星帅尔(002860) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥165,974,488.29, representing a 6.26% increase compared to ¥156,201,115.71 in the same period last year[7]. - The net profit attributable to shareholders was ¥25,210,079.82, up 3.04% from ¥24,466,416.18 year-on-year[7]. - The net profit after deducting non-recurring gains and losses decreased by 14.67% to ¥22,995,109.35 from ¥26,949,671.30 in the previous year[7]. - Total operating revenue for Q1 2020 was CNY 165,974,488.29, an increase from CNY 156,201,115.71 in the previous period[35]. - Net profit for Q1 2020 was CNY 25,590,103.32, compared to CNY 28,516,897.99 in the same period last year, representing a decrease of approximately 6.8%[37]. - The total comprehensive income for the first quarter was CNY 18,615,538.64, down from CNY 24,412,108.16, reflecting a decrease of 23.9%[42]. - Operating profit for the first quarter was CNY 22,036,855.63, down from CNY 28,320,894.78, reflecting a decline of 22.2% year-over-year[41]. Cash Flow and Liquidity - The net cash flow from operating activities surged by 224.72% to ¥43,529,335.32, compared to ¥13,404,996.43 in the same period last year[14]. - The company's cash and cash equivalents increased to CNY 464,600,473.70 from CNY 292,079,037.32, representing a significant rise of about 59%[27]. - Cash flow from operating activities generated a net amount of CNY 43,529,335.32, significantly up from CNY 13,404,996.43 in the previous year, indicating a growth of 224.5%[45]. - The company reported a cash and cash equivalents balance of CNY 455,706,172.73 at the end of the period, up from CNY 102,847,803.74, representing a growth of 343.5%[46]. - The net cash flow from investment activities was -221,507,269.25 CNY, compared to -93,095,097.26 CNY in the previous year, indicating a significant increase in cash outflow[49]. - The net cash flow from financing activities was 275,230,000.00 CNY, showing a positive cash inflow for the company[49]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,481,353,231.53, an increase of 8.49% from ¥1,365,441,408.82 at the end of the previous year[7]. - Total current liabilities rose to CNY 284,043,475.78 from CNY 238,074,844.92, indicating an increase of approximately 19.3%[29]. - Total liabilities for Q1 2020 were CNY 374,951,894.93, significantly higher than CNY 136,375,934.09 in the previous period[33]. - The total assets of the company amounted to 1,365,441,408.82 CNY, with total liabilities at 258,257,524.66 CNY, resulting in total equity of 1,107,183,884.16 CNY[52]. - The company’s total liabilities included 20,182,679.74 CNY in non-current liabilities[52]. Equity and Investments - The net assets attributable to shareholders increased by 14.38% to ¥959,923,450.71 from ¥839,269,398.94 at the end of the previous year[7]. - The company completed the acquisition of a 53.24% stake in Zhejiang Zhi Electric Motor, which will enhance the company's profitability as it becomes a wholly-owned subsidiary[15]. - The company issued ¥280 million of convertible bonds, successfully raising funds for the acquisition of Zhejiang Zhi Electric Motor[16]. - The company plans to increase its stake in New Duran from 51% to 85% through a cash acquisition of 34% of the shares, which has been approved by the board and shareholders[16]. - The company completed the acquisition of minority shareholders' equity in a controlling subsidiary, with the asset transfer finalized on January 17, 2020[18]. Research and Development - Research and development expenses for Q1 2020 were CNY 6,259,584.81, compared to CNY 5,433,430.50 in the previous period, indicating a focus on innovation[36]. Shareholder and Corporate Governance - The company has not engaged in any share buybacks during the reporting period[18]. - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[23]. - The company has conducted investor communication activities, including a phone call with institutions on February 26, 2020[24]. - The first quarter report was not audited, which may affect the reliability of the financial data presented[55].