国华网安(000004) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥23,253,018.88, a decrease of 78.26% compared to ¥106,952,791.02 in the same period last year[8] - Net profit attributable to shareholders was ¥3,816,023.46, down 28.67% from ¥5,350,063.36 year-on-year[8] - Basic and diluted earnings per share were both ¥0.0231, representing a decrease of 63.74% from ¥0.0637[8] - Total operating revenue for Q1 2020 was CNY 23,253,018.88, a decrease of 78.24% compared to CNY 106,952,791.02 in Q1 2019[39] - Net profit for Q1 2020 was CNY 3,575,280.89, a decline of 25.4% from CNY 4,785,998.10 in Q1 2019[40] - Total comprehensive income attributable to the parent company was CNY 3,816,023.46, down from CNY 5,350,063.36 in the previous period[41] - Operating revenue for the first quarter was CNY 160,416.03, a decrease of 19.8% compared to CNY 200,025.00 in the previous period[43] - Net profit for the first quarter was CNY -1,248,546.10, compared to a net profit of CNY 32,725,581.17 in the same period last year, indicating a significant decline[44] Cash Flow and Assets - The net cash flow from operating activities was -¥37,942,955.99, a decline of 1,056.72% compared to ¥3,965,950.76 in the previous year[8] - Cash flow from operating activities showed a net outflow of CNY -37,942,955.99, compared to a net inflow of CNY 3,965,950.76 in the previous period[48] - Cash and cash equivalents decreased to RMB 66,839,900.47 from RMB 147,843,571.46 over the same period[29] - Cash and cash equivalents at the end of the period were CNY 66,849,943.10, a decrease from CNY 83,995,883.48 at the end of the previous period[49] - The ending balance of cash and cash equivalents was 38,723,910.73 CNY, down from 77,687,587.18 CNY in the previous period[52] - The company reported a net increase in cash and cash equivalents of -54,672,746.89 CNY for the period[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,477,356,853.90, a decrease of 1.15% from ¥1,494,490,266.24 at the end of the previous year[8] - The company's total assets as of March 31, 2020, were CNY 1,411,402,419.92, slightly down from CNY 1,416,011,020.82 at the end of 2019[36] - Total liabilities decreased to CNY 15,977,097.28 in Q1 2020 from CNY 21,739,856.41 in Q1 2019, reflecting a reduction of 26.5%[36] - The company reported a total current liability of RMB 62,119,314.30, down from RMB 85,564,628.83[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,779[12] - The largest shareholder, Shenzhen Zhongnongda Technology Investment Co., Ltd., held 14.47% of the shares, amounting to 23,876,848 shares[12] Operational Changes and Strategies - The company completed the issuance of shares to acquire 100% of Zhiyou Network Security, with the approval from the China Securities Regulatory Commission received on December 18, 2019[18] - The company plans to focus on new product development and market expansion as part of its future strategy[43] - The company conducted 13 communication sessions regarding its main business and the impact of the COVID-19 pandemic during the reporting period[23] Expenses and Investments - Research and development expenses for Q1 2020 were CNY 5,875,152.83, significantly higher than CNY 1,017,599.91 in Q1 2019, indicating a focus on innovation[40] - The company reported a significant reduction in sales expenses, which fell to CNY 6,316,246.58 from CNY 79,714,192.95, a decrease of 92.1%[40] - The company reported a significant increase in management expenses to CNY 1,561,693.42 from CNY 883,250.37, reflecting higher operational costs[43] - Investment income for the period was CNY 44,218,500.00, contributing positively despite the overall loss[44] Legal and Compliance - The company is involved in a lawsuit regarding Guangzhou Huaxing Automobile Co., Ltd., with a claim of RMB 11,178,082.32; the first-instance judgment was in favor of the company, but the plaintiff has appealed[19] - The company has no overdue external guarantees or non-operating fund occupation by controlling shareholders or related parties during the reporting period[24][25] - The company did not undergo an audit for the first quarter report[53] - The company did not apply new revenue and leasing standards for the current reporting period[53] - The company has not engaged in any securities investments or derivative investments during the reporting period[20][22]