盾安环境(002011) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,202,838,506.30, a decrease of 46.89% compared to ¥2,264,627,418.45 in the same period last year[8] - The net profit attributable to shareholders of the listed company was -¥15,925,130.63, representing a decline of 130.04% from ¥53,009,342.83 year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥31,639,919.96, a significant drop of 7,476.33% compared to ¥428,938.65 in the previous year[8] - The net profit for the first quarter was -¥26,079,161.33, representing a decline of 169.30% from ¥37,631,232.02 in the previous year[25] - The company's total profit for the quarter was -¥16,198,658.65, a decrease of 129.29% from ¥55,299,485.63 in the same period last year[25] - The company reported a total profit of -¥53,225,074.79 for the current period, compared to -¥42,350,505.10 in the previous period[74] Cash Flow - The net cash flow from operating activities was -¥6,009,726.46, down 132.45% from ¥18,522,339.89 in the same period last year[8] - The company's cash flow from operating activities showed a net outflow of -¥6,009,726.46, a decrease of 132.45% compared to ¥18,522,339.89 in the same period last year[25] - The cash flow from investing activities showed a net outflow of -¥53,251,578.38, a decline of 139.16% compared to ¥135,989,014.61 in the previous year, primarily due to the absence of land compensation received in the previous year[28] - The net cash flow from operating activities was -6,009,726.46 CNY, compared to 18,522,339.89 CNY in the previous period, indicating a decline in operational cash generation[81] - The total cash outflow from operating activities amounted to 966,054,535.18 CNY, down from 1,171,693,889.18 CNY year-over-year[81] - The net cash flow from investing activities was -53,251,578.38 CNY, a significant decrease from 135,989,014.61 CNY in the previous period[83] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,171,729,760.91, a decrease of 6.05% from ¥8,698,330,754.03 at the end of the previous year[8] - The company's total assets amounted to CNY 8,171,729,760.91, a decrease from CNY 8,698,330,754.03 as of December 31, 2019, representing a decline of approximately 6%[45][54] - The company's current assets totaled CNY 5,418,110,098.91, down from CNY 5,932,875,958.41 at the end of 2019, indicating a decrease of about 9%[45] - Total liabilities decreased to CNY 5,995,487,823.98 from CNY 6,488,771,353.92, a decline of about 8%[51] - The company's total equity decreased to CNY 2,176,241,936.93 from CNY 2,209,559,400.11, indicating a decline of about 1.5%[54] Earnings Per Share - Basic earnings per share were -¥0.02, a decline of 133.33% compared to ¥0.06 in the same period last year[8] - Diluted earnings per share were also -¥0.02, reflecting the same percentage decrease of 133.33% from ¥0.06 year-on-year[8] - The basic and diluted earnings per share for the current period are both -¥0.02, compared to ¥0.06 in the previous period[70] Expenses - The company reported a decrease in sales expenses by 31.54% to ¥74,105,567.59, reflecting the overall decline in operating revenue[25] - The company’s financial expenses decreased by 48.03% to ¥33,048,163.79, attributed to reduced debt and increased exchange gains[25] - Research and development expenses for Q1 2020 were CNY 53,567,314.47, down from CNY 66,469,787.97, indicating a decrease of 19.4%[64] - The company incurred financial expenses of ¥38,434,387.31, an increase from ¥25,433,824.46 in the previous period[71] Other Income - Investment income increased significantly by 1248.35% to ¥15,358,205.02, compared to a loss of -¥1,337,420.62 in the previous year, mainly due to equity accounting gains from holding Tianjin Energy[25] - The company’s other income increased to ¥2,741,500.00 from ¥250,000.00 in the previous period, reflecting improved performance in this area[71]