NNCI(SH:600301)2020-04-22 16:00Financial Performance - Operating revenue for the period was ¥166,774,060.10, representing a significant increase of 134.52% year-on-year[11]. - Net profit attributable to shareholders was ¥2,651,185.18, up 147.74% from the same period last year[11]. - Basic earnings per share increased to ¥0.0113, reflecting a growth of 145.65% year-on-year[11]. - The total comprehensive income for the period was 2,651,185.18, compared to 1,070,147.79 in the previous year, indicating a significant increase[34]. - Basic and diluted earnings per share were both 0.0113, up from 0.0046 in the same quarter last year, reflecting improved profitability[34]. - The net profit for Q1 2020 was ¥2,651,185.18, compared to ¥1,070,147.79 in Q1 2019, indicating a significant improvement[32]. Cash Flow - The net cash flow from operating activities was negative at -¥2,235,610.32, a decrease of 187.39% compared to the previous year[11]. - Cash inflows from operating activities totaled 192,356,756.26, compared to 132,250,756.30 in the previous year, representing a year-over-year increase of approximately 45.5%[38]. - Cash outflows from operating activities were 194,592,366.58, up from 129,692,513.88, leading to a net cash flow from operating activities of -2,235,610.32, a decline from 2,558,242.42 in the previous year[38]. - The company reported a net decrease in cash and cash equivalents of -2,235,610.32 for the quarter, compared to an increase of 2,558,242.42 in the same quarter last year[40]. - The ending balance of cash and cash equivalents was 183,791,663.32, down from 225,717,037.84 at the end of the previous year[40]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥403,502,308.55, an increase of 0.59% compared to the end of the previous year[11]. - The total assets as of March 31, 2020, amounted to ¥403,502,308.55, compared to ¥401,149,625.26 at the end of 2019[26]. - The total liabilities were ¥77,897,631.53, slightly down from ¥78,196,133.42 at the end of the previous year[26]. - Total liabilities were 78,196,133.42, consistent with the previous year's figures[42]. - The total equity increased to ¥325,604,677.02 from ¥322,953,491.84 at the end of 2019[28]. - The total equity attributable to owners was 322,953,491.84, unchanged from the previous year[45]. Shareholder Information - The total number of shareholders at the end of the reporting period was 7,761[17]. - The largest shareholder, Nanning Chemical Group Co., Ltd., holds 32.00% of the shares[17]. Inventory and Prepaid Accounts - Prepaid accounts increased significantly to ¥40,061,407.45, a change of 249,941.55% due to normal payments during the period[18]. - The company’s inventory decreased to ¥132,529,623.80 from ¥163,394,765.21 at the end of 2019[23]. Accounting Standards - The company has implemented new revenue and lease accounting standards starting from 2020, which may impact future financial reporting[44].