DCITS(SZ:000555)2020-04-14 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥2,123,304,206.17, a decrease of 1.91% compared to ¥2,164,640,060.19 in the same period last year[8]. - Net profit attributable to shareholders was ¥29,464,993.65, down 13.68% from ¥34,135,746.97 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥23,671,543.79, a decline of 26.85% compared to ¥32,361,194.40 in the previous year[8]. - Basic earnings per share were ¥0.0304, down 14.12% from ¥0.0354 year-on-year[8]. - Total operating revenue for the first quarter was ¥2,123,304,206.17, a decrease of 1.9% compared to ¥2,164,640,060.19 in the previous period[70]. - Net profit attributable to the parent company was ¥29,464,993.65, compared to ¥34,135,746.97 in the previous year, reflecting a decline of 13.3%[77]. - The company reported a net profit of ¥28,996,067.84, down from ¥38,314,168.71, reflecting a decline of 24.5%[74]. - The total comprehensive income for the current period was ¥17,899,046.72, compared to ¥1,055,974.33 in the previous period, reflecting a positive shift in overall financial health[84]. Cash Flow - The net cash flow from operating activities was -¥602,150,915.20, a decrease of 9.20% from -¥551,439,746.68 in the same period last year[8]. - Cash flow from operating activities generated a net outflow of ¥602,150,915.20, worsening from a net outflow of ¥551,439,746.68 in the previous period[88]. - Cash flow from investing activities showed a net inflow of ¥220,135,915.61, a recovery from a net outflow of ¥4,225,027.41 in the previous period[91]. - Cash flow from financing activities resulted in a net outflow of ¥434,854,580.27, compared to a smaller outflow of ¥54,225,494.33 in the previous period[91]. - The net increase in cash and cash equivalents was ¥789,710.97, compared to ¥400,382.56 in the previous period[98]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,490,371,802.67, a decrease of 11.76% from ¥10,755,502,029.77 at the end of the previous year[8]. - Total liabilities decreased to ¥4,128,111,011.25 from ¥5,433,177,976.15, indicating a reduction of approximately 24%[59]. - The total non-current assets slightly decreased to ¥2,951,792,310.80 from ¥2,978,026,060.99, reflecting a decline of approximately 0.9%[55]. - Total owner's equity was CNY 5,322,324,053.62, a decrease from CNY 5,333,720,709.16, reflecting a change of CNY 11,396,655.54[104]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 65,080[12]. - The largest shareholder, Shenzhou Digital Software Co., Ltd., held 40.14% of the shares, totaling 389,540,110 shares[12]. - Net assets attributable to shareholders were ¥5,264,369,629.57, an increase of 0.86% from ¥5,219,351,789.16 at the end of the previous year[8]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥6,864,083.17 during the reporting period[8]. - Other income increased by 175.90% to ¥12,173,268.66 from ¥4,412,124.96 due to a one-time government subsidy received by a subsidiary[26]. - The company received government subsidies amounting to 0 CNY during the reporting period[39]. Operational Changes - Research and development expenses increased to ¥112,952,927.36, up 18.5% from ¥95,376,073.36 year-over-year[74]. - The company adopted the new revenue recognition standards starting January 1, 2020, impacting the financial reporting[109]. - The first quarter report for 2020 was not audited[111]. Inventory and Receivables - Accounts receivable decreased by 82.27% to ¥7,322,217.88 from ¥41,291,473.89 as a result of collection of receivables[23]. - Inventory decreased by 37.46% to ¥1,121,822,456.85 from ¥1,793,740,641.70 due to completion of year-end stock delivery[23]. - The company reported a significant reduction in accounts receivable by ¥1,034,547,855.95, indicating improved cash collection[99].