Hopewind(SH:603063)2020-04-27 16:00Financial Performance - Operating income for the period was ¥295,472,764.21, a decrease of 13.19% compared to the same period last year[9] - Net profit attributable to shareholders of the listed company was ¥29,173,516.04, down 7.88% year-on-year[9] - Basic earnings per share remained stable at ¥0.07, unchanged from the previous year[9] - The weighted average return on equity decreased by 12 percentage points to 1.16%[9] - Total operating revenue for Q1 2020 was ¥295,472,764.21, a decrease of 13.2% compared to ¥340,378,291.22 in Q1 2019[24] - Net profit for Q1 2020 was ¥32,011,722.32, a slight decrease of 3.1% from ¥33,043,585.24 in Q1 2019[26] - The total profit for Q1 2020 was RMB 34,472,182.26, an increase of 8.5% from RMB 30,810,631.03 in Q1 2019[28] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,337,199,263.44, an increase of 2.20% compared to the end of the previous year[9] - Total liabilities reached ¥1,121,402,303.23, compared to ¥1,065,633,831.97, reflecting an increase of approximately 5.2%[23] - Current liabilities totaled ¥917,538,569.35, up from ¥859,983,091.43 in the previous period, indicating a growth of approximately 6.5%[23] - Non-current liabilities increased to ¥203,863,733.88 from ¥205,650,740.54, showing a slight decrease of about 0.4%[23] - Cash and cash equivalents were reported at ¥620,539,260.01, significantly higher than ¥366,381,122.24 from the previous year, marking an increase of approximately 69.2%[22] Shareholder Information - Net assets attributable to shareholders of the listed company were ¥2,509,020,195.45, reflecting a growth of 1.42% year-on-year[9] - The total number of shareholders at the end of the reporting period was 18,021[12] - The top shareholder, Shenzhen Pingqi Technology Co., Ltd., held 20.21% of the shares, amounting to 87,019,400 shares[12] - The total equity attributable to shareholders of the parent company was ¥2,509,020,195.45, compared to ¥2,473,791,692.37, an increase of approximately 1.4%[20] Cash Flow - Net cash flow from operating activities was ¥73,000,307.77, a significant increase of 365.17% compared to the same period last year[9] - Cash flow from operating activities generated RMB 73,000,307.77, a significant recovery from a negative cash flow of RMB -27,530,043.04 in Q1 2019[29] - The net cash flow from operating activities for Q1 2020 was RMB 258,300,627.92, a turnaround from a negative cash flow of RMB -24,119,787.12 in the same period last year[33] - The company received cash from operating activities totaling RMB 495,348,159.15, compared to RMB 360,091,797.77 in Q1 2019[29] Investment and R&D - R&D expenses rose by 38.02% to $28.66 million as the company increased its investment in research and development[15] - The company's R&D expenses increased to ¥28,657,114.15 in Q1 2020, up 37.9% from ¥20,763,668.52 in Q1 2019[24] - Long-term equity investments increased by 155.99% to $237.17 million mainly due to new investments in Ovu[15] - Long-term equity investments increased to ¥872,937,732.34 from ¥791,954,970.55, reflecting a growth of about 10.2%[22] Financial Management - Financial expenses increased by 135.17% to $1.14 million mainly due to discount expenses[15] - The company reported a financial expense of RMB 1,833,161.65, which is significantly higher than RMB 408,243.49 in Q1 2019[28] - The company experienced a significant reduction in financial expenses, which decreased to ¥1,137,241.66 from ¥483,582.30 in Q1 2019[24] Other Financial Metrics - The company reported a government subsidy of ¥2,072,659.74 related to normal business operations[10] - The company reported a net profit from investments of $1.95 million, a turnaround from a loss of $9.66 million in the previous year[15] - Other comprehensive income after tax for Q1 2020 was reported at -¥59,960.50, compared to -¥1,273.99 in Q1 2019[26]