瑞玛精密(002976) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥104,187,028.15, a decrease of 31.91% compared to ¥153,021,039.96 in the same period last year[7] - Net profit attributable to shareholders was ¥15,546,783.85, down 27.48% from ¥21,437,411.65 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥11,254,652.71, a decline of 46.99% compared to ¥21,231,064.89 in the previous year[7] - Revenue decreased by 31.91% year-on-year to ¥104,187,028.15, primarily due to the impact of the pandemic [15] - Total operating revenue for Q1 2020 was CNY 104,187,028.15, a decrease of 31.9% compared to CNY 153,021,039.96 in Q1 2019[36] - Operating profit for Q1 2020 was CNY 14,841,530.50, a decline of 46.3% from CNY 27,872,048.28 in Q1 2019[37] - Net profit for Q1 2020 was CNY 19,873,302.81, down 29.5% from CNY 28,019,364.70 in Q1 2019[37] - The total comprehensive income for the period was CNY 18,195,810.07, a decrease of 23.5% from CNY 23,774,349.34 in Q1 2019[38] - The total operating profit was CNY 11,512,641.27, down 53.0% from CNY 24,477,445.10 in Q1 2019[39] Cash Flow and Liquidity - The net cash flow from operating activities increased by 73.87% to ¥41,653,513.82 from ¥23,956,734.10 in the same period last year[7] - The company reported a net cash flow from operating activities of ¥41,653,513.82, a 73.87% increase compared to the previous year [15] - The cash flow from operating activities was CNY 41,653,513.82, an increase of 74.1% compared to CNY 23,956,734.10 in the same period last year[42] - The company recorded a net cash outflow from investing activities of CNY 13,430,847.13, slightly improved from CNY 13,818,938.34 in the previous year[42] - The company raised CNY 450,721,698.02 from financing activities, indicating strong capital inflow during the quarter[42] - The company reported a net cash inflow from financing activities of CNY 442,154,000.00, compared to a net outflow of CNY 5,571,150.00 in the previous period[46] - Total cash and cash equivalents at the end of the period reached CNY 583,578,234.33, up from CNY 68,750,555.35 in the previous period, indicating a significant increase[43] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,065,721,371.30, representing a 71.20% increase from ¥622,496,095.84 at the end of the previous year[7] - The total assets of the company reached ¥1,065,721,371.30, up from ¥622,496,095.84, reflecting significant growth [29] - Total assets reached CNY 933,516,145.13 as of March 31, 2020, up from CNY 495,352,805.71 at the end of 2019[34] - Total liabilities decreased to CNY 102,238,345.74 from CNY 112,408,568.96 at the end of 2019[34] - The company’s total assets amounted to CNY 622,496,095.84, remaining stable compared to the previous reporting period[50] - The total liabilities were CNY 154,792,289.25, indicating no significant change from the previous period[49] Shareholder Equity - Net assets attributable to shareholders increased by 113.53% to ¥846,694,308.76 from ¥396,530,154.52 at the end of the previous year[7] - Shareholders' equity increased to CNY 831,277,799.39 as of March 31, 2020, compared to CNY 382,944,236.75 at the end of 2019[34] - The company’s equity attributable to shareholders was CNY 396,530,154.52, consistent with the previous reporting period[49] Earnings and Expenses - Basic earnings per share decreased by 27.59% to ¥0.21 from ¥0.29 in the same period last year[7] - Diluted earnings per share also fell by 27.59% to ¥0.21 from ¥0.29 year-on-year[7] - The weighted average return on equity was 3.84%, down from 6.23% in the previous year, a decrease of 2.39 percentage points[7] - Research and development expenses increased by 36.42% to ¥5,065,395.28, driven by investments in 5G-related materials and components [15] - Research and development expenses for Q1 2020 were CNY 5,065,395.28, an increase from CNY 3,713,127.10 in Q1 2019[37] - Research and development expenses increased to CNY 2,312,693.24, up 34.5% from CNY 1,719,535.74 in Q1 2019[39] Non-Recurring Gains and Subsidies - The company reported non-recurring gains of ¥4,292,131.14, primarily from government subsidies and investment income from idle funds[8] - The company received government subsidies amounting to ¥5,031,772.31, a 2188.12% increase compared to the previous year[15] Capital and Financing - The company’s cash and cash equivalents increased by 355.71% to ¥433,578,234.33 due to the proceeds from the initial public offering (IPO) [15] - The capital reserve increased by 311.34% to ¥540,718,652.42, mainly due to the capital raised from the IPO [15] Compliance and Standards - The company did not report any violations regarding external guarantees during the reporting period [22] - The company has adopted new revenue and leasing standards starting in 2020, which did not affect the financial statements for the current year[47] - The company adopted the new revenue recognition and leasing standards starting in 2020, which did not affect the financial statements for the beginning of the year[54] - The first quarter report was not audited[54]