川大智胜(002253) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥37,010,326.04, a decrease of 14.86% compared to ¥43,470,115.95 in the same period last year[8] - The net profit attributable to shareholders was ¥3,052,704.28, down 26.98% from ¥4,180,439.99 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥1,099,423.21, a significant decline of 69.69% compared to ¥3,627,355.00 in the previous year[8] - The company reported a total asset value of ¥1,693,988,295.61 at the end of the reporting period, a decrease of 1.00% from ¥1,711,135,104.86 at the end of the previous year[8] - The company experienced a 36.92% decrease in operating costs, amounting to a reduction of ¥11,410,400, due to the impact of the pandemic on contract execution[16] - Total operating revenue for Q1 2020 was RMB 37,010,326.04, a decrease of 14.1% from RMB 43,470,115.95 in the same period last year[33] - Total operating costs decreased by 29.5% to RMB 32,713,193.72 from RMB 46,437,513.71 year-on-year[33] - Net profit for Q1 2020 was RMB 4,077,440.59, representing a 28.1% increase compared to RMB 3,183,665.19 in Q1 2019[34] - The company's gross profit margin improved to 11.4% in Q1 2020 from 8.5% in Q1 2019[33] - The total profit for Q1 2020 was RMB 4,439,241.67, up from RMB 3,728,288.00 in Q1 2019[34] Cash Flow - The net cash flow from operating activities was -¥56,523,821.96, representing a decrease of 585.38% from -¥8,247,052.81 in the same period last year[8] - The net cash flow from operating activities decreased by CNY 48.28 million, a decline of 585.38%, primarily due to early procurement for new contracts[17] - The net cash flow from investing activities decreased by CNY 10.78 million, a decline of 76.35%, mainly due to increased investments in long-term assets[17] - The net cash flow from financing activities decreased by CNY 0.35 million, a decline of 212.16%, primarily due to increased interest payments[18] - The company's operating cash flow for the first quarter of 2020 was -56,523,821.96 RMB, a significant decline compared to -8,247,052.81 RMB in the same period last year, indicating a worsening cash flow situation[38] - Total cash inflow from operating activities decreased to 66,027,465.72 RMB, down from 71,232,150.24 RMB year-over-year, reflecting a decline of approximately 7.5%[38] - Cash outflow from operating activities increased to 122,551,287.68 RMB, compared to 79,479,203.05 RMB in the previous year, representing a rise of about 54.2%[38] - The net cash flow from investment activities was -24,907,537.04 RMB, worsening from -14,124,007.94 RMB in the prior year, indicating increased investment expenditures[39] - The company reported a net cash flow from financing activities of -509,814.52 RMB, compared to -163,318.74 RMB in the same period last year, showing a decline in financing activities[39] - The ending cash and cash equivalents balance decreased to 144,091,927.96 RMB from 265,072,549.76 RMB year-over-year, a drop of approximately 45.7%[39] Assets and Liabilities - As of March 31, 2020, total current assets amounted to CNY 676.36 million, a decrease from CNY 692.78 million as of December 31, 2019[26] - Cash and cash equivalents were CNY 144.09 million as of March 31, 2020, down from CNY 226.03 million as of December 31, 2019[26] - Accounts receivable stood at CNY 161.66 million as of March 31, 2020, slightly down from CNY 163.06 million as of December 31, 2019[26] - Inventory increased to CNY 207.92 million as of March 31, 2020, compared to CNY 182.23 million as of December 31, 2019[26] - Long-term equity investments were CNY 120.07 million as of March 31, 2020, compared to CNY 118.81 million as of December 31, 2019[26] - Total assets decreased from CNY 1,711,135,104.86 to CNY 1,693,988,295.61, a decline of approximately 1.5%[27] - Non-current assets slightly decreased from CNY 1,018,350,361.79 to CNY 1,017,627,074.11, a reduction of about 0.07%[27] - Current liabilities decreased from CNY 139,222,796.37 to CNY 120,473,062.01, a decrease of approximately 13.5%[27] - Total liabilities decreased from CNY 263,320,169.17 to CNY 243,483,454.50, a decline of about 7.4%[28] - Owner's equity increased from CNY 1,447,814,935.69 to CNY 1,450,504,841.11, an increase of approximately 0.2%[28] - Cash and cash equivalents decreased from CNY 202,700,964.23 to CNY 125,288,665.60, a decline of about 38.2%[30] - Accounts receivable decreased from CNY 146,730,569.70 to CNY 138,549,880.52, a reduction of approximately 5.5%[30] - Inventory increased from CNY 128,446,961.87 to CNY 145,928,022.80, an increase of about 13.7%[30] - Development expenditures increased from CNY 234,331,940.18 to CNY 248,302,470.13, an increase of approximately 6.0%[27] - Long-term borrowings remained stable at CNY 30,000,000.00[28] Research and Development - The company developed a high-precision 3D facial recognition camera and software, achieving a recognition accuracy of 98%-99% for masked faces, significantly outperforming traditional 2D recognition[14] - The total contract amount for access control products related to facial recognition reached nearly ¥80 million in Q1 2020, covering applications in schools, transportation, and hospitals[14] - Research and development expenses were RMB 5,468,035.33, down 23.1% from RMB 7,108,413.74 in the previous year[33] Other Information - The company reported no securities investments, entrusted financial management, or derivative investments during the reporting period[21] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[22] - The company has not reported any significant new product developments or market expansions during this period[43]