天威视讯(002238) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was CNY 373,723,384.73, representing a 0.47% increase compared to CNY 371,978,541.49 in the same period last year[7]. - Net profit attributable to shareholders was CNY 36,809,198.96, a decrease of 32.21% from CNY 54,301,642.47 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was CNY 30,324,291.19, down 33.24% from CNY 45,421,923.67 in the previous year[7]. - Basic earnings per share decreased by 33.33% to CNY 0.06 from CNY 0.09 in the previous year[7]. - The company's operating profit for the current period is 36,397,779.07, compared to 52,720,625.26 in the previous period, reflecting a decrease of approximately 30.9%[56]. - The total profit for the current period is 36,592,716.01, down from 53,267,620.68 in the previous period, indicating a decline of about 31.3%[56]. - The net profit attributable to the parent company's owners is 36,809,198.96, compared to 54,301,642.47 in the previous period, representing a decrease of approximately 32.2%[59]. - The basic and diluted earnings per share for the current period are both 0.06, down from 0.09 in the previous period, a decline of 33.3%[59]. Cash Flow - The net cash flow from operating activities was CNY 20,062,069.65, a decline of 31.38% compared to CNY 29,235,514.90 in the same period last year[7]. - Cash flow from operating activities fell by 31.38% to ¥20,062,069.65, mainly due to increased project payments by subsidiaries[19]. - The cash inflow from operating activities totaled 197,477,622.41, down from 211,856,942.45 in the previous period, indicating a decrease of approximately 6.5%[74]. - The cash outflow for purchasing goods and services was 73,596,302.11, compared to 102,833,161.97 in the previous period, showing a decrease of about 28.5%[74]. - The net cash flow from investing activities was -91,159,725.75, slightly improved from -84,275,461.28 in the previous period[70]. - The net increase in cash and cash equivalents was -9,831,424.07, compared to -44,839,863.86 in the previous period, showing an improvement in cash flow management[77]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,813,337,336.50, a slight decrease of 0.27% from CNY 3,823,730,265.20 at the end of the previous year[7]. - The company's total assets decreased to CNY 2,944,699,234.85 from CNY 2,978,427,280.28, a decline of about 1.13%[48]. - The total liabilities decreased to CNY 581,172,409.92 from CNY 608,131,596.06, representing a reduction of approximately 4.43%[48]. - The total equity attributable to shareholders increased to CNY 2,363,526,824.93 from CNY 2,370,295,684.22, a slight decrease of about 0.29%[48]. - The company's cash and cash equivalents decreased to CNY 248,563,263.62 from CNY 258,394,687.69, a decline of approximately 3.21%[42]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,136[12]. - Net assets attributable to shareholders increased by 1.39% to CNY 2,686,026,785.68 from CNY 2,649,217,586.72 at the end of the previous year[7]. Expenses and Income - Total operating costs increased to CNY 339,351,191.00 from CNY 326,704,704.29, marking an increase of about 3.99%[53]. - Research and development expenses rose to CNY 13,709,902.95, compared to CNY 11,984,230.27 in the previous period, reflecting an increase of approximately 14.43%[53]. - Financial expenses increased by 271.23% to -¥5,830,077.91 due to rising interest expenses[19]. - Interest income grew by 103.27% to ¥6,476,321.49, attributed to increased interest from matured loans[19]. - Investment income dropped by 129.86% to -¥1,223,167.53 due to losses from associates and decreased interest income from structured deposits[19]. - The company recorded other income of 2,940,185.81 for the current period, up from 2,251,407.16 in the previous period, representing an increase of approximately 30.6%[60]. Tax and Regulatory Changes - Tax payable surged by 389.81% to ¥24,824,166.94 as a result of the new accounting standards affecting revenue recognition[19]. - Contract liabilities amounted to ¥322,127,270.92, reflecting the implementation of new accounting standards[19]. - The company received government subsidies amounting to CNY 4,218,458.98 during the reporting period[7].