佳华科技(688051) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue rose by 128.95% to CNY 137,493,257.32 year-on-year[5] - Net profit attributable to shareholders increased by 614.07% to CNY 25,245,958.42 compared to the same period last year[5] - Basic earnings per share reached CNY 0.47, up 487.50% from CNY 0.08 in the previous year[5] - Net profit surged by 615.92% to ¥27,458,835.37, reflecting significant improvements in operating profit[13] - Total comprehensive income attributable to the parent company increased by 571.67% to ¥27,103,895.41, driven by the rise in net profit[13] - Total revenue for Q1 2020 reached ¥137,493,257.32, a significant increase of 128.6% compared to ¥60,054,600.49 in Q1 2019[26] - Operating profit for Q1 2020 was ¥32,392,621.07, up from ¥7,214,472.81 in Q1 2019, representing a growth of 348.5%[27] - Net profit for Q1 2020 was ¥27,458,835.37, compared to ¥3,835,453.55 in Q1 2019, marking an increase of 616.5%[27] - Basic earnings per share for Q1 2020 were ¥0.47, compared to ¥0.08 in Q1 2019, reflecting a growth of 487.5%[28] Assets and Liabilities - Total assets increased by 97.13% to CNY 1,789,404,734.78 compared to the end of the previous year[5] - The company's total assets reached ¥1,789,404,734.78, up from ¥907,712,168.26, indicating an increase of 96.88%[18] - The total current assets increased to ¥1,360,377,949.43 from ¥475,087,041.43, representing a growth of 186.66%[17] - The total liabilities decreased to ¥396,144,867.28 from ¥424,332,903.80, a reduction of 6.64%[19] - Total liabilities for Q1 2020 were ¥208,523,962.83, compared to ¥196,929,330.33 in Q1 2019, indicating a rise of 5.4%[24] - The company's equity attributable to shareholders increased to ¥1,391,049,695.31 from ¥481,470,393.81, reflecting a growth of 189.66%[19] - Shareholders' equity stood at approximately $238.94 million, including a capital reserve of about $156.58 million[43] Cash Flow - The net cash flow from operating activities was negative at CNY -93,398,479.00, worsening by 106.84% compared to the previous year[5] - Cash received from sales decreased by 58.26% to ¥28,188,238.53, primarily due to delayed payments caused by the pandemic[13] - Operating cash flow for Q1 2020 was negative at -¥93,398,479.00, worsening from -¥45,153,982.69 in the same period last year[31] - Cash inflow from operating activities totaled ¥43,159,775.03 in Q1 2020, down from ¥71,794,605.25 in Q1 2019[31] - The company reported a cash flow from financing activities net amount of ¥882,745,743.66 in Q1 2020, compared to ¥128,627,916.36 in Q1 2019[32] Research and Development - Research and development expenses as a percentage of revenue decreased by 3.40 percentage points to 9.45%[6] - Research and development expenses increased by 68.27% to ¥12,986,451.14, attributed to a rise in R&D personnel[13] - Research and development expenses for Q1 2020 were ¥12,986,451.14, up from ¥7,717,821.49 in Q1 2019, an increase of 68.5%[26] Shareholder Information - The total number of shareholders reached 11,219 by the end of the reporting period[10] - The largest shareholder, Beijing Weiqing Information Technology Co., Ltd., holds 31.63% of the shares[10] Other Financial Metrics - The company's cash and cash equivalents increased by 671.41% to ¥910,636,721.54 due to funds raised from the IPO[12] - The weighted average return on net assets decreased by 2.10 percentage points to 1.93%[5] - The company reported non-recurring gains of CNY 1,911,575.41 during the period[8] - The company reported a credit impairment loss of ¥-8,899,870.07 in Q1 2020, compared to a gain of ¥2,809,691.34 in Q1 2019[27] - Other comprehensive income for Q1 2020 was ¥-53,638.42, down from ¥7,310.53 in Q1 2019[27]