ST恒久(002808) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥57,526,391.38, a decrease of 15.84% compared to ¥68,351,053.98 in the same period last year[8]. - Net profit attributable to shareholders was ¥3,177,435.86, an increase of 12.04% from ¥2,836,080.36 year-on-year[8]. - Basic and diluted earnings per share both increased by 11.32% to ¥0.0118 from ¥0.0106[8]. - The total comprehensive income for Q1 2020 was CNY 3,332,381.00, compared to CNY 2,583,594.71 in Q1 2019, reflecting a growth of 29.0%[42]. - The net profit for Q1 2020 was CNY 3,602,672.06, representing an increase of 27.0% from CNY 2,836,080.36 in Q1 2019[41]. Cash Flow - The net cash flow from operating activities surged by 416.18% to ¥16,255,344.71, compared to ¥3,149,145.93 in the previous year[8]. - Operating cash inflow totaled ¥80,707,609.42, down 11.4% from ¥91,004,806.62 in the previous period[48]. - The company reported a net increase in cash and cash equivalents of ¥21,878,894.47, compared to a net increase of ¥62,031,404.83 in the previous period[49]. - Total cash outflow from operating activities was ¥64,452,264.71, down 26.6% from ¥87,855,660.69 in the prior period[48]. - Cash flow from financing activities resulted in a net outflow of ¥1,005,575.00, compared to a smaller outflow of ¥214,642.51 in the previous period[49]. Assets and Liabilities - Total assets at the end of the reporting period were ¥822,515,252.50, down 2.73% from ¥845,630,083.57 at the end of the previous year[8]. - Current liabilities decreased from CNY 248,260,564.51 to CNY 221,929,137.29, a reduction of about 10.6%[33]. - Total liabilities decreased from CNY 252,907,711.34 to CNY 226,460,499.27, a decline of around 10.4%[33]. - Owner's equity increased from CNY 592,722,372.23 to CNY 596,054,753.23, an increase of about 0.6%[34]. - The total liabilities as of Q1 2020 were ¥203,090,253.15, with current liabilities totaling ¥202,498,739.66[59]. Expenses - Sales expenses increased by 37.88% to ¥3,340,968.54, primarily due to costs associated with the newly acquired subsidiary Minbao Information[17]. - Management expenses surged by 113.18% to ¥4,121,174.46, also driven by expenses from the new subsidiary[17]. - Research and development expenses grew by 35.26% to ¥4,114,120.99, reflecting increased investment in innovation[17]. - The tax expenses for Q1 2020 were CNY 1,512,312.20, slightly higher than CNY 1,498,168.90 in Q1 2019[41]. Shareholder Information - The company reported a total of 19,709 common shareholders at the end of the reporting period[12]. - The largest shareholder, Yu Rongqing, holds 39.52% of the shares, totaling 106,240,512 shares[12]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. Government Subsidies - The company received government subsidies amounting to ¥883,674.98 during the reporting period[9]. - The company reported a 530.85% increase in other income to ¥1,025,124.13, mainly from increased government subsidies[17]. Changes in Accounting Standards - The company has implemented new revenue and leasing standards starting in 2020, affecting the presentation of financial data[60].