辉煌科技(002296) - 2020 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2020 was ¥59,765,104.01, a decrease of 29.74% compared to ¥85,068,095.65 in the same period last year[7] - Net profit attributable to shareholders increased by 142.20% to ¥12,745,831.46 from ¥5,262,503.48 year-on-year[7] - Net profit excluding non-recurring gains and losses rose by 172.26% to ¥11,187,867.25 compared to ¥4,109,332.65 in the previous year[7] - Basic earnings per share increased by 141.43% to ¥0.0338 from ¥0.0140 in the same period last year[7] - Total operating revenue for Q1 2020 was CNY 59,765,104.01, a decrease of 29.7% compared to CNY 85,068,095.65 in Q1 2019[40] - Net profit for Q1 2020 reached CNY 11,063,777.96, an increase of 128.5% compared to CNY 4,838,017.39 in Q1 2019[41] - The total comprehensive income for the period was ¥14,563,536.11, compared to ¥6,565,199.08 in the previous year, marking a 121.5% increase[45] - The total profit for the period was ¥16,152,341.74, an increase of 118.4% from ¥7,388,322.12 in the same period last year[44] Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥15,743,876.83, a decline of 236.08% compared to -¥4,684,608.63 in the previous year[7] - The company’s cash and cash equivalents decreased from RMB 333,460,212.01 on December 31, 2019, to RMB 294,642,332.26 on March 31, 2020, a decline of approximately 11.6%[32] - Cash and cash equivalents decreased to CNY 254,586,308.73 from CNY 283,390,718.67 at the end of 2019[35] - The company reported a financial expense of CNY -1,097,408.66 in Q1 2020, compared to CNY 1,792,589.70 in Q1 2019[41] - The company incurred a financial expense of -¥1,056,763.74, compared to a financial expense of ¥1,777,371.45 in the previous year, indicating a significant improvement[44] - The net cash flow from operating activities was -11,849,155.50 yuan, a significant decline compared to the previous period's positive cash flow of 510,053.74 yuan[51] - Total cash inflow from operating activities decreased to 79,891,444.22 yuan, down from 91,760,302.82 yuan in the prior period, representing a decline of approximately 12.9%[51] - Cash outflow from operating activities increased slightly to 91,740,599.72 yuan, compared to 91,250,249.08 yuan in the previous period[51] - The net cash flow from investing activities was -662,364.85 yuan, an improvement from -47,815,696.18 yuan in the prior period[52] - The net cash flow from financing activities was -17,287,500.80 yuan, compared to -188,046,623.85 yuan in the previous period, indicating a significant reduction in cash outflow[52] - The ending cash and cash equivalents balance was 235,795,631.52 yuan, a decrease from 440,172,663.15 yuan at the beginning of the period[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,823,839,990.84, a decrease of 2.33% from ¥1,867,276,002.10 at the end of the previous year[7] - The company’s total assets decreased from RMB 1,867,276,002.10 on December 31, 2019, to RMB 1,823,839,990.84 on March 31, 2020, a decline of approximately 2.3%[33] - Total liabilities as of March 31, 2020, were CNY 367,682,363.55, down from CNY 408,915,550.50 at the end of 2019[38] - The company’s total liabilities decreased from RMB 1,249,065,286.97 on December 31, 2019, to RMB 1,208,805,585.79 on March 31, 2020, a decline of approximately 3.2%[32] Contracts and Projects - The company signed a contract for the Zhengzhou Metro Line 4 comprehensive monitoring system integration project with a contract amount of RMB 142,160,000.00, currently in the debugging stage[17] - The company signed a contract for the Luoyang Metro Line 1 comprehensive monitoring system procurement project with a contract amount of RMB 92,516,306.00, currently in the stocking phase[18] - The company received a bid notification for the Zhengzhou Metro Line 3 Phase I comprehensive monitoring system integration project with a bid amount of RMB 59,860,000.00[18] Research and Development - The company’s R&D expenses for Q1 2020 were CNY 13,907,047.18, slightly down from CNY 14,157,019.75 in the same period last year[41] - Research and development expenses rose to ¥7,454,478.62, an increase of 12.6% from ¥6,617,862.51 in the same period last year[44] Other Income and Subsidies - The company received government subsidies amounting to ¥2,198,502.22 during the reporting period[8] - The company recorded other income of ¥9,393,560.59, significantly higher than ¥1,210,000.00 in the previous year[44] Adjustments and Audits - The company did not adjust prior period comparative data under the new revenue and leasing standards implemented in 2020[53] - The first quarter report was not audited, indicating that the figures may be subject to change upon final audit[54]