万润股份(002643) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥668,429,465.82, representing a 1.01% increase compared to ¥661,726,346.63 in the same period last year[9]. - Net profit attributable to shareholders for Q1 2020 was ¥124,215,181.15, a 22.53% increase from ¥101,372,499.16 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥124,325,444.01, up 28.87% from ¥96,470,994.57 year-on-year[9]. - Basic earnings per share for Q1 2020 were ¥0.14, a 27.27% increase from ¥0.11 in the previous year[9]. - The company's operating profit for the current period was ¥163,901,973.80, compared to ¥128,701,074.34 in the previous period, showing an increase of about 27.4%[60]. - The net profit for the current period is ¥110,956,151.02, compared to ¥74,644,160.72 in the previous period, representing an increase of approximately 48.5%[72]. - The total comprehensive income for the current period was ¥137,457,836.10, compared to ¥86,469,706.13 in the previous period, indicating a growth of about 58.9%[64]. - The total comprehensive income for the current period is ¥110,956,151.02, up from ¥74,644,160.72, indicating a growth of about 48.5%[72]. Cash Flow - The net cash flow from operating activities was ¥227,647,905.83, an increase of 11.14% compared to ¥204,837,082.33 in the same period last year[9]. - Cash flow from operating activities for the current period is ¥227,647,905.83, compared to ¥204,837,082.33 in the previous period, showing an increase of about 11.1%[77]. - The total cash inflow from operating activities is ¥848,310,891.34, compared to ¥777,375,843.63 in the previous period, representing an increase of approximately 9.1%[77]. - The company received cash from financing activities totaling ¥184,915,000.00, compared to ¥100,000,000.00 in the previous period, indicating an increase of 84.9%[79]. - The net cash inflow from investment activities was -¥68,467,356.80, compared to -¥12,315,098.95 in the previous period, indicating a significant decrease in investment returns[83]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,098,099,834.64, reflecting a 3.22% increase from ¥5,907,677,337.29 at the end of the previous year[9]. - Total liabilities increased to ¥946,811,092.47 from ¥893,951,191.64, reflecting a growth of approximately 5.9%[44]. - Current liabilities rose to ¥889,895,813.55 from ¥840,919,954.77, reflecting a growth of about 5.7%[44]. - The total equity attributable to shareholders increased to ¥4,945,801,181.76 from ¥4,818,629,891.86, representing a growth of approximately 2.6%[47]. - The company's total assets remained stable at 5,907,677,337.29 CNY, with total liabilities at 893,951,191.64 CNY, indicating a solid financial position[90]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,606[13]. - The largest shareholder, China Energy Conservation and Environmental Protection Group, held 26.73% of the shares, totaling 242,972,343 shares[13]. - The total equity attributable to shareholders was 4,818,629,891.86 CNY, reflecting the company's retained earnings and capital reserves[90]. Research and Development - R&D expenses for the period were ¥50,408,060.79, a 33.81% increase year-on-year, primarily due to an increase in R&D projects and investments[21]. - Research and development expenses increased to ¥50,408,060.79 from ¥37,671,311.27, marking a rise of approximately 33.5%[57]. Government Support and Taxation - The company received government subsidies amounting to ¥4,017,980.51 during the reporting period[9]. - The company received tax refunds of ¥22,077,560.82, a 309.85% increase year-on-year, due to a larger VAT credit and a decrease in VAT rates[22]. - The company reported a decrease in tax expenses to ¥24,444,607.30 from ¥21,640,292.88, which is a reduction of about 8.3%[60]. Investment and Financing Activities - The cash balance at the end of the period was ¥972,974,947.39, an increase of 38.11% compared to the beginning of the period, mainly due to new short-term loans and increased operating accumulation[20]. - The company received cash from borrowings of ¥184,915,000.00, an increase of 84.92% year-on-year, reflecting increased short-term borrowing based on operational needs[23]. - The net cash paid for the purchase of fixed assets, intangible assets, and other long-term assets was ¥68,509,593.48, a decrease of 70.20% year-on-year, indicating reduced project investment[22]. Miscellaneous - The company has reclassified "prepayments" to "contract liabilities" due to the implementation of new revenue recognition standards, impacting the financial reporting[90]. - The first quarter report for 2020 was not audited[98].