吉峰科技(300022) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥355,998,389.49, a decrease of 10.44% compared to ¥397,512,148.72 in the same period last year[7] - Net profit attributable to shareholders was -¥11,676,948.67, representing a 69.19% improvement from -¥37,901,376.53 year-on-year[7] - The company reported a net loss excluding non-recurring items of -¥12,128,185.79, a 9.62% increase in loss compared to -¥11,063,632.43 last year[7] - Net profit decreased by 429.92% year-on-year to CNY -6,338,069.28, attributed to share-based payment expenses in Q1 2019[16] - Operating profit fell by 1237.37% year-on-year to CNY -2,245,772.87, also impacted by share-based payment expenses in Q1 2019[16] - The net loss for the period was CNY 6,908,842.95, compared to a loss of CNY 155,598.79 in the previous period[33] - The total profit for Q1 2020 was a loss of CNY 2,389,971.31, significantly improved from a loss of CNY 30,088,349.39 in the previous year[34] - The total comprehensive income for Q1 2020 was a loss of CNY 6,338,069.28, compared to a loss of CNY 33,586,616.71 in the same period last year[35] Cash Flow - Net cash flow from operating activities increased significantly by 475.69% to ¥86,424,128.28, compared to ¥15,012,218.83 in the previous year[7] - Cash flow from operating activities increased by 82.63% year-on-year to CNY 86,424,128.28, mainly due to reduced payments for goods[16] - The cash flow from operating activities for Q1 2020 was CNY 554,110,678.28, down from CNY 603,685,075.39 in the previous period[41] - The company reported a cash inflow from other operating activities of CNY 4,542,622.59, down from CNY 6,167,743.96 in the previous period[41] - The cash outflow from operating activities totaled ¥467,686,550.00, down from ¥588,672,856.56 in the previous year, showing a decrease of approximately 20.5%[42] - The total cash inflow from financing activities was ¥332,619,536.19, compared to ¥270,908,854.59 in the previous year, indicating an increase of about 22.8%[43] - The net cash flow from financing activities was -¥53,470,522.58, slightly improved from -¥57,082,187.86 in Q1 2019[43] - The company experienced a net decrease in cash and cash equivalents of ¥32,720,942.90 in Q1 2020, contrasting with a decrease of -¥20,040,479.05 in Q1 2019[43] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,146,990,317.50, up 22.32% from ¥1,755,253,830.20 at the end of the previous year[7] - Total assets increased to CNY 2,146,990,317.50 from CNY 1,755,253,830.20, reflecting growth in current assets[25] - Total liabilities increased to CNY 914,440,848.43 from CNY 847,797,018.34[30] - Total liabilities amounted to CNY 1,468,345,196.81, with current liabilities at CNY 1,446,779,696.16[50] - The total owner's equity was CNY 286,908,633.39, including a negative retained earnings of CNY -524,018,692.83[50] - Current assets totaled CNY 746,752,165.55, with cash and cash equivalents at CNY 214,165,973.07[51] - Non-current assets were valued at CNY 370,289,182.63, contributing to total assets of CNY 1,117,041,348.18[52] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,739[11] - The largest shareholder, Wang Xinming, held 12.27% of shares, amounting to 46,642,595 shares, with 34,981,946 shares pledged[11] Operational Metrics - The weighted average return on net assets was -15.17%, an improvement of 4.02% from -19.19% in the same period last year[7] - The company’s long-term borrowings decreased by 60.87% year-on-year to CNY 5,762,499.88, due to repayment of loans[16] - The company’s management expenses decreased by 235.01% year-on-year to CNY 17,483,601.84, primarily due to the absence of share-based payment expenses[16] - Total operating costs for Q1 2020 were CNY 352,345,448.82, down from CNY 429,633,028.22 in the previous period[33] - The company reported a decrease in operating costs to CNY 96,670,310.00 from CNY 138,925,720.00 in the previous year[37] Other Financial Information - The company received government subsidies amounting to ¥730,068.32 during the reporting period[8] - The company recorded an investment income of CNY 358,525.27, a significant drop from CNY 23,713,032.96 in the previous year[37] - The financial expenses for Q1 2020 were CNY 4,864,561.83, slightly increased from CNY 4,862,002.11 in the previous period[37] - The company has adopted new revenue and lease standards starting in 2020, which may affect future financial reporting[53] - The first quarter report was not audited, indicating potential limitations in the reliability of the financial data presented[53]