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 excluding non-recurring gains and losses was ¥6,568,590.50, a decline of 58.16% from ¥15,700,607.94 in the previous year[7] - Basic and diluted earnings per share were both ¥0.19, down 51.28% from ¥0.39 in the previous year[7] - The weighted average return on equity was 1.31%, a decrease of 2.56% from 3.87% in the same period last year[7] - The company's operating revenue for the first quarter was ¥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 reported a net cash inflow from operating activities of CNY 77,377,924.00 in Q1 2020, compared to CNY 88,628,615.51 in Q1 2019[53] - The total profit for Q1 2020 was CNY 11,392,535.53, a decrease of 39.0% from CNY 18,701,995.84 in the previous year[47] - The total comprehensive income for Q1 2020 was CNY 10,116,398.27, compared to CNY 16,110,717.47 in Q1 2019, indicating a decline of 37.2%[48] Cash Flow and Assets - The net cash flow from operating activities was -¥4,186,865.72, an improvement of 29.63% compared to -¥5,950,114.45 in the same period last year[7] - The company reported a net cash outflow from investing activities of ¥24,179,945.09, a significant increase of 1,023.98% compared to the same period last year, due to increased cash management payments[17] - The total cash inflow from investment activities was 111,015,219.18 CNY, with cash outflow amounting to 135,195,164.27 CNY, resulting in a net cash flow of -24,179,945.09 CNY[55] - As of March 31, 2020, cash and cash equivalents amounted to CNY 202,853,881.21, a decrease from CNY 239,355,426.60 as of December 31, 2019[35] - 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] - Current assets totaled CNY 759,740,964.40, a slight decrease from CNY 787,004,229.56 at the end of the previous quarter[36] - The company’s non-current assets totaled CNY 190,976,132.08, slightly up from CNY 189,840,582.56[36] Liabilities and Equity - Total liabilities amounted to CNY 171,098,290.15, down 17.0% from CNY 206,264,398.46 in the previous quarter[38] - The company reported a decrease in accounts payable to CNY 74,638,850.58 from CNY 89,042,461.44[37] - The company's total liabilities reached CNY 206,264,398.46, with non-current liabilities at CNY 2,116,936.71[64] - Shareholders' equity was reported at CNY 770,580,413.66, with a capital reserve of CNY 406,997,816.77 and retained earnings of CNY 280,050,128.99[64] - The total equity attributable to shareholders was CNY 756,799,077.52, reflecting a stable financial position[70] Operational Adjustments and Strategies - The company actively responded to the pandemic by enhancing communication with major customers and adjusting production schedules to mitigate adverse impacts on operations[24] - The company has not disclosed any new product developments or market expansion strategies in this report[72] Research and Development - Research and development expenses for Q1 2020 were CNY 4,065,996.62, slightly down from CNY 4,102,592.40 in Q1 2019[49] Fund Management - The total amount of raised funds is CNY 30,849.80 million, with CNY 4,329.67 million invested in the current quarter[27] - Cumulative amount of raised funds that have been redirected is CNY 10,282.37 million, representing a significant portion of the total[27] - 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 disclosed that there are no violations regarding the management and use of raised funds during the reporting period[29] Supplier and Customer Concentration - The total amount of the top five suppliers accounted for 26.77% of total purchases, indicating no reliance on a single supplier[21] - The total revenue from the top five customers was ¥1,985,210.00, representing 33.06% of total revenue, indicating no reliance on a single customer[23]