奥克股份(300082) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥732,617,072.66, a decrease of 49.35% compared to ¥1,446,461,061.90 in the same period last year[8] - Net profit attributable to shareholders was ¥11,539,421.69, down 79.94% from ¥57,526,460.47 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥7,580,737.15, representing an 86.24% decline from ¥55,074,233.39 in the previous year[8] - Basic earnings per share decreased by 80.00% to ¥0.0170 from ¥0.085[8] - Net profit decreased by 48.52 million yuan, a drop of 79.23%, primarily due to reduced product sales volume and increased inventory impairment losses[22] - Total operating revenue for Q1 2020 was CNY 732,617,072.66, a decrease of 49.6% compared to CNY 1,446,461,061.90 in the same period last year[41] - Net profit for Q1 2020 was CNY 12,721,594.78, a decline of 79.2% compared to CNY 61,238,924.49 in Q1 2019[42] - The total comprehensive income for the first quarter amounted to CNY 30,310,398.74, a decrease of 78.6% compared to CNY 6,476,994.86 in the previous period[50] Cash Flow - Operating cash flow for the period was negative at -¥133,819,113.47, a 139.12% decrease from ¥342,088,893.25 in the same period last year[8] - Cash flow from operating activities decreased by 475.91 million yuan, reflecting reduced sales revenue and operating cash inflows[22] - Operating cash inflow for the first quarter was CNY 789,689,457.32, down 46.4% from CNY 1,471,073,181.53 in the same period last year[50] - The net cash flow from operating activities was negative at CNY -133,819,113.47, compared to a positive CNY 342,088,893.25 in the previous year[50] - Cash flow from investment activities showed a net outflow of CNY -44,208,640.57, compared to a net outflow of CNY -27,563,963.16 in the same period last year[51] - Cash flow from financing activities resulted in a net inflow of CNY 97,771,411.91, a significant improvement from a net outflow of CNY -393,291,505.45 in the previous year[51] - The company’s cash outflow for operating activities totaled CNY 923,508,570.79, down from CNY 1,128,984,288.28 in the previous year[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,801,453,406.29, a decline of 1.66% from ¥4,882,429,193.03 at the end of the previous year[8] - The company's current assets totaled CNY 2,026,522,085.94, slightly down from CNY 2,055,348,854.72 at the end of 2019, indicating a decrease of about 1.4%[32] - Total liabilities decreased to CNY 1,367,468,234.15 from CNY 1,460,808,418.55, a reduction of approximately 6.4%[34] - Total liabilities increased to CNY 505,722,471.36 from CNY 448,630,174.44, reflecting a rise of 12.3% year-on-year[41] - The ending balance of cash and cash equivalents was CNY 228,001,591.89, slightly up from CNY 219,117,483.52 at the end of the previous period[51] Shareholder Information - The company reported a total of 21,394 common shareholders at the end of the reporting period[12] - The largest shareholder, Aoke Holdings Group Co., Ltd., held 53.41% of the shares, totaling 363,386,955 shares[12] - Net assets attributable to shareholders increased by 0.48% to ¥3,238,033,168.42 from ¥3,222,554,595.11 at the end of the previous year[8] - The equity attributable to shareholders of the parent company increased to CNY 3,238,033,168.42 from CNY 3,222,554,595.11, showing a slight increase of about 0.5%[35] Inventory and Receivables - Accounts receivable and financing decreased by 214.53 million yuan, a reduction of 33.12%, primarily due to decreased revenue from the pandemic[20] - Inventory increased by 220.44 million yuan, a growth of 85.72%, mainly due to a decline in product sales during the pandemic[20] - The accounts receivable decreased to CNY 263,460,873.29 from CNY 325,214,886.00, reflecting a decrease of about 19.0%[32] - The inventory increased significantly to CNY 477,599,123.53 from CNY 257,160,290.67, representing a growth of approximately 85.5%[32] Operational Adjustments - The company adjusted its operational strategies in response to the pandemic and fluctuating oil prices, aiming to mitigate market risks[24] - The company plans to continue monitoring and adapting to market conditions to maintain management quality and profitability[24] - The company plans to focus on market expansion and new product development in the upcoming quarters[41] Other Financial Metrics - The weighted average return on equity decreased by 1.49 percentage points to 0.36% from 1.85%[8] - Research and development expenses for Q1 2020 were CNY 8,661,185.15, slightly up from CNY 8,195,671.98 in the previous year[41] - The company reported a credit impairment loss of CNY 3,785,668.74, compared to CNY 1,200,690.19 in Q1 2019[42] - The comprehensive gross profit margin increased by approximately 3 percentage points despite a decline in product sales[24] - The top five suppliers' procurement total increased by 1.03% compared to the same period, which is considered a normal change[24] - The top five customers' revenue share increased by 0.64% compared to the same period, reflecting normal sales variations[24] Compliance and Audit - The company reported no violations regarding external guarantees during the reporting period[28] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[28] - The company did not undergo an audit for the first quarter report[55]