北京科锐(002350) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥213,935,879.03, a decrease of 58.77% compared to ¥518,844,638.76 in the same period last year[8] - The net profit attributable to shareholders was -¥45,934,000.93, representing a decline of 743.76% from ¥7,135,292.37 in the previous year[8] - The net cash flow from operating activities was -¥62,763,689.90, down 137.98% from ¥165,235,955.41 in the same period last year[8] - Basic earnings per share were -¥0.0932, a decrease of 738.36% compared to ¥0.0146 in the previous year[8] - Operating income decreased by 304.91 million yuan, a decline of 58.77%, primarily due to delays in resuming work caused by the COVID-19 pandemic, affecting order delivery and acceptance in the first quarter[17] - Net profit attributable to shareholders decreased by 53.07 million yuan, a drop of 743.76%, mainly due to significant revenue decline from the impact of the COVID-19 pandemic[18] - Cash flow from operating activities decreased by 227.99 million yuan, a decrease of 137.98%, primarily due to delayed payments from the Southern Power Grid settlement adjustment[18] - The company reported a net loss of ¥47,420,507.01 for Q1 2020, compared to a net profit of ¥9,612,332.55 in the same period last year, indicating a significant decline in profitability[56] - Operating revenue decreased to ¥167,950,449.42 in Q1 2020 from ¥454,178,276.44 in Q1 2019, representing a year-over-year decline of approximately 63.0%[58] - The company reported a total comprehensive loss of ¥47,420,507.01 for Q1 2020, compared to a comprehensive income of ¥9,612,332.55 in Q1 2019[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,210,258,901.76, a reduction of 5.07% from ¥3,381,698,827.50 at the end of the previous year[8] - The company's total assets decreased to ¥2,667,865,537.33 from ¥2,877,464,251.49, indicating a decline of approximately 7.3%[52] - Current liabilities totaled ¥1,122,830,056.02, down from ¥1,292,177,599.62, representing a reduction of about 13.1%[52] - The company's accounts receivable decreased to ¥918,759,177.73 from ¥1,065,246,638.23 at the end of 2019[46] - The total liabilities of the company were $1.29 billion, reflecting a significant portion of the total assets[73] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,777[12] - The largest shareholder, Beijing Creative Northern Technology Development Co., Ltd., held 27.11% of the shares, amounting to 133,678,139 shares[12] - The company did not engage in any repurchase transactions during the reporting period[13] - The controlling shareholder, Keri North, plans to reduce its holdings by up to 9,861,323 shares, representing 2.00% of the total share capital[27] - The company has appointed Mr. Zhu Ming as the general manager and Mr. Shen Wei and Mr. Li Jinming as deputy general managers, each with a term of three years[28] Government Support and Subsidies - The company received government subsidies totaling ¥591,731.24 during the reporting period, which included various specific subsidies[10] Cash Flow and Investments - The company’s cash and cash equivalents net increase decreased by 40.31 million yuan, a decline of 88.59%, due to the combined effects of various changes[19] - The company is actively utilizing idle funds for investment and wealth management[29] - The company reported a net cash flow from operating activities of -$72.67 million, a significant decrease from $138.99 million in the previous period, indicating a decline in operational efficiency[65] - The cash flow from investment activities was -$0.40 million, a decrease from -$134.27 million, indicating improved investment management[66] Research and Development - Research and development expenses for Q1 2020 were ¥16,749,171.70, down from ¥27,393,739.18, indicating a reduction of about 38.9%[55] - The company incurred research and development expenses of ¥10,699,553.47 in Q1 2020, a decrease of 37.5% compared to ¥17,220,764.48 in Q1 2019[58] Share Repurchase and Equity Management - The company repurchased a total of 4,627,021 shares, accounting for 0.9384% of the total share capital, with a total transaction amount of approximately 25.02 million yuan[21] - The company is implementing a share repurchase plan with a budget of up to RMB 200 million, with a maximum repurchase price of RMB 10 per share[30] - Cumulatively, the total shares repurchased reached 18,737,660, accounting for approximately 3.8002% of the total share capital, with a total cost of RMB 111,752,392.62[33] Changes in Accounting Standards - The company has adopted the new revenue recognition standards starting January 1, 2020, impacting the classification of contract assets and liabilities[75] - The company reclassified completed but unsettled assets from inventory to contract assets under the new revenue standards[73] - Contract liabilities were recognized for advance payments received before transferring goods to customers[73]