东杰智能(300486) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 reached ¥149,600,521.73, an increase of 46.09% compared to ¥102,405,232.37 in the same period last year[9] - Net profit attributable to shareholders was ¥12,586,007.92, up 21.20% from ¥10,384,838.61 year-on-year[9] - Basic earnings per share increased by 16.95% to ¥0.0697 from ¥0.0596 in the previous year[9] - The company reported non-recurring gains and losses totaling ¥2,947,429.92 for the period[10] - The total profit for Q1 2020 was CNY 13,789,480.40, compared to CNY 11,069,383.55 in the previous period, marking an increase of about 24.5%[47] - The total comprehensive income for the period was CNY 6,027,232.82, compared to CNY 8,425,615.14 in the previous period, indicating a decrease of approximately 28.3%[52] Cash Flow - The net cash flow from operating activities was negative at ¥-26,944,028.71, a decline of 955.31% compared to ¥3,150,219.20 in the same period last year[9] - Cash received from operating activities decreased by 35.28%, impacted by COVID-19 and related control measures[21] - Cash inflows from operating activities totaled CNY 86,444,624.00, down 30.4% from CNY 124,029,852.98 in the previous period[54] - The company reported a net cash outflow of CNY 43,807,577.30 for the period, contrasting with a net increase of CNY 190,325,822.81 in the previous period[59] - The ending balance of cash and cash equivalents was CNY 156,739,475.77, down from CNY 261,734,741.73 in the previous period, representing a decrease of about 40%[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,349,667,888.21, a decrease of 0.60% from ¥2,363,767,551.89 at the end of the previous year[9] - Current assets totaled CNY 1,246,408,598.37, down from CNY 1,285,003,138.00, indicating a decrease of about 3%[37] - Total liabilities decreased to CNY 931,117,689.22 from CNY 958,491,686.61, a reduction of about 2.8%[39] - The company's equity attributable to shareholders increased to CNY 1,416,864,067.51 from CNY 1,403,479,728.95, showing an increase of approximately 0.9%[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,162[13] - The largest shareholder, Yao Buwen, holds 22.64% of the shares, amounting to 40,907,745 shares[13] Investment and R&D - The total amount of raised funds is CNY 20,858.96 million, with CNY 1,820.18 million invested in the current quarter[29] - Cumulative investment of raised funds amounts to CNY 2,733.86 million, representing 13.09% of the total raised funds[29] - The project for the efficient energy-saving automotive coating line in Changzhou has a total investment of CNY 15,930 million, with only 4.54% of the investment completed[30] - The R&D center project in Changzhou has a total investment of CNY 4,928 million, with 40.79% of the investment completed[30] - Research and development expenses for Q1 2020 were CNY 5,124,630.79, down from CNY 7,032,238.94 in the previous period, reflecting a reduction of approximately 27.1%[46] Risks and Management - The company faces risks related to industry fluctuations, order reductions, and increased competition, which could adversely affect future performance[24] - The company emphasizes the importance of managing accounts receivable to mitigate risks associated with delayed payments and potential bad debts[24] - The company is addressing management risks associated with rapid expansion by enhancing management capabilities and internal controls[26] - The company emphasizes the importance of technology innovation to maintain competitive advantage, facing risks of technological obsolescence if unable to keep pace with industry advancements[25] Compliance and Commitments - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27] - There are no significant changes in the feasibility of investment projects or major changes in the use of raised funds[30] - The company has no violations regarding external guarantees during the reporting period[32] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[33]