XZCE(SZ:002534)2020-04-27 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥925,218,654.38, representing a 9.84% increase compared to ¥842,351,108.54 in the same period last year[9]. - Net profit attributable to shareholders was ¥64,866,910.33, a decrease of 27.35% from ¥89,289,914.09 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥42,050,018.23, down 40.59% from ¥70,782,011.24 in the previous year[9]. - Basic earnings per share were ¥0.09, down 25.00% from ¥0.12 in the same period last year[9]. - Diluted earnings per share were also ¥0.09, a decrease of 25.00% compared to ¥0.12 year-on-year[9]. - The weighted average return on equity was 1.97%, down from 2.83% in the previous year[9]. - The company's operating profit for the current period is ¥86,016,644.07, compared to ¥92,514,959.50 in the previous period, reflecting a decrease of approximately 7%[67]. - The total profit for the current period is ¥87,706,455.50, down from ¥93,296,443.20, indicating a decline of about 6%[67]. - The company's total comprehensive income for the current period is ¥76,776,232.28, down from ¥98,642,788.47, a decline of about 22%[70]. Cash Flow - The net cash flow from operating activities was ¥261,476,159.57, a significant increase of 623.97% compared to -¥49,902,771.96 in the same period last year[9]. - Cash flow from operating activities for the current period is ¥1,114,113,284.45, compared to ¥749,586,787.67 in the previous period, indicating an increase of approximately 48.7%[78]. - The net cash flow from operating activities was 121,517,783.37, a significant improvement compared to -20,448,576.25 from the previous period[85]. - The cash flow from operating activities showed a total outflow of 631,560,161.73, compared to 544,200,022.72 previously[85]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,717,826,257.79, an increase of 4.52% from ¥9,298,019,715.08 at the end of the previous year[9]. - The company's total current assets rose to ¥4,897,097,984.89, compared to ¥4,492,512,253.92, an increase of 9.01%[54]. - The company's total liabilities increased to CNY 6,184,621,816.08 from CNY 5,812,684,091.54[50]. - The total liabilities increased to ¥4,675,872,465.54 from ¥4,220,912,933.11, representing an increase of 10.79%[60]. - Total liabilities amount to approximately 4.22 billion, with current liabilities at about 3.68 billion[103]. Equity - The net assets attributable to shareholders were ¥3,288,207,219.49, reflecting a 1.10% increase from ¥3,252,353,041.92 at the end of the previous year[9]. - The total equity of the company was CNY 3,533,204,441.71 as of March 31, 2020, compared to CNY 3,485,335,623.54 at the end of 2019[50]. - The total equity attributable to shareholders reached ¥3,165,676,706.25, slightly up from ¥3,159,836,549.37, showing a marginal increase of 0.50%[60]. - Total equity stands at approximately 3.16 billion, with retained earnings of about 1.43 billion[103]. Research and Development - R&D expenses rose by 61.26% to ¥57,527,969.87, indicating increased investment in research and development[23]. - Research and development expenses increased significantly to ¥34,115,061.41 from ¥11,057,850.61, marking an increase of about 208%[71]. Other Financial Metrics - The company reported non-recurring gains of ¥10,758,045.90 from government subsidies closely related to its business[10]. - The company reported a 291.63% increase in income tax expenses to ¥11,460,980.21 due to deferred tax asset provisions[23]. - The company’s financial expenses showed a significant decrease of 290.68%, resulting in a net income of -¥7,568,809.29 due to increased exchange gains and net interest income[23]. - The company received 733,109,264.46 in cash from sales and services, compared to 501,244,091.81 in the previous period[85]. Shareholder Actions - The company repurchased 20,468,146 shares, accounting for 2.77% of total share capital, with a total transaction amount of ¥157,836,918.25[27]. Compliance and Governance - The company has no derivative investments during the reporting period[37]. - There were no violations regarding external guarantees during the reporting period[38]. - The company did not engage in any non-operating fund occupation by controlling shareholders or related parties[39]. - The company has not audited its Q1 report[104].