日盈电子(603286) - 2020 Q1 - 季度财报

Financial Performance - Revenue decreased by 18.52% to CNY 68,098,792.01 compared to the same period last year[5] - Net profit attributable to shareholders dropped by 87.21% to CNY 632,985.84[5] - Basic and diluted earnings per share fell by 83.33% to CNY 0.01[5] - The weighted average return on equity decreased by 1.05 percentage points to 0.18%[5] - Total revenue for Q1 2020 was ¥68,098,792.01, a decrease of 18.5% compared to ¥83,579,632.68 in Q1 2019[21] - Net profit for Q1 2020 was ¥1,253,152.28, a significant decline of 76.7% from ¥5,387,407.96 in Q1 2019[22] - Total revenue for Q1 2020 was ¥48,579,106.97, a decrease of 35.5% compared to ¥75,290,897.07 in Q1 2019[24] - Net profit for Q1 2020 was -¥1,343,981.85, compared to a net profit of ¥5,668,031.47 in Q1 2019, indicating a significant decline[25] - Operating profit for Q1 2020 was -¥212,191.51, down from ¥6,610,818.98 in the same period last year[24] Cash Flow and Liquidity - Operating cash flow surged by 460.05% to CNY 8,983,920.19 year-on-year[5] - Net cash flow from operating activities increased by 460.05% to ¥8,983,920.19, primarily due to higher receivables recovery[13] - Cash and cash equivalents increased to ¥106,828,479.40 in Q1 2020 from ¥36,245,349.02 in Q4 2019, showing a growth of 194.5%[20] - The company reported a net cash flow from operating activities of ¥8,983,920.19, an increase from ¥1,604,119.97 in Q1 2019[26] - The net cash flow from financing activities in Q1 2020 was ¥84,338,119.29, up from ¥29,074,537.53 in Q1 2019, reflecting a growth of about 190%[31] - The company’s cash inflow from sales of goods and services in Q1 2020 was ¥88,627,746.25, up from ¥67,786,826.72 in Q1 2019, representing a growth of approximately 30.6%[30] - The company’s cash flow from operating activities showed a strong performance, with cash inflow totaling ¥94,897,126.97 in Q1 2020, compared to ¥78,966,606.89 in Q1 2019, reflecting a growth of about 20.2%[30] Assets and Liabilities - Total assets increased by 5.44% to CNY 850,559,350.80 compared to the end of the previous year[5] - Cash and cash equivalents increased by 62.95% to ¥179,547,250.43 due to the acquisition of Huichang[12] - Total assets reached ¥801,612,975.40 in Q1 2020, up from ¥750,732,022.87 in Q4 2019, indicating an increase of 6.8%[20] - Total liabilities increased to ¥360,345,348.22 in Q1 2020 from ¥308,120,413.84 in Q4 2019, marking a rise of 16.9%[20] - The total liabilities amounted to ¥337,865,987.91, remaining stable compared to the previous reporting period[36] - The total non-current assets reached ¥435,484,595.94, with fixed assets valued at ¥142,794,606.87 and long-term equity investments at ¥213,029,090.94[39] Shareholder Information - The total number of shareholders reached 8,537[10] - The largest shareholder, Si Rongzhu, holds 23.59% of the shares[10] - The second-largest shareholder, Lu Peng, holds 19.87% of the shares, with 13,500,000 shares pledged[10] Investments and Acquisitions - Prepayments rose by 42.73% to ¥4,344,567.78, attributed to the acquisition of Huichang[12] - Long-term equity investments reached ¥5,000,000.00, marking a 100% increase from previous periods due to increased external investments[12] - Intangible assets increased by 77.91% to ¥49,144,947.43, primarily due to the acquisition of Huichang[12] - Other payables surged by 1917.73% to ¥67,298,365.86, resulting from payments to Huichang's shareholders[12] - Sales expenses increased by 52.93% to ¥3,890,533.02, driven by the acquisition of Huichang[13] - Financial expenses rose by 269.06% to ¥1,716,428.00, mainly due to increased loan interest payments[13] Research and Development - The company reported R&D expenses of ¥6,246,956.32 in Q1 2020, compared to ¥5,395,937.12 in Q1 2019, an increase of 15.8%[21] - Research and development expenses for Q1 2020 were ¥5,240,612.97, slightly down from ¥5,395,937.12 in Q1 2019[24] Future Outlook - The company has indicated a commitment to maintaining financial stability and exploring strategic opportunities for growth in the upcoming quarters[40] - The company is focusing on expanding its market presence and enhancing product offerings, although specific new products or technologies were not detailed in the report[39] - The company has implemented new revenue and leasing standards starting in 2020, which may impact future financial reporting[40]