本钢板材(000761) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥11,728,574,704.88, a decrease of 0.28% compared to ¥11,761,190,575.63 in the same period last year[10] - Net profit attributable to shareholders was ¥177,998,575.36, down 34.46% from ¥271,606,318.07 year-on-year[10] - Basic earnings per share decreased by 28.57% to ¥0.05 from ¥0.07 in the same period last year[10] - The total profit for the current period was ¥180,386,308.35, a decrease of 37.8% from ¥289,565,423.09 in the previous period[60] - The company's operating profit was ¥186,360,238.20, down from ¥293,704,845.02 in the previous period[60] - The company reported a decrease in financial expenses, with interest expenses at ¥231,068,313.59 compared to ¥278,494,138.86 in the previous period[61] - The total comprehensive income for the current period was ¥159,710,649.34, down from ¥260,189,831.69 in the previous period[67] Cash Flow - The net cash flow from operating activities was ¥684,846,620.22, a significant decline of 75.12% compared to ¥2,752,557,195.47 in the previous year[10] - Cash inflow from operating activities totaled ¥7,927,916,775.92, compared to ¥7,601,853,603.78 in the previous period, indicating improved cash generation[68] - The cash flow from operating activities for the current period is 732,602,343.36, compared to 2,721,001,267.38 in the previous period, indicating a significant decrease[75] - The total cash outflow from operating activities is 7,108,032,246.07, up from 4,505,366,149.61 in the previous period, reflecting an increase of approximately 57.5%[75] - The cash inflow from financing activities is 1,957,194,000.00, down from 3,522,429,000.00 in the previous period, indicating a decrease of about 44.5%[78] - The net cash increase for the period is -421,364,436.28, contrasting with a net increase of 2,127,945,441.25 in the previous period, highlighting a significant decline in cash flow[78] Assets and Liabilities - Total assets at the end of the reporting period were ¥62,419,899,870.81, an increase of 2.78% from ¥60,731,425,193.90 at the end of the previous year[10] - Total liabilities reached CNY 40,355,999,074.00, compared to CNY 39,074,769,133.90, indicating an increase of approximately 3.28%[51] - The company's total equity rose to CNY 18,667,721,687.83 from CNY 18,501,839,977.04, reflecting an increase of about 0.89%[51] - Current assets totaled CNY 30,558,240,129.89, with cash and cash equivalents at CNY 18,415,844,397.77[82] - Total liabilities were CNY 40,718,598,352.50, with current liabilities at CNY 35,143,027,626.33[85] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,784[13] - The largest shareholder, Benxi Steel Group, held 61.93% of the shares, totaling 2,399,831,394 shares[13] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[16] Expenses - Total operating costs amounted to CNY 11,541,446,733.82, an increase from CNY 11,490,405,098.16, indicating a rise of about 0.45%[54] - Employee compensation payable increased by 51% due to the accumulation of unpaid bonuses[21] - Tax payable decreased by 91% as a result of reduced uncollected value-added tax at the end of the period[21] - Non-current liabilities due within one year surged by 467% due to the conversion of long-term loans into short-term loans[21] - Research and development expenses rose by 201% due to increased investment in R&D[21] - Financial expenses increased by 215% attributed to higher foreign exchange losses[21] - Cash paid for purchasing goods and services increased by 65%[21] Inventory - Inventory increased to approximately ¥9.44 billion from ¥7.70 billion, reflecting a significant rise[35] - Inventory increased to CNY 7,289,530,576.82 from CNY 6,114,582,832.33, marking a significant rise of about 19.2%[45] Other Information - The company reported a non-operating income of ¥9,341,746.69 during the reporting period[10] - The company has not yet audited the first quarter report for 2020[92] - The company is implementing new revenue and lease standards starting in 2020, with retrospective adjustments to prior period comparative data[92]