DOCTORGLASSES CHAIN CO.(300622)2020-04-27 16:00Financial Performance - Total revenue for Q1 2020 was ¥100,992,118.27, a decrease of 33.26% compared to ¥151,323,590.28 in the same period last year[8]. - Net profit attributable to shareholders was -¥5,126,433.76, representing a decline of 142.53% from ¥12,054,054.80 year-on-year[8]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was -¥8,042,493.44, down 178.04% from ¥10,305,877.66 in the previous year[8]. - Basic and diluted earnings per share were both -¥0.0400, a drop of 128.57% compared to ¥0.1400 in the previous year[8]. - The net profit for the first quarter of 2020 was -5.29 million yuan, a decline of 146.31% year-on-year, reflecting the adverse effects of the pandemic on operating performance[24]. - The total comprehensive income for the current period is a loss of ¥4,363,212.57, compared to a profit of ¥10,887,776.78 in the previous period[55]. Cash Flow - Operating cash flow for the period was ¥6,251,111.01, a decrease of 63.35% from ¥17,057,988.83 in the same quarter last year[8]. - The net cash flow from operating activities for the first quarter of 2020 was 6.25 million yuan, a decrease of 63.35% year-on-year, due to reduced cash receipts from sales[24]. - The cash inflow from operating activities was 156,377,409.82 in the previous period, reflecting a decline of approximately 32.5%[61]. - The net cash outflow from operating activities was 17,057,988.83, indicating a decrease of about 63.3%[62]. - The total cash inflow from operating activities was significantly impacted by a decrease in cash received from sales, which was 148,693,056.00 previously[61]. Assets and Liabilities - Total assets at the end of the reporting period were ¥718,881,533.35, an increase of 7.62% from ¥668,003,716.12 at the end of the previous year[8]. - Current assets increased to CNY 578,326,710.64 from CNY 501,928,763.30, reflecting a rise of about 15.2%[44]. - Total current liabilities increased to CNY 146,183,486.53 from CNY 93,999,778.50, marking a rise of about 55.5%[46]. - The total liabilities increased to CNY 150,237,738.62 from CNY 96,646,933.82, reflecting a growth of approximately 55.5%[46]. - The company's equity attributable to shareholders decreased slightly to CNY 565,094,736.72 from CNY 567,649,171.55, a decline of about 0.5%[47]. Investments and Projects - The company reported non-operating income of ¥2,916,059.68, which includes government subsidies and investment income[9]. - The marketing service platform construction project has a total investment of CNY 14,582.17 million, with a completion progress of 56.65% as of March 31, 2020[36]. - The information technology construction project has a total investment of CNY 2,472.23 million, with a completion progress of 86.04% as of March 31, 2020[36]. - The expected completion date for the investment projects has been postponed to August 31, 2021[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,028[12]. - The largest shareholder, ALEXANDER LIU, holds 26.99% of the shares, while LOUISA FAN holds 22.48%[12]. Market Strategy - The company plans to enhance its online business development to mitigate the negative impact of the pandemic and improve transaction convenience[28]. - The company aims to strengthen its market competitiveness by enhancing its sales network, brand image, and professional services in response to increasing industry competition[29]. Miscellaneous - There were no changes in the use of raised funds during the reporting period[35]. - There were no violations regarding external guarantees during the reporting period[39]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[40].