星宇股份(601799) - 2020 Q1 - 季度财报

Financial Performance - Revenue for the first quarter was CNY 1.26 billion, down 11.67% compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 6.38% to CNY 159.53 million[5]. - The weighted average return on equity decreased by 0.62 percentage points to 3.21%[5]. - Total revenue for Q1 2020 was CNY 1,258,127,376.80, a decrease of 11.7% compared to CNY 1,424,278,982.26 in Q1 2019[21]. - Net profit for Q1 2020 was CNY 159,530,392.63, a decline of 6.2% from CNY 170,021,198.18 in Q1 2019[22]. - The company's operating revenue for Q1 2020 was ¥1,263,373,295.19, a decrease of 11% compared to ¥1,419,966,388.65 in Q1 2019[24]. - The net profit for Q1 2020 was ¥159,400,829.82, down 11.4% from ¥179,796,397.14 in Q1 2019[25]. - The total comprehensive income for Q1 2020 was ¥159,662,252.31, compared to ¥170,057,508.04 in Q1 2019[23]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 8.49 billion, a decrease of 0.75% compared to the end of the previous year[5]. - Total current assets decreased to CNY 6,177,962,776.14 from CNY 6,340,977,439.53, indicating a decline in liquidity[14]. - Total liabilities decreased to CNY 3,445,036,917.80 from CNY 3,668,984,698.41, reflecting improved financial stability[16]. - Total assets decreased to CNY 8,489,959,046.97 from CNY 8,554,244,575.27, indicating a slight contraction in the asset base[15]. - The company's equity attributable to shareholders increased to CNY 5,044,922,129.17 from CNY 4,885,259,876.86, showing growth in shareholder value[16]. - Total liabilities decreased to CNY 3,372,325,025.40 in Q1 2020 from CNY 3,597,126,158.71 in Q1 2019, reflecting a reduction of 6.3%[20]. - The company’s total assets amounted to CNY 8,554,244,575.27, with total liabilities of CNY 3,668,984,698.41, resulting in total equity of CNY 4,885,259,876.86[34]. Cash Flow - Operating cash flow for the period was CNY 552.34 million, a significant increase of 250.89% year-on-year[5]. - Cash and cash equivalents increased by 40.16% to CNY 1.76 billion due to higher cash collections[9]. - Net cash flow from investing activities improved by 86.40%, with a net outflow of CNY 37,501,458.50, reflecting reduced asset investments[10]. - Net cash flow from financing activities decreased by 102.06% to CNY -1,979,250.00, mainly due to a reduction in bank borrowings[10]. - The company reported a net cash inflow from operating activities of ¥1,970,390,669.93 in Q1 2020, compared to ¥1,330,856,465.52 in Q1 2019[28]. - The net cash flow from operating activities was CNY 527,599,502.56, compared to CNY 94,122,972.94 in the same period last year, marking a significant improvement[30]. - The company reported cash inflow from investment activities of CNY 2,300,811,098.47, up from CNY 1,701,576,688.30 in Q1 2019[31]. - The net cash flow from investment activities was negative at CNY -9,526,263.58, an improvement from CNY -214,328,228.66 in Q1 2019[31]. Shareholder Information - The company reported a total of 6,083 shareholders at the end of the reporting period[7]. - The top shareholder, Zhou Xiaoping, holds 37.12% of the shares, totaling 102,520,320 shares[7]. Investment and Expenses - Investment income decreased by 80.07% to CNY 1,245,982.45 due to reclassification of financial assets[10]. - Research and development expenses rose to CNY 57,800,297.58 in Q1 2020, up 14.5% from CNY 50,518,296.23 in Q1 2019[22]. - The company experienced a credit impairment loss of ¥22,870,011.90 in Q1 2020, compared to a gain of ¥6,700,843.92 in Q1 2019[25]. - The total cash outflow from investing activities in Q1 2020 was ¥2,338,368,730.19, compared to ¥1,977,351,272.98 in Q1 2019, indicating increased investment activity[28].