was CNY 2,148,085,529.84, slightly down from CNY 2,158,642,697.59[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,942[10] - The largest shareholder, China Food Packaging Co., Ltd., holds 48.92% of the shares, totaling 466,005,960 shares[10] Operational Metrics - Operating revenue fell by 49.63% to ¥288,261,720.54, attributed to a decrease in sales[14] - Operating costs decreased by 45.93% to ¥253,155,724.06, also due to lower sales[14] - Accounts receivable decreased by 42.29% to ¥193,552,672.35 due to reduced sales during the reporting period[14] - The company reported a significant reduction in sales expenses, which fell to CNY 3,248,312.43 from CNY 18,751,890.36[37] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥1,676,980.68 for the period[8] - The company incurred financial expenses of ¥5,870,231.45 in Q1 2020, compared to ¥12,308,216.27 in the same period last year[41] - Research and development expenses for Q1 2020 were ¥917,346.47, slightly down from ¥952,320.68 in the previous year[41] - The company reported other income of ¥1,284,266.68 in Q1 2020, compared to ¥37,666.68 in the previous period[41]