CNNC TD(SZ:002145)2020-04-23 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥826,503,691.28, representing a 1.02% increase compared to ¥818,193,967.23 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2020 was ¥162,025,054.64, a significant increase of 50.12% from ¥107,927,724.66 in the previous year[3]. - The net profit after deducting non-recurring gains and losses was ¥143,212,143.01, up 34.05% from ¥106,837,712.28 year-on-year[3]. - Basic and diluted earnings per share increased by 42.86% to ¥0.10 from ¥0.07 in the previous year[3]. - Operating profit for the quarter was CNY 196,276,064.22, up from CNY 129,524,228.93, indicating a significant increase of approximately 51.5%[26]. - The total comprehensive income for the period was CNY 162,025,054.64, compared to CNY 107,927,724.66 in the prior year, indicating a growth of approximately 50.1%[27]. Cash Flow - The net cash flow from operating activities decreased by 44.42% to ¥76,590,971.78 from ¥137,806,303.02 in the same period last year[3]. - Cash received from operating activities increased by 724.92% to CNY 41,445,594.50, mainly from government subsidies[10]. - The cash flow from operating activities generated a net inflow of 76,590,971.78 CNY, down from 137,806,303.02 CNY in the previous year[32]. - The company incurred cash outflows of 526,194,239.14 CNY for operating activities, compared to 644,910,377.48 CNY in the same period last year[32]. - The cash flow from financing activities resulted in a net outflow of -31,111,703.24 CNY, contrasting with a net inflow of 278,581,825.85 CNY in the previous year[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,844,574,685.31, reflecting a 1.89% increase from ¥5,736,378,742.40 at the end of the previous year[3]. - The company's total liabilities decreased to CNY 2,403,159,857.83 from CNY 2,456,988,969.56, indicating a reduction of about 2.18%[20]. - The total current liabilities decreased to CNY 1,934,513,441.97 from CNY 1,969,743,804.57, reflecting a decline of about 1.79%[20]. - The company's total non-current assets amounted to CNY 3,766,836,269.09, down from CNY 3,829,398,289.02, indicating a decrease of approximately 1.64%[19]. - Total liabilities amounted to CNY 129,965,050.44, slightly up from CNY 129,808,597.90[24]. Shareholder Information - Net assets attributable to shareholders increased by 4.94% to ¥3,441,414,827.48 from ¥3,279,389,772.84 at the end of the previous year[3]. - The total number of ordinary shareholders at the end of the reporting period was 79,621[6]. - The company repurchased 118,144,156 shares, accounting for 7.425% of total share capital, with a total expenditure of CNY 500,540,188.92[11]. - The company plans to use repurchased shares for converting bonds or for cancellation if not fully converted[11]. Government Subsidies - The company received government subsidies amounting to ¥19,708,415.61 during the reporting period[4]. - Other income surged by 5219.29% to CNY 19,247,919.61 primarily from government subsidies received[10]. Expenses - Financial expenses decreased by 43.81% to CNY 9,898,805.95 due to improved fund management and increased exchange gains[10]. - Tax expenses rose by 63.09% to CNY 37,244,347.91 due to increased profitability during the reporting period[10]. Investments - Cash paid for fixed assets decreased by 91.64% to CNY 9,918,340.57 due to reduced project investments[10]. - The company’s long-term equity investments were valued at CNY 3,094,271,367.89, reflecting a significant asset allocation[38]. Financial Reporting - The first quarter report was not audited, indicating preliminary financial data[39]. - The company has implemented new revenue and leasing standards starting from 2020, affecting the financial statements[36].