煌上煌(002695) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥540,658,855.66, representing an increase of 8.28% compared to ¥499,315,913.40 in the same period last year[7]. - The net profit attributable to shareholders of the listed company was ¥65,196,359.95, up by 2.08% from ¥63,866,548.67 year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥59,904,681.26, a decrease of 1.56% from ¥60,855,285.11 in the previous year[7]. - The basic earnings per share for the reporting period was ¥0.127, reflecting a growth of 2.42% compared to ¥0.124 in the same period last year[7]. - The diluted earnings per share also stood at ¥0.127, marking a 2.42% increase from ¥0.124 year-on-year[7]. - The total profit for Q1 2020 was CNY 77,378,255.96, an increase from CNY 76,217,896.09 in the previous year[39]. - The company's operating profit for Q1 2020 was CNY 77,149,246.22, compared to CNY 75,064,979.01 in the same period last year[39]. - The total comprehensive income for Q1 2020 was CNY 64,129,725.61, slightly higher than CNY 63,319,411.23 in the previous year[39]. Cash Flow - The net cash flow from operating activities decreased by 21.13% to ¥123,517,010.94 from ¥156,611,161.83 in the same period last year[7]. - Cash flow from operating activities decreased by CNY 33.09 million, a decline of 21.13%, primarily due to increased procurement for strategic raw material reserves[16]. - The cash inflow from operating activities totaled CNY 701,959,677.32, compared to CNY 644,005,638.46 in the previous period[44]. - The net cash flow from operating activities was CNY 123,517,010.94, a decrease of 21.1% compared to CNY 156,611,161.83 in the previous period[46]. - The cash inflow from operating activities included CNY 356,709,783.55 from sales, which increased from CNY 333,830,406.48[49]. - The company’s cash flow from operating activities outflow totaled CNY 578,442,666.38, up from CNY 487,394,476.63, indicating an 18.7% increase[46]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,871,855,568.38, an increase of 3.87% from ¥2,764,886,665.84 at the end of the previous year[7]. - The total liabilities increased to CNY 608,512,370.19 from CNY 569,234,469.07, reflecting a rise in financial obligations[31]. - Cash and cash equivalents increased to CNY 1,124,022,754.31 from CNY 979,659,870.94, showing improved liquidity[31]. - Accounts receivable rose to CNY 408,795,717.76 from CNY 321,275,588.46, indicating a potential increase in sales or credit terms[31]. - Inventory decreased to CNY 330,906,617.48 from CNY 456,886,907.84, suggesting improved inventory management or reduced production[31]. - Total equity attributable to shareholders increased to CNY 2,219,946,250.12 from CNY 2,151,188,614.36, indicating growth in shareholder value[31]. Expenses - Total operating costs for Q1 2020 were CNY 472,140,144.98, compared to CNY 426,947,853.13 in the previous period, reflecting a rise in costs[37]. - Sales expenses rose by CNY 11.71 million, a growth of 19.83%, attributed to increased market expansion efforts and brand promotion costs[16]. - Management expenses decreased by CNY 6.99 million, a decline of 17.56%, mainly due to reduced stock incentive expenses[16]. - The company reported a decrease in management expenses to CNY 21,740,832.93 from CNY 29,525,628.28 in the previous period[41]. - Research and development expenses for Q1 2020 were CNY 16,124,838.71, consistent with the company's commitment to innovation[37]. - Research and development expenses for Q1 2020 were CNY 15,348,688.75, consistent with CNY 15,517,635.90 in the previous year[41]. Other Income and Gains - The company reported non-recurring gains and losses totaling ¥5,291,678.69 for the reporting period[8]. - Other income increased by CNY 4.14 million, a growth of 198.37%, mainly from increased government subsidies received[16]. - The company reported a significant increase in other income to CNY 6,226,497.75 from CNY 2,086,841.04, highlighting diversification in revenue streams[37].