KEBODA(SH:603786)2020-04-21 16:00Financial Performance - Operating income for the period was approximately ¥609.05 million, down 7.25% from the same period last year[4] - Net profit attributable to shareholders of the listed company was approximately ¥96.39 million, an increase of 23.47% year-on-year[4] - Basic earnings per share for the period were ¥0.2409, representing an increase of 11.07% compared to the same period last year[5] - Total operating revenue for Q1 2020 was ¥609,054,950.76, a decrease of 7.2% compared to ¥656,678,348.20 in Q1 2019[20] - Net profit for Q1 2020 reached ¥105,718,200.43, an increase of 14.2% from ¥92,585,940.69 in Q1 2019[22] - The total comprehensive income for Q1 2020 was ¥105,730,797.75, compared to ¥92,574,798.34 in Q1 2019, indicating a growth of 14.2%[23] - The net profit for Q1 2020 was CNY 35,536,373.37, a decrease of 49.6% compared to CNY 70,455,843.51 in Q1 2019[28] - The total operating income for Q1 2020 was CNY 38,818,473.51, down from CNY 68,796,161.28 in the same period last year, reflecting a decline of 43.7%[28] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥3.93 billion, a decrease of 0.19% compared to the end of the previous year[4] - Total liabilities decreased to ¥455,341,976.63 from ¥575,212,625.28, a reduction of about 20.83%[15] - Total current assets increased to ¥2,894,174,915.53, up from ¥2,874,734,290.58, reflecting a growth of approximately 0.83%[14] - Accounts receivable decreased to ¥720,519,903.62 from ¥785,741,439.30, a decline of about 8.29%[14] - Inventory rose to ¥684,140,600.20, compared to ¥643,446,286.56, marking an increase of approximately 6.67%[14] - Total equity attributable to shareholders increased to ¥3,344,014,575.62 from ¥3,240,865,610.65, reflecting a growth of approximately 3.19%[16] Cash Flow - Net cash flow from operating activities reached approximately ¥186.93 million, a significant increase of 192.53% compared to the previous year[4] - Cash and cash equivalents increased by 113.92% to ¥484,935,384.08 from ¥226,686,343.68 due to the redemption of financial products and bill discounting[10] - Operating cash flow net amount increased by 192.53% to ¥186,926,496.92 from ¥63,899,984.36 primarily due to reduced procurement[11] - Investment cash flow net amount was ¥120,620,856.26 compared to -¥21,371,132.62 in the previous period, mainly due to the redemption of financial products[11] - Cash flow from operating activities for Q1 2020 was CNY 186,926,496.92, an increase from CNY 63,899,984.36 in Q1 2019[29] - The company reported total cash inflow from investment activities of CNY 555,909,158.97, compared to CNY 24,000.00 in Q1 2019[30] - The net cash flow from investment activities was CNY 120,620,856.26, a significant improvement from a negative CNY 21,371,132.62 in the previous year[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,134, with the largest shareholder holding 59.85% of the shares[8] Government Subsidies and Other Income - The company reported government subsidies recognized in the current period amounting to approximately ¥13.86 million[6] - Other income increased by 430.27% to ¥13,858,595.94 from ¥2,613,500.00 primarily due to increased government subsidies[10] - Investment income rose by 81.89% to ¥3,301,573.28 from ¥1,815,163.90 due to increased returns from financial products[10] Expenses and Costs - Total operating costs for Q1 2020 were ¥501,506,032.78, down 8.5% from ¥548,254,070.60 in Q1 2019[20] - R&D expenses for Q1 2020 were ¥49,811,450.89, up 19.5% from ¥41,651,429.14 in Q1 2019[22] - Tax expenses decreased by 77.14% to ¥8,248,058.07 from ¥36,077,802.74 mainly due to reduced VAT and income tax[10] Other Financial Metrics - The weighted average return on net assets decreased by 1.12 percentage points to 2.93%[4] - Short-term borrowings decreased by 100% to ¥0 from ¥50,000,000.00 as the borrowings matured[10] - Other current liabilities decreased to ¥402,048,836.78 from ¥521,606,523.94, a decline of approximately 22.91%[15] - Long-term equity investments decreased slightly to ¥191,619,430.31 from ¥195,742,695.82, a decline of about 2.29%[14]