美思德(603041) - 2020 Q1 - 季度财报

Financial Performance - Operating income decreased by 2.59% to CNY 81,502,808.80 year-on-year[6] - Net profit attributable to shareholders increased by 29.14% to CNY 20,883,492.32 compared to the same period last year[6] - Basic earnings per share increased by 31.25% to CNY 0.21[6] - Total operating revenue for Q1 2020 was ¥81,502,808.80, a decrease of 2.77% from ¥83,668,907.59 in Q1 2019[29] - Net profit for Q1 2020 was ¥20,883,492.32, an increase of 28.06% compared to ¥16,171,485.33 in Q1 2019[31] - The company's operating revenue for Q1 2020 was ¥55,267,395.93, representing a 36.3% increase from ¥40,597,921.44 in Q1 2019[34] - The net profit for Q1 2020 reached ¥20,072,186.32, up 78.5% compared to ¥11,237,576.80 in Q1 2019[34] - The total comprehensive income for Q1 2020 was ¥20,072,186.32, compared to ¥11,237,576.80 in Q1 2019, indicating a significant growth[35] Assets and Liabilities - Total assets increased by 3.43% to CNY 909,103,574.85 compared to the end of the previous year[6] - Total assets as of March 31, 2020, amounted to 909,103,574.85 RMB, an increase from 878,944,289.60 RMB at the end of 2019[22] - Current assets totaled 707,666,736.32 RMB, up from 675,210,133.92 RMB at the end of 2019[21] - Total liabilities as of March 31, 2020, were 92,409,139.94 RMB, compared to 83,236,679.51 RMB at the end of 2019[23] - The company's total liabilities as of the end of Q1 2020 amounted to ¥83,236,679.51, with current liabilities totaling ¥75,950,255.26[44] - Total liabilities rose to ¥53,428,379.32, up from ¥40,143,016.27 in the previous year[27] - The total assets of the company were reported at ¥878,944,289.60, with current assets accounting for ¥675,210,133.92[43] Cash Flow - Cash flow from operating activities increased by 38.46% to CNY 13,515,354.54 year-on-year[6] - Net cash flow from operating activities increased by 38.46% to 13,515,354.54 RMB compared to the same period last year[19] - The net cash flow from operating activities was ¥13,515,354.54, an increase of 38.0% from ¥9,761,203.61 in Q1 2019[38] - The cash outflow from operating activities totaled ¥44,544,461.22 in Q1 2020, a decrease from ¥61,228,523.62 in Q1 2019[38] - Investment activities resulted in a net cash outflow of ¥79,074,564.36 in Q1 2020, compared to a net inflow of ¥11,043,648.46 in Q1 2019[38] - The company reported total cash inflow from investment activities of ¥101,230,773.59, while cash outflow was ¥131,700,000.00, resulting in a net cash flow from investment activities of -¥30,469,226.41[39] Shareholder Information - The number of shareholders reached 8,946 at the end of the reporting period[10] - The company's retained earnings increased to 354,856,224.09 RMB from 333,972,731.77 RMB, reflecting improved profitability[23] - The company’s total equity increased to ¥752,157,672.66 from ¥731,558,453.84 in Q1 2019, indicating a growth of 2.73%[27] - Shareholders' equity stood at 731,558,453.84, with retained earnings of 269,920,709.73[49] Tax and Financial Expenses - The company reported a significant increase in income tax payable by 72.06% to CNY 3,763,954.85[12] - Financial expenses decreased by 242.42% to -1,356,665.11 RMB compared to the same period last year[15] - The company incurred financial expenses of -¥1,364,719.66 in Q1 2020, contrasting with financial expenses of ¥1,024,416.98 in Q1 2019[34] - The company’s tax expenses for Q1 2020 were ¥3,406,981.43, an increase of 74.2% from ¥1,956,275.98 in Q1 2019[34] Research and Development - Research and development expenses for Q1 2020 were ¥4,887,095.32, compared to ¥4,216,582.93 in Q1 2019, reflecting a 15.87% increase[29] - Research and development expenses increased to ¥2,379,635.60 in Q1 2020, a rise of 25.2% from ¥1,900,029.18 in Q1 2019[34] Changes in Accounting Standards - The company executed new revenue and leasing standards starting January 1, 2020, impacting the financial statements[45] - The company adopted new revenue recognition standards effective January 1, 2020, adjusting "prepayments" to "contract liabilities"[50] - The company has not yet implemented the new leasing standards, which will take effect from January 1, 2021[50] - The company reported a decrease in prepayments by 390,032.60, reflecting the adjustment to contract liabilities[48]