中国卫通(601698) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥608,371,363.46, representing a decrease of 7.54% year-on-year[4] - Net profit attributable to shareholders was ¥86,684,443.22, down 9.90% from the previous year[4] - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was ¥84,519,566.97, down 11.56% from the previous year[4] - Basic earnings per share were ¥0.0217, a decline of 18.73% compared to ¥0.0267 in the previous year[4] - Operating profit for Q1 2020 was ¥139,760,031.45, down 28.6% from ¥196,052,628.42 in Q1 2019[20] - Net profit attributable to shareholders of the parent company was ¥86,684,443.22, a decrease of 9.5% compared to ¥96,213,320.76 in Q1 2019[21] - Total profit for Q1 2020 was ¥142,623,888.80, down 27.5% from ¥196,587,671.90 in Q1 2019[20] - The company’s total profit for Q1 2020 was ¥83.52 million, an increase of 4.73% from ¥79.64 million in Q1 2019[22] Cash Flow - The net cash flow from operating activities was ¥197,669,686.25, a slight decrease of 0.78% compared to the same period last year[4] - Cash flow from operating activities in Q1 2020 was ¥197.67 million, a decrease of 0.78% compared to ¥199.23 million in Q1 2019[23] - The total cash inflow from operating activities was ¥374.42 million, up from ¥366.34 million in Q1 2019[23] - The net cash flow from investing activities was negative at -¥1.39 billion in Q1 2020, worsening from -¥407.97 million in Q1 2019[24] - Cash flow from financing activities showed a net outflow of -CNY 690,000.00, indicating a reduction in financing activities compared to the previous year[26] Assets and Liabilities - Total assets at the end of the reporting period reached ¥18,337,442,357.25, an increase of 0.99% compared to the end of the previous year[4] - Total liabilities decreased to ¥2,782,481,645.09 from ¥2,847,380,543.38, a reduction of approximately 2.3% year-over-year[17] - Total equity increased to ¥15,554,960,712.16 from ¥15,310,024,895.67, reflecting a growth of about 1.6% year-over-year[19] - Total current assets increased to ¥4,387,097,605.86 from ¥4,138,257,640.51, representing a growth of approximately 6%[18] - Total non-current assets decreased to ¥9,916,022,951.26 from ¥10,139,356,348.56, a decline of about 2.2%[18] - Current liabilities totaled CNY 1,877,753,532.30, remaining stable compared to the previous reporting period[28] Shareholder Information - The total number of shareholders at the end of the reporting period was 98,155[6] - The largest shareholder, China Aerospace Science and Technology Corporation, holds 79.73% of the shares[6] - Unallocated profits attributable to shareholders increased to ¥1,256,307,416.87 from ¥1,169,622,973.65, an increase of about 7.4%[17] Government Support - The company received government subsidies amounting to ¥2,769,401.99 during the reporting period[5] Revenue Recognition and Standards - The company implemented new revenue and leasing standards starting in 2020, which may impact future financial reporting[27] - The company executed the new revenue recognition standard starting January 1, 2020[29] - Contract liabilities were recorded at RMB 1,272,394,301.78, reflecting adjustments due to the implementation of new revenue recognition standards[10] - Contract liabilities amounted to ¥1,129,453,268.63, indicating a new strategy in revenue recognition[19]