蓝英装备(300293) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥343,300,016.79, a decrease of 15.93% compared to ¥408,338,456.10 in the same period last year[8] - Net profit attributable to shareholders was -¥18,145,132.40, representing a decline of 287.69% from ¥9,667,768.37 in the previous year[8] - Basic and diluted earnings per share were both -¥0.0672, down 287.71% from ¥0.0358 in the previous year[8] - The total profit for the period was -18.29 million yuan, reflecting a decrease of 212.17% due to the impact of the pandemic on revenue and operating profit[16] - The company reported a basic loss per share of CNY -0.0672 in Q1 2020, compared to earnings of CNY 0.0358 in Q4 2019[42] - The net profit for Q1 2020 was a loss of ¥18,480,641.44, compared to a loss of ¥5,011,932.83 in Q1 2019, reflecting a significant increase in losses[46] - The total comprehensive loss for Q1 2020 was ¥18,480,641.44, which is a significant increase from the loss of ¥5,011,932.83 in the previous year[47] Cash Flow and Liquidity - The net cash flow from operating activities was ¥22,443,042.87, a significant improvement from -¥63,440,108.98 in the same period last year, marking a 135.38% change[8] - The company’s cash flow from operating activities saw a decrease of 53.37%, amounting to 55.26 million yuan, due to reduced performance bond pledged funds[17] - The company reported a cash and cash equivalents balance of ¥196,160,821.60 at the end of Q1 2020, compared to ¥177,884,347.13 at the end of Q1 2019[50] - The total cash and cash equivalents at the end of the period decreased to 8,538,016.56 CNY from 28,905,495.98 CNY year-over-year, reflecting a decline of approximately 70.5%[54] - The company reported a net decrease in cash and cash equivalents of 37,241,168.79 CNY during the quarter, contrasting with an increase of 14,991,070.08 CNY in the same period last year[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,368,321,993.51, an increase of 1.21% from ¥2,339,902,008.29 at the end of the previous year[8] - The total liabilities rose from ¥1,382,782,161.37 to ¥1,437,504,789.29, an increase of approximately 4.0%[33] - The company's equity decreased from ¥957,119,846.92 to ¥930,817,204.22, a decline of about 2.8%[34] - The total assets decreased to CNY 1.53 billion as of March 31, 2020, from CNY 1.59 billion at the end of 2019[38] - The total current assets decreased by 9,185,120.20 CNY, from 1,392,749,526.49 CNY to 1,383,564,406.29 CNY[57] - The total liabilities decreased to CNY 898.7 million in Q1 2020, compared to CNY 939.1 million in Q4 2019[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,813[11] - The largest shareholder, Shenyang Blue Ying Automatic Control Co., Ltd., held 34.07% of the shares, amounting to 91,980,800 shares, with 58,003,754 shares pledged[11] - The company did not engage in any repurchase transactions during the reporting period[12] Research and Development - Research and development expenses increased by 45.83% to 17.48 million yuan due to increased investment in R&D[16] - Research and development expenses increased to CNY 17.5 million in Q1 2020, up 46.5% from CNY 12.0 million in Q4 2019[40] - Research and development expenses rose to ¥7,975,245.97, up 79.5% from ¥4,461,012.21 in the previous year, indicating a strong focus on innovation[45] Operational Insights - The company is closely monitoring the impact of the COVID-19 pandemic on market expansion and is prepared to adjust its regional and structural layout accordingly[22] - The company has not reported any significant changes in the distribution of its top five customers' industries, indicating stable customer relationships[22] - The company's top five suppliers accounted for a total procurement amount of 14.37 million yuan, with no significant changes impacting operations[21] - The total sales amount from the top five customers is ¥45,979,612.21, with the largest customer contributing ¥12,061,881.75[22] Financial Management - The company incurred financial expenses of ¥7,592,799.58, down 34.9% from ¥11,659,354.46 in the previous year, suggesting improved cost management[45] - The cash outflow for debt repayment was 138,550,000.00 CNY, compared to 129,065,000.00 CNY in the previous year, showing an increase of approximately 15.5%[54] - The company received government subsidies amounting to ¥825,263.67 during the reporting period[9] Regulatory and Reporting Changes - The company has not yet audited the first quarter report, indicating that the figures may be subject to change[64] - The company implemented new revenue and leasing standards starting in 2020, which may affect future financial reporting[63]