东晶电子(002199) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥44,581,081.85, representing a slight increase of 0.22% compared to ¥44,482,375.26 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥541,007.39, an improvement of 89.10% from a loss of ¥4,964,363.92 in the previous year[7] - The basic earnings per share improved by 89.22%, from -¥0.0204 to -¥0.0022[7] - Operating profit improved by 88.92% to -¥543,561.07 from -¥4,904,439.12 in the previous year, driven by increased gross profit, interest income, and exchange gains[16] - Net loss for Q1 2020 was CNY 541,007.39, an improvement from a net loss of CNY 4,964,363.92 in Q1 2019[41] - The net profit for the first quarter of 2020 was -1,109,686.30 CNY, an improvement from -1,249,191.01 CNY in the same period last year, indicating a reduction in losses by approximately 11.2%[45] Cash Flow - The net cash flow from operating activities increased by 70.45% to ¥10,616,085.11, up from ¥6,228,227.11 in the same period last year[7] - Cash received from sales of goods and services increased by 64.06% to ¥44,884,408.57 from ¥27,358,789.69 in the same period last year, indicating stronger sales performance[17] - Cash flow from operating activities rose by 70.45% to ¥10,616,085.11 compared to ¥6,228,227.11 in the previous year, reflecting improved cash collection from sales[18] - Net cash and cash equivalents increased by 48.49% to ¥6,936,359.79 from ¥4,671,171.24, driven by increased cash receipts from sales[18] - The company reported cash inflows from operating activities totaling 51,000,808.45 CNY, compared to 40,210,326.31 CNY in the previous year, reflecting a growth of about 26.5%[48] - The company reported a net increase in cash and cash equivalents of 6,936,359.79 CNY for the quarter, compared to 4,671,171.24 CNY in the previous year, representing an increase of about 48.4%[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥477,115,425.09, a decrease of 0.88% from ¥481,375,542.13 at the end of the previous year[7] - The company's total liabilities were CNY 81,110,455.39, down from CNY 84,829,565.04, showing a decrease of about 4.1%[33] - The company's equity attributable to shareholders decreased to CNY 396,004,969.70 from CNY 396,545,977.09, a decline of approximately 0.1%[34] - The company's current assets totaled CNY 275,299,398.62, down from CNY 283,750,196.58 at the end of 2019, indicating a decline of approximately 2.6%[31] - Total current assets amounted to CNY 283,750,196.58 as of December 31, 2019[55] - Total non-current assets reached CNY 197,625,345.55, leading to total assets of CNY 481,375,542.13[55] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,327[11] - The top shareholder, Beijing Qianshi Chuangfu, holds 14.80% of the shares, totaling 36,036,036 shares[11] Expenses - Total operating costs decreased to CNY 47,097,159.88, down 8.03% from CNY 51,146,015.89 year-on-year[40] - The company reported a decrease in management expenses to CNY 4,357,366.08, down from CNY 4,949,067.69 in the previous year[40] - Research and development expenses were CNY 2,912,311.58, slightly down from CNY 2,977,568.90 year-on-year[40] Tax and Financial Income - Tax and additional fees decreased by 67.29% to ¥223,634.61 compared to ¥683,778.56 in the same period last year due to reduced property tax and land use fees[16] - Financial expenses increased by 484.79% to -¥1,236,470.15, primarily due to increased interest income and exchange gains compared to the previous year[16] - The company reported a financial income of CNY 968,100.66, compared to CNY 111,320.95 in the previous year[40] Compliance and Risk Management - The company has implemented measures to strengthen monitoring of foreign exchange hedging activities to mitigate currency risk[24] - There were no instances of non-compliance with external guarantees during the reporting period[25] - The company did not experience any non-operational fund occupation by controlling shareholders or related parties during the reporting period[26] - The first quarter report for 2020 was not audited, indicating potential risks in financial reporting accuracy[59] - The company has adopted new revenue and lease standards starting in 2020, which may impact future financial reporting[58]