建车B(200054) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥159,386,309.82, a decrease of 23.53% compared to ¥208,419,491.98 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥24,237,509.94, representing a 54.33% increase in loss compared to a loss of ¥15,704,995.56 in the previous year[9] - The basic earnings per share for the reporting period was -¥0.2030, a 54.26% increase in loss compared to -¥0.1316 in the same period last year[9] - The total profit for Q1 2020 was a loss of CNY 24,237,509.94, compared to a loss of CNY 15,499,661.80 in the same period last year, indicating a deterioration of approximately 56.2%[38] - The company's total operating costs for Q1 2020 were CNY 179,331,350.56, a decrease from CNY 222,452,818.78 in the same period last year, representing a reduction of approximately 19.4%[38] Cash Flow - The net cash flow from operating activities was ¥21,163,192.63, down 28.19% from ¥29,472,232.97 in the same period last year[9] - Cash received from sales of goods and services in Q1 2020 was CNY 100,524,193.14, compared to CNY 88,800,738.74 in the previous period, showing an increase of approximately 13.5%[44] - The cash flow from operating activities was impacted by a rise in cash payments for goods and services, which increased to CNY 50,687,714.14 from CNY 31,521,904.01, a growth of 60.7%[45] - The net cash flow from financing activities was negative at CNY -20,561,612.33, worsening from CNY -13,244,385.99 in the previous year[46] - The company incurred cash outflows of CNY 278,622,962.30 in financing activities, which is an increase from CNY 259,250,811.04 in the previous year[46] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,099,678,778.64, a decrease of 7.60% from ¥1,190,147,356.58 at the end of the previous year[9] - Current assets decreased from CNY 572,557,191.62 to CNY 493,336,781.72, a reduction of about 13.9%[30] - Total liabilities decreased from CNY 1,017,974,625.97 to CNY 951,743,557.97, a decrease of about 6.5%[31] - The company’s total equity decreased from CNY 172,172,730.61 to CNY 147,935,220.67, a decline of about 14.0%[32] - Current liabilities totaled ¥513,288,316.24, indicating a significant portion of total assets is financed through liabilities[53] Impact of COVID-19 - The company's production and sales were significantly impacted by the COVID-19 pandemic, leading to a 22.61% decline in product sales[16] - The company's financial expenses for Q1 2020 were CNY 7,033,903.55, an increase from CNY 4,156,200.11 in Q1 2019, representing a rise of about 69.5%[38] Investments and R&D - The company's research and development expenses in Q1 2020 were CNY 3,114,978.09, slightly down from CNY 3,296,251.21 in Q1 2019, showing a decrease of approximately 5.5%[38] - The investment loss for Q1 2020 was CNY 4,384,333.17, compared to a loss of CNY 1,752,567.83 in the same period last year, indicating a significant increase in losses[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,696[12] - Owner's equity was reported at ¥75,497,950.99, reflecting a negative retained earnings of ¥1,128,138,143.30[53] Audit and Standards - The company has not undergone an audit for the first quarter report[56] - The company adopted new revenue and leasing standards starting in 2020, with no changes to revenue recognition methods[55]