米奥会展(300795) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥12,106,812.51, a decrease of 46.46% compared to ¥22,613,894.91 in the same period last year[8] - Net profit attributable to shareholders was -¥20,704,601.04, an improvement of 6.63% from -¥22,174,660.15 year-on-year[8] - Basic and diluted earnings per share improved by 30.00% to -¥0.21 from -¥0.30 in the same period last year[8] - The company's net profit for Q1 2020 was -21,137,222.42 CNY, compared to -21,950,260.91 CNY in the same period last year, showing a slight improvement[39] - The company reported a net profit of CNY 22,875,883.48 for Q1 2020, a significant decrease from CNY 112,512,946.23 in the previous period[35] - The total comprehensive income for Q1 2020 was -20,044,074.32 CNY, compared to -22,267,881.28 CNY in Q1 2019, reflecting a reduction in losses[40] Cash Flow - Net cash flow from operating activities was -¥25,748,530.93, slightly worse than -¥25,398,274.57 in the previous year, a decrease of 1.38%[8] - Cash flow from operating activities was 40,754,610.24 CNY, down from 57,319,061.73 CNY in the previous year, highlighting a decline in cash generation[46] - The total cash outflow from operating activities was 119,591,975.38 yuan, while cash inflow was 97,759,530.95 yuan, resulting in a net cash outflow of 21,832,444.43 yuan[50] - The company reported a cash outflow of 2,018,218.00 yuan from investing activities, a significant decrease from 14,999,805.83 yuan in the previous period[51] - The total operating cash inflow decreased by approximately 37.9% from 157,346,351.17 yuan to 97,759,530.95 yuan[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥646,397,124.93, down 2.09% from ¥660,193,235.01 at the end of the previous year[8] - Total liabilities increased to CNY 186,097,047.35 from CNY 79,488,062.52 year-over-year[35] - The total assets as of March 31, 2020, amount to 646,397,124.93 yuan, a decrease from 660,193,235.01 yuan as of December 31, 2019[30] - The company's total equity decreased to CNY 450,024,158.63 from CNY 539,661,221.38 year-over-year[35] - Total current assets amounted to 539,054,280.44, with cash and cash equivalents at 514,273,311.15[56] Shareholder Information - The company had a total of 11,935 common shareholders at the end of the reporting period[11] - The largest shareholder, Pan Jianjun, held 23.55% of the shares, totaling 23,587,719 shares[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] Research and Development - Research and development expenses increased by 88.72% to CNY 3.39 million, reflecting the company's commitment to enhancing digital exhibition capabilities[15] - Research and development expenses increased to CNY 3,388,873.56 from CNY 1,795,688.81 year-over-year, indicating a focus on innovation[42] Operational Adjustments - The company has launched a digital exhibition platform, "Miaolante Digital Exhibition - Online Trade MAX," to support domestic and foreign trade enterprises amid the pandemic[16] - The company is actively monitoring the global economic environment and adjusting its marketing strategies to enhance its core competitiveness[17] - The company plans to continue enhancing its digital exhibition services to mitigate the impacts of the pandemic on its operations[17] Other Financial Metrics - Non-recurring gains and losses totaled ¥2,452,793.58 for the reporting period[9] - The company reported a credit impairment loss of 132,804.15 CNY, an increase from 30,020.87 CNY in the previous year, suggesting rising credit risk[43] - The company reported a significant increase in other payables, rising by 1525.69% to CNY 105.50 million, primarily due to dividend payments[15]