天融信(002212) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥743,176,804.23, a decrease of 29.24% compared to ¥1,050,215,962.96 in the same period last year[8] - The net profit attributable to shareholders was -¥157,356,290.89, representing a decline of 77.61% from -¥88,596,641.66 year-on-year[8] - The net cash flow from operating activities was -¥44,404,844.37, a significant drop of 144.58% compared to -¥18,155,440.12 in the previous year[8] - The basic earnings per share were -¥0.14, down 75.00% from -¥0.08 in the same period last year[8] - Net profit for the first quarter was a loss of ¥166,019,300.60, an increase in loss of 82.06% compared to the previous year[26] - The total operating cost for the period was approximately ¥945.51 million, a decrease from ¥1,155.56 million in the previous period, representing a reduction of about 18.1%[64] - The net profit for the period was a loss of ¥166.02 million, compared to a loss of ¥91.19 million in the previous period, indicating an increase in losses of approximately 82.1%[67] - The total comprehensive income for the period was a loss of ¥254.99 million, compared to a loss of ¥82.65 million in the previous period, indicating a worsening of approximately 208.5%[70] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,918,641,222.59, a decrease of 1.76% from ¥11,113,758,813.14 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 2.45% to ¥8,678,177,533.84 from ¥8,895,935,772.80 at the end of the previous year[8] - Total liabilities amounted to ¥271,231,916.41, a slight decrease from ¥274,305,572.70 in the previous period[61] - Total equity attributable to shareholders was ¥7,264,014,825.58, compared to ¥7,266,653,755.03 in the previous period[61] - The company's total current liabilities included short-term borrowings of 360,209,408.62 RMB, down from 398,113,524.81 RMB at the end of 2019[48] Cash Flow - Cash inflow from operating activities totaled 1,137,493,711.83, down from 1,579,557,890.25 in the previous period, indicating a decrease of approximately 28%[78] - Cash outflow from operating activities was 1,181,898,556.20, compared to 1,597,713,330.37 in the previous period, reflecting a decrease of about 26%[81] - The ending cash and cash equivalents balance was 366,334,446.31, down from 470,056,072.67 in the previous period[84] - Cash inflow from investment activities was 693,887,620.34, significantly up from 133,952,941.35 in the previous period[81] - The net cash flow from investment activities was -250,477,751.66, an improvement from -300,896,759.31 in the previous period[81] - Cash inflow from financing activities was 120,000,000.00, down from 355,892,095.21 in the previous period[84] - The net cash flow from financing activities was -42,089,539.24, compared to a positive flow of 982,890.52 in the previous period[84] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,378[12] - The largest shareholder, Zheng Zhongnan, held 12.33% of the shares, amounting to 142,868,069 shares[13] - The company granted stock options totaling 29,941,530 shares at a price of ¥13.01 per share as part of its equity incentive plan[30] - The first employee stock ownership plan has sold a total of 1,528,300 shares and currently holds 12,832,200 shares, accounting for 1.11% of the total share capital[31] Changes in Accounting Standards - The company implemented new revenue and lease standards starting from 2020, with retrospective adjustments to prior comparative data[101] - The company adjusted prepayments to contract assets under new revenue standards, resulting in prepayments decreasing by 100% to ¥0[20] - Contract assets amounted to ¥128,735,006.14, reflecting a 100% increase due to the same adjustment[20] Other Financial Metrics - Financial expenses increased by 105.24% to ¥18,444,747.07, mainly due to exchange losses during the period[26] - Research and development expenses amounted to ¥87.57 million, slightly down from ¥92.53 million, reflecting a decrease of about 5.3%[64] - The company reported an investment loss of ¥16.29 million, contrasting with a gain of ¥1.99 million in the previous period, marking a significant decline[64] - The tax expenses for the period were reported at ¥23.80 million, compared to ¥9.79 million in the previous period, reflecting an increase of approximately 142.5%[67]