BOSHI(SZ:002698)2020-04-28 16:00Financial Performance - The company's operating revenue for Q1 2020 was ¥486,509,069.88, representing a 38.70% increase compared to ¥350,752,848.64 in the same period last year[8] - Net profit attributable to shareholders was ¥114,809,150.06, up 30.41% from ¥88,039,926.63 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥108,408,672.06, reflecting a 32.14% increase from ¥82,043,669.91 in the previous year[8] - The basic earnings per share for the period was ¥0.1123, a 30.43% increase compared to ¥0.0861 in the same period last year[8] - Operating revenue rose by 38.70% to ¥486,509,069.88, driven by increased sales of intelligent complete equipment and environmental protection process equipment[23] - Operating profit for the current period was CNY 166,064,990.90, up 68.5% from CNY 98,640,801.99 in the previous period[58] - Total operating costs for the current period were CNY 324,172,971.04, representing a 24% increase from CNY 261,459,262.00 in the previous period[58] - The company reported a total comprehensive income of CNY 138,119,460.96, an increase from CNY 84,561,976.05 in the previous period[62] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,079,541,718.65, a 0.95% increase from ¥4,041,154,116.28 at the end of the previous year[8] - The net assets attributable to shareholders increased by 5.29% to ¥2,411,426,423.47 from ¥2,290,352,360.75 at the end of the previous year[8] - Total liabilities amounted to CNY 1,667,969,355.65, with current liabilities at CNY 1,610,774,560.03[85] - Current liabilities decreased to CNY 1,502,071,405.91 from CNY 1,610,774,560.03, a reduction of about 6.73%[47] - Non-current liabilities totaled CNY 60,009,877.48, up from CNY 57,194,795.62, indicating an increase of approximately 3.16%[47] - The total amount of entrusted financial management reached ¥34,500,000, with no overdue amounts reported[30] Cash Flow - The net cash flow from operating activities was negative at -¥71,169,052.04, a significant decrease of 189.55% compared to ¥79,469,984.59 in the same period last year[8] - The net cash flow from operating activities was -71,169,052.04 CNY, a significant decrease compared to 79,469,984.59 CNY in the previous period, indicating a decline in operational performance[70] - Cash inflow from investment activities totaled 575,965,582.78 CNY, up from 328,753,775.31 CNY in the previous period, reflecting increased investment recovery[73] - The net cash flow from investment activities was 73,830,875.21 CNY, a turnaround from -98,915,933.27 CNY in the previous period, showing improved investment performance[73] - The company experienced a net increase in cash and cash equivalents of 2,208,516.39 CNY, contrasting with a decrease of -25,389,139.95 CNY in the previous period, indicating a recovery in cash management[73] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,267[12] - Other comprehensive income attributable to shareholders of the parent company decreased by 60.70% to ¥108,698.98, affected by foreign currency translation differences[26] - Owner's equity rose to CNY 2,517,460,435.26 from CNY 2,373,184,760.63, marking an increase of about 6.06%[47] Government Support and Expenses - The company received government subsidies amounting to ¥4,003,633.49 during the reporting period[8] - The income tax expense increased by 93.08% to ¥28,160,389.28, driven by growth in revenue and profits[26] - The company's financial expenses decreased by 102.75% to -¥114,333.07, primarily due to foreign exchange gains and losses[23] - Research and development expenses were CNY 13,970,801.24, slightly down from CNY 14,935,779.93 in the previous period, indicating a focus on cost management[58] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[58]