劲嘉股份(002191) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥907,343,238.10, a decrease of 10.12% compared to ¥1,009,539,352.72 in the same period last year[9] - The net profit attributable to shareholders was ¥214,806,334.48, down 17.09% from ¥259,077,299.07 year-on-year[9] - The basic earnings per share decreased by 11.76% to ¥0.15 from ¥0.17 in the same period last year[9] - The net profit attributable to shareholders for the first half of 2020 is expected to range from 37,186.26 million yuan to 51,131.11 million yuan, reflecting a decrease of 20% to 10% compared to the same period in 2019[27] - Net profit for the first quarter was CNY 219,752,241.59, down 20.7% from CNY 277,076,415.30 year-over-year[63] - Operating profit for the quarter was CNY 259,430,412.32, a decline of 19.9% from CNY 323,890,950.29 in the previous year[59] Cash Flow - The net cash flow from operating activities increased significantly by 164.75%, reaching ¥50,496,142.36 compared to ¥19,073,198.18 in the previous year[9] - Cash inflow from investment activities totaled 1,042,630,663.34 yuan, up 67.49% year-on-year, primarily due to the maturity redemption of bank principal-protected financial products[20] - Cash outflow from investment activities reached 958,771,036.55 yuan, an increase of 69.40%, due to higher payments for purchasing bank principal-protected financial products[20] - The net cash flow from operating activities was -3,248,315.60, a significant improvement from -21,237,630.86 in the previous period, indicating a reduction in cash outflow[77] - The total cash inflow from investment activities reached 919,209,535.99, compared to 633,942,448.20 previously, showing a strong increase of approximately 45%[77] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,820,022,745.70, reflecting a 1.70% increase from ¥8,672,684,776.37 at the end of the previous year[9] - Current liabilities decreased to approximately CNY 1.33 billion, down 4.7% from CNY 1.39 billion[46] - Total assets increased to CNY 6,950,711,120.70 from CNY 6,869,628,018.98, reflecting a growth of 1.2%[56] - Total liabilities decreased slightly to CNY 1,637,424,527.28 from CNY 1,638,079,772.64, a reduction of 0.04%[56] - The total assets amounted to 8,672,684,776.37, with total liabilities at 1,440,971,848.89, indicating a healthy asset-to-liability ratio[85] Shareholder Information - The top ten shareholders held a combined 71.44% of the company's shares, indicating a concentrated ownership structure[13] - The company did not engage in any repurchase transactions among its top ten shareholders during the reporting period[17] - The company has repurchased a total of 1,010,000 shares, accounting for 0.07% of the total share capital, with a total transaction amount of 9,066,087.03 yuan[25] - The total equity attributable to shareholders increased to approximately CNY 7.13 billion, up from CNY 6.93 billion, reflecting a growth of 3.0%[49] Operational Metrics - Accounts receivable increased by 227,711,798.82 yuan, a rise of 38.22% compared to the beginning of the year, due to lower cash collection than sales revenue during the reporting period[20] - Other receivables decreased by 48,572,591.63 yuan, a decline of 41.98%, attributed to the collection of dividends from affiliated companies[20] - The company reported a research and development expense of CNY 35,473,822.11, up 9.3% from CNY 32,449,362.58 year-over-year[59] - The company’s inventory decreased to approximately CNY 850.62 million, down 5.6% from CNY 901.06 million[40] - The company’s undistributed profits increased to approximately CNY 3.72 billion, up from CNY 3.51 billion, indicating a growth of 6.1%[49] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[34] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[35] - The company has not undergone an audit for the first quarter report of 2020[92] - The company has implemented new revenue and leasing standards starting in 2020, with no retrospective adjustments made to prior period comparative data[92]