卫信康(603676) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue fell by 15.89% to CNY 129,973,237.60 year-on-year[6] - Net profit attributable to shareholders decreased by 46.27% to CNY 10,939,555.69 compared to the same period last year[6] - The net profit attributable to shareholders decreased by 46.27% to ¥10,939,555.69 compared to the same period last year, primarily due to reduced government subsidies and increased management expenses[11] - Net profit for Q1 2020 was CNY 10,939,555.69, a decline of 46% from CNY 20,361,895.05 in Q1 2019[21] - The total profit for Q1 2020 was CNY 13,076,472.80, down 42% from CNY 22,589,492.72 in Q1 2019[21] - The net profit excluding non-recurring items fell by 31.79% to ¥7,464,682.72, driven by lower revenues and increased depreciation[11] Cash Flow - Net cash flow from operating activities turned negative at CNY -7,833,592.18, a decline of 114.89% year-on-year[6] - The net cash flow from operating activities was negative at -¥7,833,592.18, a decline of 114.89% from ¥52,604,048.67 in the previous year, attributed to decreased sales receipts and increased market service fees[11] - Total cash inflow from operating activities was 153,882,405.26 RMB, down 20.00% from 191,983,103.79 RMB in the same period last year[27] - Cash outflow from operating activities increased to 161,715,997.44 RMB, up from 139,379,055.12 RMB in Q1 2019, marking an increase of approximately 16.06%[27] - The net cash flow from investing activities was -76,745,373.39 RMB, an improvement from -161,297,950.34 RMB in Q1 2019, indicating a reduction in cash outflow by about 52.40%[27] Assets and Liabilities - Total assets decreased by 1.07% to CNY 1,290,655,145.88 compared to the end of the previous year[6] - The total current assets decreased to ¥886,380,872.94 from ¥901,346,625.31, reflecting a reduction in cash and receivables[14] - The total liabilities decreased to ¥349,663,362.99 from ¥374,559,694.56, indicating a reduction in current liabilities[16] - Cash and cash equivalents decreased by 52.97% to CNY 75,103,017.42 compared to the previous period[10] - The company reported a decrease in accounts receivable to ¥223,207,608.45 from ¥249,817,811.09, indicating improved collection efforts[14] - Total liabilities as of Q1 2020 amounted to CNY 3,559,298.62, compared to CNY 1,400,555.04 in the previous year[19] Shareholder Information - The number of shareholders reached 20,292 at the end of the reporting period[9] - The company’s equity attributable to shareholders increased slightly to ¥940,991,782.89 from ¥930,052,227.20, reflecting retained earnings growth[16] - Shareholders' equity totaled CNY 930,052,227.20, including paid-in capital of CNY 423,000,000.00 and undistributed profits of CNY 218,812,841.78[35] Research and Development - R&D expenses decreased by 38.96% to CNY 3,941,042.52 due to project delays caused by the pandemic[10] - Research and development expenses for Q1 2020 were CNY 3,941,042.52, down 39% from CNY 6,457,020.33 in Q1 2019[20] Government Subsidies - Government subsidies recognized in the current period amounted to CNY 3,210,798.88, contributing to other income[8]