宁波能源(600982) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 42.46% to CNY 24,488,391.85 year-on-year[6] - Operating revenue fell by 33.45% to CNY 617,952,320.85 compared to the same period last year[6] - Basic earnings per share decreased by 46.04% to CNY 0.0225[6] - The weighted average return on equity decreased by 0.65 percentage points to 0.74%[6] - The company's operating revenue for Q1 2020 was CNY 617,952,320.85, a decrease of 33.45% compared to CNY 928,510,023.86 in the same period last year, primarily due to the impact of the pandemic on product trade and steam revenue[17] - The profit attributable to shareholders of the parent company for Q1 2020 was ¥24,488,391.85, down 42.5% from ¥42,557,788.99 in Q1 2019[32] - The total profit for Q1 2020 was ¥41,365,611.55, down 37.4% from ¥66,102,398.65 in Q1 2019[32] - The company incurred a financial expense of ¥9,589,137.82 in Q1 2020, a slight decrease from ¥10,620,362.11 in Q1 2019[31] - The company reported a comprehensive income total of ¥34,343,864.64 for Q1 2020, down 26.7% from ¥46,907,230.21 in Q1 2019[32] Cash Flow - Net cash flow from operating activities increased by 245.65% to CNY 235,424,039.90 year-to-date[6] - The net cash flow from operating activities increased significantly to CNY 235,424,039.90 in Q1 2020, compared to CNY 68,109,838.32 in Q1 2019, marking a growth of 245.5%[38] - The company reported a net cash outflow from investing activities of CNY -612,526,420.70 in Q1 2020, a decline from a net inflow of CNY 299,936,763.60 in Q1 2019[39] - Cash inflow from financing activities was CNY 1,023,663,768.00 in Q1 2020, compared to CNY 647,627,800.00 in Q1 2019, representing an increase of 58%[39] - The net cash flow from financing activities improved to CNY 551,916,960.91 in Q1 2020, reversing from a net outflow of CNY -385,559,164.60 in Q1 2019[39] - The parent company's net cash flow from operating activities decreased to CNY 76,774,495.59 in Q1 2020, down from CNY 520,840,412.02 in Q1 2019, a decline of 85.3%[41] - The parent company reported a net cash outflow from investing activities of CNY -493,922,376.97 in Q1 2020, compared to a net inflow of CNY 352,071,845.98 in Q1 2019[42] Assets and Liabilities - Total assets increased by 10.08% to CNY 6,760,007,094.79 compared to the end of the previous year[6] - The company's total current assets as of March 31, 2020, amounted to CNY 2,284,672,198.48, a decrease from CNY 2,601,397,622.44 at the end of 2019[21] - Total current assets decreased to ¥1,355,996,925.70 from ¥1,740,687,748.05, representing a decline of approximately 22.1%[27] - Total liabilities reached ¥2,960,525,905.18, compared to ¥2,433,708,363.15 in the previous quarter, marking an increase of 21.5%[24] - Current liabilities rose to ¥2,102,724,878.75, up from ¥1,535,432,985.85, indicating a 36.9% increase[23] - Total liabilities amount to 1,068,267,928.99, with current liabilities at 822,776,089.65[50] - Non-current liabilities total 245,491,839.34, including long-term borrowings of 240,000,000.00[50] Investments - Long-term equity investments rose significantly by 443.80% to CNY 1,055,323,714.31 from CNY 194,063,329.96, mainly due to the acquisition of minority stakes accounted for using the equity method[21] - The company recognized investment income of CNY 57,858,571.26, an increase of 123.67% compared to CNY 25,867,749.41 in the previous year, due to higher investment returns from long-term equity investments[17] - The company completed the acquisition of a 35% stake in WanHua Thermal Power and a 10% stake in Guodian Sanfa in March 2020, confirming an investment income of CNY 16,713,000 for the month[18] Shareholder Information - The total number of shareholders reached 38,546 by the end of the reporting period[10] - The largest shareholder, Ningbo Development Investment Group Co., Ltd., holds 26.35% of the shares[10] Other Financial Metrics - The company received government subsidies amounting to CNY 3,781,283.61 during the reporting period[7] - Other income for Q1 2020 was ¥5,159,137.52, an increase of 132.5% from ¥2,221,811.51 in Q1 2019[31] - The company has not disclosed any new product or technology developments in this report[6]