ETS(SZ:002545)2020-04-28 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥525,114,576.11, representing a 33.67% increase compared to ¥392,850,395.28 in the same period last year[9]. - Net profit attributable to shareholders for Q1 2020 was ¥45,418,561.26, a significant increase of 101.11% from ¥22,584,426.78 year-on-year[9]. - Basic earnings per share for Q1 2020 were ¥0.0365, up 100.55% from ¥0.0182 in the same period last year[9]. - Operating revenue rose by 33.67% to ¥525,114,576.11, primarily driven by an increase in product orders[25]. - Operating profit surged by 129.79% to ¥59,176,780.88, reflecting the growth in revenue[25]. - Net profit attributable to shareholders increased by 101.11% to ¥45,418,561.26, mainly due to revenue growth[25]. - The profit before tax was CNY 59,092,873.05, an increase of 128.78% compared to CNY 25,969,840.88 in the previous period[71]. - The total operating costs amounted to CNY 473,846,330.44, an increase of 23.5% from CNY 383,890,396.19 in the previous period[71]. - The company reported a total comprehensive income of CNY -27,785,539.94, a decrease from CNY 230,576,895.21 in the previous period[74]. - The total comprehensive income for the period was 23,599,259.39, compared to 18,037,425.28 in the previous period, reflecting an increase of approximately 30.5%[81]. Cash Flow - The net cash flow from operating activities reached ¥124,414,275.17, marking a remarkable increase of 706.11% compared to ¥15,433,981.32 in the previous year[9]. - Cash inflow from operating activities totaled 786,714,002.33, up from 685,855,365.71, indicating a rise of about 14.8%[82]. - The net cash flow from operating activities was 124,414,275.17, significantly higher than 15,433,981.32 in the previous period, marking an increase of over 706.5%[82]. - Cash inflow from investment activities was 1,042,434,760.26, down from 1,289,803,909.71, a decrease of approximately 19.2%[82]. - The net cash flow from investment activities was -260,725,908.57, compared to -20,262,679.14, indicating a decline in investment performance[82]. - Cash inflow from financing activities was 700,100,000.00, an increase from 400,000,000.00, reflecting a growth of 75.0%[88]. - The net cash flow from financing activities was 373,127,860.07, compared to 191,337,643.03, showing an increase of approximately 94.8%[88]. - The ending cash and cash equivalents balance was 586,702,776.42, up from 544,704,106.46, representing an increase of about 7.7%[88]. - The company reported a significant reduction in cash outflows for taxes, which decreased from 81,867,678.79 to 27,762,490.25, a drop of approximately 66.1%[85]. Assets and Liabilities - Total assets at the end of the reporting period were ¥12,270,488,717.52, reflecting a 3.91% increase from ¥11,808,806,332.11 at the end of the previous year[9]. - Total current assets increased to ¥4.05 billion from ¥3.48 billion, reflecting a growth of around 16.38%[47]. - The company's total liabilities increased to ¥4.04 billion from ¥3.56 billion, representing a growth of about 13.47%[50]. - Total liabilities amounted to ¥4,578,283,479.58, up from ¥4,088,815,554.23, reflecting a growth of approximately 12%[56]. - Current liabilities totaled ¥2,812,559,897.19, an increase from ¥2,295,793,292.57, representing a rise of about 22.5%[56]. - Non-current liabilities decreased to ¥1,765,723,582.39 from ¥1,793,022,261.66, showing a decline of approximately 1.6%[56]. - The company's inventory stood at ¥1.24 billion, slightly up from ¥1.22 billion, showing a marginal increase of about 0.06%[47]. - The company's long-term equity investments were valued at ¥115.06 million, a slight increase from ¥113.91 million, indicating a growth of approximately 1.01%[50]. - Total assets increased by ¥172,797,541.17, reaching ¥11,981,603,873.28 as of January 1, 2020[96]. - Total liabilities increased by ¥172,797,541.17, amounting to ¥4,261,613,095.40 as of January 1, 2020[99]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,320[12]. - Major shareholder Han Huiru held 47.14% of the shares, with a total of 586,469,459 shares, of which 303,418,300 shares were pledged[12]. - The net assets attributable to shareholders decreased slightly by 0.36% to ¥7,676,266,581.93 from ¥7,703,745,338.75 at the end of the previous year[9]. - Total equity attributable to shareholders was ¥7,676,266,581.93, slightly down from ¥7,703,745,338.75, indicating a decrease of about 0.36%[56]. - The company's total equity remained stable at ¥7,719,990,777.88 as of January 1, 2020[99]. Research and Development - Research and development expenses decreased by 56.84% to ¥3,567,907.88, indicating a reduction in R&D investment during the period[25]. - Research and development expenses decreased to CNY 3,567,907.88, down 56.86% from CNY 8,266,885.74 in the previous period[71]. Compliance and Governance - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[30]. - There were no instances of non-compliance with external guarantees during the reporting period, reflecting sound governance practices[41]. - The company did not experience any non-operational fund occupation by controlling shareholders or related parties during the reporting period, ensuring financial integrity[42]. - The first quarter report was not audited, which may impact the reliability of the financial data presented[105]. - The company has not applied the new revenue and leasing standards retroactively, which could affect future financial reporting[105].