石化机械(000852) - 2020 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2020 was ¥1,266,737,054.58, a decrease of 4.72% compared to the same period last year[8] - Net profit attributable to shareholders was -¥14,226,149.16, representing a decline of 236.49% year-on-year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was -¥14,269,121.47, a decrease of 864.40% compared to the previous year[8] - Basic and diluted earnings per share were both -¥0.0183, down 236.57% from ¥0.0134 in the previous year[8] - The company reported a net profit margin improvement, with net income reflecting a decrease in tax and sales expenses[59] - The company reported a net profit for the current period was -3,133,303.52, compared to a net profit of 14,588,827.61 in the previous period, indicating a significant decline[65] - Operating revenue for the current period was 488,647,685.30, down from 724,145,860.65 in the previous period, representing a decrease of approximately 32.5%[67] - Total comprehensive income for the current period was -6,176,278.18, compared to 23,304,878.35 in the previous period[73] Cash Flow - Net cash flow from operating activities improved to ¥122,693,623.78, a significant increase of 122.48% from -¥545,900,417.70 in the same period last year[8] - The cash flow from operating activities was 824,973,963.32, compared to 1,321,853,129.82 in the previous period, indicating a decrease of about 37.5%[73] - Total cash inflow from operating activities was 840,284,141.95, compared to 1,333,767,019.16 in the prior period[76] - Cash outflow from operating activities totaled 717,590,518.17, down from 1,879,667,436.86 in the previous period[76] - The net cash flow from investing activities was -2,736,206.60, an improvement from -5,532,550.40 in the prior period[79] - Cash inflow from financing activities was 858,000,000.00, compared to 1,925,000,000.00 in the previous period[79] - The net cash flow from financing activities was 167,505,745.42, down from 697,045,140.02 in the prior period[79] - The company reported a cash increase of 287,312,695.49 during the period, compared to 144,640,140.74 in the prior period[79] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,122,526,255.67, an increase of 3.03% from the end of the previous year[8] - The company's total assets reached CNY 6,251,382,405.80, an increase from CNY 6,009,830,236.87 year-over-year[55] - Current assets totaled CNY 4,111,086,827.68, up from CNY 3,852,491,913.63, showing improved liquidity[49] - The total liabilities were CNY 4,596,331,131.90, compared to CNY 4,350,286,907.69, indicating a rise in financial obligations[55] - Total liabilities were ¥6,904,132,035.39, indicating a significant leverage position[91] - Owner's equity totaled ¥1,949,824,033.70, with a capital reserve of ¥808,648,664.11[91] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,590[13] - The largest shareholder, China Petroleum & Chemical Corporation, held 58.74% of the shares[14] Research and Development - R&D expenses surged by 145.10% to ¥92,717,020.00, reflecting increased investment in research and development[26] - Research and development expenses increased significantly to CNY 92,717,020.00, up from CNY 37,828,701.36, indicating a focus on innovation[59] - Research and development expenses were 9,812,824.47, down from 24,004,403.83, showing a decrease of approximately 59.0%[67] Inventory and Receivables - Accounts receivable rose by 19.29% to ¥1,982,245,366.22, primarily impacted by delayed payments due to COVID-19[26] - Inventory decreased to CNY 1,143,412,383.63 from CNY 1,365,460,232.40, indicating better inventory management[49] - Prepayments increased by 55.58% to ¥495,445,498.07 due to advance payments for steel and parts not yet settled[26] Government Subsidies and Other Income - The company received government subsidies amounting to ¥619,584.07 during the reporting period[9] - Other income decreased by 94.79% to ¥619,584.07, attributed to a reduction in government subsidies[26] Audit and Compliance - The company has not undergone an audit for the first quarter report[99]