奥福环保(688021) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue rose by 6.93% to CNY 70,365,777.37 year-on-year[5] - Net profit attributable to shareholders increased by 27.55% to CNY 20,751,100.20 compared to the same period last year[5] - Total operating revenue for Q1 2020 was CNY 70,365,777.37, an increase of 6.3% compared to CNY 65,805,592.71 in Q1 2019[27] - Net profit for Q1 2020 was CNY 20,751,100.20, up 27.3% from CNY 16,269,150.15 in Q1 2019[28] - The company reported a total profit of CNY 24,191,121.55 for Q1 2020, compared to CNY 19,066,926.92 in Q1 2019, an increase of 26.5%[28] - Total comprehensive income for Q1 2020 was ¥18,721,230.59, compared to ¥16,689,722.50 in Q1 2019, representing an increase of approximately 12.25%[31] Cash Flow - Net cash flow from operating activities decreased significantly by 616.34% to -CNY 13,156,913.00[5] - The net cash flow from operating activities was negative at -¥13,156,913.00, a decrease of 616.34% compared to ¥2,548,132.12 in the same period last year, primarily due to a reduction in cash received from sales[15] - Cash inflows from operating activities totaled ¥23,120,677.94 in Q1 2020, a decline of 45.4% from ¥42,362,045.00 in Q1 2019[33] - Net cash outflow from operating activities was ¥13,156,913.00 in Q1 2020, compared to a net inflow of ¥2,548,132.12 in Q1 2019[34] - Cash outflows from investing activities reached ¥198,822,979.97 in Q1 2020, significantly higher than ¥7,364,824.15 in Q1 2019[34] - Net cash flow from financing activities was negative at ¥308,744.85 in Q1 2020, contrasting with a positive net flow of ¥9,138,964.01 in Q1 2019[35] - The net increase in cash and cash equivalents for Q1 2020 was negative at ¥-212,467,409.07, compared to a positive increase of ¥4,309,479.18 in Q1 2019[35] Assets and Liabilities - Total assets increased by 5.44% to CNY 1,126,502,532.00 compared to the end of the previous year[5] - Total current assets increased to CNY 835,015,897.04 as of March 31, 2020, up from CNY 787,153,643.64 at the end of 2019, representing a growth of approximately 6.5%[18] - Total liabilities amounted to CNY 274,445,098.02, up from CNY 237,051,230.51, indicating an increase of approximately 15.8%[20] - Total liabilities increased to CNY 224,676,058.91 from CNY 172,804,773.53, marking a rise of 30.0%[24] - Total assets reached CNY 1,126,502,532.00, compared to CNY 1,068,357,564.29, showing a growth of about 5.4%[20] - Non-current assets totaled CNY 291,486,634.96, an increase from CNY 281,203,920.65, representing a growth of approximately 3.6%[19] Shareholder Information - The total number of shareholders reached 3,777 at the end of the reporting period[11] - The largest shareholder, Pan Jiqing, holds 13.90% of the shares, totaling 10,743,827 shares[11] Expenses - Research and development expenses accounted for 5.61% of operating revenue[7] - Research and development expenses for Q1 2020 were CNY 3,950,291.00, a decrease of 1.5% from CNY 4,011,216.42 in Q1 2019[27] - The company reported a significant increase in other receivables, which rose to CNY 316,580,592.56 from CNY 303,233,643.02, reflecting a growth of about 4.4%[23] - The company reported a non-operating income of CNY 1,370,463.04, primarily due to government subsidies[9] - The company reported a 54.46% decrease in taxes and surcharges, amounting to ¥526,531.36 compared to ¥1,156,141.94 in Q1 2019, primarily due to a reduction in urban construction tax and land use tax[14] - The company’s financial expenses decreased by 85.68% to ¥318,539.11 from ¥2,223,771.61, mainly due to reduced exchange losses and increased interest income[14]