浙江建投(002761) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥16,192,815,329.64, a decrease of 8.52% compared to ¥17,700,070,008.12 in the same period last year[9] - Net profit attributable to shareholders was ¥176,954,320.13, down 1.21% from ¥179,115,295.03 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥162,750,022.44, a decrease of 7.45% compared to ¥175,844,710.77 in the previous year[9] - Basic and diluted earnings per share were both ¥0.15, down 16.67% from ¥0.18 in the previous year[9] - Total operating revenue for the current period was CNY 16,192,815,329.64, a decrease of 8.54% compared to CNY 17,700,070,008.12 in the previous period[62] - Net profit for the current period was CNY 180,901,603.88, a decrease of 6.67% compared to CNY 193,461,138.03 in the previous period[69] - Earnings per share (EPS) for the current period was CNY 0.15, down from CNY 0.18 in the previous period[69] - The total comprehensive income for the current period is -1,113,821.33, compared to 1,336,717.97 in the previous period, reflecting a significant loss[76] Cash Flow - The net cash flow from operating activities was -¥3,255,626,896.50, worsening by 63.84% from -¥1,987,060,403.74 in the same period last year[9] - Cash flow from operating activities for the current period is -3,255,626,896.50, compared to -1,987,060,403.74 in the previous period, indicating worsening cash flow[78] - Cash inflow from operating activities totaled ¥3,289,731.15, while cash outflow was ¥2,468,639.07, resulting in a net cash flow from operations[85] - The net increase in cash and cash equivalents for the current period is ¥804,651.63, compared to a decrease of -¥38,948,080.01 in the previous period[88] Assets and Liabilities - Total assets at the end of the reporting period were ¥74,967,539,038.95, a decrease of 5.49% from ¥79,323,965,003.99 at the end of the previous year[9] - The total assets of the company amount to ¥79,323,965,003.99, with current assets at ¥60,046,826,400.89[92] - The total liabilities stand at ¥62,758,605,235.89, indicating a significant leverage position[92] - Total current liabilities decreased to CNY 56.76 billion from CNY 62.76 billion, a reduction of about 9.5%[52] - The company's long-term borrowings increased to CNY 10.63 billion from CNY 9.46 billion, showing an increase of approximately 12.4%[52] - Total liabilities amounted to ¥73,343,584,061.91, with non-current liabilities at ¥10,584,978,826.02[95] Shareholder Equity - Net assets attributable to shareholders increased by 26.05% to ¥5,735,517,802.23 from ¥4,550,012,670.60 at the end of the previous year[9] - The total equity attributable to shareholders rose to CNY 5.74 billion from CNY 4.55 billion, marking an increase of about 26.2%[54] - The company's total equity was reported at ¥5,980,380,942.08[95] Research and Development - R&D expenses increased by 65.70% to CNY 4,621.74 thousand, indicating a stronger focus on technology development[25] - Research and development expenses increased to CNY 46,217,397.43, up from CNY 27,891,675.97 in the previous period, reflecting a focus on innovation[65] Government Support - The company received government subsidies amounting to ¥22,323,430.19 during the reporting period[9] - Other income surged by 4368.08% to CNY 1,542.60 thousand, attributed to increased government subsidies received[25] Inventory and Prepayments - Inventory decreased significantly by 91.85% to CNY 121,507.25 thousand, as part of the inventory was reclassified to contract assets under new revenue standards[25] - Prepayments increased by 51.99% to CNY 125,909.19 thousand, impacted by logistics issues due to the pandemic[25] Financial Management - The company reported a 20.23% decrease in financial expenses to CNY 18,405.27 thousand, due to reduced interest expenses[25] - The company incurred management expenses of 1,113,764.13 in the current period, compared to 9,969,891.96 in the previous period, showing a reduction in management costs[74] Trading and Market Position - The company’s stock resumed trading on January 22, 2020, after completing the cash option distribution related to the major asset swap and merger[28] - The company aims to enhance market expansion and product development strategies moving forward[64] Changes in Accounting Standards - The company has implemented new revenue and leasing standards starting from 2020, affecting prior comparative data[99]