ZMNY(SH:600163)2020-04-29 16:00Financial Performance - Operating revenue for the period was ¥220,739,989.41, representing a year-on-year increase of 17.78%[11] - Net profit attributable to shareholders was ¥79,512,180.33, up 37.55% from the same period last year[11] - Basic earnings per share rose to ¥0.0471, a 37.72% increase year-on-year[11] - Total operating revenue for Q1 2020 was CNY 220,739,989.41, an increase of 17.7% compared to CNY 187,425,085.36 in Q1 2019[39] - Net profit for Q1 2020 reached CNY 88,785,920.88, representing a 42.4% increase from CNY 62,380,291.08 in Q1 2019[41] - Total comprehensive income for Q1 2020 was CNY 88,785,920.88, up from CNY 62,380,291.08 in Q1 2019[41] Cash Flow - Net cash flow from operating activities decreased by 58.95% to ¥92,960,112.52 compared to the previous year[11] - The company's cash flow from operating activities decreased by 49.03% to ¥152,795,296.96, mainly due to the absence of fund transactions with the controlling shareholder[20] - The net cash flow from operating activities decreased to ¥92,960,112.52 in Q1 2020, down from ¥226,436,251.63 in Q1 2019, indicating a decline of about 59%[52] - The cash inflow from financing activities for Q1 2020 was ¥78,343,531.85, compared to ¥1,099,431,292.53 in Q1 2019, representing a decrease of about 92.9%[52] Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,038,346,006.35, an increase of 0.18% compared to the end of the previous year[11] - Current assets totaled approximately 1.92 billion, up from 1.89 billion year-over-year, driven by an increase in accounts receivable which rose to approximately 741.19 million from 630.42 million[28] - Total liabilities increased to approximately 5.76 billion from 5.66 billion, with current liabilities decreasing to approximately 2.07 billion from 2.21 billion[31] - Long-term borrowings rose to approximately 2.31 billion from 2.27 billion, indicating a strategic move to leverage debt for growth[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 27,977[14] - The largest shareholder, Fujian Investment Development Group Co., Ltd., holds 68.76% of the shares[14] Investment Activities - Investment activities cash outflow decreased by 77.21% to ¥102,298,646.11, reflecting reduced payments for construction projects compared to the previous year[20] - The company completed the registration of 689,837,758 shares and 2,000,000 convertible bonds for the acquisition of 100% equity in Fujian Zhongmin Offshore Wind Power Co., Ltd. on March 30 and 31, 2020[23] Future Outlook - Future outlook remains cautiously optimistic, with plans for market expansion and potential acquisitions to enhance growth opportunities[32]