兆日科技(300333) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥33,243,794.95, a decrease of 38.21% compared to ¥53,799,096.14 in the same period last year[8] - Net profit attributable to shareholders was -¥5,642,810.32, representing a decline of 242.16% from a profit of ¥3,969,216.86 in the previous year[8] - Basic and diluted earnings per share were both -¥0.0168, down 242.37% from ¥0.0118 in the previous year[8] - The company's operating revenue for Q1 2020 was 33,243,794.95, a decrease of 38.21% compared to the same period last year due to the impact of the COVID-19 pandemic[19] - Net profit for Q1 2020 was a loss of CNY 4,433,762.40, down from a profit of CNY 10,804,455.51 in the same period last year[56] - The total comprehensive income for the current period is -¥5,380,804.76, compared to ¥1,933,854.88 in the previous period[61] Cash Flow and Assets - The net cash flow from operating activities was -¥19,998,423.43, an improvement of 54.63% compared to -¥44,077,541.33 in the same period last year[8] - Cash and cash equivalents decreased significantly by 108.44%, influenced by changes in operating, investing, and financing activities[18] - The company's cash and cash equivalents were RMB 388,254.7 million, compared to RMB 412,593.4 million at the end of 2019[46] - The company's total assets amounted to RMB 868,358.5 million, a decrease from RMB 887,661.9 million at the end of 2019[46] - The company's current assets totaled RMB 493,561.1 million, down from RMB 513,121.9 million at the end of 2019[46] - The total cash and cash equivalents at the end of the period were 51,989,377.95 yuan, down from 265,235,560.57 yuan at the end of the previous period[68] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,117[11] - Xinjiang Chaojun Equity Investment Co., Ltd. held 18.46% of the shares, amounting to 62,036,952 shares, with 24,820,000 shares pledged[11] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[12] Research and Development - Research and development expenses increased by 48.81% to 16,173,557.95, attributed to an increase in R&D personnel[18] - The company reported R&D expenses of CNY 16,173,557.95, an increase from CNY 10,868,646.48 in the previous period[55] - The company is focusing on the promotion of its "Yin Qitong" system, which integrates financial services with various business scenarios, enhancing customer interaction and experience[21] - The company is exploring the application of its paper texture anti-counterfeiting technology in various fields, including financial documents and product packaging[22] Market and Competition - The COVID-19 pandemic has delayed the resumption of work for banks and corporate clients, impacting business operations and system development[27] - Increased competition in the traditional electronic payment market may impact the company's performance as new products have not yet significantly contributed to profits[28] - The company faces risks related to industry transformation and technological innovation, particularly in the B2B market, which may affect market acceptance of its innovations[28] Fund Utilization - The company has utilized RMB 14 million of its raised funds for short-term bank wealth management products, with plans for further investment[30] - The total amount of raised funds is CNY 587.49 million, with CNY 420.61 million already invested[37] - The cumulative proportion of changed use of raised funds is 0.00%[37] - The company has not changed the use of raised funds for any projects[37] Operational Efficiency - The cash flow from operating activities showed a significant decrease in cash outflows, indicating improved operational efficiency[67] - The company has seen a 179.31% increase in accounts payable to 11,027,336.28, due to large amounts from clients not yet settled[18] - The company is experiencing rising R&D and management expenses, which are becoming a significant portion of its revenue, posing risks to operating performance[28]