安博通(688168) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 23,602,409.32, down 19.19% from CNY 29,206,057.73 in the same period last year[5] - The net profit attributable to shareholders of the listed company was CNY -1,813,621.44, a substantial increase in loss compared to CNY -31,526.70 in the same period last year[5] - Net loss for Q1 2020 was CNY 1,948,251.67, compared to a net loss of CNY 530,296.59 in Q1 2019, representing a significant increase in losses[29] - The net profit for Q1 2020 was ¥311,104.98, a decrease of 69.9% from ¥1,034,640.83 in Q1 2019[32] - The company’s total comprehensive income for Q1 2020 was ¥311,104.98, down from ¥1,034,640.83 in Q1 2019[32] Cash Flow - Net cash flow from operating activities was CNY -17,766,811.68, compared to CNY -6,787,529.27 in the previous year, indicating a significant decline[5] - The net cash flow from operating activities was -¥17,766,811.68 in Q1 2020, worsening from -¥6,787,529.27 in Q1 2019[35] - The company reported a total cash inflow from operating activities of ¥56,842,281.07 in Q1 2020, an increase from ¥47,982,820.81 in Q1 2019[34] - The total cash outflow from operating activities was ¥74,609,092.75 in Q1 2020, compared to ¥54,770,350.08 in Q1 2019[35] - Cash received from tax refunds increased by 127.21% to ¥1,469,799.74, driven by higher VAT refunds[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,025,983,759.84, a decrease of 3.66% compared to the end of the previous year[5] - The total liabilities decreased to ¥27,223,708.31 from ¥64,289,030.02, showing a significant reduction in financial obligations[21] - Total assets decreased to ¥1,025,983,759.84 from ¥1,064,997,333.22, indicating a reduction in overall asset value[20] - Total current assets amounted to 1,017,982,074.85, while total non-current assets were 47,015,258.37, leading to a total asset value of 1,064,997,333.22[41] - Current liabilities totaled $32,606,539.13, including accounts payable of $17,515,911.33 and employee compensation payable of $7,502,442.01[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,377[7] - The largest shareholder, Zhong Zhu, held 26.30% of the shares, amounting to 13,460,000 shares[7] - The company's equity totaled 1,000,708,303.20, with the attributable equity to shareholders amounting to 999,665,911.12[42] Research and Development - Research and development expenses accounted for 36.03% of operating revenue, an increase of 13.62 percentage points year-on-year[5] - Research and development expenses increased to CNY 8,502,936.54 in Q1 2020, up 30% from CNY 6,545,039.10 in Q1 2019[28] - Research and development expenses rose to ¥4,116,737.75 in Q1 2020, up 114.0% from ¥1,921,407.81 in Q1 2019[31] Financial Position - Financial expenses decreased significantly by 448.66% to -¥527,656.14, attributed to a reduction in loan interest and an increase in interest income[12] - Deferred income tax assets increased by 39.79% to CNY 4,334,391.09, reflecting the provision for bad debt during the reporting period[11] - The company reported a significant increase in accounts receivable, which reached CNY 18,943,801.08, up 1031.45% due to the receipt of bank acceptance bills[10] - The company incurred a credit impairment loss of -¥3,011,977.99 in Q1 2020, compared to -¥134,474.06 in Q1 2019[31] Changes in Accounting Standards - The company implemented new revenue and leasing standards starting January 1, 2020, affecting the financial statements[39] - The company has implemented new revenue recognition standards effective January 1, 2020, impacting financial reporting[48]