良信股份(002706) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥446,887,227.72, representing a 17.39% increase compared to ¥380,684,904.71 in the same period last year[9]. - Net profit attributable to shareholders was ¥45,498,245.88, up 5.26% from ¥43,225,307.99 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥44,077,798.25, an increase of 11.73% from ¥39,448,843.98 year-on-year[9]. - Basic and diluted earnings per share were both ¥0.058, reflecting a 5.45% increase from ¥0.055 in the previous year[9]. - The company reported a total profit of ¥54,071,959.42, compared to ¥51,588,643.18 in the previous period, an increase of 4.8%[61]. - The net profit for the current period is ¥48,679,939.32, an increase of 5.6% compared to ¥46,095,552.46 in the previous period[68]. - Operating profit for the current period is ¥57,270,023.67, up from ¥54,034,110.23, reflecting a growth of 4.1%[68]. - Total operating revenue for the current period reached ¥446,887,227.72, an increase of 17.3% compared to ¥380,684,904.71 in the previous period[55]. Cash Flow - The net cash flow from operating activities decreased significantly to ¥3,011,007.12, down 92.99% from ¥42,961,019.27 in the same period last year[9]. - Cash flow from operating activities is ¥3,011,007.12, a decrease from ¥42,961,019.27 in the previous period[75]. - The company reported a decrease in cash flow from investing activities, netting ¥89,522,066.00 compared to ¥243,085,532.38 in the previous period[75]. - The company reported a net cash inflow from investment activities of ¥88,205,160.80, a decrease from ¥243,205,764.67 year-over-year[82]. - The cash and cash equivalents at the end of the period amount to ¥373,791,510.66, down from ¥405,614,713.99 in the previous period[78]. - The total cash and cash equivalents at the end of the period amounted to ¥316,318,438.18, compared to ¥387,171,190.80 in the previous year[82]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,347,987,560.93, a 0.79% increase from ¥2,329,648,816.15 at the end of the previous year[9]. - Total assets increased to ¥2,353,566,229.06 as of March 31, 2020, compared to ¥2,339,309,408.22 at the end of December 2019, reflecting a growth of approximately 0.10%[52]. - Total liabilities decreased to ¥495,021,763.98 from ¥523,082,944.00, a decline of about 5.37%[45]. - Current liabilities decreased to ¥482,309,985.17 from ¥513,751,584.81, representing a decline of about 6.00%[45]. - Owner's equity increased to ¥1,852,965,796.95 from ¥1,806,565,872.15, representing a growth of approximately 2.57%[48]. - The company's equity attributable to shareholders reached ¥1,806,565,872.15, remaining stable compared to the previous year[88]. Investments and Expenses - Research and development expenses increased to ¥38,262,512.00 from ¥32,256,536.08, marking a growth of 18.5%[58]. - Management expenses increased by 36.80% year-on-year, mainly due to the growth in personnel compensation[23]. - Investment income decreased by 88.40% year-on-year, due to reduced returns from financial investments[23]. - The company recognized contract liabilities of approximately $34.90 million following the new revenue recognition standards implemented in 2020[93]. Other Financial Metrics - The weighted average return on net assets was 2.41%, up from 2.19% in the previous year[9]. - The company announced plans for the first phase of an employee stock ownership plan[21]. - There were no significant non-recurring gains or losses identified during the reporting period[12]. - The company executed adjustments in accordance with new revenue and leasing standards, impacting the financial statements starting from January 1, 2020[83]. - The company has not undergone an audit for the first quarter report, indicating that the figures are unaudited[96]. - The company is implementing new revenue and leasing standards, which may impact future financial reporting[96].