鸿路钢构(002541) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,377,376,558.01, a decrease of 35.44% compared to ¥2,133,381,479.66 in the same period last year[8]. - Net profit attributable to shareholders was ¥41,535,265.09, down 38.82% from ¥67,885,682.41 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥26,462,011.25, a decline of 55.46% compared to ¥59,416,688.79 in the previous year[8]. - Basic earnings per share were ¥0.0793, down 38.81% from ¥0.1296 year-on-year[8]. - Operating profit decreased by 30.37% to CNY 5,596.66 million from CNY 8,037.77 million year-on-year[19]. - Net profit for the period was CNY 4,153.53 million, down 38.82% from CNY 6,788.57 million in the same period last year[19]. - The total comprehensive income attributable to the parent company is ¥41,535,265.09, compared to ¥67,885,682.41 in the previous period[64]. Cash Flow - The net cash flow from operating activities was ¥15,311,814.87, a significant drop of 89.89% from ¥151,466,666.24 in the same period last year[8]. - Cash flow from operating activities showed a significant decline of 89.89%, totaling CNY 1,531.18 million compared to CNY 15,146.67 million in Q1 2019[19]. - The cash flow from operating activities for the current period is ¥15,311,814.87, a significant decrease from ¥151,466,666.24 in the previous period[76]. - The total cash inflow from operating activities is ¥2,450,709,991.56, compared to ¥2,356,543,715.75 in the previous period, indicating a slight increase[76]. - The total cash outflow from operating activities is ¥2,435,398,176.69, compared to ¥2,205,077,049.51 in the previous period, showing an increase in cash outflows[76]. - The cash and cash equivalents at the end of the period decreased to 217,736,823.34 RMB from 495,678,299.17 RMB, indicating a substantial reduction in liquidity[78]. Assets and Liabilities - Total assets at the end of the reporting period were ¥12,653,491,388.10, a decrease of 0.78% from ¥12,752,502,108.24 at the end of the previous year[8]. - Total current assets amounted to ¥8,056,813,131.48, a decrease of 1.91% from ¥8,213,844,703.47 on December 31, 2019[39]. - Total liabilities as of March 31, 2020, were ¥7,673,935,299.96, down from ¥7,814,481,285.19, a decrease of 1.80%[45]. - Total liabilities reached CNY 4,811,287,505.00, a decrease of CNY 73,224,727.24 compared to the previous period[94]. - Total assets increased to 12,852,208,380.94 RMB, up by 99,706,272.70 RMB from the previous period, reflecting growth in the company's asset base[87]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,735[12]. - The largest shareholder, 商晓波, held 37.46% of the shares, amounting to 196,205,972 shares[12]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥22,902,243.80 during the reporting period[8]. - The company reported a significant increase in other income, which rose by 519.19% to CNY 1,891.41 million, mainly from government subsidies[19]. Research and Development - The company incurred research and development expenses of ¥25,359,140.71, down from ¥33,062,198.15, reflecting a decrease of 23.4%[58]. - The company incurred research and development expenses of ¥16,011,438.78, down from ¥22,253,809.75 in the previous period, reflecting a reduction in R&D spending[65]. Investment Income - Investment income showed a substantial increase of 328.57%, resulting in a loss of CNY 938.19 million due to the new financial instrument standards[19]. - The investment income for the current period is reported as a loss of ¥233,573.90, compared to a loss of ¥2,189,144.56 in the previous period, indicating an improvement[65]. Financial Review - The first quarter report was not audited, indicating that the financial data may be subject to further review[96].