大豪科技(603025) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 208,696,831.90, down 17.95% year-on-year[11] - Net profit attributable to shareholders of the listed company was CNY 35,796,477.07, a decrease of 46.31% compared to the same period last year[11] - Basic earnings per share decreased by 42.86% to CNY 0.04[11] - The net cash flow from operating activities was negative CNY 24,231,377.00, a decline of 134.50% year-on-year[11] - Total revenue for Q1 2020 was CNY 208,696,831.90, a decrease of 18% compared to CNY 254,346,922.76 in Q1 2019[38] - Net profit for Q1 2020 was CNY 35,932,570.59, down 46% from CNY 66,761,417.33 in Q1 2019[38] - Operating profit for Q1 2020 was CNY 36,580,721.38, a decline of 47% compared to CNY 69,602,829.61 in Q1 2019[38] - The net profit from continuing operations for Q1 2020 was -12,948,714.13 RMB, compared to -4,113,709.18 RMB in Q1 2019, indicating a significant decline[42] - Total comprehensive income for Q1 2020 was -12,948,714.13 RMB, down from -3,019,094.16 RMB in Q1 2019[42] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,073,530,321.26, a decrease of 1.17% compared to the end of the previous year[11] - Total liabilities increased to ¥425,633,562.62 from ¥283,197,178.00, indicating a rise in financial obligations[32] - The company's retained earnings decreased to ¥300,296,966.01 from ¥468,253,865.36, showing a significant reduction in undistributed profits[32] - Total assets decreased to CNY 1,755,837,684.89 in Q1 2020 from CNY 1,972,229,640.99 in Q1 2019, a reduction of approximately 11%[36] - Total liabilities were CNY 377,375,332.64 in Q1 2020, slightly down from CNY 378,002,618.19 in Q1 2019[36] - Total liabilities reached CNY 378,002,618.19, with current liabilities accounting for CNY 376,340,336.83[53] Shareholder Information - Net assets attributable to shareholders of the listed company decreased by 9.29% to CNY 1,630,773,477.93[11] - The total number of shareholders at the end of the reporting period was 20,217[18] - The largest shareholder, Beijing Yiqing Holdings Co., Ltd., held 32.5% of the shares[18] - The company reported a total asset value of 2,097,977,322.47 RMB as of Q1 2020[47] - Total equity attributable to shareholders was CNY 1,594,227,022.80, reflecting a strong equity position[53] Cash Flow and Investments - Cash and cash equivalents increased by 62.89% to ¥315,175,232.11 from ¥193,494,709.35 due to the maturity of cross-period financial management products[23] - The net cash flow from operating activities turned negative at -¥24,231,377.00 compared to ¥70,229,632.27 in the previous period, attributed to reduced sales collections and excess performance rewards paid[25] - Investment activities generated a net cash flow of ¥145,893,951.33, an increase of 111.83% from ¥68,872,175.95, due to the maturity of cross-period financial management products[25] - Cash inflow from operating activities was 145,935,626.92 RMB in Q1 2020, a decrease of 33.8% from 220,725,759.98 RMB in Q1 2019[42] - Cash inflow from investment activities was 252,393,424.66 RMB in Q1 2020, down from 443,627,901.71 RMB in Q1 2019[42] Other Financial Metrics - The weighted average return on net assets was 1.97%, down 1.63 percentage points from the previous year[11] - The company reported a total of CNY 7,852,722.78 in non-recurring gains and losses for the period[15] - Other payables surged by 683.62% to ¥234,763,570.43 from ¥29,958,927.38, primarily due to undistributed dividends amounting to approximately ¥200 million[25] - Research and development expenses for Q1 2020 were CNY 32,378,283.85, a slight decrease from CNY 33,226,415.90 in Q1 2019[38] - The company has implemented new revenue recognition standards effective from January 1, 2020, impacting financial reporting[50]