广聚能源(000096) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥286,062,979.80, a decrease of 25.25% compared to ¥382,712,116.70 in the same period last year[6]. - The net profit attributable to shareholders was ¥1,836,762.87, down 82.21% from ¥10,323,277.41 year-on-year[6]. - The net profit after deducting non-recurring gains and losses was -¥5,165,747.69, a decline of 189.33% compared to ¥5,783,019.14 in the previous year[6]. - Basic and diluted earnings per share were both ¥0.0035, down 82.14% from ¥0.0196 year-on-year[6]. - The company reported a net profit of CNY 2,377,500.44 for Q1 2020, down 78.7% from CNY 11,156,689.25 in the previous year[53]. - The total profit for the first quarter was 132,108.00, compared to a loss of 1,462,349.35 in the previous period[58]. - The net profit for the first quarter was 82,039.96, while the previous period recorded a net loss of 1,462,349.35[58]. Cash Flow - The net cash flow from operating activities was -¥89,650,880.90, worsening from -¥45,610,944.82 in the same period last year[6]. - Cash flow from operating activities was -89,650,880.90, a decrease from -45,610,944.82 in the previous period[60]. - Cash inflow from sales of goods and services was 319,044,547.42, down from 440,290,874.87 in the previous period[59]. - Cash outflow for operating activities totaled 415,074,962.45, compared to 491,764,974.76 in the previous period[60]. - The company reported a cash flow from investment activities of -6,159,851.97, an improvement from -32,008,596.26 in the previous period[60]. - The cash and cash equivalents at the end of the period were 1,376,975,067.05, compared to 1,282,755,239.89 in the previous period[62]. - The company experienced a foreign exchange impact of 325,676.50 on cash and cash equivalents[62]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,940,693,339.67, a slight decrease of 0.20% from ¥2,946,707,959.22 at the end of the previous year[6]. - Current assets totaled CNY 1,620,893,614.25, slightly down from CNY 1,625,620,945.55, representing a decrease of about 0.3%[40]. - Total liabilities decreased from CNY 210,481,977.09 to CNY 201,836,596.66, a reduction of about 4.0%[42]. - Owner's equity increased from CNY 2,736,225,982.13 to CNY 2,738,856,743.01, reflecting a growth of approximately 0.1%[42]. Inventory and Receivables - Accounts receivable decreased by 31% to ¥2,055,225.19 due to reduced sales impacted by COVID-19[16]. - Inventory increased by 363% to ¥60,091,908.43 as the company increased oil product stock in response to rising market prices[17]. - Accounts receivable decreased from CNY 2,988,776.84 to CNY 2,055,225.19, a reduction of about 31.2%[40]. - Other receivables rose from CNY 4,195,803.15 to CNY 3,812,881.24, indicating a decrease of approximately 9.1%[40]. Government Support and Subsidies - The company received government subsidies amounting to ¥122,975.81 during the reporting period, primarily related to unemployment insurance refunds and other government-related subsidies[6]. - Tax and surcharges decreased by 60% to ¥303,798.98 due to reduced oil sales and tax relief measures during the pandemic[17]. Corporate Governance - The company appointed new board members following resignations due to work commitments, ensuring continuity in governance[21]. - The company’s major shareholder underwent a change in equity structure, but this did not affect the company's operations[20]. - The chairman of the board is Zhang Guiquan[68]. Investments and Financial Management - The company signed a new management agreement for its 40% stake in ShenNan Gas, ensuring annual payments of ¥6.3 million from the operator[19]. - The total initial investment cost for various bonds held by the company was CNY 141,606,121.32, with a reported loss of CNY 5,064,365.06 during the reporting period[27]. - The company reported no derivative investments during the reporting period[32]. - The company did not engage in any entrusted financial management activities during the reporting period[31]. Compliance and Commitments - The company has committed to not engaging in any business that may compete with its operations, as per the non-competition commitment made by its controlling shareholder, effective since February 20, 1999[27]. - There were no instances of non-compliance with external guarantees during the reporting period[34]. - There were no non-operating fund occupations by the controlling shareholder or related parties during the reporting period[35]. - The company has not conducted any research, communication, or interview activities during the reporting period[33].