CDGAS(SH:603053)2020-04-22 16:00Financial Performance - Net profit attributable to shareholders was CNY 142,834,764.42, representing a decrease of 3.39% year-on-year[18]. - Operating revenue for the period was CNY 1,144,645,078.88, down 19.05% from the same period last year[18]. - Basic earnings per share decreased by 15.79% to CNY 0.16 from CNY 0.19 in the previous year[21]. - The company reported a decrease in net profit from non-recurring gains and losses, amounting to CNY 138,371,335.79, down 3.57% year-on-year[18]. - The company reported a net profit of CNY 998,150,307.32, up from CNY 877,798,099.58, indicating an increase of approximately 13.7%[50]. - Net profit for Q1 2020 was ¥145,627,562.35, a decline of 7% from ¥155,758,192.87 in Q1 2019[55]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 149,422,833.06, a significant decline compared to negative CNY 3,480,608.53 in the previous year[18]. - Cash flow from operating activities showed a significant decline of 4193.01%, resulting in a net outflow of -¥149,422,833.06 compared to -¥3,480,608.53 in the previous year[35]. - The company experienced a net decrease in cash and cash equivalents of -130,688,122.70 RMB in Q1 2020, compared to -184,882,989.29 RMB in Q1 2019[68]. - The ending balance of cash and cash equivalents was 949,979,158.55 RMB as of the end of Q1 2020, up from 662,370,039.42 RMB at the end of Q1 2019[68]. - The company reported a cash balance of RMB 1,734,460,098.01, indicating strong liquidity[83]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 6,718,216,314.01, a 0.35% increase compared to the end of the previous year[18]. - Total liabilities decreased to CNY 2,487,467,942.16 from CNY 2,620,542,883.49, a reduction of approximately 5.1%[50]. - Owner's equity increased to CNY 3,350,783,873.84 from CNY 3,230,431,666.10, reflecting a growth of about 3.7%[50]. - Accounts receivable increased by 102.27% to ¥345,255,111.28 from ¥170,692,253.78 due to delayed payments caused by the pandemic[33]. - The company’s long-term payables surged by 8812.57% to ¥35,397,160.00 from ¥397,160.00, due to the receipt of special bond funds[33]. - Total assets amounted to approximately $6.7 billion, with current assets at about $2.86 billion[80]. - Total liabilities reached approximately $3.1 billion, with current liabilities totaling around $2.73 billion[79]. Shareholder Information - The total number of shareholders at the end of the reporting period was 35,182[27]. - The largest shareholder, Chengdu Urban Construction Investment Management Group, holds 36.90% of the shares[27]. Expenses and Costs - Total operating costs for Q1 2020 were ¥985,634,482.73, down 21% from ¥1,245,069,996.62 in Q1 2019[53]. - Research and development expenses for Q1 2020 were ¥6,605,646.47, down 19% from ¥8,140,896.12 in Q1 2019[53]. - Sales expenses for Q1 2020 were ¥64,075,980.96, down 12% from ¥72,478,827.88 in Q1 2019[53]. - Management expenses for Q1 2020 were ¥39,788,259.75, a decrease of 8% compared to ¥43,308,089.53 in Q1 2019[53]. Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in this report[18]. - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided data[80]. - The company is focused on expanding its market presence and enhancing product offerings through ongoing research and development efforts[87].