维信诺(002387) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥412,267,907.45, representing a 99.49% increase compared to ¥206,664,891.07 in the same period last year[9] - The net profit attributable to shareholders was -¥257,408,393.84, an improvement of 33.60% from -¥387,668,118.44 year-over-year[9] - The basic and diluted earnings per share were both -¥0.1882, reflecting a 33.62% improvement from -¥0.2835 in the same quarter last year[9] - The net loss for the current period was ¥306,513,979.32, compared to a net loss of ¥444,986,793.02 in the previous period, showing an improvement of approximately 31.2%[60] - The total comprehensive loss for the current period was ¥306,513,979.32, compared to a loss of ¥444,986,793.02 in the previous period, reflecting a reduction of about 31.2%[64] Cash Flow - The net cash flow from operating activities was -¥361,409,528.79, showing a 27.56% improvement compared to -¥498,883,324.36 in the previous year[9] - Cash inflows from operating activities totaled 502,900,062.40 CNY, down from 601,632,103.00 CNY in the prior year, showing a decline of approximately 16.4%[76] - Cash outflows from operating activities were 864,309,591.19 CNY, compared to 1,100,515,427.36 CNY in the previous year, representing a decrease of about 21.5%[76] - Cash inflows from financing activities amounted to 1,637,076,138.00 CNY, an increase from 1,326,017,918.11 CNY in the previous year, indicating a growth of approximately 23.4%[78] - The net cash flow from financing activities was 174,049,371.81 CNY, a turnaround from -100,551,181.62 CNY in the same period last year[78] Assets and Liabilities - Total assets at the end of the reporting period were ¥36,796,961,675.16, a decrease of 0.95% from ¥37,151,081,512.31 at the end of the previous year[9] - The total current assets decreased to ¥6,237,023,572.04 from ¥6,999,936,865.44, indicating a reduction in liquidity[38] - Current liabilities totaled ¥10,593,922,421.07, up from ¥9,946,363,237.83, marking an increase of approximately 6.5%[44] - Total liabilities amounted to ¥17,891,282,244.18, slightly down from ¥17,938,888,102.01, a decrease of approximately 0.3%[44] - The total equity attributable to shareholders decreased to ¥14,715,094,087.75 from ¥14,972,502,481.59, reflecting a decline of about 1.7%[47] Investments and Expenses - The company reported an investment loss of ¥2,059,049.35, a significant increase of 301.78%, primarily from losses recognized from joint ventures[25] - Research and development expenses for the current period were ¥109,676,715.81, down from ¥154,072,728.04, representing a decrease of about 28.7%[57] - Financial expenses surged by 129.80% to ¥189,146,526.23, largely due to exchange rate fluctuations resulting in foreign exchange losses[22] Shareholder Information - The top shareholder, Tibet Zhihe Capital Management Co., Ltd., holds 32.13% of the shares, totaling 439,401,197 shares[14] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[18] Government Support - The company received government subsidies amounting to ¥6,123,009.02 during the reporting period[9] Changes in Accounting Standards - The company executed new revenue and leasing standards starting January 1, 2020, impacting financial reporting[86] - The company has adopted new revenue recognition standards since January 1, 2020, impacting the classification of certain account balances[96]