山河智能(002097) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,597,594,401.21, a decrease of 3.22% compared to ¥1,650,676,414.87 in the same period last year[6] - The net profit attributable to shareholders was ¥135,351,390.94, down 14.29% from ¥157,919,428.36 year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥93,509,884.85, a decline of 38.04% compared to ¥150,915,159.69 in the previous year[6] - The basic earnings per share were ¥0.1244, down 15.14% from ¥0.1466 in the same period last year[6] - The diluted earnings per share were also ¥0.1244, reflecting a 15.14% decrease compared to ¥0.1466 year-on-year[6] - The weighted average return on equity was 2.68%, down 0.63% from 3.31% in the previous year[6] - The total profit for the quarter was CNY 163,495,937.64, down from CNY 195,838,068.55, which is a decline of approximately 16.5%[44] - Total comprehensive income for the first quarter was CNY 57,456,967.22, compared to CNY 148,315,591.22 in the previous year, indicating a significant decline[54] Cash Flow - The net cash flow from operating activities was -¥522,295,438.15, an increase of 451.43% from -¥94,717,154.44 in the same period last year[6] - Cash flow from operating activities showed a net outflow of CNY 522,295,438.15, worsening from a net outflow of CNY 94,717,154.44 in the same period last year[52] - Cash flow from investing activities resulted in a net outflow of CNY 108,415,530.05, compared to a net outflow of CNY 25,411,712.42 in the previous year[56] - Cash flow from financing activities generated a net inflow of CNY 610,753,023.62, an increase from CNY 101,285,081.24 in the same quarter last year[56] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,723,892,735.49, reflecting a growth of 6.50% from ¥15,702,945,442.80 at the end of the previous year[6] - The total liabilities increased to CNY 11,488,508,930.05 from CNY 10,654,926,714.89 year-over-year, reflecting a growth of approximately 7.8%[33] - Total current assets amounted to CNY 9,374,220,531.41 as of the end of the first quarter of 2020[64] - Total non-current assets reached CNY 6,328,724,911.39, resulting in total assets of CNY 15,702,945,442.80[66] - Total current liabilities were CNY 8,206,616,148.06, while total liabilities amounted to CNY 10,654,926,714.89[66] Equity - The net assets attributable to shareholders increased by 3.72% to ¥5,160,439,315.34 from ¥4,975,214,561.95 at the end of the previous year[6] - The total equity attributable to shareholders increased to CNY 5,160,439,315.34 from CNY 4,975,214,561.95, a growth of about 3.7%[33] - The company's retained earnings grew to CNY 1,504,748,686.94 from CNY 1,369,397,296.00, an increase of about 9.9%[33] Operational Metrics - Revenue from sales of goods and services received was CNY 1,014,769,812.68, down from CNY 1,376,239,030.36 year-over-year, reflecting a decrease of approximately 26.4%[52] - The total operating costs amounted to CNY 1,441,520,757.39, slightly up from CNY 1,429,190,727.39, reflecting an increase of about 0.9%[44] - Research and development expenses increased to CNY 35,293,587.56, compared to CNY 32,638,519.87 in the previous year, reflecting a growth of approximately 8.1%[44] Other Financial Metrics - The company reported non-recurring gains of ¥41,841,506.09 during the reporting period[6] - Other income surged by 2177.68% to ¥48,054,112.14, mainly due to an increase in government subsidies received[15] - The company reported a credit impairment loss of CNY -41,213,515.91, worsening from CNY -29,275,706.62 in the previous year[44] - The company received tax refunds amounting to CNY 38,565,901.96, compared to CNY 16,512,118.58 in the previous year, showing an increase of approximately 133.3%[54] Inventory and Receivables - Inventory grew to ¥2,874,960,249.60, compared to ¥2,769,929,374.31, reflecting increased stock levels[30] - Accounts receivable increased, leading to a 40.78% rise in credit loss provisions, totaling -¥41,213,515.91[15] - Accounts receivable rose significantly to CNY 3,680,360,888.78 from CNY 2,967,433,671.31, marking an increase of about 24%[34]