上峰水泥(000672) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,051,781,621.53, a decrease of 7.73% compared to ¥1,139,855,181.67 in the same period last year[8] - Net profit attributable to shareholders was ¥336,207,434.95, down 6.33% from ¥358,940,543.50 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥290,554,168.23, a decrease of 4.75% compared to ¥305,037,276.53 in the previous year[8] - Basic earnings per share were ¥0.42, down 6.67% from ¥0.45 in the same period last year[8] - The company reported a significant decrease in sales revenue from 1,731,834,739.39 to 1,291,527,607.81, representing a decline of about 25.5%[81] - The total profit for the period was -3,454,887.85, compared to a profit of 76,682,190.59 in the previous period, indicating a substantial loss[80] Cash Flow - The net cash flow from operating activities was ¥521,575,037.19, down 21.86% from ¥667,504,241.93 in the same period last year[8] - Cash flow from operating activities generated a net amount of 521,575,037.19, down from 667,504,241.93 in the previous period, indicating a decrease of approximately 21.8%[81] - Cash inflow from investment activities was 68,282,704.78, significantly lower than 326,002,409.35 in the previous period, reflecting a decrease of about 79.0%[84] - The cash flow from financing activities resulted in a net outflow of -74,578,737.21, contrasting with a net inflow of 202,862,174.75 in the previous period[84] - The company experienced a cash outflow of 944,109,605.35 from investment activities, compared to 1,057,156,748.49 in the previous period, reflecting a decrease of about 10.7%[84] - The cash flow from operating activities showed a decrease in cash outflows, which were 800,607,788.23 compared to 1,094,239,273.52 in the previous period, indicating a reduction of approximately 26.8%[81] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,762,279,800.37, a decrease of 1.39% from ¥9,899,462,608.91 at the end of the previous year[8] - The company's total assets at the end of the period were 9.762 billion yuan, down from 9.899 billion yuan at the beginning of the period, resulting in a decrease in the asset-liability ratio from 41.62% to 37.22%[20] - The total liabilities decreased to CNY 3,633,341,023.23 from CNY 4,119,757,680.13, indicating a reduction of about 11.8%[63] - The company's total equity increased to CNY 6,128,938,777.14 from CNY 5,779,704,928.78, showing an increase of approximately 6%[63] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 45,875[11] - The largest shareholder, Zhejiang Shangfeng Holding Group Co., Ltd., held 32.27% of the shares, amounting to 262,566,915 shares[11] Government Support - The company received government subsidies amounting to ¥19,072,027.27 during the reporting period[8] Other Financial Metrics - The company reported a significant decrease in financial expenses by 70.07% to 9.37 million yuan, influenced by increased interest income from existing funds[38] - The company experienced a 40.93% decrease in taxes and surcharges to 10.47 million yuan, due to a rise in input VAT from raw material purchases[35] - Other income increased by 114.37% to 36.73 million yuan, driven by higher amounts received from resource recycling tax rebates and local government investment incentives[38] - The company's gross profit margin for Q1 2020 was approximately 36%, compared to 35.5% in Q1 2019[73]