福蓉科技(603327) - 2020 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was CNY 86,961,430.72, an increase of 28.61% year-on-year[18]. - Operating revenue for the period was CNY 326,001,239.32, reflecting a year-on-year growth of 13.09%[18]. - Basic earnings per share were CNY 0.2169, up 12.27% from the previous year[18]. - The net profit for Q1 2020 reached approximately ¥102 million, up from ¥79 million in Q1 2019, reflecting an increase of about 28.3%[43]. - The net profit for Q1 2020 was CNY 86,961,430.72, an increase of 28.6% compared to CNY 67,615,173.65 in Q1 2019[45]. Cash Flow - Net cash flow from operating activities reached CNY 100,631,785.26, a significant increase of 102.02% compared to the same period last year[18]. - The net cash flow from operating activities increased by 102.02%, from RMB 49,813,752.22 to RMB 100,631,785.26, driven by higher cash receipts from sales[31]. - Cash inflow from operating activities totaled CNY 372,480,038.05, compared to CNY 271,152,260.55 in the same period last year, representing a year-over-year increase of 37.4%[47]. - The net cash flow from operating activities was CNY 100,631,785.26, significantly higher than CNY 49,813,752.22 in Q1 2019, marking a growth of 102.5%[47]. - Total cash and cash equivalents at the end of Q1 2020 reached CNY 247,384,074.89, up from CNY 85,432,421.05 at the end of Q1 2019, indicating a substantial increase of 189.5%[47]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,599,162,244.55, a decrease of 0.33% compared to the end of the previous year[18]. - The total assets as of March 31, 2020, were approximately ¥1.599 billion, slightly down from ¥1.604 billion at the end of 2019[41]. - The total liabilities decreased to approximately ¥238 million in Q1 2020 from ¥332 million in Q1 2019, a reduction of about 28.3%[41]. - The total current assets amounted to CNY 1,049,304,185.68, consistent with the previous year's figures[52]. - Total liabilities amount to 332,183,497.98, with current liabilities at 327,360,256.49[55]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,388[24]. - The largest shareholder, Fujian Nanping Aluminum Co., Ltd., held 226,471,000 shares, accounting for 56.48% of total shares[24]. Research and Development - Research and development expenses decreased by 32.52%, from RMB 3,315,163.09 to RMB 2,237,143.04, indicating reduced R&D spending[34]. - Research and development expenses for Q1 2020 were approximately ¥2.24 million, down from ¥3.32 million in Q1 2019, indicating a decrease of about 32.8%[43]. Other Financial Metrics - The weighted average return on net assets decreased by 2.8 percentage points to 6.61%[18]. - Government subsidies recognized in the current period amounted to CNY 1,340,951.44[20]. - Non-recurring gains and losses totaled CNY 2,809,640.87 for the period[23]. - The company reported a significant increase in other income by 314.68%, from RMB 71,408.28 to RMB 296,112.72, due to government subsidies[31]. - The company experienced a 50.33% decrease in taxes and surcharges, from RMB 3,732,430.91 to RMB 1,853,979.77, due to lower VAT payable[31]. Investment Activities - The net cash flow from investment activities improved by 58.79%, from RMB -21,138,171.50 to RMB -8,711,198.57, attributed to the recovery of structured deposit principal[31]. - The company reported cash outflows from investing activities of CNY 280,878,217.65, compared to CNY 21,138,171.50 in Q1 2019, reflecting a significant increase in investment activities[47]. Equity and Reserves - Total equity stands at 1,272,196,045.58, including paid-in capital of 401,000,000.00 and retained earnings of 433,451,778.78[55]. - The company has a capital reserve of 361,990,087.05, contributing to overall equity[55]. - The company has a special reserve of 16,937,315.43, which is part of the total equity[55].