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广信股份(603599) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was ¥115,104,991.07, a decrease of 14.88% year-on-year[12]. - Operating income for the period was ¥825,425,125.50, down 7.26% from the same period last year[12]. - Basic earnings per share were ¥0.25, a decrease of 13.79% compared to the previous year[12]. - The company's operating revenue for Q1 2020 was ¥622,930,816.35, a decrease of 22.5% compared to ¥804,324,602.08 in Q1 2019[49]. - The net profit for Q1 2020 was ¥115,104,991.07, down 14.9% from ¥135,224,788.44 in Q1 2019[49]. - The total profit for Q1 2020 was ¥139,513,969.27, a decrease of 13.4% from ¥161,205,087.48 in Q1 2019[49]. - The company reported a decrease in operating profit to ¥139,112,154.03 in Q1 2020, compared to ¥158,854,619.01 in Q1 2019, a decline of 12.5%[47]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,853,268,261.82, an increase of 3.86% compared to the end of the previous year[12]. - Total current assets amounted to 4,766,065,689.77 RMB, an increase from 4,497,992,615.30 RMB in the previous year[33]. - Total assets reached 6,853,268,261.82 RMB, up from 6,598,688,562.55 RMB year-on-year[33]. - Total liabilities increased to CNY 1,883,037,182.52 in Q1 2020 from CNY 1,594,046,502.72 in Q1 2019, reflecting a rise of 18.1%[42]. - Shareholders' equity totaled CNY 4,577,120,731.48 in Q1 2020, compared to CNY 4,516,243,758.15 in Q1 2019, showing an increase of 1.4%[44]. Cash Flow - Net cash flow from operating activities increased by 25.09% to ¥227,060,223.03 compared to the previous year[12]. - The cash flow from operating activities was ¥699,023,855.28 in Q1 2020, down from ¥742,545,625.36 in Q1 2019[51]. - Total cash inflow from operating activities was CNY 681,744,735.38, down from CNY 755,399,373.86, reflecting a decline in operational performance[57]. - The net cash flow from financing activities was negative at CNY -56,715,476.29, indicating higher outflows compared to inflows[57]. - The company reported a net increase in cash and cash equivalents of CNY 587,655,945.34, a significant decrease from CNY 1,255,779,283.67 in the previous period[57]. Investments and Income - Government subsidies recognized in the current period amounted to ¥4,658,177.26[15]. - The fair value change income for the reporting period was -17,093,439.88 RMB, a significant decrease due to the expiration of financial products[25]. - Cash and cash equivalents increased by 99.27% to 1,359,392,062.58 RMB compared to the same period last year, primarily due to the recovery of matured financial products[25]. - The company reported a significant increase in investment income cash received, which rose by 172.92% to 26,719,463.76 RMB[25]. - The company received CNY 1,589,000,000.00 from investment recoveries, a notable increase from CNY 1,130,000,000.00 in the last period[55]. Shareholder Information - The total number of shareholders at the end of the reporting period was 20,478[21]. - The largest shareholder, Anhui Guangxin Holdings Co., Ltd., held 42.06% of the shares, with 195,460,000 shares frozen[21]. Research and Development - Research and development expenses for Q1 2020 were CNY 43,748,451.65, up from CNY 38,947,774.22 in Q1 2019, indicating a growth of 12.5%[44]. - Research and development expenses increased to ¥21,305,154.16 in Q1 2020, up from ¥15,548,615.08 in Q1 2019, reflecting a growth of 37%[49].