CECWPC(SH:601016)2020-04-28 16:00Financial Performance - Operating revenue for the period was CNY 620,484,418.15, representing a year-on-year growth of 12.50%[6] - Net profit attributable to shareholders was CNY 136,770,809.73, up 20.53% from the same period last year[6] - The company reported a net profit excluding non-recurring gains and losses of CNY 133,337,444.22, which is a 21.74% increase year-on-year[6] - Total operating revenue for Q1 2020 was RMB 620,484,418.15, an increase from RMB 551,518,765.03 in Q1 2019, representing a growth of approximately 12.5%[31] - Operating profit for Q1 2020 reached RMB 182,816,998.63, compared to RMB 150,477,092.77 in Q1 2019, reflecting a growth of approximately 21.5%[31] - The total comprehensive income attributable to the parent company decreased by 42.60% to 53,417,932.85 RMB in Q1 2020, down from 93,058,532.46 RMB in Q1 2019[17] - The total profit for Q1 2020 was CNY -9,736,373.78, reflecting a decline from CNY -8,429,747.25 in Q1 2019[34] Cash Flow - Net cash flow from operating activities increased by 34.45% to CNY 304,625,933.28 compared to the previous year[6] - The company's operating cash flow net amount increased by 34.45% to 304,625,933.28 RMB in Q1 2020, compared to 226,577,134.36 RMB in Q1 2019[19] - In Q1 2020, the cash inflow from operating activities was CNY 448,448,086.03, an increase of 17.2% compared to CNY 382,432,069.86 in Q1 2019[36] - The net cash flow from investing activities decreased by 298.96% to -1,248,365,979.50 RMB in Q1 2020, compared to -312,906,012.15 RMB in Q1 2019[19] - Cash inflow from financing activities amounted to CNY 1,650,514,900.37, a substantial increase from CNY 193,702,769.00 in Q1 2019[37] - The net cash flow from financing activities was CNY 1,410,544,969.30, contrasting with a negative flow of CNY -147,461,537.26 in the same quarter last year[37] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 24,989,592,539.79, an increase of 6.29% compared to the end of the previous year[6] - The company's total liabilities reached RMB 16.84 billion, compared to RMB 15.42 billion at the end of 2019, marking an increase of approximately 9.2%[26] - The company's total assets amounted to approximately RMB 24.99 billion, an increase from RMB 23.51 billion at the end of 2019, representing a growth of about 6.3%[25] - The company's total liabilities as of March 31, 2020, were RMB 9,152,817,849.45, compared to RMB 7,900,471,477.38 at the end of 2019, indicating an increase of approximately 15.9%[28] - The company's equity attributable to shareholders increased to RMB 7.41 billion from RMB 7.35 billion, showing a growth of about 0.7%[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 96,429[9] - The largest shareholder, China Energy Conservation and Environmental Protection Group, holds 1,896,296,000 shares, accounting for 45.63% of total shares[9] Research and Development - Research and development expenses rose by 375.32% to 1,047,285.11 RMB in Q1 2020, indicating a significant increase in investment in R&D[17] - The research and development expenses for Q1 2020 were CNY 975,818.47, up from CNY 220,332.51 in Q1 2019[34] Financial Ratios - The weighted average return on equity rose to 1.84%, an increase of 0.22 percentage points year-on-year[6] - Basic earnings per share improved to CNY 0.033, reflecting a growth of 22.22% compared to the previous year[6] - The basic earnings per share for Q1 2020 was CNY 0.033, an increase from CNY 0.027 in the previous year[32] Government Support - Government subsidies recognized in the current period amounted to CNY 5,520,960.81[7]