小熊电器(002959) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥739,588,278.04, representing a 17.32% increase compared to ¥630,396,802.87 in the same period last year[11]. - Net profit attributable to shareholders was ¥103,058,780.55, an increase of 83.66% from ¥56,113,986.59 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was ¥99,319,074.45, up 75.91% from ¥56,460,015.71 in the previous year[11]. - Basic earnings per share increased by 37.74% to ¥0.8588 from ¥0.6235 in the previous year[11]. - Operating profit for the current period was 131,209,335.62, compared to 76,714,277.35 in the previous period, representing an increase of approximately 71.3%[65]. - Net profit for the current period was 103,058,780.55, significantly higher than 56,113,986.59 in the previous period, marking an increase of around 83.6%[65]. - The total profit for the current period is 72,541,801.61, compared to 27,274,792.53 in the previous period, indicating a significant increase[72]. - The net profit for the current period is 61,660,531.37, up from 23,165,495.92 in the previous period, reflecting a growth of approximately 166%[72]. Cash Flow - The net cash flow from operating activities reached ¥183,211,216.76, a significant increase of 5,113.19% compared to a negative cash flow of -¥3,654,582.77 in the same period last year[11]. - Cash inflow from operating activities totals 796,126,176.18, compared to 655,833,795.55 in the previous period, showing an increase of about 21%[76]. - The net cash flow from operating activities is 183,211,216.76, a turnaround from a negative cash flow of -3,654,582.77 in the previous period[76]. - The net cash flow from investment activities is 30,240,066.07, improving from a negative cash flow of -14,446,292.23 in the previous period[78]. - The cash flow from financing activities showed a net inflow of CNY 4,635,204.42, contrasting with a net outflow of CNY -2,306,781.35 previously[81]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,673,038,988.70, reflecting a 5.56% increase from ¥2,532,217,704.26 at the end of the previous year[11]. - Total liabilities increased to ¥905,278,080.18 from ¥867,515,576.29, representing a growth of approximately 4.4%[48]. - Total assets reached ¥2,431,637,090.10, up from ¥2,284,000,169.62, indicating an increase of about 6.4%[58]. - The company's total current liabilities amounted to ¥826,416,094.10, up from ¥740,194,313.68, which is an increase of about 11.6%[58]. - The non-current liabilities totaled ¥2,295,980.83, down from ¥2,541,372.14, indicating a decrease of approximately 9.6%[58]. Shareholder Information - The company reported a total of 13,182 common shareholders at the end of the reporting period[17]. - The largest shareholder, Foshan Zhaofeng Investment Co., Ltd., held 44.42% of the shares[17]. - The net assets attributable to shareholders increased by 6.19% to ¥1,767,760,908.52 from ¥1,664,702,127.97 at the end of the previous year[11]. - Total equity attributable to shareholders increased to ¥1,767,760,908.52 from ¥1,664,702,127.97, a rise of approximately 6.2%[51]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥2,789,474.96 during the reporting period[11]. - Other income increased by 2,164.18% to ¥2,789,474.96 from ¥123,200.00, mainly due to government subsidies received[26]. - Investment income surged by 396.58% to ¥4,551,299.16 from ¥916,522.31, primarily from returns on self-owned and raised funds[26]. Changes in Accounting Standards - The company implemented new revenue and leasing standards starting in 2020, affecting the reporting of contract liabilities[89]. - The company has reclassified contract liabilities from "prepayments" to "contract liabilities" following the new revenue recognition standards[93].