北斗星通(002151) - 2020 Q1 - 季度财报

Financial Performance - Revenue for Q1 2020 was CNY 705,470,636.44, an increase of 19.34% compared to CNY 591,162,950.32 in the same period last year[2]. - Net profit attributable to shareholders was CNY 20,991,075.45, a significant turnaround from a loss of CNY 16,670,400.87, representing a growth of 225.92%[2]. - The net profit after deducting non-recurring gains and losses was CNY 7,422,049.61, improving by 131.41% from a loss of CNY 23,632,422.68 in the previous year[2]. - Basic earnings per share increased to CNY 0.0428 from a loss of CNY 0.030, marking a growth of 242.67%[2]. - The company reported a net cash flow from operating activities of CNY -107,206,047.56, worsening by 56.04% compared to CNY -68,703,667.14 in the same period last year[2]. - The total operating revenue for the first quarter of 2020 was CNY 705,470,636.44, an increase from CNY 591,162,950.32 in the same period last year, representing a growth of approximately 19.3%[27]. - The net profit for the current period is 4,440,979.24 CNY, a significant recovery from a net loss of 17,032,744.83 CNY in the previous period[30]. - The company reported a gross profit margin improvement, with operating profit rising to 9,506,831.21 CNY from a loss of 15,465,074.71 CNY[30]. - The total comprehensive income attributable to the parent company's owners is 9,852,540.94 CNY, a recovery from a loss of 41,065,040.68 CNY in the previous period[31]. - Basic and diluted earnings per share for the current period are both 0.0428 CNY, compared to a loss of 0.030 CNY in the previous period[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,958,543,696.22, a decrease of 3.00% from CNY 6,142,688,000.58 at the end of the previous year[2]. - The total liabilities decreased to CNY 2,353,457,025.26 from CNY 2,546,298,738.96, reflecting a reduction of about 7.6%[23]. - The total assets amounted to CNY 4,479,122,399.15, down from CNY 4,529,532,961.70, indicating a decrease of approximately 1.1%[25]. - The total current liabilities were CNY 1,930,601,798.21 as of January 1, 2020[42]. - Long-term borrowings stood at CNY 356,386,459.58 as of January 1, 2020[42]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 80,079, with the top ten shareholders holding significant stakes[5]. - Major shareholder Zhou Ruxin held 29.86% of the shares, while the National Integrated Circuit Industry Investment Fund held 11.99%[5]. - The net assets attributable to shareholders increased to CNY 3,263,580,519.24, up by 0.77% from CNY 3,238,739,381.18[2]. - The equity attributable to the parent company increased to CNY 3,263,580,519.24 from CNY 3,238,739,381.18, showing a growth of about 0.8%[23]. Cash Flow - Cash and cash equivalents decreased by CNY 260.43 million, a decline of 25.88%, primarily due to repayment of bank loans of CNY 105 million and capital expenditures of CNY 98.85 million[9]. - Cash inflow from operating activities totaled CNY 853,435,722.28, an increase from CNY 688,795,965.82 in the previous year[35]. - Cash outflow from operating activities was CNY 960,641,769.84, up from CNY 757,499,632.96 year-over-year[36]. - Cash inflow from financing activities was CNY 75,500,000.00, compared to CNY 30,000,000.00 in the same period last year[37]. - Cash outflow from financing activities totaled CNY 120,540,116.71, a decrease from CNY 309,263,651.39 year-over-year[37]. - The ending balance of cash and cash equivalents was CNY 728,223,327.68, down from CNY 1,077,569,024.80 year-over-year[38]. Operational Metrics - Accounts receivable increased by CNY 73.79 million, up 32.33%, mainly due to an increase in bill settlements from smart connected vehicle customers[9]. - Prepayments rose by CNY 47.96 million, an increase of 63.08%, attributed to increased inventory purchases of critical raw materials due to the pandemic[9]. - R&D expenses increased by CNY 17.72 million, up 65.13%, reflecting continued investment in automotive electronics[10]. - Research and development expenses increased to 44,931,550.86 CNY from 27,210,058.80 CNY, marking a growth of approximately 65.2%[28]. - The company reported a significant decrease in financial expenses, down to 8,533,606.53 CNY from 11,427,500.72 CNY, a reduction of approximately 25.5%[28]. Regulatory and Accounting Changes - The company has not conducted an audit for the first quarter report[47]. - The company is implementing new accounting standards for revenue and leases starting from 2020[47]. - The company reclassified CNY 128,014,972.72 from "prepayments" to "contract liabilities" starting January 1, 2020, in accordance with the new revenue recognition standards[42].