积成电子(002339) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥143,724,648.99, a decrease of 37.81% compared to ¥231,089,115.54 in the same period last year[8] - The net profit attributable to shareholders was -¥60,123,278.31, representing a decline of 22.44% from -¥49,104,364.36 year-over-year[8] - The basic earnings per share decreased by 33.33% to -¥0.12 from -¥0.09 in the same period last year[8] - The company's operating income decreased by 37.81% year-on-year, mainly due to a reduction in contract acceptance and delivery caused by the pandemic[17] - The net profit for the first quarter was a loss of CNY 61,738,333.31, compared to a loss of CNY 47,039,916.51 in the same period last year, reflecting an increase in losses[42] - The total comprehensive income for the first quarter was a loss of CNY 61,738,333.31, compared to a loss of CNY 47,039,916.51 in the previous year[43] - The company reported a total profit loss of CNY 62,866,130.54 for the first quarter, compared to a loss of CNY 45,818,401.99 in the previous year[42] Cash Flow - The net cash flow from operating activities was -¥64,215,312.72, a significant drop of 168.35% compared to -¥23,929,568.70 in the previous year[8] - The cash flow from operating activities was CNY 388,593,248.68, down from CNY 523,220,892.27 in the previous period[49] - The company's cash flow from operating activities was impacted by a 39.9% decrease in cash received from sales of goods and services, totaling 244,655,327.07 CNY compared to 405,472,680.99 CNY previously[53] - The total cash outflow from operating activities was 452,808,561.40 CNY, down from 547,150,460.97 CNY, showing a decrease of approximately 17.2%[50] - The company reported a net cash outflow from financing activities of -2,146,321.32 CNY, compared to -134,974,961.87 CNY in the previous period, showing an improvement in financing cash flow[51] - The company reported a net cash flow from investment activities of 3,892,231.51 CNY, down from 48,421,801.71 CNY, highlighting a significant reduction in investment activity[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,374,501,914.68, down 5.84% from ¥3,583,752,336.84 at the end of the previous year[8] - The total assets of the company as of March 31, 2020, were approximately CNY 3.37 billion, a decrease from CNY 3.58 billion at the end of the previous year[33] - Total liabilities amounted to CNY 1,566,795,918.27, with current liabilities at CNY 1,218,981,941.80 and non-current liabilities at CNY 347,813,976.47[58] - The company's equity totaled CNY 1,479,828,240.57, down from CNY 1,531,888,613.08 at the end of 2019[38] - The company's total equity as of January 1, 2020, was adjusted to CNY 1,531,888,613.08 due to the new accounting standards[63] Shareholder Information - The total number of common shareholders at the end of the reporting period was 44,227[12] - The largest shareholder, Shandong State-owned Assets Investment Holding Co., Ltd., held 10.23% of the shares, totaling 52,337,588 shares[12] - The company did not engage in any repurchase transactions during the reporting period[13] - The company repurchased 7,712,526 shares, accounting for 1.51% of the total share capital, with a total transaction amount of approximately CNY 47.80 million[20] Research and Development - Research and development expenses increased by 105.44% year-on-year, attributed to increased investment in capitalized R&D projects during the reporting period[17] - Research and development expenses increased to CNY 27,738,482.94 from CNY 13,501,901.38 year-over-year[41] - Research and development expenses increased to CNY 17,294,653.12 from CNY 6,312,165.19 in the previous period, indicating a focus on innovation[45] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥1,794,373.82 for the period[9] - The company's investment income decreased by 144.91% year-on-year, primarily due to reduced investment income from joint ventures and associates[17] - The company's other income decreased by 42.59% year-on-year, mainly due to a reduction in software revenue and VAT refund income[17] - The company experienced a credit impairment loss of CNY -2,589,618.74, compared to a gain of CNY 2,641,232.29 in the previous year[46] - The company reported a net loss of CNY 4,366,095.05 in credit impairment losses for the quarter[41] Accounting Changes - The company has implemented new revenue recognition standards starting January 1, 2020, affecting the reporting of retained earnings and other financial statement items[59]