垒知集团(002398) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥453,247,465.15, representing a decrease of 25.21% compared to the same period last year[8] - The net profit attributable to shareholders for Q1 2020 was ¥52,904,936.08, down 40.80% year-over-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,171,891.01, a decline of 46.37% compared to the previous year[8] - The basic earnings per share for Q1 2020 was ¥0.08, a decrease of 38.46% from ¥0.13 in the same period last year[8] - Total operating revenue for the first quarter was CNY 453,247,465.15, compared to CNY 606,003,097.43 in the previous period, indicating a decline[44] - Net profit for the first quarter was ¥53,832,668, down from ¥92,745,134, indicating a decline of about 42% compared to the previous year[46] - The total profit for the quarter was ¥63,980,632.38, down from ¥108,058,430.40, representing a decrease of approximately 41%[46] - The company recorded investment income of ¥7,585,212.42, down from ¥8,946,829.72, indicating a decrease of about 15% year-over-year[45] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,173,283,158.19, down 6.20% from the end of the previous year[8] - The total current assets amounted to CNY 2,848.78 million, a decrease from CNY 3,110.13 million as of December 31, 2019[36] - Non-current assets totaled CNY 1,324,500,931.70, a slight decrease from CNY 1,338,923,412.00 in the previous period[39] - Total assets decreased from CNY 4,449,050,592.32 to CNY 4,173,283,158.19, reflecting a reduction of approximately 6.2%[39] - Total liabilities decreased from CNY 1,550,532,748.36 to CNY 1,232,468,500.60, a decline of about 20.5%[38] - The company's equity attributable to shareholders increased from CNY 2,834,619,245.52 to CNY 2,875,991,529.31, showing a growth of approximately 1.5%[39] Cash Flow - The net cash flow from operating activities was -¥119,566,136.48, indicating a continued cash outflow[8] - Cash inflow from operating activities totaled ¥634,326,526.92, compared to ¥583,525,796.52 in the previous year, indicating an increase of approximately 9%[53] - The net cash flow from operating activities was -119,566,136.48 CNY, slightly worse than the previous year's -116,900,083.55 CNY[54] - Total cash outflow from operating activities amounted to 753,892,663.40 CNY, compared to 700,425,880.07 CNY in the same period last year[54] - Cash inflow from investment activities was 133,020,705.87 CNY, an increase from 102,705,837.18 CNY year-over-year[55] - The net cash flow from investment activities was 91,237,370.66 CNY, up from 83,382,033.32 CNY in the previous year[54] - Cash inflow from financing activities totaled 78,204,276.40 CNY, compared to 52,612,096.96 CNY in the same period last year[55] - The net cash flow from financing activities increased to 42,109,592.38 CNY from 22,028,359.46 CNY year-over-year[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,848[12] - The company’s total share capital held by the actual controller, Cai Yongtai, is 204,971,048 shares, accounting for 29.60% of the total share capital[17] - The company did not conduct any agreed repurchase transactions among the top 10 unrestricted shareholders during the reporting period[14] Research and Development - R&D expenses increased by RMB 10,861,982.17, a growth of 82.92%, primarily due to increased investment in R&D projects during the reporting period[18] - Research and development expenses increased to ¥23,961,896, up from ¥13,099,914, reflecting an increase of approximately 83% year-over-year[45] Other Financial Metrics - The company had a weighted average return on equity of 1.85%, down 1.70% from the previous year[8] - Other comprehensive income decreased by RMB 13,572,391.36, a decline of 98.45%, mainly due to changes in the fair value of other equity instrument investments[17] - Tax and additional fees decreased by RMB 1,545,058.68, a decline of 36.39%, mainly due to a decrease in sales revenue during the reporting period[18] - The company experienced a credit impairment loss of ¥2,681,892.88, compared to a gain of -¥1,878,608.35 in the previous year, marking a significant change in financial performance[45] Future Outlook - The net profit attributable to shareholders for the first half of 2020 is expected to range from CNY 206.08 million to CNY 267.90 million, representing a growth of 0.00% to 30.00% compared to the same period in 2019[24] - The significant performance improvement is attributed to the effective control of the COVID-19 pandemic, rapid recovery in project commencement rates, and increased investment in major infrastructure projects[24]