和而泰(002402) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥736,226,980.97, a decrease of 4.21% compared to ¥768,589,391.38 in the same period last year[8]. - Net profit attributable to shareholders was ¥61,837,119.92, representing an increase of 2.69% from ¥60,219,987.39 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥51,959,041.37, down 9.02% from ¥57,108,745.47 in the previous year[8]. - The basic earnings per share for the period was ¥0.0702, a decrease of 1.96% from ¥0.0716 in the same period last year[8]. - The weighted average return on net assets was 2.70%, down 1.00% from 3.70% in the previous year[8]. - The company reported a net profit of CNY 703,390,293.58 for the period, up from CNY 642,788,055.44, indicating an increase of about 9.5%[57]. - The total profit for the current period is 75,784,134.74 CNY, up from 71,723,117.99 CNY, indicating growth in profitability[65]. - The net profit for the current period is 60,602,238.14, compared to 47,005,452.95 in the previous period, indicating a year-over-year increase of about 29.0%[72]. Cash Flow - The net cash flow from operating activities decreased by 21.19% to ¥155,668,350.95 from ¥197,534,114.32 in the same period last year[8]. - Cash flow from operating activities decreased by 21.19% to ¥155,668,350.95, mainly due to increased payments to suppliers[23]. - The cash inflow from operating activities is 1,014,227,506.51, up from 938,637,152.97 in the previous period, reflecting an increase of approximately 8.1%[76]. - The cash outflow from operating activities totals 858,559,155.56, compared to 741,103,038.65 in the previous period, which is an increase of about 15.8%[79]. - The net cash flow from investment activities is -259,882,885.69, worsening from -138,783,912.22 in the previous period[79]. - The net cash flow from financing activities improved to 6,140,230.50 CNY, compared to -15,805,918.71 CNY last year[86]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,573,526,641.25, a slight decrease of 0.68% from ¥4,542,636,590.70 at the end of the previous year[8]. - Total liabilities decreased to CNY 1,977,526,252.68 from CNY 2,365,127,256.06, representing a reduction of about 16.4%[50]. - Total equity increased to CNY 2,596,000,388.57 from CNY 2,177,509,334.64, reflecting an increase of approximately 19.0%[50]. - The company's cash and cash equivalents decreased from ¥689.75 million to ¥579.14 million, a decline of approximately 15.9%[41]. - The total assets of the company rose from ¥4.54 billion to ¥4.57 billion, reflecting a growth of approximately 0.7%[44]. - The total liabilities amounted to 2,365,127,256.06 CNY, indicating a stable financial position[93]. - The total equity attributable to shareholders was 2,085,067,352.16 CNY, reflecting the company's strong capital base[93]. Investments and Income - The company received government subsidies amounting to ¥8,985,101.56 during the reporting period[11]. - Other income rose by 137.20% to ¥8,985,101.56 primarily due to an increase in government subsidies received[20]. - Investment income increased by 253.53% to ¥1,895,376.82, attributed to higher returns from purchased financial products[20]. - The company completed the issuance of convertible bonds totaling ¥547 million, which were listed on the Shenzhen Stock Exchange[24]. - The company has established an internal control system for forward foreign exchange transactions to mitigate risks associated with currency fluctuations[33]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 93,158[12]. - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[24]. - The company has no overdue or unrecovered amounts from entrusted financial management[28]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[35]. Changes in Financial Position - The company has implemented new revenue and leasing standards starting January 1, 2020, affecting financial reporting[87]. - The company reported a significant increase in inventory, totaling approximately $445.90 million[96]. - The company has implemented new revenue accounting standards starting January 1, 2020, affecting the reporting of prior periods[100]. - The first quarter report was not audited[100].