建业股份(603948) - 2020 Q1 - 季度财报

Financial Performance - Revenue decreased by 24.34% to CNY 332,096,285.99 compared to the same period last year[5] - Net profit attributable to shareholders decreased by 30.02% to CNY 28,031,145.93 compared to the same period last year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 39.32% to CNY 24,066,077.81 compared to the same period last year[5] - Basic earnings per share decreased by 36.36% to CNY 0.21 per share compared to the same period last year[5] - The company reported a significant increase in accounts receivable, rising to CNY 129,884,159.91 from CNY 97,941,195.02, an increase of 32.6%[23] - The net profit for Q1 2020 was ¥25,493,338.41, down 33.2% from ¥38,134,669.16 in Q1 2019[28] - The total profit for Q1 2020 was ¥29,632,350.67, down 33.9% from ¥44,864,316.66 in Q1 2019[28] - The operating profit for Q1 2020 was ¥26,703,180.08, a decrease of 40.5% from ¥44,861,016.66 in Q1 2019[27] Assets and Liabilities - Total assets increased by 42.95% to CNY 1,581,160,614.57 compared to the end of the previous year[5] - Current assets totaled CNY 1,109,402,613.63 as of March 31, 2020, an increase from CNY 710,250,358.98 at the end of 2019[23] - Total liabilities decreased to CNY 219,524,363.61 in Q1 2020 from CNY 263,713,118.60 in Q1 2019, indicating a reduction of approximately 16.8%[24] - Shareholders' equity increased to CNY 1,323,991,051.23 in Q1 2020 from CNY 801,953,527.73 in Q1 2019, representing a growth of 64.9%[24] - Cash and cash equivalents decreased by 36.79% to ¥177,542,186.55 from ¥280,883,616.54, primarily due to investments in financial products[14] - The total cash and cash equivalents at the end of Q1 2020 reached ¥663,201,187.51, up from ¥255,723,456.17 at the end of Q1 2019, reflecting a growth of 159.1%[35] Cash Flow - Operating cash flow decreased by 71.17% to CNY 8,861,565.13 compared to the same period last year[5] - Cash flow from operating activities for Q1 2020 was ¥219,200,943.26, a decrease of 18.0% compared to ¥267,378,309.76 in Q1 2019[30] - The company reported a total cash inflow from operating activities of ¥225,840,014.97, down from ¥270,270,342.52 in Q1 2019, a decline of 16.5%[31] - Cash flow from financing activities generated a net inflow of ¥464,941,095.94, a substantial recovery from a net outflow of ¥24,286,295.03 in the same quarter last year[35] - The company received ¥513,966,037.74 from financing activities, indicating strong investor confidence and support[35] Expenses - Management expenses decreased by 35.42% to ¥5,920,985.74 from ¥9,167,811.18, attributed to reduced operational activities due to the pandemic[15] - The company reported a 35.78% decrease in income tax expenses to ¥4,926,003.49, reflecting a reduction in total profit[16] - Research and development expenses for Q1 2020 were CNY 9,339,989.16, up from CNY 7,577,980.73 in Q1 2019, reflecting a growth of 23.3%[25] - The company incurred research and development expenses of ¥9,339,989.16 in Q1 2020, an increase of 23.2% from ¥7,577,980.73 in Q1 2019[27] Government Support - Government subsidies recognized in the current period amounted to CNY 4,911,031.47[8] - Revenue from other income increased by 24207.21% to ¥3,232,859.00, primarily due to government subsidies unrelated to daily operations[15] Strategic Initiatives - The company plans to continue expanding its financial investments and exploring new market opportunities[18]