北方华创(002371) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥937,940,633.62, representing a 32.49% increase compared to ¥707,938,610.32 in the same period last year[3]. - The net profit attributable to shareholders for Q1 2020 was ¥26,486,491.27, up 33.01% from ¥19,913,839.63 in the previous year[3]. - The basic earnings per share for Q1 2020 was ¥0.0540, an increase of 24.14% from ¥0.0435 in the previous year[3]. - The company reported a gross profit of ¥328,461,178.42 for Q1 2020, reflecting improved profitability[28]. - Net profit for Q1 2020 was ¥35,818,904.30, up from ¥28,072,894.99 year-over-year[28]. Cash Flow - The net cash flow from operating activities reached ¥721,968,606.28, a significant improvement of 384.40% compared to -¥253,858,888.67 in the same period last year[3]. - Cash received from sales and services in Q1 2020 was CNY 1,779,728,303.44, a significant increase of 172.92% year-on-year[10]. - The cash flow from operating activities generated a net inflow of CNY 721,968,606.28, a significant improvement from a net outflow of CNY -253,858,888.67 in the same period last year[34]. - The cash inflow from investment activities was 300,994,416.71 CNY, while cash outflow was 1,360,000,030.14 CNY, resulting in a net cash flow of -1,059,005,613.43 CNY[37]. Assets and Liabilities - Total assets at the end of the reporting period were ¥14,148,797,396.59, reflecting a 3.01% increase from ¥13,734,762,794.66 at the end of the previous year[3]. - Total liabilities reached CNY 8,026,633,238.54, compared to CNY 7,634,555,817.19 in the previous period[22]. - The company's equity attributable to shareholders was CNY 5,882,766,367.70, slightly up from CNY 5,855,895,563.18[22]. - Contract liabilities as of March 31, 2020, amounted to CNY 2,644,410,387.38, reflecting a 79.61% increase from the beginning of the year[9]. Shareholder Information - The top shareholder, Beijing Qixing Huadian Technology Group Co., Ltd., held 35.99% of the shares, totaling 178,175,721 shares[6]. - The company reported a government subsidy of ¥48,003,396.03 during the reporting period[4]. Research and Development - Research and development expenses for Q1 2020 were ¥86,739,525.95, compared to ¥105,805,530.53 in the previous year, indicating a decrease[27]. - Research and development expenses for Q1 2020 were CNY 901,249.21, slightly down from CNY 992,651.77 in the same period last year[30]. Financial Position - The company has not audited the first-quarter report, indicating a preliminary financial assessment[42]. - The company has implemented new revenue and leasing standards, affecting the recognition of contract liabilities[42].