DAWEI(002213)2020-04-23 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥54,181,600.71, representing a 220.54% increase compared to ¥16,903,079.84 in the same period last year[8] - Net profit attributable to shareholders was ¥379,447.88, a significant turnaround from a loss of ¥2,752,375.57 in the previous year, marking an increase of 113.79%[8] - Basic earnings per share increased to ¥0.0018 from -¥0.0134, reflecting a 113.43% improvement[8] - Operating revenue surged by 220.54% to ¥54,181,600.71, driven by increased revenue from the information business segment[16] - Operating profit improved to ¥1,492,825.35, compared to a loss of ¥2,411,923.85 in the same period last year[48] - Net profit for the quarter was ¥1,498,121.06, recovering from a net loss of ¥1,922,727.18 in the previous year[49] - Total operating revenue for Q1 2020 was CNY 54,181,600.71, compared to CNY 16,903,079.84 in the same period last year, indicating a significant increase[42] - Net profit for Q1 2020 was CNY 304,941.05, a recovery from a net loss of CNY 2,774,324.23 in the previous year[44] Cash Flow - The net cash flow from operating activities improved to -¥11,147,198.84, a 21.51% reduction in loss compared to -¥14,202,234.09 in the same period last year[8] - Cash flow from operating activities showed a net outflow of ¥11,147,198.84, an improvement from a net outflow of ¥14,202,234.09 in the previous year[52] - Cash inflow from operating activities totaled 68,966,155.87, compared to 24,144,750.60 in the prior period, representing a 185% increase[55] - Cash outflow from operating activities was 73,825,677.04, up from 37,435,276.78, indicating a 97% increase[55] - The net cash flow from investing activities increased by 492.21% to ¥110,098,559.64, mainly due to the recovery of cash from matured financial products[18] - Cash inflow from investing activities reached 111,084,931.51, compared to 20,199,452.05 previously, reflecting a 450% increase[56] - The net increase in cash and cash equivalents was 102,532,788.95, compared to 7,602,648.77 in the prior period, representing a 1245% increase[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥469,060,922.19, a 1.38% increase from ¥462,686,849.81 at the end of the previous year[8] - The company's total liabilities amounted to ¥88,522,637.44, slightly increasing from ¥87,353,506.11 at the end of 2019, reflecting a rise of approximately 1.3%[36] - The total assets of the company reached ¥469,060,922.19, up from ¥462,686,849.81 at the end of 2019, indicating a growth of about 1.6%[35] - Total liabilities amounted to CNY 136,242,437.39, compared to CNY 128,866,887.48 at the end of 2019[40] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,425[12] - The top shareholder, Shenzhen Chuangtong Investment Development Co., Ltd., held 19.49% of the shares, totaling 40,146,515 shares[12] Government Subsidies - The company received government subsidies amounting to ¥942,598.77, which accounted for 309.11% of the net profit for the period, indicating a 91.98% increase compared to the previous year[9] Expenses - Operating costs rose by 349.40% to ¥47,098,430.67, reflecting higher costs associated with the information business segment[16] - The company reported a significant reduction in sales expenses, which decreased to CNY 1,217,355.57 from CNY 2,063,995.77 year-on-year[43] - Research and development expenses for Q1 2020 were CNY 1,177,952.70, down from CNY 1,564,571.01 in the previous year[43] Investment and Financial Management - The company plans to use up to ¥200,000,000 of idle funds for entrusted financial management over a one-year period[20] - The company reported a total of ¥11,000,000 in entrusted financial management, with no overdue amounts[26] - The company has not engaged in any securities investments during the reporting period, maintaining a conservative investment strategy[24] Governance and Compliance - There were no overdue commitments from shareholders or related parties during the reporting period, reflecting good governance practices[23] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[29]