科森科技(603626) - 2020 Q1 - 季度财报

Financial Performance - Revenue for the period was CNY 464,532,665.58, a slight increase of 0.85% year-on-year[6] - Net profit attributable to shareholders increased by 6.82% to CNY 13,965,303.62 compared to the same period last year[6] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 19.61% to CNY 12,461,781.71[6] - Net profit for Q1 2020 was CNY 10,880,829.38, a decrease of 16.8% from CNY 13,072,582.69 in Q1 2019[24] - Operating profit decreased to 6,799,967.96 RMB, down 22.0% from 8,710,276.35 RMB in the same period last year[27] - Net profit for Q1 2020 was 7,364,377.37 RMB, a decrease of 16.5% compared to 8,824,856.92 RMB in Q1 2019[28] Assets and Liabilities - Total assets increased by 1.14% to CNY 4,650,340,959.52 compared to the end of the previous year[6] - The company's total assets amounted to ¥4,650,340,959.52 as of March 31, 2020, compared to ¥4,597,971,601.41 at the end of 2019[15] - Total liabilities decreased to ¥2,547,295,169.94 from ¥2,897,124,208.04, indicating a reduction in financial obligations[16] - The company's total assets increased to CNY 4,123,243,777.42 in Q1 2020, up from CNY 3,840,959,859.81 in Q1 2019, representing a growth of 7.4%[20] - Total liabilities decreased to CNY 2,109,303,603.58 in Q1 2020 from CNY 2,225,676,144.44 in Q1 2019, a reduction of 5.2%[20] - The total liabilities amounted to ¥2,169,226,947.55, indicating a significant portion of the company's assets are financed through liabilities[36] Shareholder Information - Net assets attributable to shareholders increased by 24.44% to CNY 2,063,858,089.03 compared to the end of the previous year[6] - The total equity attributable to shareholders increased to ¥2,063,858,089.03 from ¥1,658,575,218.58, showing a growth in shareholder value[16] - The total equity attributable to shareholders reached CNY 1,658,575,218.58, contributing to total equity of CNY 1,700,847,393.37[37] - The company’s total equity increased from CNY 1,615,283,715.37 to CNY 1,700,847,393.37, showing growth in shareholder value[42] - The total number of shareholders at the end of the reporting period was 19,182[10] - The largest shareholder, Xu Jingen, holds 29.59% of the shares, totaling 139,932,561 shares[10] Cash Flow and Expenses - Operating cash flow decreased by 18.54% to CNY 80,315,964.64 compared to the same period last year[6] - Cash and cash equivalents increased by ¥84,677,726.31, representing a growth of 72.90%, primarily due to the recovery of receivables[12] - Cash flow from operating activities was 80,315,964.64 RMB, down 18.5% from 98,592,060.14 RMB in Q1 2019[31] - The company reported a financial expense of CNY 12,132,632.66 in Q1 2020, significantly reduced from CNY 29,995,867.80 in Q1 2019[22] - Financial expenses significantly decreased to 12,942,919.30 RMB, down 56.0% from 29,421,921.38 RMB in Q1 2019[27] - The company reported a net cash inflow from financing activities of 148,543,630.63 RMB, compared to a net outflow of 279,149,326.45 RMB in Q1 2019[32] Investments and Capital - Other non-current assets increased by ¥21,373,663.01, reflecting a growth of 128.38% due to additional equipment and project payments[12] - The capital reserve increased by ¥395,587,743.94, a rise of 51.98%, primarily due to the conversion of convertible bonds[12] - The company has invested ¥75,000,000.00 in cash for investments in Q1 2020, which is an increase from ¥52,212,594.80 in Q1 2019, suggesting a strategic focus on growth opportunities[33] - The company executed a new revenue standard starting January 1, 2020, impacting various financial statement items[43] Other Financial Metrics - The weighted average return on net assets increased by 0.05 percentage points to 0.75%[6] - Basic and diluted earnings per share remained at CNY 0.03[6] - Research and development expenses for Q1 2020 were CNY 37,357,730.62, slightly down from CNY 37,525,409.73 in Q1 2019[22] - Other comprehensive income after tax for Q1 2020 was CNY 25,485.73, compared to a loss of CNY 43,822.69 in Q1 2019[24] - Total operating costs for Q1 2020 were CNY 458,163,653.90, down 0.4% from CNY 459,912,454.90 in Q1 2019[22]