富临运业(002357) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥120,601,059.87, a decrease of 49.75% compared to ¥240,010,304.76 in the same period last year[7] - The net profit attributable to shareholders for Q1 2020 was ¥30,289,418.33, down 29.09% from ¥42,717,095.56 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥25,681,657.62, a decline of 39.94% compared to ¥42,761,543.05 in the previous year[7] - Total operating revenue decreased by 49.75% compared to the same period last year, primarily due to the impact of the COVID-19 pandemic[16] - Total operating costs decreased by 41.39% year-on-year, corresponding to the reduction in revenue[16] - Research and development expenses decreased by 44.63% compared to the same period last year, indicating reduced investment in R&D[16] - Net profit for the first quarter was CNY 30,820,760.94, down from CNY 43,543,890.50 in the same period last year, representing a decline of approximately 29.3%[40] Cash Flow - The net cash flow from operating activities was ¥1,816,483.67, a significant drop of 98.68% from ¥137,727,316.00 in the same period last year[7] - Net cash flow from operating activities decreased by 135.91 million yuan compared to the same period last year, mainly due to the absence of compensation received for station demolition[17] - Net cash flow from investing activities increased by 26.86 million yuan year-on-year, attributed to reduced cash payments for fixed and intangible asset acquisitions[17] - Net cash flow from financing activities increased by 65.40 million yuan compared to the same period last year, due to decreased cash payments for loan repayments and increased cash receipts from loans[17] - Cash flow from operating activities generated a net amount of CNY 1,816,483.67, significantly down from CNY 137,727,316.00 in the previous period[48] - Cash flow from investing activities resulted in a net inflow of CNY 4,895,495.54, a recovery from a net outflow of CNY -21,959,795.24 in the previous period[49] - Cash flow from financing activities yielded a net inflow of CNY 33,170,843.43, compared to a net outflow of CNY -32,227,390.54 in the previous period[49] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,612,626,192.62, an increase of 1.38% from ¥2,577,067,365.91 at the end of the previous year[7] - Total assets as of March 31, 2020, amounted to 2.61 billion yuan, a slight increase from 2.58 billion yuan at the end of 2019[30] - Total liabilities as of March 31, 2020, were 1.31 billion yuan, compared to 1.31 billion yuan at the end of 2019[31] - Total liabilities increased to CNY 1,164,159,635.45 from CNY 1,102,454,217.25, marking a rise of about 5.6%[36] - The total liabilities amounted to 1,306,613,251.65 CNY, indicating a stable financial position[56] Equity - The net assets attributable to shareholders increased by 2.65% to ¥1,210,488,055.71 from ¥1,179,214,995.29 at the end of the previous year[7] - The company's total equity as of March 31, 2020, was 1.30 billion yuan, up from 1.27 billion yuan at the end of 2019[32] - The total equity attributable to shareholders increased to CNY 1,263,813,417.93 from CNY 1,236,495,559.06, reflecting a growth of approximately 2.2%[36] - Total equity amounted to CNY 1,236,495,559.06 as of the end of Q1 2020[59] Cash and Cash Equivalents - The cash and cash equivalents at the end of the period increased by 44.14% compared to the beginning of the year, mainly due to an increase in bank loans[15] - The company's cash and cash equivalents increased to 140.53 million yuan from 97.49 million yuan at the end of 2019[29] - The company's cash and cash equivalents grew to CNY 57,079,664.74 from CNY 38,213,484.49, an increase of approximately 49.3%[35] - The ending cash and cash equivalents balance is CNY 109,064,845.88, down from CNY 184,248,800.66 in the previous period[49] - The total cash and cash equivalents at the end of the period amounted to 55,427,744.74 CNY, reflecting an increase of 49.3% from the beginning of the period[52] Other Financial Metrics - Earnings per share (EPS) for the first quarter was CNY 0.0966, down from CNY 0.1363 in the previous year[41] - The company reported investment income of CNY 39,381,580.66, compared to CNY 36,948,665.35 in the previous period, showing an increase of about 6.3%[39] - The company received investment income of CNY 40,032,564.76, an increase from CNY 34,644,297.07 in the previous period[43] - The company reported interest expenses of CNY 6,883,495.71, down from CNY 7,523,565.28 in the previous period[43] Changes in Accounting Standards - The company has implemented new revenue and leasing standards starting from 2020, affecting the financial statements[53] - The report indicates the implementation of new revenue and leasing standards starting in 2020, but it is not applicable for retrospective adjustments[59] Audit Status - The company did not undergo an audit for the Q1 report[59]