鸿远电子(603267) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was ¥72,969,203.55, a decrease of 13.85% year-on-year[11]. - Operating revenue for the period was ¥274,564,000.97, reflecting a growth of 16.78% compared to the same period last year[11]. - Basic and diluted earnings per share were both ¥0.44, down 35.29% from ¥0.68 in the previous year[11]. - The company's operating profit for the current quarter is 80,978,619.50, a decrease of 18.06% compared to 98,803,553.19 in the same quarter last year[49]. - Net profit for the current quarter is 68,906,195.21, down 17.93% from 83,992,386.79 in the previous year[49]. - Total operating revenue for Q1 2020 was ¥274,564,000.97, an increase of 16.8% compared to ¥235,111,856.71 in Q1 2019[44]. - Net profit for Q1 2020 was ¥72,969,203.55, a decrease of 13.8% from ¥84,696,030.96 in Q1 2019[46]. - The company reported a total comprehensive income of 68,960,237.10, down from 85,337,183.82 in the same quarter last year[49]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,391,793,228.99, an increase of 1.36% compared to the end of the previous year[11]. - Total liabilities decreased to ¥231,655,874.72 from ¥279,750,379.87, a reduction of about 17.2%[34]. - Current liabilities decreased to ¥190,941,635.08 from ¥230,698,350.05, a reduction of approximately 17.3%[34]. - Non-current assets totaled ¥317,621,436.86, an increase from ¥284,912,397.85, reflecting a growth of about 11.4%[34]. - Total current assets decreased by $4,164,441.17, from $2,074,720,793.96 to $2,070,556,352.79[62]. - The total current assets were reported at 1,943,629,759.55 RMB, with cash and cash equivalents at 222,278,960.94 RMB[73]. Cash Flow - The net cash flow from operating activities was -¥52,798,660.72, an improvement from -¥76,986,946.70 in the previous year[11]. - Net cash flow from investing activities was positive at ¥134,890,481.10, a significant turnaround from -¥2,729,309.47 in the previous year[24]. - Cash flow from operating activities showed a net outflow of -52,798,660.72, an improvement from -76,986,946.70 in the same quarter last year[53]. - Cash inflow from financing activities was $37,500,000.00, while cash outflow was $27,856,134.43, resulting in a net cash flow of -$27,856,134.43[57]. - The net increase in cash and cash equivalents was $60,940,321.95, contrasting with a decrease of -$77,936,876.50 in the previous period[57]. Shareholder Information - The total number of shareholders at the end of the reporting period was 17,904[13]. - The largest shareholder, Zheng Hong, holds 28.75% of the shares, totaling 47,532,471 shares[13]. - Shareholders' equity increased to ¥2,160,137,354.27 from ¥2,079,882,811.94, reflecting a growth of approximately 3.9%[34]. Expenses - Operating costs surged by 65.49% to ¥144,934,899.91, primarily due to the higher cost structure of the agency business[20]. - R&D expenses increased by 20.73% to ¥7,125,819.22, reflecting higher personnel costs for new projects[20]. - The tax expenses decreased by 22.96% to ¥12,669,264.80, attributed to lower total profit due to a decline in self-operated business revenue[20]. - The company’s tax expenses decreased to 12,159,916.79 from 14,822,185.90 in the same quarter last year[49]. Other Financial Metrics - The weighted average return on equity decreased by 3.88 percentage points to 3.44%[11]. - The company reported a government subsidy of ¥2,910,631.47 related to its normal business operations[11]. - The company made a donation of ¥1,000,000 for COVID-19 prevention efforts[13]. - The company reported a financial income of ¥4,196,654.27 in Q1 2020, compared to ¥990,900.94 in Q1 2019, indicating a significant increase[44]. - Other comprehensive income after tax for Q1 2020 was ¥57,338.76, down from ¥1,270,222.28 in Q1 2019[46].