捷昌驱动(603583) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥341,161,591.80, representing a year-on-year growth of 21.15%[10] - Net profit attributable to shareholders was ¥54,516,969.22, a decrease of 8.49% compared to the same period last year[10] - Basic earnings per share decreased by 22.45% to ¥0.38 from ¥0.49 in the previous year[10] - The total operating revenue for Q1 2020 was CNY 341,161,591.80, an increase from CNY 281,596,874.65 in Q1 2019, representing a growth of approximately 21.2%[38] - The total operating costs for Q1 2020 were CNY 279,121,016.95, up from CNY 217,492,062.08 in Q1 2019, indicating an increase of about 28.4%[38] - The net profit attributable to shareholders increased to CNY 688,493,606.27 from CNY 603,976,293.92, reflecting a growth of approximately 14.0%[31] - Total revenue for Q1 2020 was CNY 247,850,499.95, a decrease of 26.8% compared to CNY 338,605,717.68 in Q1 2019[45] - Net profit for Q1 2020 was CNY 46,646,251.24, down 36.5% from CNY 73,458,400.96 in Q1 2019[49] - Operating profit for Q1 2020 was CNY 55,707,791.07, a decline of 39.0% from CNY 91,377,497.15 in Q1 2019[49] - Comprehensive income for Q1 2020 totaled CNY 46,646,251.24, down from CNY 73,458,400.96 in Q1 2019[49] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,252,082,247.25, an increase of 3.63% compared to the end of the previous year[10] - The company's total assets reached RMB 2,252,082,247.25, an increase from RMB 2,173,263,920.51[26] - The total assets as of Q1 2020 amounted to CNY 2,140,344,436.09, compared to CNY 2,090,350,858.76 at the end of Q1 2019, showing an increase of about 2.4%[35] - The total liabilities decreased to CNY 249,758,636.04 from CNY 263,785,570.95, a reduction of approximately 5.3%[37] - The total liabilities decreased by 45.53%, with accounts payable dropping to RMB 133,040,012.25 from RMB 244,241,927.62, influenced by changes in payment policies due to the pandemic[19] Cash Flow - The net cash flow from operating activities was -¥64,421,649.20, compared to -¥3,251,756.06 in the previous year, indicating a significant decline[10] - Cash inflow from operating activities totaled CNY 425,481,000.45 in Q1 2020, compared to CNY 406,010,645.89 in Q1 2019, an increase of 4.03%[51] - Net cash outflow from operating activities was CNY -64,421,649.20 in Q1 2020, worsening from CNY -3,251,756.06 in Q1 2019[51] - Cash inflow from investing activities was CNY 30,638,000.00 in Q1 2020, significantly lower than CNY 3,193,415.97 in Q1 2019[53] - Net cash outflow from investing activities was CNY -19,592,887.95 in Q1 2020, compared to CNY -130,088,639.71 in Q1 2019, indicating a reduction in cash outflow[53] - Cash inflow from financing activities reached CNY 111,598,048.00 in Q1 2020, compared to CNY 35,415,087.55 in Q1 2019, an increase of 215.56%[53] - The net increase in cash and cash equivalents was CNY 29,524,857.53 in Q1 2020, contrasting with a net decrease of CNY -104,151,060.18 in Q1 2019[53] - The ending balance of cash and cash equivalents was CNY 1,093,597,509.80 at the end of Q1 2020, up from CNY 445,180,219.53 at the end of Q1 2019[53] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,584[16] - The largest shareholder, Hu Renchang, holds 30.00% of the shares, totaling 53,244,000 shares[16] Government Support and Other Income - The company received government subsidies amounting to ¥3,332,942.66 related to non-operating activities[13] - The company's other comprehensive income rose by 50.43%, reaching RMB 8,228,699.74, primarily due to foreign currency translation adjustments[21] - The company reported a significant increase in minority interests, which surged by 8706.02% to RMB 1,009,292.80, driven by new external investments[21] - Other income for Q1 2020 was CNY 8,253,930.63, significantly higher than CNY 2,033,874.02 in Q1 2019[49] Expenses - Sales expenses increased to CNY 7,321,401.60 in Q1 2020 from CNY 5,808,229.03 in Q1 2019, reflecting a rise of 25.9%[45] - Management expenses rose to CNY 23,646,475.10 in Q1 2020, compared to CNY 16,759,640.51 in Q1 2019, an increase of 41.2%[45] - Tax expenses for Q1 2020 were CNY 9,140,213.07, down from CNY 18,078,343.91 in Q1 2019, a decrease of 49.5%[49] Other Financial Metrics - The weighted average return on net assets was 3.02%, down by 0.67 percentage points from the previous year[10] - Financial expenses turned negative at RMB -8,776,582.33, a decrease of 275.80%, due to increased interest income and foreign exchange gains[21] - The company's capital reserve increased to CNY 943,415,162.61 from CNY 926,459,301.61, reflecting a growth of approximately 1.0%[37] - The accounts receivable decreased to CNY 373,419,450.38 from CNY 476,927,445.78, a decline of about 21.7%[31] - The inventory increased to CNY 127,203,371.22 from CNY 103,022,713.60, representing an increase of approximately 23.5%[31] Regulatory and Compliance - The company did not apply new revenue and lease standards for the year 2020[59]