深科技(000021) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥3,322,746,606.73, a decrease of 8.74% compared to ¥3,640,928,607.51 in the same period last year[4] - The net profit attributable to shareholders for Q1 2020 was ¥81,362,323.58, representing a decline of 22.24% from ¥104,638,093.40 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥105,728,475.01, a significant increase of 3070.52% compared to ¥3,334,738.85 in the same period last year[4] - The basic earnings per share for Q1 2020 was ¥0.0553, down 22.22% from ¥0.0711 in the same period last year[4] - The company reported a total operating cost of CNY 3,532,499,187.75 after adjustments for Q1 2019, down from CNY 3,533,134,089.99 before adjustments[18] - The company's operating profit for Q1 2019 was CNY 140,088,821.69 after adjustments, compared to CNY 139,284,512.86 before adjustments[18] - The company reported a decrease in its shareholding in Jierong Technology to 3.99% after selling 21,000 shares during the reporting period[26] - The company’s total comprehensive income for Q1 2020 was CNY 60,107,040.70, down from CNY 131,353,388.40 in the same quarter last year[42] Cash Flow and Liquidity - The net cash flow from operating activities for Q1 2020 was ¥239,574,840.20, an increase of ¥257,016,756.76 from -¥17,441,916.56 in the previous year[4] - Cash paid for purchasing goods and services decreased by 34.48% compared to the same period last year, mainly due to a reduction in payments to suppliers[11] - Cash paid for acquiring fixed assets, intangible assets, and other long-term assets increased by 103.15% compared to the same period last year, mainly due to increased investment in construction projects[11] - The total cash inflow from financing activities was CNY 7,622,693,122.05, compared to CNY 3,483,960,361.20 in Q1 2019[46] - The ending balance of cash and cash equivalents was 274,140,335.96 CNY, a decrease from 371,438,859.86 CNY in the previous period, reflecting a decline in liquidity[49] Assets and Liabilities - The total assets at the end of Q1 2020 were ¥18,766,024,248.65, an increase of 1.69% from ¥18,453,360,448.50 at the end of the previous year[4] - The total liabilities amounted to CNY 11,60 billion, compared to CNY 11.35 billion, reflecting an increase of 2.19%[35] - The company's total liabilities were CNY 4,333,545,708.89, with current liabilities at CNY 4,253,925,219.96 and non-current liabilities at CNY 79,620,488.93[56] - The total equity attributable to shareholders of the parent company was CNY 6.96 billion, up from CNY 6.92 billion, indicating a growth of 0.54%[36] Investments and Subsidiaries - The company established a wholly-owned subsidiary in Hefei with a registered capital of 5 million yuan to enhance its core competitiveness in the storage chip industry[15] - The company holds a 20.54% stake in Onna Technology Group, which increased its total share capital during the reporting period[27] - The company has not made any securities investments during the reporting period[25] Financial Management and Strategy - The company has established a strict internal evaluation and monitoring mechanism for derivative operations to mitigate risks associated with foreign exchange fluctuations[29] - The company’s derivative investment strategy aims to lock in exchange rates and interest rates to avoid risks associated with currency and interest rate fluctuations[29] - The company engaged in multiple investor relations activities, including on-site visits and phone communications, to discuss strategic development and industry conditions[30] Regulatory and Reporting - The company implemented new revenue recognition standards starting January 1, 2020, without retrospective adjustments to prior period data[55] - The first quarter report for 2020 was not audited, indicating preliminary financial results[57]