国创高新(002377) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥639,139,343.51, a decrease of 37.23% compared to ¥1,018,276,868.64 in the same period last year[9] - The net profit attributable to shareholders was -¥753,545.83, representing a decline of 100.99% from ¥76,223,189.70 in the previous year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,994,831.89, down 97.34% from ¥75,097,190.00 year-on-year[9] - The basic earnings per share for the reporting period was -¥0.0008, a decline of 100.96% from ¥0.0832 in the same period last year[9] - The diluted earnings per share also stood at -¥0.0008, reflecting the same percentage decline as the basic earnings per share[9] - The total comprehensive income for the period was a loss of ¥3,020,736.62, compared to a profit of ¥73,399,427.54 in the same period last year[38] Cash Flow and Liquidity - The net cash flow from operating activities was -¥384,426,833.38, worsening by 90.00% compared to -¥202,816,927.13 in the same period last year[9] - Cash and cash equivalents decreased by 30.06% to ¥787.20 million due to reduced collections impacted by the pandemic[17] - The company reported a cash and cash equivalents balance of ¥684,434,596.91 at the end of the period, down from ¥751,415,165.94 at the end of the previous year[45] - The net cash flow from operating activities was -136,326,491.31 CNY, a decrease from -96,549,970.75 CNY in the previous period, indicating a worsening cash flow situation[47] - The total cash inflow from financing activities was 70,807,657.50 CNY, compared to 52,300,540.00 CNY in the previous period, reflecting a 35.4% increase[48] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,429,623,649.71, a decrease of 3.35% from ¥6,652,746,391.78 at the end of the previous year[9] - Total liabilities as of March 31, 2020, were CNY 539,005,858.29, down from CNY 707,919,193.57 at the end of 2019[34] - The total assets amounted to 6,652,746,391.78 CNY, remaining stable compared to the previous period[51] - The total liabilities were 1,263,508,501.84 CNY, unchanged from the previous period[51] Operating Expenses - Operating costs decreased by 34.40% to ¥562.22 million, aligning with the drop in revenue[17] - The company reported a significant increase in operating expenses, with non-operating expenses rising by 469.87% to ¥7.42 million due to pandemic-related donations[17] - Total operating costs for Q1 2020 were CNY 643,547,334.60, down 31.7% from CNY 942,511,084.57 in the same period last year[37] Research and Development - Research and development expenses increased by 38.21% to ¥15.45 million, indicating a focus on innovation[17] - Research and development expenses for Q1 2020 were CNY 15,448,306.89, an increase from CNY 11,177,277.60 in Q1 2019[37] Other Income and Receivables - Other income surged by 2352.12% to ¥5.07 million, driven by increased government subsidies and tax incentives[17] - Other receivables rose by 30.16% to ¥369.55 million, attributed to increased deposits and loans[17] Management and Reporting - The company has not reported any new product launches or significant market expansion strategies during this period[48] - The company has not audited its first-quarter report[55] - The report was presented by Chairman Wang Xin on April 29, 2020[56]