贝斯美(300796) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥68,161,117.78, a decrease of 53.00% compared to ¥145,024,586.11 in the same period last year[9] - Net profit attributable to shareholders was ¥865,485.13, down 96.15% from ¥22,462,366.68 year-on-year[9] - The net profit after deducting non-recurring gains and losses was -¥1,644,022.55, a decline of 107.31% compared to ¥22,503,985.13 in the previous year[9] - Basic earnings per share decreased by 96.00% to ¥0.01 from ¥0.25 year-on-year[9] - Operating income fell by 53.00% to ¥68,161,117.78, primarily impacted by the COVID-19 pandemic[16] - Net profit for Q1 2020 was ¥585,676.81, a decline of 97.5% compared to ¥23,556,376.66 in Q1 2019[46] - The company reported a total profit of ¥876,519.78 for Q1 2020, a decrease of 96.7% from ¥26,392,990.56 in the same period last year[46] Cash Flow - The net cash flow from operating activities was -¥19,383,367.31, an improvement of 49.74% from -¥38,566,561.30 in the same period last year[9] - Cash inflow from operating activities was CNY 126,516,023.20, up from CNY 98,576,998.07 in the previous period, representing an increase of approximately 28.4%[53] - Cash outflow from operating activities totaled CNY 145,899,390.51, compared to CNY 137,143,559.37 in the previous period, resulting in a net cash flow from operating activities of CNY -19,383,367.31, an improvement from CNY -38,566,561.30[54] - Cash flow from investing activities resulted in a net outflow of CNY -48,531,595.30, compared to CNY -15,319,382.51 in the previous period, indicating increased investment activity[54] - Cash flow from financing activities generated a net inflow of CNY 43,370,651.18, compared to CNY 34,474,770.94 in the previous period, reflecting a growth of approximately 26.5%[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,186,133,410.02, a decrease of 1.06% from ¥1,198,791,073.40 at the end of the previous year[9] - Total liabilities as of March 31, 2020, were CNY 176,367,817.93, down from CNY 189,421,031.60, a decrease of about 6.9%[38] - Total liabilities increased to ¥118,022,457.88 from ¥81,037,492.84, reflecting a growth of 45.6%[45] - The company's equity totaled CNY 1,009,765,592.09, slightly up from CNY 1,009,370,041.80, indicating a marginal increase of approximately 0.04%[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,337[12] - The largest shareholder, Ningbo Beisimei Investment Holding Co., Ltd., held 27.23% of the shares, amounting to 32,983,722 shares[12] Operational Insights - Accounts receivable decreased by 57.82% to ¥47,459,354.03 due to lower sales revenue[16] - Research and development expenses decreased by 50.96% to ¥4,205,790.78 due to delays in resuming work during the pandemic[16] - The total procurement amount from the top five suppliers decreased by 74.66% to ¥13,180,117.43, accounting for 52.32% of total procurement[18] - Sales revenue from the top five customers decreased by 50.22% to ¥46,920,496.32, representing 68.84% of total revenue[18] - The company plans to enhance its core competitiveness and minimize the impact of the pandemic on operations[18] Risk Management - The company faces risks related to high customer concentration, with the top five customers accounting for 68.84% of sales revenue[21] - The company aims to diversify its customer base to reduce reliance on major clients and mitigate potential operational risks[21] - The company has established a comprehensive safety production system and regularly conducts emergency drills to mitigate safety risks associated with hazardous chemicals[22] Environmental and Compliance - The company emphasizes environmental protection, investing in waste treatment systems to ensure compliance with national and local standards[24] - The company is classified as a national high-tech enterprise, benefiting from a 15% corporate income tax rate, but risks losing this status if it fails to renew its qualification[24] - The company has not reported any violations regarding the use and management of raised funds, ensuring compliance with regulations[30] Fundraising and Investment - The total amount of raised funds is CNY 39,297.76 million, with CNY 4,263.13 million invested in the current quarter, representing 16.21% of the total commitment[28] - The company has not changed the purpose of raised funds, maintaining a 0% change in usage ratio[28] - The company has committed to increasing production capacity and enhancing efficiency to offset potential impacts from changes in tax incentives[25] Miscellaneous - The company has successfully developed new pesticide products and obtained registration for the methomyl raw material[20] - There are no significant changes in project feasibility or non-operating fund occupation by controlling shareholders during the reporting period[32] - The company’s basic earnings per share and diluted earnings per share figures were not disclosed in the provided documents[51] - The company did not undergo an audit for the first quarter report[60]