东华科技(002140) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥255,287,248.21, a decrease of 40.28% compared to ¥427,446,229.07 in the same period last year[9] - Net profit attributable to shareholders was ¥31,664,722.35, representing a 3.20% increase from ¥30,682,358.04 in the previous year[9] - Basic earnings per share increased by 3.32% to ¥0.0592 from ¥0.0573 year-on-year[9] - The company's operating revenue for the reporting period was 255.29 million yuan, a decrease of 40.28% compared to the same period last year[21] - The net cash flow from operating activities was -373.81 million yuan, a decrease of 77.29% compared to the same period last year[22] - The company reported a net profit of 1,418,871,396.07 in retained earnings, showing a healthy profit retention strategy[56] - Total operating revenue for the current period is ¥255,287,248.21, a decrease of 40.3% compared to ¥427,446,229.07 in the previous period[65] - Net profit for the current period is ¥31,809,815.38, an increase of 3.3% from ¥30,781,382.42 in the previous period[71] - The company’s total comprehensive income for the current period is ¥31,809,815.38, compared to ¥30,781,382.42 in the previous period, showing an increase of 3.3%[76] Cash Flow - The net cash flow from operating activities was -373,807,162.29 yuan, compared to -210,848,494.63 yuan in the previous period, indicating a decline of approximately 77.4%[80] - Total cash inflow from operating activities was 298,824,969.20 yuan, down from 451,122,061.04 yuan, representing a decrease of about 33.8%[80] - The net cash flow from investing activities was 13,840,113.11 yuan, a recovery from -38,155,991.03 yuan in the previous period[83] - Cash inflow from financing activities totaled 48,373,750.00 yuan, while cash outflow was 35,153,084.40 yuan, resulting in a net cash flow of 13,220,665.60 yuan[83] - The ending balance of cash and cash equivalents was 1,134,353,523.98 yuan, compared to 1,100,590,224.05 yuan in the previous period, reflecting an increase of about 3.1%[83] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,522,326,386.27, down 2.27% from ¥6,673,569,147.39 at the end of the previous year[9] - The balance of monetary funds at the end of the reporting period was 1.14 billion yuan, a decrease of 23.30% from the beginning of the year[21] - The balance of accounts receivable financing at the end of the reporting period was 176.31 million yuan, an increase of 157.80% from the beginning of the year[21] - Total liabilities decreased from 4,423,114,535.18 to 4,202,047,683.28, a reduction of approximately 4.99%[56] - Current liabilities decreased from 3,829,139,775.81 to 3,609,572,923.91, a decline of about 5.74%[56] - The company's equity increased from 2,250,454,612.21 to 2,320,278,702.99, an increase of approximately 3.09%[56] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,924[12] - The largest shareholder, Chemical Industry Third Design Institute Co., Ltd., held 58.12% of the shares, totaling 316,962,401 shares[12] Government Support and Incentives - The company received government subsidies amounting to ¥11,752.45 during the reporting period[9] - The company implemented a restricted stock incentive plan, granting 10.125 million shares at a price of 3.79 yuan per share, accounting for 1.89% of the total share capital[32] - The company completed the grant registration for the 2019 restricted stock incentive plan, with a total of 10.125 million shares granted to 168 individuals[35] Research and Development - Research and development expenses increased significantly to ¥24,018,183.55, up 208.5% from ¥7,788,218.46 in the previous period[69] Financial Management - The company’s financial expenses showed a net income of -¥793,584.79, compared to a cost of ¥656,770.79 in the previous period, indicating improved financial management[69] - Tax expenses for the current period increased to ¥6,023,914.81, up from ¥5,497,780.24 in the previous period, reflecting a rise of 9.5%[71] Other Information - There were no significant changes in the company's strategy or new product developments mentioned during the call[20] - The company has not yet audited its first-quarter report for 2020, which may affect the reliability of the reported figures[103] - The company is implementing new revenue and lease standards, which may impact future financial reporting and comparisons[103]