豫能控股(001896) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,570,137,140, a decrease of 17.18% compared to ¥1,895,796,112.45 in the same period last year[9]. - Net profit attributable to shareholders was ¥34,038,591.14, down 23.92% from ¥44,743,244.28 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥28,092,802.57, representing an 8.86% decrease from ¥30,825,369.34 in the previous year[9]. - Basic and diluted earnings per share were both ¥0.0296, down 23.91% from ¥0.0389 in the previous year[9]. - The company reported a net loss of ¥503,006,285.19, an improvement from a loss of ¥537,044,876.33 in the previous period[56]. - The total operating profit for the current period is 46,278,776.96, compared to 46,132,453.72 in the previous period, showing a slight increase[71]. - The total profit for the current period is 47,236,208.08, up from 41,826,285.92 in the previous period, indicating a growth of approximately 13.5%[71]. - The company reported a net loss from investments of CNY -9,239,291.08, a significant decline compared to a profit of CNY 19,150,788.21 in the previous year[68]. Cash Flow - The net cash flow from operating activities was ¥485,268,007.09, a slight decrease of 1.36% compared to ¥491,977,227.55 in the same period last year[9]. - Cash inflow from operating activities totals 2,021,171,044.82, a decrease from 2,204,319,368.28 in the previous period, indicating a decline of about 8.3%[83]. - The cash inflow from financing activities totaled 2,620,000,000.00, significantly increasing from 1,224,281,689.85 in the prior period[89]. - The company reported a cash flow from financing activities net amount of 760,911,584.52, a substantial increase from 92,387,352.79 in the previous period[89]. - Cash outflow from investing activities was 1,205,655,000.00, compared to 706,726,964.59 in the previous period, resulting in a net cash flow from investing activities of -101,613,600.00[93]. Assets and Liabilities - Total assets at the end of the reporting period were ¥20,648,186,161.61, an increase of 3.35% from ¥19,979,596,283.29 at the end of the previous year[9]. - Total liabilities increased to ¥14,102,744,828.51 from ¥13,465,884,548.89, marking an increase of 4.7%[56]. - Long-term borrowings increased to ¥6,491,218,234.56 from ¥5,937,400,780.67, which is an increase of 9.3%[54]. - Total current assets amounted to ¥3,423,998,056.77 as of December 31, 2019, remaining unchanged as of January 1, 2020[97]. - Total non-current assets were ¥16,555,598,226.52 as of December 31, 2019, also unchanged as of January 1, 2020[100]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,505, with the largest shareholder, Henan Investment Group Co., Ltd., holding 64.20% of the shares[13]. - Net assets attributable to shareholders were ¥5,838,987,121.93, a slight increase of 0.59% from ¥5,804,948,530.79 at the end of the previous year[9]. - The minority shareholders' profit decreased by 82.80% to -¥2,308,992.44, reflecting increased profitability of the subsidiary[25]. Government and Non-Operating Income - The company recognized government subsidies amounting to ¥978,916.58 during the reporting period[9]. - The company reported a non-operating income of ¥957,431.12, primarily from guarantee deposits and insurance compensation received by subsidiaries[9]. - The company reported a 91.29% increase in non-operating income to ¥1,061,731.46, mainly from insurance compensation received[25]. Inventory and Receivables - Accounts receivable financing decreased by 33.51% to ¥336,643,186.67 primarily due to a reduction in receivables from subsidiaries[25]. - Accounts receivable decreased to ¥999,503,271.92 from ¥1,227,374,663.44, reflecting a decline of 18.6%[48]. - Inventory increased to ¥596,799,847.76 from ¥504,609,103.70, showing a rise of 18.3%[48]. Tax and Expenses - The income tax expense increased by 47.59% to ¥15,506,609.38 due to increased profitability of the electronic company[25]. - The financial expenses for the current period are -7,818,162.60, compared to -3,818,461.10 in the previous period, indicating an increase in financial costs[76]. Other Information - The company plans to deregister six wholly-owned subsidiaries that have no actual capital or employees[34]. - There were no securities investments or entrusted financial management activities during the reporting period[39][40]. - The first quarter report for 2020 was not audited[105]. - The company has not applied the new revenue and lease standards for retrospective adjustments of prior comparative data[104].