CPEP(SZ:000544)2020-04-29 16:00Financial Performance - The company's operating revenue for Q1 2020 was CNY 415,112,158.98, representing a 32.80% increase compared to CNY 312,590,676.44 in the same period last year[10] - Net profit attributable to shareholders was CNY 123,369,284.20, a significant increase of 99.76% from CNY 61,758,888.09 year-on-year[10] - The net profit after deducting non-recurring gains and losses was CNY 122,467,427.47, up 101.45% from CNY 60,794,236.41 in the previous year[10] - The basic earnings per share increased to CNY 0.13, reflecting a growth of 116.67% compared to CNY 0.06 in the same quarter last year[10] - Profit before tax increased by 91.66% to CNY 141,438,861.25 from CNY 73,798,134.15 year-on-year[24] - The total comprehensive income for the period was CNY 87,696,905.45, down from CNY 113,187,048.68, reflecting a decrease of approximately 22.5%[50] - The total comprehensive income for the current period is 98,625,701.59, down from 105,424,972.37 in the previous period, reflecting a decrease of about 6.8%[68] Assets and Liabilities - The total assets at the end of the reporting period reached CNY 12,980,166,280.76, marking a 19.26% increase from CNY 10,883,604,606.79 at the end of the previous year[10] - Total liabilities increased to CNY 4,068,936,483.38 from CNY 3,172,197,650.44, reflecting a significant rise in financial obligations[24] - Total liabilities increased to CNY 6,411,475,015.90 from CNY 4,448,018,378.52, representing a rise of about 44.0%[50] - The company's total equity reached CNY 6,568,691,264.86, compared to CNY 6,435,586,228.27, showing a growth of approximately 2.1%[50] - Non-current liabilities totaled CNY 3,351,910,623.79, up from CNY 2,807,409,269.11, indicating an increase of about 19.4%[50] Cash Flow - The net cash flow from operating activities was negative at CNY -135,928,244.65, a decline of 160.05% compared to CNY 226,350,338.24 in the same period last year[10] - Cash inflow from operating activities decreased by 63.72% to CNY 193,905,104.35, down from CNY 534,419,504.93 in the previous year[24] - Cash flow from operating activities generated a net outflow of CNY -135,928,244.65, a significant decrease from CNY 226,350,338.24 in the prior period[76] - Cash flow from investing activities resulted in a net outflow of CNY -1,056,633,449.68, compared to CNY -472,281,639.87 in the previous year[79] - Cash flow from financing activities generated a net inflow of CNY 1,874,363,561.18, a turnaround from a net outflow of CNY -101,871,490.15 in the prior period[82] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,259[14] - The company's undistributed profits increased to CNY 983,193,866.71 from CNY 859,824,582.51, reflecting a growth of approximately 14.3%[50] Operational Metrics - The weighted average return on equity was 2.04%, an increase of 1.03% from 1.01% in the previous year[10] - Research and development expenses for the current period are 7,156,697.51, compared to 6,646,656.97 in the previous period, showing an increase of about 7.6%[65] - The financial expenses for the current period amount to 20,693,880.50, which is an increase from 16,981,479.23 in the previous period, representing a rise of approximately 22.5%[65] - The total operating costs for the current period are 276,671,071.34, up from 238,006,848.77 in the previous period, indicating an increase of about 16.2%[65] Government Support - The company received government subsidies amounting to CNY 2,214,603.35 during the reporting period[10] Future Considerations - The company is implementing new revenue and lease standards effective January 1, 2020, which may impact future financial reporting[100] - The company continues to focus on maintaining liquidity and managing working capital effectively[90]