天源迪科(300047) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥749,191,733.32, a decrease of 25.42% compared to ¥1,004,559,551.98 in the same period last year[9] - Net profit attributable to shareholders was ¥4,788,724.95, down 62.77% from ¥12,863,962.68 year-on-year[9] - Net profit excluding non-recurring items was -¥1,193,200.61, representing a decline of 131.45% compared to ¥3,793,437.66 in the previous year[9] - Basic earnings per share decreased by 62.69% to ¥0.0075 from ¥0.0201 year-on-year[9] - Total operating revenue for Q1 2020 was CNY 749,191,733.32, a decrease from CNY 1,004,559,551.98 in the previous period[41] - Net profit for Q1 2020 was CNY 12,989,320.09, compared to CNY 21,612,945.29 in the same period last year, representing a decline of approximately 40.0%[43] - Operating profit for Q1 2020 was CNY 16,616,211.83, a decrease from CNY 27,034,164.14 in the previous period[42] - The company reported a decrease in research and development expenses to CNY 48,669,575.11 from CNY 50,259,435.07 in the previous period[42] - Other income for Q1 2020 was CNY 10,014,669.24, down from CNY 13,133,847.67 in the previous year[42] - The company experienced an investment loss of CNY 4,070,609.05, compared to a loss of CNY 817,310.05 in the previous period[42] - The net profit for Q1 2020 was -1,953,050.67 CNY, compared to a net profit of 9,839,849.50 CNY in the same period last year, indicating a significant loss[47] Cash Flow and Assets - Operating cash flow for the period increased by 181.62% to ¥358,565,966.71 from ¥127,324,048.62 in the same period last year[9] - The net cash flow from operating activities was 358,565,966.71 CNY, an increase from 127,324,048.62 CNY in the previous period, showing a positive trend in cash generation[50] - Cash and cash equivalents increased to CNY 486,266,492.87 from CNY 476,350,307.27, showing a growth of approximately 2.03%[33] - The cash flow from investing activities showed a net outflow of -27,955,290.75 CNY, compared to -50,855,824.09 CNY in the previous period, indicating reduced investment expenditures[51] - The cash flow from financing activities resulted in a net outflow of -289,249,332.71 CNY, which is a larger outflow compared to -204,065,000.11 CNY in the previous period[51] - The total operating cash inflow was 889,971,462.81 CNY, while the total operating cash outflow was 531,405,496.10 CNY, resulting in a healthy operating cash flow margin[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,536,902,944.23, a decrease of 3.55% from ¥5,740,434,752.51 at the end of the previous year[9] - Current assets totaled CNY 3,746,507,518.10, down from CNY 3,942,890,082.51, indicating a decrease of about 4.96%[33] - Total liabilities decreased to CNY 2,225,209,190.69 from CNY 2,443,980,319.06, reflecting a decline of about 8.93%[35] - Total liabilities amounted to CNY 1,102,112,435.06, while total equity was CNY 2,758,590,212.86[42] - The company's equity attributable to shareholders increased slightly to CNY 3,154,747,681.19 from CNY 3,149,958,956.24, a growth of approximately 0.09%[36] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,328[13] - The top shareholder, Chen You, held 9.24% of the shares, amounting to 58,937,772 shares, with 44,203,329 shares pledged[13] Operational Changes and Strategies - The company actively responded to the pandemic by supporting digital initiatives for clients, including a data center for epidemic prevention and a comprehensive city epidemic monitoring platform[25] - The company plans to increase R&D investment and adjust market strategies to enhance market expansion efforts[24] - The company reported a significant decrease in sales revenue, which may impact future growth strategies and market expansion plans[50] Employee Compensation - The company experienced a 50.45% increase in employee compensation liabilities, totaling 29,543,704.93 yuan, due to the accrual of employee bonuses[21] - The company reported a significant increase in employee compensation payable, rising to CNY 29,543,704.93 from CNY 19,636,830.37, an increase of approximately 50.47%[35] Other Financial Information - The company reported non-operating income of ¥7,495,879.15 from government subsidies during the period[10] - The company's trading financial assets decreased to 0.00 yuan, a 100% reduction compared to the beginning of the year, primarily due to the sale of stock investments[20] - Accounts receivable financing increased to 176,123,392.79 yuan, a 306% increase from the beginning of the year, mainly due to an increase in bank acceptance bills received[20] - Prepayments decreased to 288,170,786.77 yuan, a 36.33% decrease from the beginning of the year, attributed to the sales of network products[20] - Intangible assets increased to 298,539,811.45 yuan, a 34.69% increase from the beginning of the year, due to the capitalization of development expenditures[20] - The company's pre-receipts increased to 359,658,679.49 yuan, a 44.21% increase from the beginning of the year, reflecting an increase in customer advance payments[20] Audit and Standards - The first quarter report was not audited[55] - The company implemented new revenue and lease standards starting in 2020, but did not apply retrospective adjustments to prior comparative data[55] - The financial statements for the first quarter reflect the initial application of the new standards[55]