川恒股份(002895) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥342,305,321.81, representing a 6.03% increase compared to ¥322,839,442.02 in the same period last year[9]. - Net profit attributable to shareholders was ¥25,221,629.41, a significant increase of 394.05% from ¥5,105,058.59 in the previous year[9]. - The net profit after deducting non-recurring gains and losses reached ¥25,532,026.09, up 804.69% from ¥2,822,178.41 year-on-year[9]. - Basic earnings per share rose to ¥0.0631, reflecting a 392.97% increase compared to ¥0.0128 in the same period last year[9]. - Operating profit surged by 226.05% driven by increased operating income and improved gross margin[22]. - Total profit increased by 234.57% due to higher operating income and improved gross margin[22]. - The company's operating income for the current period is CNY 275,911,602.93, an increase from CNY 236,532,456.12 in the previous period, representing a growth of approximately 16.6%[63]. - The net profit for the current period is CNY 25,336,682.94, compared to CNY 4,900,194.59 in the previous period, indicating a significant increase of over 417%[59]. - The company reported a profit before tax of CNY 32,667,577.06, up from CNY 9,763,973.38, marking an increase of over 233%[59]. - The company's total comprehensive income for the current period is CNY 25,336,682.94, compared to CNY 4,900,194.59 in the previous period, indicating a significant improvement[66]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,842,800,615.76, a slight increase of 0.76% from ¥2,821,236,921.08 at the end of the previous year[9]. - The net assets attributable to shareholders increased to ¥2,020,230,823.28, marking a 1.52% rise from ¥1,989,946,693.89 at the end of the previous year[9]. - The total assets as of March 31, 2020, amounted to CNY 1,951,586,753.58, a decrease from CNY 1,975,076,344.58 at the end of 2019[50]. - The total liabilities decreased to CNY 653,626,774.86 from CNY 692,852,346.74, indicating a reduction of about 5.6%[52]. - The owner's equity increased to CNY 1,297,959,978.72 from CNY 1,282,223,997.84, reflecting a growth of approximately 1.2%[52]. - The total liabilities and owner's equity combined amounted to CNY 2,842,800,615.76, up from CNY 2,821,236,921.08, reflecting a growth of about 0.8%[46]. - The total current liability of ¥675,014,922.48 as of December 31, 2019, remained unchanged as of January 1, 2020[83]. - The company’s total non-current liabilities were ¥144,969,553.01 as of both December 31, 2019, and January 1, 2020[87]. Cash Flow - The net cash flow from operating activities was negative at -¥33,935,478.80, a decline of 738.52% compared to ¥5,314,732.68 in the same period last year[9]. - Cash inflow from operating activities was 322,085,299.95, up from 295,521,008.24 in the previous period[70]. - Cash outflow from operating activities totaled 356,020,778.75, compared to 290,206,275.56 in the previous period[73]. - The net cash flow from investment activities was -21,794,800.32, worsening from -10,996,591.23 in the previous period[80]. - Cash inflow from financing activities was 50,000,000.00, down from 160,000,000.00 in the previous period[80]. - The net cash flow from financing activities was -38,914,300.00, compared to 91,739,916.72 in the previous period[80]. - The ending cash and cash equivalents balance was 195,665,907.36, compared to 134,134,974.01 in the previous period[80]. Shareholder Information - The top shareholder, Sichuan Chuanheng Holdings Group Co., Ltd., held 76.29% of the shares, with a total of 310,968,000 shares[13]. Other Financial Metrics - The weighted average return on equity was 1.26%, up from 0.27% in the previous year[9]. - Tax payable increased by 203.83% primarily due to higher taxable income and increased VAT and other accrued but unpaid taxes[22]. - Special reserves rose by 221.92% due to unspent safety production fees accrued by the subsidiary during the reporting period[22]. - Research and development expenses rose to CNY 7,070,090.84 from CNY 6,755,358.70, reflecting an increase of about 4.7%[56]. - The total operating costs decreased slightly to CNY 307,826,917.52 from CNY 313,249,876.64, a reduction of approximately 1.4%[56]. - The company experienced a decrease in financial expenses, which fell to CNY 1,653,613.45 from CNY 6,293,506.08, a reduction of approximately 73.7%[56]. - The investment income for the current period is CNY 79,693.10, recovering from a loss of CNY 400,228.18 in the previous period[63].