新兴铸管(000778) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥8,191,722,965.31, a decrease of 22.51% compared to ¥10,570,906,432.84 in the same period last year[10] - Net profit attributable to shareholders was ¥359,263,776.89, an increase of 12.63% from ¥318,965,175.75 year-on-year[10] - The company reported a decrease in short-term borrowings to CNY 7,640,155,036.89 from CNY 7,407,024,191.15, a reduction of 3.14%[49] - Net profit for the current period is CNY 364,559,441.84, compared to CNY 407,776,038.00 in the previous period, reflecting a decrease of approximately 10.6%[69] - The total comprehensive income for Q1 2020 was approximately ¥292.31 million, down 71.7% from ¥1.03 billion in Q1 2019[76] Cash Flow - The net cash flow from operating activities turned negative, reporting at -¥539,396,824.68 compared to a positive ¥129,514,405.63 in the previous year[10] - Cash flow from operating activities showed a net outflow of approximately ¥539.40 million, compared to a net inflow of ¥129.51 million in the same period last year[80] - Cash inflow from operating activities totaled ¥5,189,365,019.10, down 23.2% from ¥6,753,635,267.84 in the prior period[84] - The net cash flow from investing activities was -¥67,607,345.30, improving from -¥612,042,268.68 in the previous period[87] Assets and Liabilities - Total assets at the end of the reporting period were ¥50,451,513,058.16, reflecting a 1.79% increase from ¥49,564,033,693.87 at the end of the previous year[10] - Total liabilities increased to CNY 27,694,901,523.19, up from CNY 27,209,962,905.63, indicating a rise of 1.79%[50] - The company's equity attributable to shareholders rose to CNY 21,570,059,577.70, compared to CNY 21,173,989,081.63, marking an increase of 1.87%[52] - Current liabilities increased by 307.24% due to the issuance of ultra-short-term financing bonds[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 163,488[14] - The largest shareholder, Xinxing Jihua Group Co., Ltd., held 39.96% of the shares, totaling 1,594,808,303 shares[15] - The company repurchased 38,884,600 shares, accounting for 0.97% of the total share capital, with a total expenditure of 162.33 million yuan[29] Government Support and Subsidies - The company received government subsidies amounting to ¥31,619,253.48 during the reporting period[10] Research and Development - Research and development expenses for the current period are CNY 64,270,639.50, compared to CNY 51,999,045.51 in the previous period, indicating an increase of approximately 23.5%[65] - The company incurred research and development expenses of approximately ¥9.25 million, an increase of 172.5% from ¥3.39 million in the previous year[73] Financial Expenses - The company’s financial expenses included interest expenses of approximately ¥107.02 million, up from ¥97.53 million in Q1 2019[73] Other Financial Metrics - Basic earnings per share increased by 12.64% to ¥0.0900 from ¥0.0799 in the same period last year[10] - The company completed interest payments on green bonds totaling 1 billion yuan during the reporting period[26] - The company has no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[40]