当虹科技(688039) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue fell by 24.19% to CNY 32,455,743.79 year-on-year[8] - Net profit attributable to shareholders decreased by 71.69% to CNY 1,733,453.74 compared to the same period last year[8] - Basic and diluted earnings per share dropped by 80.00% to CNY 0.02 per share[8] - The net profit attributable to the listed company decreased by 71.69% to ¥1,733,453.74, significantly impacted by the pandemic affecting major clients[15] - Net profit for Q1 2020 was CNY 1,733,453.74, a decrease of 71.7% compared to CNY 6,123,706.43 in Q1 2019[23] - Total comprehensive income for Q1 2020 was CNY 1,733,453.74, a decrease of 71.7% from CNY 6,123,706.43 in Q1 2019[23] Cash Flow - Net cash flow from operating activities was negative at CNY -80,906,984.20, a decline of 153.20% year-on-year[8] - Cash received from investment activities surged to 450,635,750.23 RMB, an increase of 801.27% compared to 50,000,000.00 RMB in the previous year[16] - Cash outflow from operating activities totaled CNY 116,784,021.39, an increase of 39.0% compared to CNY 84,122,096.57 in Q1 2019[26] - Cash flow from investment activities showed a net outflow of -CNY 635,044,972.03, compared to -CNY 203,290,406.00 in Q1 2019[26] - Cash and cash equivalents at the end of Q1 2020 were CNY 292,331,336.94, significantly up from CNY 23,055,440.55 at the end of Q1 2019[26] Assets and Liabilities - Total assets decreased by 2.57% to CNY 1,474,766,060.83 compared to the end of the previous year[8] - The company reported a total asset value of 1,474,766,060.83 RMB as of March 31, 2020, compared to 1,513,613,537.01 RMB at the end of 2019[21] - Total liabilities amounted to 75,497,118.48 RMB, down from 116,078,048.40 RMB, indicating a reduction of 34.93%[21] - The company’s cash and cash equivalents decreased to 465,351,152.94 RMB from 1,187,253,254.12 RMB, a decline of 60.80%[20] Expenses - Operating costs increased to 21,648,233.22 RMB, up from 17,758,909.24 RMB, representing a rise of 21.00%[22] - Sales expenses decreased by 32.46% to ¥4,072,978.63, mainly due to reduced travel and entertainment expenses amid the pandemic[15] - Management expenses increased by 61.54% to ¥5,770,961.62, primarily due to increased personnel costs[15] - Tax expenses decreased by 71.69% to ¥192,605.97, primarily due to a decline in operating profit[15] - Financial expenses increased by 250.48% to -¥4,304,306.04, mainly due to increased interest income from bank deposits[15] Shareholder Information - The total number of shareholders was 6,345 at the end of the reporting period[11] - The largest shareholder, Dalian Hongchang Enterprise Management Partnership, held 15.75% of the shares[12] Research and Development - R&D investment accounted for 33.75% of operating revenue, an increase of 7.02 percentage points compared to the previous year[8] - Research and development expenses were reported at 10,955,064.75 RMB, slightly down from 11,445,242.15 RMB, reflecting a decrease of 4.28%[22] Changes in Accounting Standards - The company will implement the new revenue recognition standards starting January 1, 2020, affecting the financial statements[30] - The cumulative impact of the new revenue standards will adjust the financial statement amounts at the beginning of 2020[30]