卓翼科技(002369) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥647,729,880.41, representing a 14.21% increase compared to ¥567,143,770.97 in the same period last year[8] - The net profit attributable to shareholders was -¥22,420,468.05, a decrease of 472.03% from ¥6,026,589.80 in the previous year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥42,962,113.91, down 893.74% from ¥5,412,595.66 in the same period last year[8] - The basic earnings per share were -¥0.040, a decrease of 500.00% from ¥0.010 in the same period last year[8] - The diluted earnings per share were also -¥0.040, reflecting a 500.00% decrease from ¥0.010 in the previous year[8] - The weighted average return on equity was -1.13%, down 1.42% from 0.29% in the same period last year[8] - Net profit for Q1 2020 was a loss of ¥22.90 million, a decrease of 481.21% compared to a profit of ¥6.01 million in the same period last year[17] - Total profit for the period was a loss of ¥33.89 million, down 963.29% from a profit of ¥3.93 million in the previous year[17] - The company reported a total comprehensive loss of CNY 22.90 million for Q1 2020, compared to a comprehensive income of CNY 6.01 million in the previous year[41] Cash Flow and Liquidity - The net cash flow from operating activities was ¥200,345,863.43, a decline of 21.93% compared to ¥256,637,537.83 in the previous year[8] - Cash and cash equivalents decreased by 43.74% to ¥92.68 million, primarily due to increased payments for goods and services[18] - The company's cash flow from operating activities increased by 123.20% to ¥31.32 million, driven by higher government subsidies received[18] - Cash inflows from operating activities totaled CNY 1.11 billion, an increase from CNY 960.77 million in the previous year, indicating strong cash generation capabilities[47] - Cash inflow from operating activities totaled CNY 649,583,586.66, compared to CNY 449,933,412.70 in the previous period, indicating a growth of approximately 44%[51] - Cash outflow from operating activities was CNY 613,610,249.13, an increase of 108% from CNY 294,403,993.93 in the previous period[51] - Total cash and cash equivalents at the end of the period reached CNY 580,914,759.35, up from CNY 519,541,829.36, reflecting a net increase of CNY 92,677,875.60[49] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,748,974,318.07, a decrease of 4.86% from ¥3,940,522,560.07 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were ¥1,965,236,302.15, down 1.13% from ¥1,987,656,770.20 at the end of the previous year[8] - Total current liabilities decreased to CNY 1,080,000,000.00 from CNY 1,327,000,000.00, reflecting a reduction of approximately 18.6%[30] - Total liabilities decreased to CNY 1,002,116,894.92 from CNY 1,073,137,458.25 at the end of 2019, reflecting a reduction of approximately 6.6%[36] - The total equity attributable to shareholders was CNY 2,298,483,482.29, slightly up from CNY 2,295,391,189.96 at the end of 2019[36] Research and Development - Research and development expenses increased by 34.97% to ¥36.51 million, reflecting a significant increase in R&D investment[16] - Research and development expenses increased to CNY 36,509,139.37, representing a rise of 35% compared to CNY 27,049,322.83 in Q1 2019[39] - Research and development expenses increased to CNY 19.21 million, up from CNY 10.11 million, reflecting a growth of approximately 90% year-over-year, indicating a focus on innovation[43] Government Subsidies and Other Income - The company reported non-recurring gains of ¥20,541,645.86, primarily from government subsidies and other income[9] - The company received government subsidies amounting to ¥24.75 million, a significant increase of 656.09% compared to the previous year[16] - Other income increased significantly to CNY 24,751,362.65 from CNY 3,273,602.82 in the previous year, marking a growth of over 655%[39] - The company reported other income of CNY 12.94 million, a substantial increase from CNY 2.82 million in the previous year, indicating improved financial management[43] Investment Activities - The company’s investment activities resulted in a net cash outflow of ¥63.78 million, a 32.23% increase compared to the previous year[18] - The company reported a net loss from investment of CNY 318,612.27 in Q1 2020[39] Changes in Financial Position - The company's total assets as of March 31, 2020, were CNY 3,300,600,377.21, a decrease from CNY 3,368,528,648.21 at the end of 2019[36] - The company's fixed assets increased to CNY 1,266,037,777.04 from CNY 1,228,647,910.45, representing an increase of approximately 3.0%[31] - The long-term equity investments decreased to CNY 3,089,058.58 from CNY 3,407,670.85, a decline of about 9.3%[31] - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[20] - There were no significant changes in the company's financial investments or derivative investments during the reporting period[21][23] - The company did not engage in any share buybacks during the reporting period[22]