雪人股份(002639) - 2019 Q4 - 年度财报

Financial Performance - In 2019, the company achieved operating revenue of 151,356.87 million RMB, a year-on-year increase of 16.12%[1] - The total profit for 2019 was 6,476.39 million RMB, representing a significant year-on-year growth of 397.86%[1] - The net profit attributable to the parent company reached 5,692.64 million RMB, up 269.51% compared to the previous year[1] Research and Development - Research and development expenses increased by 44.78% to 8,366.36 million RMB, reflecting the company's commitment to enhancing product performance and market competitiveness[11] Assets and Liabilities - The company's total assets at the end of 2019 amounted to 401,464.70 million RMB, a 2.00% increase from the previous year[2] - The total liabilities were 166,775.49 million RMB, which is a 2.77% increase year-on-year[2] - The asset-liability ratio at the end of 2019 was 41.54%, indicating stable debt levels and strong repayment capacity[3] - Total liabilities increased by RMB 44.95 million compared to the beginning of the period, with current liabilities rising by RMB 77.54 million, while non-current liabilities decreased by RMB 32.59 million[18] - Long-term payables decreased by 59.60% to RMB 3,006.94 million, mainly due to new financing arrangements[18] Cash Flow - The company’s cash and cash equivalents increased by 93.08% to 30,548.82 million RMB, primarily due to revenue growth and investment income[16] - Net cash inflow from operating activities increased by 2,287.71% to RMB 16,187.49 million, driven by higher cash receipts from sales and services[20] - Total cash inflow for the year was RMB 376,817.07 million, while total cash outflow was RMB 362,955.86 million, resulting in a net cash inflow of RMB 13,861.21 million[20] - Investment cash inflow increased by 3,657.32% to RMB 16,338.68 million, attributed to cash recovered from investments[21] - The company recorded a cash and cash equivalents net increase of RMB 13,912.53 million, a 589.01% increase compared to the previous year[21] Subsidiaries and Equity - The company established four new subsidiaries in 2019, including one with a registered capital of RMB 30,000 million[22] - Owner's equity increased by RMB 33.60 million, with equity attributable to the parent company rising by RMB 43.89 million due to profitability[19] Impairment Loss - The company recognized an impairment loss of RMB 2,576.72 million on accounts receivable and other receivables[24]