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顺丰控股(002352) - 2020 Q1 - 季度财报
SF HoldingSF Holding(SZ:002352)2020-04-23 16:00

Financial Performance - Operating revenue for Q1 2020 was CNY 33,541,441,446.94, representing a 39.59% increase compared to CNY 24,027,959,841.71 in the same period last year[4] - Net profit attributable to shareholders was CNY 907,294,330.70, a decrease of 28.16% from CNY 1,263,228,586.24 in the previous year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 831,990,690.78, showing a slight decrease of 0.48% compared to CNY 835,983,098.41 last year[4] - Total operating revenue for Q1 2020 was CNY 33.54 billion, an increase of 39.6% compared to CNY 24.03 billion in Q1 2019[33] - Net profit for Q1 2020 was CNY 833.56 million, a decrease of 32.3% from CNY 1.23 billion in Q1 2019[34] - The company reported a decrease in comprehensive income for Q1 2020, totaling CNY 842.45 million, compared to CNY 1.05 billion in the same period last year[34] Cash Flow and Liquidity - Net cash flow from operating activities reached CNY 1,909,482,845.62, an increase of 34.28% from CNY 1,421,831,229.75 in the same period last year[4] - Cash and cash equivalents decreased by 62.25% to CNY 6,992,063,008.70 from CNY 18,520,991,737.10[12] - The company's cash flow from operating activities was not detailed in the provided documents, indicating a need for further analysis on liquidity[33] - The total cash flow from operating activities was CNY 1,909,482,845.62, up from CNY 1,422,013,453.27 in the previous period, representing an increase of about 34.3%[39] - Cash and cash equivalents at the end of the period totaled CNY 6,509,720,123.00, down from CNY 9,225,844,920.08 at the end of the previous period, a decrease of approximately 29.4%[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 95,475,242,093.51, reflecting a 3.18% increase from CNY 92,535,386,807.84 at the end of the previous year[4] - Total liabilities amounted to CNY 51,649,801,194.72, compared to CNY 50,041,775,826.46, showing a growth of approximately 3.2%[29] - Total current assets increased to CNY 45,070,423,017.44 from CNY 42,897,020,225.26, reflecting a growth of approximately 5.1% year-over-year[27] - Total non-current assets increased to CNY 50,404,819,076.07 from CNY 49,638,366,582.58, indicating a growth of approximately 1.5%[27] - The total liabilities to equity ratio stands at approximately 1.18, indicating a balanced leverage position[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,486[7] - The largest shareholder, Shenzhen Mingde Holdings Development Co., Ltd., held 61.21% of the shares[7] - Net assets attributable to shareholders amounted to CNY 43,651,571,832.83, up 2.90% from CNY 42,419,713,739.80 at the end of last year[4] - The total equity attributable to shareholders increased to CNY 43,651,571,832.83 from CNY 42,419,713,739.80, reflecting a growth of approximately 2.9%[29] Research and Development - Research and development expenses rose by 38.61% to CNY 328,233,400.70 from CNY 236,810,886.68[12] - The company's R&D expenses in Q1 2020 amounted to CNY 328.23 million, representing a 38.5% increase from CNY 236.81 million in the previous year[33] - The company reported a significant increase in research and development expenses, totaling CNY 1,441.86 for the current period, although no previous period data was provided for comparison[36] Government Subsidies and Other Income - The company received government subsidies totaling CNY 130,647,631.00, significantly higher than CNY 58,801,488.54 in the same period last year[5] - Other income surged by 928.27% to CNY 281,121,068.96 from CNY 27,339,303.65[12] Financial Management and Investments - The company has invested a total of 1,494,500,000 CNY from its own funds and 301,000,000 CNY from raised funds in entrusted financial management products, with a total balance of 1,638,000,000 CNY[17] - The company has no overdue or unrecovered amounts from entrusted financial management[17] - The company has established effective risk control measures for its foreign exchange hedging activities, including market, liquidity, credit, operational, and legal risks[22] - The company has not engaged in any high-risk entrusted financial management activities during the reporting period[18] - The company has no violations regarding external guarantees during the reporting period[23] - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[23] Compliance and Reporting - The company has adjusted its financial statements in accordance with new revenue and leasing standards starting from 2020[43] - The company has not made any adjustments to the comparative data prior to the implementation of the new revenue and leasing standards[49] - The company has not undergone an audit for the first quarter report[49] - The company is implementing the new revenue accounting standards effective January 1, 2020, without adjustments to prior periods[49] Investor Relations - The company has conducted investor communication activities on March 24 and March 27, 2020, as recorded in their investor relations activity logs[24]