盈趣科技(002925) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥739,045,817.94, representing a 6.63% increase compared to ¥693,068,329.54 in the same period last year[10]. - The net profit attributable to shareholders was ¥167,959,280.62, up 9.05% from ¥154,025,328.91 year-on-year[10]. - The net profit after deducting non-recurring gains and losses was ¥158,449,967.38, reflecting a 17.76% increase from ¥134,552,471.38 in the previous year[10]. - Basic and diluted earnings per share were both ¥0.37, an increase of 8.82% from ¥0.34 in the previous year[10]. - The net cash flow from operating activities reached ¥219,812,595.76, a significant increase of 94.58% compared to ¥112,966,310.08 in the same quarter last year[10]. - Total operating revenue for Q1 2020 was CNY 739,045,817.94, an increase of 6.65% compared to CNY 693,068,329.54 in Q4 2019[94]. - Net profit for Q1 2020 reached CNY 168,450,530.10, compared to CNY 155,200,450.36 in Q4 2019, marking an increase of 8.06%[97]. - Operating profit for Q1 2020 was CNY 193,962,259.76, up from CNY 176,880,472.57 in Q4 2019, representing a growth of 9.23%[97]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,464,292,989.22, a 0.50% increase from ¥5,436,940,239.70 at the end of the previous year[10]. - The total liabilities increased by 44.00%, reaching RMB 160,516,604.01, primarily due to outstanding payments for new investments[23]. - Current liabilities decreased to ¥957.71 million from ¥1,087.43 million, a reduction of 11.95%[82]. - Total liabilities decreased to ¥1,105.00 million from ¥1,244.15 million, a decline of 11.2%[82]. - Total assets reached ¥5,464.29 million, slightly up from ¥5,436.94 million, reflecting a growth of 0.5%[79]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,475[14]. - The largest shareholder, Shenzhen Wanlida Electronics Co., Ltd., held 49.37% of the shares, amounting to 226,192,000 shares[14]. - The company plans to repurchase shares with a total amount not less than RMB 100 million and not exceeding RMB 200 million, with a repurchase price not exceeding RMB 43 per share[43]. Investments and Financial Management - Long-term equity investments surged by 458.96%, totaling RMB 30,332,948.11, primarily due to new investments in Jiangsu Teliang[23]. - The company invested 135 million RMB in Jiangsu Teliang Co., holding approximately 20.77% of its equity, enhancing collaboration in surface treatment services[37]. - The company has engaged in high-risk entrusted financial management, including structured deposits with expected annual returns ranging from 3.70% to 4.00%[59]. - The company reported a profit of CNY 2.14 billion from structured deposits during the reporting period[61]. - The company engaged in derivative investments with an initial investment amount of CNY 7,171 million, resulting in a profit of CNY 77.70 million[64]. Cash Flow and Expenses - Cash flow from operating activities amounted to ¥219,812,595.76, up from ¥112,966,310.08, indicating a significant increase of approximately 94.43%[104]. - The cash flow from investment activities resulted in a net outflow of CNY 193,758,362.37, worsening from a net outflow of CNY 123,405,861.88 in the previous period[114]. - The company reported a total of CNY 1,052,544.00 in cash outflows related to financing activities, with no cash inflows recorded[114]. - The company experienced a credit impairment loss of ¥3,825,570.46, compared to ¥1,805,480.15 in the previous period, an increase of approximately 112.00%[100]. Other Comprehensive Income - The company's other comprehensive income showed a significant decline of 467.95%, resulting in a total of RMB -7,029,086.17, mainly due to foreign currency translation differences[23]. - Other comprehensive income after tax for Q1 2020 was CNY -6,210,180.97, compared to CNY 1,874,697.94 in Q4 2019, indicating a significant change[97]. Research and Development - Research and development expenses for Q1 2020 totaled CNY 46,336,858.17, compared to CNY 37,713,051.57 in Q4 2019, indicating a 22.87% increase[94]. - Research and development expenses decreased to ¥30,882,466.00 from ¥34,004,430.15, a reduction of about 9.86%[100]. Corporate Governance - The company has not reported any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[52]. - The company’s chairman is Lin Songhua, as of April 30, 2020[131].