NCPC(SH:600812)2020-04-16 16:00Financial Performance - Operating revenue decreased by 17.10% to CNY 2,210,078,708.77 year-on-year[11] - Net profit attributable to shareholders increased by 104.49% to CNY 62,972,494.19 compared to the same period last year[11] - The company reported a net profit excluding non-recurring gains and losses of CNY -18,200,832.76, a decrease of 188.87% year-on-year[11] - The company's total revenue for Q1 2020 was CNY 2,210,078,708.77, a decrease from CNY 2,665,889,824.51 in Q1 2019, representing a decline of approximately 17%[39] - The net profit for Q1 2020 was CNY 57,587,111.07, compared to CNY 29,543,447.15 in Q1 2019, showing an increase of approximately 95%[43] - The company achieved a total comprehensive income of CNY 58,568,730.84 in Q1 2020, up from CNY 28,125,424.53 in Q1 2019, indicating a growth of approximately 108%[45] - The total profit for Q1 2020 was CNY 40,093,126.16, a significant increase from CNY 18,708,256.94 in Q1 2019, representing a growth of approximately 114.5%[48] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 68.14% to CNY 74,673,262.59 compared to the previous year[11] - The net cash flow from operating activities for Q1 2020 was CNY 74,673,262.59, down from CNY 234,407,319.07 in Q1 2019, indicating a decrease of about 68.2%[52] - Cash flow from financing activities generated a net inflow of CNY 2,378,050,764.00 in Q1 2020, a substantial increase from CNY 326,141,366.30 in Q1 2019[54] - The ending balance of cash and cash equivalents was CNY 3,346,245,069.37 at the end of Q1 2020, up from CNY 1,394,489,426.96 at the end of Q1 2019, marking an increase of approximately 140.5%[54] - The company reported a cash increase of CNY 1,553,843,449.19 during the period, compared to CNY 199,263,039.91 previously[57] Assets and Liabilities - Total assets increased by 13.11% to CNY 20,971,440,232.84 compared to the end of the previous year[11] - Cash and cash equivalents increased to ¥3,363,792,236.74, a 175.07% increase from ¥1,222,873,259.17 at the end of the previous year, primarily due to increased financing[20] - Long-term borrowings increased by 40.10% to ¥2,306,287,658.00 from ¥1,646,200,000.00, primarily due to additional working capital loans[20] - The total liabilities increased significantly, with cash received from borrowings rising by 118.44% to ¥5,102,854,346.58 from ¥2,336,000,000.00[22] - Current liabilities totaled ¥11,889,107,617.13, an increase from ¥10,080,408,979.40, indicating a growth of approximately 17.9%[32] - The total liabilities were CNY 12,917,137,400.78, showing a stable leverage position[61] Shareholder Information - The total number of shareholders at the end of the reporting period was 91,313[14] - The top three shareholders held a combined 52.66% of the shares, with the largest shareholder owning 21.60%[14] - The total equity attributable to shareholders increased to ¥5,624,143,717.41 from ¥5,560,028,966.47, representing a growth of approximately 1.2%[32] Research and Development - Research and development expenses decreased by 32.69% to ¥16,463,236.68 from ¥24,459,298.91 compared to the same period last year[20] - Research and development expenses for Q1 2020 were CNY 16,463,236.68, down from CNY 24,459,298.91 in Q1 2019, a decrease of approximately 33%[43] Other Financial Metrics - Basic earnings per share rose by 105.26% to CNY 0.039 per share compared to the same period last year[11] - The weighted average return on equity increased by 0.57 percentage points to 1.13%[11] - The company received government subsidies amounting to CNY 82,356,033.68 during the reporting period[13] - The company issued a short-term financing bond of ¥500,000,000.00 during the reporting period[22] - The company reported a decrease in tax payable by 69.67% to ¥38,335,202.89 from ¥126,403,704.91 due to tax payments made during the period[20]