红墙股份(002809) - 2020 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2020 was ¥162,452,344.94, a decrease of 10.67% compared to ¥181,859,748.43 in the same period last year[8] - Net profit attributable to shareholders increased by 4.05% to ¥17,468,141.08 from ¥16,787,655.01 year-on-year[8] - The net profit after deducting non-recurring gains and losses decreased by 32.58% to ¥8,499,821.20 from ¥12,607,629.03 in the previous year[8] - Basic earnings per share increased by 7.14% to ¥0.15 from ¥0.14 year-on-year[8] - Total operating revenue for Q1 2020 was CNY 162,452,344.94, a decrease of 10.6% compared to CNY 181,859,748.43 in Q1 2019[41] - Net profit for Q1 2020 was CNY 17,468,141.08, an increase of 4.1% from CNY 16,787,655.01 in Q1 2019[42] - The total comprehensive income for the period was CNY 17,468,141.08, an increase from CNY 16,787,655.01 in the previous period[46] Cash Flow - The net cash flow from operating activities improved significantly, reaching -¥1,919,797.46, a 95.29% increase compared to -¥40,762,903.83 in the same period last year[8] - Cash received from other operating activities decreased by 45.29% to 1,476,180.78 from 2,697,960.95 mainly due to a decrease in customer penalty payments received[17] - Cash received from investment activities increased by 1810.72% to 235,948,311.04 from 12,348,676.92 primarily due to the maturity of structured deposits and the receipt of funds from Su Bo[17] - The net cash flow from operating activities was negative at CNY -1,919,797.46, an improvement from CNY -40,762,903.83 in the previous period[51] - Cash inflow from investment activities was CNY 235,948,311.04, significantly higher than CNY 12,438,243.92 in the previous period[51] - The net cash flow from investment activities was 24,889,108.78 CNY, compared to -189,549,994.33 CNY in the previous period, indicating a positive turnaround[55] - Cash inflow from financing activities totaled 80,000,344.07 CNY, compared to 19,904,814.68 CNY in the previous period, reflecting a growth of approximately 302%[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,668,536,411.78, a decrease of 1.21% from ¥1,688,920,821.11 at the end of the previous year[8] - The company's total assets amounted to CNY 1,668,536,411.78, a decrease from CNY 1,688,920,821.11 at the end of 2019[32] - The company's current assets totaled CNY 1,489,328,121.66, down from CNY 1,508,926,077.57 at the end of 2019, reflecting a decrease of approximately 1.5%[32] - The company's total liabilities decreased to CNY 488,693,141.65 from CNY 528,760,636.16, a reduction of about 7.6%[34] - Total liabilities decreased to CNY 544,445,757.40 from CNY 550,028,117.06 at the end of 2019, a reduction of 1%[39] Shareholder Information - The company reported a total of 16,461 common shareholders at the end of the reporting period[12] - The largest shareholder, Liu Lianjun, holds 46.80% of the shares, amounting to 56,160,750 shares, with 42,399,862 shares pledged[12] - Net assets attributable to shareholders increased by 1.70% to ¥1,179,843,270.13 from ¥1,160,160,184.95 at the end of the previous year[8] - The total equity attributable to shareholders of the parent company increased to CNY 996,730,874.53 from CNY 982,941,318.29, reflecting a growth of 1.8%[39] Operational Metrics - Accounts receivable increased by 53.51% to 17,950,472.55 from 11,693,307.32 due to an increase in commercial acceptance bills received during the period[16] - Other receivables decreased by 70.47% to 8,643,294.09 from 29,271,021.81 primarily due to the recovery of financial assistance funds[16] - Prepaid accounts decreased by 39.30% to 16,020,367.41 from 26,392,853.41 mainly due to a reduction in prepaid material payments[16] - Construction in progress increased by 155.99% to 2,129,773.71 from 831,970.03 as the engineering project renovation has not yet reached the fixed asset transfer stage[16] - Other non-current assets increased by 73.38% to 3,771,090.00 from 2,175,029.21 mainly due to an increase in prepaid vehicle purchases[16] - Accounts payable decreased by 33.21% to 34,657,700.81 from 51,891,120.53 primarily due to a reduction in payable material costs[16] Research and Development - The company’s R&D expenses for Q1 2020 were CNY 7,721,880.51, slightly up from CNY 7,235,143.45 in Q1 2019, indicating a focus on innovation[41] - Research and development expenses increased to CNY 5,850,178.74 from CNY 4,915,443.10, reflecting a growth of approximately 18.9%[46] Miscellaneous - The company received government subsidies amounting to ¥199,031.68, primarily due to policy reductions[9] - The company reported no derivative investments during the reporting period[24] - There were no instances of non-operating fund occupation by controlling shareholders or related parties during the reporting period[26] - The company has no overdue commitments from actual controllers, shareholders, related parties, acquirers, or other related parties during the reporting period[18] - The first quarter report was not audited, which may affect the reliability of the financial data presented[57]