ST鼎龙(002502) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥202,372,324.29, representing a 176.99% increase compared to ¥73,060,271.61 in the same period last year[9] - Net profit attributable to shareholders was ¥23,275,312.82, a significant turnaround from a loss of ¥23,657,671.17 in the previous year, marking a 198.38% increase[9] - The net profit after deducting non-recurring gains and losses was ¥22,809,547.21, compared to a loss of ¥26,195,491.66 last year, reflecting a 187.07% improvement[9] - Basic earnings per share rose to ¥0.0271 from a loss of ¥0.03, representing a 198.55% increase[9] - The total operating revenue for Q1 2020 was CNY 202,372,324.29, a significant increase from CNY 73,060,271.61 in the previous period[43] - The net profit for Q1 2020 was CNY 22,940,572.82, a turnaround from a net loss of CNY 24,079,247.84 in the previous year[45] - The total comprehensive income for the period was CNY 29,027,224.75, compared to CNY -26,833,954.67 in the previous period[49] Cash Flow - The net cash flow from operating activities was ¥122,506,536.42, a drastic change from a negative cash flow of ¥81,496,233.72, indicating a 250.32% increase[9] - The cash flow from operating activities showed a net increase of 250.32% to ¥122,506,536.42, mainly due to increased receivables recovery[19] - The net cash flow from operating activities was CNY 122,506,536.42, a turnaround from CNY -81,496,233.72 in the previous period[54] - Cash inflows from operating activities totaled ¥439,842,497.73, while cash outflows amounted to ¥332,597,480.98, resulting in a net cash inflow[56] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,278,688,939.66, up 63.26% from ¥1,395,759,952.90 at the end of the previous year[9] - The total assets as of March 31, 2020, were CNY 1,847,520,622.53, up from CNY 1,660,242,881.58 at the end of 2019[41] - The company's total liabilities increased to ¥307,962,174.14 from ¥77,758,515.09, marking a rise of approximately 295.5%[37] - The total liabilities as of March 31, 2020, were CNY 753,825,060.20, compared to CNY 571,909,784.65 in the previous period[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,943, with the top ten shareholders holding significant stakes, including 13.76% by Hangzhou Dinglong Enterprise Management Co., Ltd.[13] - The equity attributable to owners remained stable at ¥2,494,726,191.51, unchanged from the previous reporting period[37] - The total equity attributable to shareholders of the parent company was CNY 1,093,695,562.33, slightly up from CNY 1,088,333,096.93[41] Non-Recurring Items - The company reported non-recurring gains of ¥465,765.61 during the period, with specific contributions from non-current asset disposal and other operating income[10] - The company recorded a credit impairment loss of CNY 10,019,777.43, compared to CNY 2,599,509.20 in the previous year[44] Investments and Subsidiaries - The company invested ¥54 million in Zhongtai Technology, resulting in a 51% ownership stake and making it a subsidiary[20] - The company reported a 134.76% increase in intangible assets to ¥23,651,674.63, primarily from new land use rights and the consolidation of Zhongtai Technology[17] Compliance and Governance - The company reported no instances of non-compliance with external guarantees during the reporting period[28] - There were no significant changes in the company's investment strategies or new product developments reported in the quarter[26] - The company did not engage in any derivative investments or entrusted financial management during the reporting period[27][26] - The company did not report any non-operating fund occupation by controlling shareholders or related parties[29] Other Financial Metrics - The company experienced a 285.45% increase in credit impairment losses to ¥10,019,777.43, mainly due to the recovery of a significant amount of accounts receivable[18] - The company reported a cash and cash equivalents balance of CNY 417,750,269.62 at the end of the period, down from CNY 489,408,074.88[54] - The company incurred a total operating cost of CNY 261,186.48, with tax and additional charges amounting to CNY 98,520.45[48]