安纳达(002136) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥256,586,688.06, a decrease of 7.79% compared to the same period last year[7]. - Net profit attributable to shareholders increased by 206.84% to ¥23,764,412.70, compared to ¥7,744,825.56 in the previous year[7]. - The net profit after deducting non-recurring gains and losses was ¥19,482,260.99, up 183.58% from ¥6,870,065.51 year-on-year[7]. - The basic earnings per share rose by 206.94% to ¥0.1105, compared to ¥0.0360 in the same period last year[7]. - Operating profit grew by 208.50% year-on-year, driven by a decrease in titanium dioxide sales prices and raw material costs[15]. - Total profit rose by 208.45% compared to the previous year, primarily due to the increase in operating profit[15]. - Income tax expenses increased by 208.45% year-on-year, reflecting the rise in total profit[15]. - Net profit for Q1 2020 was CNY 24,430,088.03, compared to CNY 7,920,283.47 in the same period last year, representing a significant increase[42]. - The net profit for the current period is CNY 25,151,170.28, compared to CNY 7,335,423.78 in the previous period, representing a significant increase[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥958,714,586.82, an increase of 5.96% from the end of the previous year[7]. - The net asset attributable to shareholders was ¥716,561,285.55, reflecting a growth of 1.89% compared to the previous year[7]. - The total assets as of March 31, 2020, amounted to CNY 878,063,673.95, up from CNY 835,385,864.89 at the end of 2019[38]. - The company's total liabilities were CNY 222,552,825.77, compared to CNY 181,339,518.01 at the end of 2019, reflecting an increase of about 22.73%[34]. - Total liabilities rose to CNY 177,836,831.22 from CNY 149,830,055.53, reflecting an increase in financial obligations[38]. - Total liabilities stood at CNY 181,339,518.01, with total assets at CNY 904,811,327.94[58]. Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of ¥30,011,742.78, compared to a net outflow of ¥1,010,625.37 in the previous year, marking a decrease of 2,869.62%[7]. - Net cash flow from operating activities decreased by 2,869.62%, influenced by a 13.38% increase in cash received from sales and a 64.62% rise in cash paid for goods and services[15]. - The cash flow from operating activities shows a net outflow of CNY 30,011,742.78, compared to a net outflow of CNY 1,010,625.37 in the previous period[50]. - Net cash flow from operating activities was negative CNY 28,716,108.45, compared to a positive CNY 2,472,122.67 in the previous period[53]. - Net cash flow from investing activities declined by 24.69%, due to a 63.91% increase in cash received from investment activities and a 30.01% rise in cash paid for fixed asset purchases[15][16]. - Investment cash inflow amounted to CNY 3,071,872.48, significantly up from CNY 78,769.17 in the previous period[54]. - Net cash flow from investment activities was CNY 2,777,203.96, recovering from a negative CNY 490,640.32 in the previous period[54]. - The company reported a decrease in cash flow from financing activities, with a net cash flow of negative CNY 489,375.00[54]. Inventory and Receivables - The company reported a 36.22% decrease in the balance of notes receivable compared to the beginning of the year, primarily due to a reduction in bank acceptance bills received from sales[14]. - Accounts receivable increased by 190.57% compared to the beginning of the year, attributed to an increase in customer credit[14]. - Inventory at the end of the reporting period grew by 30.78%, mainly due to an increase in finished goods and raw material stock[14]. - The inventory level rose to CNY 128,726,238.42 from CNY 98,431,461.31, representing a significant increase of approximately 30.73%[32]. - Inventory levels increased to CNY 116,486,347.74 from CNY 85,584,543.34, suggesting a buildup of stock[37]. - Accounts receivable surged to CNY 132,682,461.11 from CNY 45,662,077.11, which is an increase of approximately 190%[32]. Other Income and Expenses - Other income increased by 384.24% compared to the same period last year, mainly due to an increase in government subsidies[15]. - The company reported other income of CNY 5,012,500.00 for the current period, compared to CNY 1,000,000.00 in the previous period[45]. - Research and development expenses for Q1 2020 were CNY 10,214,662.22, slightly up from CNY 9,935,998.36 in the previous year[41]. - Research and development expenses for the current period are CNY 9,335,676.14, slightly down from CNY 9,447,072.98 in the previous period[45]. - The company reported a financial income of CNY 139,931.17, down from CNY 203,534.56, indicating a decline in interest income[41]. Compliance and Governance - The company has committed to reducing related party transactions in accordance with national laws and regulations, ensuring the protection of shareholder interests[21]. - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[27]. - The company reported no securities investments, entrusted financial management, or derivative investments during the reporting period[23][24][25]. - The first quarter report was not audited, indicating preliminary financial data[62]. - The company implemented new revenue and leasing standards starting January 1, 2020, affecting financial reporting[55]. - The company implemented the new revenue recognition standard starting January 1, 2020, reclassifying pre-received sales into contract liabilities[61].