金圆股份(000546) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥798,079,636.33, a decrease of 32.14% compared to ¥1,176,030,120.47 in the same period last year[10] - The net profit attributable to shareholders of the listed company was -¥23,053,195.33, representing a decline of 378.18% from ¥8,287,046.99 in the previous year[10] - The basic earnings per share were -¥0.0323, a decrease of 378.45% compared to ¥0.0116 in the previous year[10] - The net profit for the current period was ¥-43,934,538.95, compared to a net profit of ¥24,606,061.39 in the previous period[66] - The operating profit for the current period was ¥-50,651,076.77, down from ¥24,146,629.81 in the previous period[66] - The total comprehensive income for the current period was ¥-43,585,052.87, compared to ¥24,617,432.23 in the previous period[69] - Basic and diluted earnings per share were both -0.0323, compared to 0.0116 in the previous period[76] Cash Flow - The net cash flow from operating activities was -¥27,750,665.63, down 114.42% from ¥192,455,274.42 in the same period last year[10] - Cash inflow from operating activities was 1,146,080,861.89, down from 1,590,961,609.45 in the previous period, representing a decrease of approximately 28%[77] - Cash outflow from operating activities totaled 1,173,831,527.52, compared to 1,398,506,335.03 in the previous period, indicating a decrease of about 16%[80] - Net cash flow from operating activities was -100,314,945.87, a decline from 76,056,945.41 in the previous period[84] - Net cash flow from investing activities was -58,797,675.86, an improvement from -158,361,762.03 in the previous period[80] - Net cash flow from financing activities increased by 123.87% to ¥60,475,247.95 from -¥253,385,500.01, primarily due to an increase in financing from financial institutions compared to the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,074,239,277.74, a decrease of 0.84% from ¥9,150,860,605.20 at the end of the previous year[10] - The company's current assets totaled ¥3,642,959,480.43, down from ¥3,702,913,508.01 in the previous month, indicating a decline of approximately 1.6%[42] - The company's total liabilities were reported at ¥3,970,959,477.43, compared to ¥4,000,000,000.00 in the previous month, indicating a decrease of approximately 0.7%[45] - Total liabilities amount to CNY 4,236,298,920.98, slightly down from CNY 4,250,034,044.39, a decrease of approximately 0.32%[48] - Current liabilities total CNY 3,447,487,249.19, down from CNY 3,570,147,564.24, reflecting a decrease of approximately 3.44%[48] - Non-current liabilities increased to CNY 788,811,671.79 from CNY 679,886,480.15, representing an increase of about 16.02%[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,736[12] - The largest shareholder, Jinyuan Holdings Group Co., Ltd., held 32.45% of the shares, amounting to 231,907,628 shares[12] - The net assets attributable to shareholders of the listed company were ¥4,134,146,548.25, down 0.55% from ¥4,156,898,254.51 at the end of the previous year[10] - Total equity attributable to shareholders of the parent company is CNY 4,134,146,548.25, down from CNY 4,156,898,254.51, a decrease of about 0.55%[51] Government Support and Other Income - The company received government subsidies amounting to ¥9,447,504.35 during the reporting period[10] - The company reported non-operating income and expenses of -¥1,989,196.23, primarily due to donations made[10] - Other income decreased by 32.14% to ¥798,079,636.33 from ¥1,176,030,120.47, mainly due to a reduction in the amount of VAT refunds received[21] - The total revenue from other income was ¥6,259,928.50, down from ¥9,765,923.20 in the previous period[63] Investment and R&D - Investment income increased by 110.41% to ¥15,060,068.44 from ¥7,157,586.23, attributed to the profit from futures hedging activities[21] - The research and development expenses were ¥9,372,557.82, a slight decrease from ¥10,571,386.49[63] Compliance and Risk Management - The company has maintained compliance with national laws and regulations regarding futures hedging operations, ensuring legal and compliant processes[36] - The company has implemented strict risk control measures in its futures hedging business to mitigate price volatility risks[36] Miscellaneous - The company’s subsidiary Sichuan Tianyuanda Environmental Technology Co., Ltd. obtained a hazardous waste operation license with an approved disposal capacity of 99,900 tons per year[24] - The company’s joint venture Chongqing Yaohui Environmental Co., Ltd. received environmental assessment approval for a resource utilization project with a disposal capacity of 100,000 tons per year[24] - The company has implemented the new revenue recognition standards starting in 2020, which does not affect the initial financial statements[96] - The first quarter report for 2020 was not audited, indicating preliminary figures[99]