星网锐捷(002396) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥1,079,960,399.27, a decrease of 15.82% compared to ¥1,282,863,597.56 in the same period last year[8] - The net profit attributable to shareholders was -¥55,145,830.36, representing a decline of 668.88% from -¥7,172,195.86 year-on-year[8] - The basic earnings per share were -¥0.0945, down 668.29% from -¥0.0123 in the same period last year[8] - The company reported a net profit for the quarter was a loss of CNY 119,874,344.94, compared to a loss of CNY 34,293,425.44 in the same period last year[63] - The total comprehensive income attributable to the parent company is approximately -¥54.07 million, worsening from -¥8.17 million in the previous period[66] Cash Flow - The net cash flow from operating activities was -¥1,381,275,979.42, a decrease of 61.07% compared to -¥857,580,925.35 in the previous year[8] - The cash flow from operating activities shows a net outflow of approximately ¥1.38 billion, compared to a net outflow of ¥857.58 million in the previous period, indicating increased cash burn[77] - The company received cash from operating activities totaling approximately ¥1.45 billion, down from ¥2.09 billion in the previous period[74] - The cash inflow from operating activities totaled 377,033,355.66, up from 348,491,947.52, indicating improved sales and service revenue[81] - The cash outflow from operating activities decreased to 195,228,059.79 from 309,366,583.76, showcasing better cost management[81] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,069,283,935.00, a decrease of 7.60% from ¥7,650,633,765.03 at the end of the previous year[8] - The company's current assets totaled CNY 5,168,495,728.19, down from CNY 5,978,336,958.89, indicating a decrease of about 13.5%[41] - Total liabilities decreased to CNY 2,357,503,012.81 from CNY 2,814,118,076.17, a reduction of about 16.2%[47] - Total equity reached ¥4,836,515,688.86, reflecting a decrease of ¥8,816,850.03 compared to the prior period[1] - The company's equity attributable to shareholders decreased to CNY 4,169,602,870.39 from CNY 4,226,728,082.73, a decline of approximately 1.4%[50] Investments and Financing - Investment activities generated a net cash flow of -¥339,446,555.28, a decrease of 630.94% compared to the previous year due to net outflows from wealth management product purchases[27] - Financing activities produced a net cash flow of ¥367,999,119.24, an increase of 247,261.88% compared to the previous year due to increased short-term bank borrowings[27] - The cash inflow from financing activities was 367,999,119.24, a significant improvement from -148,889.92, indicating successful fundraising efforts[80] - Cash outflow from financing activities reached 1,035,000,000.00, compared to 518,187,042.93 in the previous period, indicating higher debt repayments[84] Operational Metrics - Total operating costs amounted to CNY 1,298,440,192.47, down from CNY 1,468,175,537.91, reflecting a reduction of 11.6%[60] - Research and development expenses were CNY 227,677,699.41, slightly down from CNY 233,718,401.34, showing a decrease of 2.6%[60] - The company reported a decrease in sales expenses to CNY 239,083,876.27 from CNY 250,895,456.07, a reduction of 4.7%[60] - The company reported a non-operating income of ¥5,431,657.84 after accounting for tax and minority interests[8] Government Support - The company received government subsidies amounting to ¥10,156,015.78 during the reporting period, primarily from various government support programs[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,584[12]