eGOVA(SZ:300075)2020-04-28 16:00Financial Performance - Total revenue for Q1 2020 was ¥183,085,877.01, a decrease of 11.18% compared to ¥206,127,243.89 in the same period last year[8] - Net profit attributable to shareholders was ¥24,376,660.99, an increase of 9.92% from ¥22,176,201.78 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥25,383,053.94, up 14.42% from ¥22,183,471.95 in the previous year[8] - Basic earnings per share increased to ¥0.0571, a rise of 9.81% from ¥0.0520 year-on-year[8] - The company reported a net profit increase in retained earnings from ¥872,739,278.58 to ¥897,115,939.57, an increase of approximately 2.8%[55] - The company reported a total profit of ¥28,034,610.55, up from ¥25,212,881.79, marking an increase of 7.2%[68] - The net profit for the current period is 16,895,459.85, compared to 16,703,762.04 in the previous period, reflecting a slight increase[75] Cash Flow - Net cash flow from operating activities was -¥68,035,754.31, an improvement of 38.80% compared to -¥111,171,038.17 in the same period last year[8] - Cash inflow from operating activities is 204,257,540.73, down from 250,968,740.44 in the previous period, indicating a decrease of approximately 18.5%[79] - Cash outflow from operating activities totals 272,293,295.04, compared to 362,139,778.61 in the previous period, showing a reduction of about 24.8%[81] - The net cash flow from investing activities was -$7,435,315.96, compared to -$6,341,652.48 in the previous period, indicating an increase in cash outflow by approximately 17.3%[89] - The net increase in cash and cash equivalents was -$114,080,599.97, compared to -$162,965,019.02 in the previous period, showing an improvement in cash flow by approximately 30%[89] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,094,707,781.26, a decrease of 0.49% from ¥3,109,817,326.14 at the end of the previous year[8] - Total liabilities decreased from ¥744,275,497.59 to ¥633,466,749.25, a decline of approximately 14.9%[52] - Current liabilities decreased from ¥721,249,411.20 to ¥610,440,662.86, a decline of approximately 15.4%[52] - Cash and cash equivalents decreased from ¥591,605,766.64 to ¥467,140,166.67, a decline of approximately 21.1%[56] - Accounts receivable increased from ¥728,652,796.50 to ¥739,271,518.89, an increase of approximately 1.8%[56] - Total equity increased from ¥2,365,541,828.55 to ¥2,461,241,032.01, an increase of approximately 4.1%[55] Operational Highlights - The company received government subsidies amounting to ¥933,382.38 during the reporting period[8] - The company launched the "Grid-based Community Epidemic Prevention System" and "Grid-based Resumption Management System" to support epidemic control and resumption of work across multiple provinces[26] - The company is actively promoting non-public issuance to enhance its smart city management service platform and other projects[27] - The company signed a research contract with the Ministry of Housing and Urban-Rural Development to explore blockchain technology applications in urban management[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,388[12] - There are no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[34] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[42] - There are no violations regarding external guarantees during the reporting period[41] Compliance and Audit - The company did not apply the new revenue and leasing standards for the first quarter of 2020, indicating no adjustments were made to prior financial statements[90] - The first quarter report for 2020 was not audited, which may affect the reliability of the financial data presented[92]