国林科技(300786) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥60,050,660.12, a decrease of 32.81% compared to ¥89,378,984.41 in the same period last year[7] - Net profit attributable to shareholders was ¥10,109,620.55, down 35.79% from ¥15,744,443.68 year-on-year[7] - Net profit after deducting non-recurring gains and losses was ¥6,568,590.50, a decline of 58.16% compared to ¥15,700,607.94 in the previous year[7] - Basic and diluted earnings per share were both ¥0.19, representing a decrease of 51.28% from ¥0.39 in the same period last year[7] - The company reported a revenue of ¥60,050,660.12, a decrease of 32.81% compared to the same period last year, primarily due to the impact of the COVID-19 pandemic[18] - The company's operating revenue for Q1 2020 was CNY 58,887,592.14, a decrease from CNY 85,010,012.58 in the previous period[49] - The net profit for Q1 2020 was CNY 10,116,398.27, down from CNY 16,110,717.47 in the same period last year, representing a decline of approximately 37%[47] - The total profit for Q1 2020 was CNY 11,392,535.53, a decrease from CNY 18,701,995.84 in the previous year[47] Cash Flow - The net cash flow from operating activities was -¥4,186,865.72, an improvement of 29.63% from -¥5,950,114.45 in the previous year[7] - The net cash flow from investing activities was -¥24,179,945.09, a significant increase in cash outflow compared to -¥2,151,287.10 in the same period last year, primarily due to increased cash management expenses[17] - The net cash flow from financing activities was -8,201,634.58 CNY, compared to -657,937.49 CNY in the previous period[55] - The total cash outflow for operating activities was 89,364,892.90 CNY, leading to a net cash flow of -6,205,103.57 CNY[58] - The company reported a total cash inflow from operating activities of 85,477,031.30 CNY[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥950,717,096.48, down 2.67% from ¥976,844,812.12 at the end of the previous year[7] - Total liabilities amounted to CNY 171,098,290.15, down 17.0% from CNY 206,264,398.46 in the previous quarter[38] - Current liabilities totaled CNY 204,147,461.75, including short-term loans of CNY 23,000,000.00 and accounts payable of CNY 89,042,461.44[63] - The company's total liabilities reached CNY 206,264,398.46, with non-current liabilities at CNY 2,116,936.71[64] Shareholder Information - The company reported a total of 9,157 common shareholders at the end of the reporting period[11] - The top shareholder, Ding Xiangpeng, holds 34.37% of the shares, totaling 18,356,000 shares[12] - Net assets attributable to shareholders increased by 1.32% to ¥777,898,920.00 from ¥767,789,299.45 at the end of the previous year[7] - The total equity attributable to shareholders was CNY 777,898,920.00, an increase from CNY 767,789,299.45[38] Expenses and Income - The company received other income of ¥4,109,600.00 during the reporting period, mainly from government subsidies[17] - The company’s tax expenses decreased by 50.75% to ¥1,276,137.26, reflecting a reduction in profit due to the pandemic[17] - Research and development expenses for Q1 2020 were CNY 4,065,996.62, slightly down from CNY 4,102,592.40 in the previous period[46] - The company reported a financial expense of CNY -554,054.46, with interest income of CNY 750,203.91 and interest expense of CNY 189,937.91[46] Fund Management - The total amount of raised funds is CNY 30,849.80 million, with CNY 4,355.60 million invested in the current quarter[27] - Cumulative amount of changed use of raised funds reached CNY 10,308.30 million, representing approximately 33.4% of the total raised funds[28] - The company has temporarily used CNY 20.00 million of idle raised funds to supplement working capital, with a usage period not exceeding 12 months[29] - The company has not reported any violations regarding the use and management of raised funds during the reporting period[29] Accounting Standards - The company has implemented new accounting standards for revenue and leases, impacting the presentation of financial data[71] - The company reclassified pre-received sales payments from "prepayments" to "contract liabilities" as per the new revenue recognition standards effective January 1, 2020[65]