古鳌科技(300551) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥38,372,696.96, a decrease of 6.48% compared to ¥41,032,263.82 in the same period last year[8] - Net profit attributable to shareholders was -¥8,080,185.91, an improvement of 13.27% from -¥9,316,381.62 year-on-year[8] - Basic earnings per share were -¥0.07, an increase of 18.36% from -¥0.08 in the same period last year[8] - The net profit for Q1 2020 was -7,485,339.16 CNY, a slight improvement from -7,614,653.93 CNY in the previous year, indicating a reduction in losses[42] - Operating profit for the quarter was -7,604,944.33 CNY, compared to -7,780,721.37 CNY in the same period last year, showing a decrease in operating losses[42] - The total comprehensive income for the quarter was -7,485,339.16 CNY, compared to -7,614,653.93 CNY in Q1 2019, reflecting a similar trend in reduced losses[43] Cash Flow - Net cash flow from operating activities was -¥136,934,533.45, a decline of 67.64% compared to -¥81,683,284.27 in the previous year[8] - Cash flow from operating activities showed a net outflow of -136,934,533.45 CNY, worsening from -81,683,284.27 CNY in the previous year[46] - Cash inflow from operating activities totaled 34,874,665.53 CNY, up from 31,715,917.28 CNY in the same quarter last year[45] - Cash outflow from operating activities was 171,809,198.98 CNY, compared to 113,399,201.55 CNY in Q1 2019, indicating increased operational expenses[46] - Investment activities generated a net cash inflow of 26,280,983.19 CNY, a significant improvement from -9,333.93 CNY in the previous year[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥792,959,665.23, down 11.70% from ¥898,026,171.22 at the end of the previous year[8] - The company's total assets decreased to CNY 743,573,183.56 from CNY 846,235,139.87[34] - Total liabilities decreased to CNY 213,127,440.96 from CNY 311,586,883.20[34] - The company's total equity as of March 31, 2020, was CNY 583,490,118.53, down from CNY 588,287,479.35, indicating a decrease of approximately 0.5%[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,223[11] - The top shareholder, Chen Chongjun, holds 36.29% of the shares, with 30,654,375 shares pledged[11] Expenses - Management expenses for the period are 5.7479 million yuan, an increase of 36.17% compared to the same period last year, primarily due to the amortization of management personnel equity incentives included in management expenses[16] - Research and development expenses were CNY 8,612,672.13, down from CNY 9,974,713.64[37] Other Financial Metrics - The balance of prepaid accounts increased by 55.81% to ¥29,908,800 due to delays in procurement caused by the pandemic[15] - Other receivables rose by 110.85% to ¥13,946,600, primarily due to testing coin loans for product development[15] - The balance of payable salaries at the end of the period is 4.893 million yuan, a decrease of 46.15% compared to the beginning of the year, mainly due to government policies on social insurance fee reductions and delayed employee return to work due to the pandemic[16] - The balance of payable taxes at the end of the period is 9.0275 million yuan, a decrease of 30.71% compared to the beginning of the year, primarily due to the payment of unpaid value-added tax and additional taxes from the previous year[16] - Deferred income at the end of the period is 6.2346 million yuan, a decrease of 39.75% compared to the beginning of the year, mainly due to the recognition of some government project acceptance as other income[16] Investment Activities - The net cash flow from investment activities for the period is 26.2810 million yuan, an increase of 2629.03 million yuan compared to the same period last year, mainly due to the maturity of financial products[17] - The total amount of raised funds is 20329.88 million yuan, with a cumulative investment of 19282.26 million yuan, representing 94.83% of the total[21] - The company has invested 99.29% of the promised investment in the intelligent cash processing equipment production project, with a total investment of 11,477.28 million yuan[22] Compliance and Governance - The company has no reported violations regarding external guarantees during the reporting period[24][25] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[25] - The company has not conducted an audit for the first quarter report[58]