东华软件(002065) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,727,038,577.62, representing a 5.43% increase compared to ¥1,638,024,012.88 in the same period last year[3]. - Net profit attributable to shareholders was ¥158,471,548.39, up 2.38% from ¥154,795,109.80 year-on-year[3]. - The net profit after deducting non-recurring gains and losses decreased by 5.03% to ¥146,825,729.62 from ¥154,598,860.81 in the previous year[3]. - Basic and diluted earnings per share were both ¥0.0509, reflecting a 2.41% increase from ¥0.0497 year-on-year[3]. - Total operating revenue for the first quarter of 2020 was CNY 1,727,038,577.62, an increase from CNY 1,638,024,012.88 in the same period last year, representing a growth of approximately 5.5%[22]. - The total profit for the first quarter was ¥163,894,928.05, compared to ¥158,530,138.31 in the previous year, representing an increase of approximately 3.0%[24]. - The company reported a decrease in tax expenses, with income tax expenses of ¥13,300,221.99 compared to ¥9,585,845.91 in the previous year, indicating an increase of about 38.5%[24]. - The total comprehensive income for the first quarter of 2020 was approximately ¥225.83 million, an increase from ¥197.54 million in the same period last year, representing a growth of about 14.26%[28]. Cash Flow - The net cash flow from operating activities improved by 24.91%, reaching -¥634,652,320.00 compared to -¥845,178,960.26 in the same period last year[3]. - Cash inflow from operating activities totaled approximately ¥1.27 billion, down from ¥1.59 billion year-over-year, reflecting a decrease of about 20.26%[29]. - Cash outflow from operating activities was approximately ¥1.91 billion, compared to ¥2.44 billion in the previous year, a reduction of about 21.73%[30]. - Cash inflow from financing activities was approximately ¥1.05 billion, an increase from ¥828.05 million year-over-year, representing a growth of about 26.36%[31]. - The net cash flow from financing activities was positive at approximately ¥237.29 million, compared to a negative cash flow of ¥241.97 million in the previous year[31]. - The ending cash and cash equivalents balance was approximately ¥1.51 billion, a decrease from ¥668.30 million in the same period last year[31]. - The company reported a cash outflow from investment activities of approximately ¥71.27 million, compared to ¥42.29 million in the previous year, indicating an increase in investment expenditures[33]. - The company’s cash and cash equivalents increased by approximately ¥42.76 million during the quarter, contrasting with a decrease of ¥551.16 million in the same period last year[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥16,869,423,176.93, a slight increase of 0.20% from ¥16,835,002,423.20 at the end of the previous year[3]. - The total liabilities decreased to CNY 7,120,241,747.12 from CNY 7,236,031,266.27, reflecting a reduction of approximately 1.6%[18]. - The total equity attributable to shareholders of the parent company rose to CNY 9,682,593,935.63 from CNY 9,523,851,201.80, marking an increase of about 1.7%[18]. - Current assets totaled CNY 14,576,555,734.88, with cash and cash equivalents at CNY 1,980,680,688.09[35]. - The total current liabilities amounted to CNY 6,991,689,507.97, a slight decrease from CNY 7,105,295,464.95, indicating a reduction of about 1.6%[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 115,765[6]. - The top ten shareholders held a combined 64.66% of the company's shares, with Beijing Donghua Integrity Computer Technology Development Co., Ltd. holding the largest share at 20.41%[6]. - Net assets attributable to shareholders increased by 1.67% to ¥9,682,593,935.63 from ¥9,523,851,201.80 at the end of the previous year[3]. Expenses and Income - Research and development expenses for the first quarter amounted to ¥32,220,086.22, slightly higher than ¥31,709,174.51 in the previous year, showing an increase of about 1.6%[26]. - Financial expenses increased by 53.17% year-on-year, mainly due to a decrease in deposit interest[9]. - Other income increased by 63.41% year-on-year, primarily due to an increase in government subsidies received[9]. - Investment income increased by 91.11% year-on-year, attributed to increased investment income from equity method accounted joint ventures[9]. - The company experienced a decline in investment income, reporting a loss of ¥344,647.73 compared to a loss of ¥3,877,230.01 in the previous year, indicating an improvement in investment performance[24]. Government Subsidies - The company received government subsidies amounting to ¥13,936,515.56 during the reporting period[4]. - Other income for the first quarter was reported at ¥20,624,584.14, up from ¥12,621,282.23 in the previous year, reflecting a growth of approximately 63.3%[24]. Changes in Accounting Standards - The report indicates the implementation of new revenue and leasing standards starting in 2020, with no retrospective adjustments made[39].