铂科新材(300811) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥70,654,013.66, a decrease of 12.75% compared to ¥80,979,790.90 in the same period last year[8] - Net profit attributable to shareholders was ¥8,605,222.26, down 49.99% from ¥17,206,738.51 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥8,999,145.37, a decrease of 40.19% compared to ¥15,046,404.66 in the previous year[8] - Basic and diluted earnings per share were both ¥0.15, down 62.50% from ¥0.40 in the previous year[8] - Operating revenue for the current period was ¥71,725,922.35, a decrease of 12% compared to ¥81,485,918.21 in the previous period[80] - Operating profit decreased to ¥11,235,312.45, down 34% from ¥17,013,374.16 in the previous period[83] - Net profit for the current period was ¥8,941,152.46, a decline of 39% compared to ¥14,743,922.17 in the previous period[86] Cash Flow - Net cash flow from operating activities was -¥1,354,816.85, a decline of 111.36% from ¥11,929,814.92 in the same period last year[8] - Cash and cash equivalents decreased by 89.46% to 38.68 million yuan due to investments in financial products and payment of procurement costs[22] - Cash flow from operating activities was negative at -¥1,354,816.85, compared to a positive cash flow of ¥11,929,814.92 in the previous period[90] - The net cash flow from operating activities was -4,903,442.57 CNY, a decrease from 5,750,744.60 CNY in the previous period[94] - Cash inflow from operating activities totaled 43,507,094.82 CNY, down from 52,833,568.55 CNY in the previous period[94] Assets and Liabilities - Total assets at the end of the reporting period were ¥897,164,872.05, a decrease of 2.88% from ¥923,813,887.00 at the end of the previous year[8] - The company's total current assets amounted to ¥642,475,546.38, down from ¥674,125,511.85 at the end of 2019, indicating a decrease of about 4.7%[54] - The company's total liabilities decreased to ¥114,894,683.08 from ¥150,148,920.29, a reduction of about 23.4%[60] - Total liabilities decreased to CNY 90,691,512.73 from CNY 124,624,295.83, showing improved financial leverage[70] Investment Activities - The company received 217.28 million yuan from investment activities, a 1349.50% increase due to the redemption of financial products[25] - Total cash inflow from investment activities was ¥217,866,618.39, significantly higher than ¥15,023,053.48 in the previous period[90] - Total cash outflow from investment activities was ¥527,468,380.05, compared to ¥17,608,225.41 in the previous period[90] - The net cash flow from investment activities was -309,576,317.88 CNY, compared to -994,711.54 CNY in the previous period[97] Research and Development - Research and development expenses increased to CNY 4,968,115.83 from CNY 4,045,981.06, highlighting a focus on innovation[73] - The company aims to enhance R&D and innovation capabilities to improve product competitiveness and adapt to market changes[32] - The company plans to optimize its R&D system and improve the efficiency of resource utilization to enhance product development and confidentiality measures[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,950, with the largest shareholder holding 27.87% of the shares[11] - The company has not encountered any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[41] - There were no non-operational fund occupations by controlling shareholders or related parties during the reporting period[50] Government Support - The company received government subsidies amounting to ¥304,496.38 during the reporting period[8] Operational Challenges - The company’s capacity utilization decreased due to lower production and sales volumes, leading to increased unit costs[26] - The company plans to strengthen cash flow and internal control management to enhance risk resistance amid uncertain external conditions[32] - The company aims to enhance its management system and internal control to address risks associated with rapid expansion[36]