清源股份(603628) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue fell by 32.49% to CNY 180,100,322.23 year-on-year[10] - Net profit attributable to shareholders increased by 249.80% to CNY 3,959,557.42 compared to the same period last year[10] - Net cash flow from operating activities rose by 117.62% to CNY 37,954,358.13 year-on-year[10] - Basic earnings per share increased by 253.66% to CNY 0.0145 compared to the previous year[10] - The net profit after deducting non-recurring gains and losses increased by 77.27% to CNY 1,806,456.27 year-on-year[10] - The company reported a significant increase in investment income by 2537.32%, from CNY 477,335.39 to CNY 12,588,874.37[25] - Net profit for the period was 4,844,263.20, compared to 2,509,933.00 in the previous period, reflecting an increase of approximately 93.5%[44] - The profit attributable to shareholders of the parent company was 3,959,557.42, up from 1,131,963.37, marking a growth of around 250.5%[44] Assets and Liabilities - Total assets decreased by 21.86% to CNY 1,919,260,439.45 compared to the end of the previous year[10] - The company's cash and cash equivalents decreased by 62.74% from CNY 505,567,562.93 to CNY 188,350,944.39[21] - The total assets decreased from CNY 2,456,149,407.34 to CNY 1,919,260,439.45, reflecting a reduction in total assets[29] - The company’s long-term borrowings decreased by 39.47%, from CNY 73,514,657.50 to CNY 44,500,000.00[21] - Total liabilities decreased from CNY 789,705,289.91 at the end of 2019 to CNY 566,111,724.89, a reduction of about 28.3%[41] - Total current liabilities were ¥1,263,807,390.65, with short-term borrowings at ¥647,894,522.68 and accounts payable at ¥150,631,852.83[63] - Total liabilities amounted to ¥1,512,905,747.50, with non-current liabilities at ¥249,098,356.85[63] Shareholder Information - The number of shareholders at the end of the reporting period was 14,991[17] - The largest shareholder, HONG DANIEL, holds 29.81% of the shares, with 81,617,607 shares pledged[17] Cash Flow - Cash flow from operating activities for Q1 2020 was RMB 37,954,358.13, an increase of 117.4% compared to RMB 17,440,417.12 in Q1 2019[53] - Net cash flow from financing activities in Q1 2020 was -RMB 299,890,385.14, compared to RMB 8,160,877.33 in Q1 2019, indicating a substantial increase in cash outflows[55] - The company reported a net cash flow from investment activities of -RMB 38,719,318.13 in Q1 2020, an improvement from -RMB 60,086,197.47 in Q1 2019[57] Changes in Financial Reporting - The company implemented new revenue recognition standards effective January 1, 2020, impacting financial reporting[66] - The company has implemented new revenue recognition standards effective January 1, 2020, impacting financial reporting[73] Other Financial Metrics - The weighted average return on equity decreased by 0.11 percentage points to 0.01%[10] - Research and development expenses were 2,595,186.43, slightly decreased from 2,818,826.17, showing a reduction of about 7.9%[44] - Financial expenses increased to 26,429,851.27 from 22,445,202.07, representing an increase of approximately 17.7%[44] - The company reported a tax expense of 2,879,732.61, down from 3,441,254.21, which is a decrease of approximately 16.3%[44] - Other comprehensive income after tax was -7,456,246.83, compared to -1,866,181.38 in the previous period, reflecting a decline of about 299.5%[46]