金奥博(002917) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥69,286,991.36, representing a 5.57% increase compared to ¥65,631,255.61 in the same period last year[7] - Net profit attributable to shareholders was ¥7,772,170.54, up 5.08% from ¥7,396,214.19 year-on-year[7] - The net profit after deducting non-recurring gains and losses increased by 58.77% to ¥5,087,235.62 from ¥3,204,132.37 in the previous year[7] - The total operating revenue for Q1 2020 was CNY 69,286,991.36, an increase from CNY 65,631,255.61 in the previous period[43] - The net profit for Q1 2020 was CNY 8,244,911.92, a decrease of 14.2% from CNY 9,611,070.82 in the same period last year[45] - The total comprehensive income for Q1 2020 was CNY 8,579,339.09, down from CNY 9,218,823.17 in the prior year[46] Assets and Liabilities - The total assets at the end of the reporting period reached ¥1,094,680,889.36, a 22.75% increase from ¥891,785,570.30 at the end of the previous year[7] - Total assets reached CNY 1,094,680,889.36, up from CNY 891,785,570.30 year-over-year[38] - Total liabilities increased to CNY 307,361,350.29 from CNY 120,617,398.03 in the previous period[37] - Current liabilities rose significantly to CNY 276,765,819.37 from CNY 90,777,384.80[37] - The company reported a total equity of CNY 787,319,539.07, an increase from CNY 771,168,172.27[38] - The company’s total liabilities to equity ratio stands at approximately 39.0%[37] Cash Flow - The net cash flow from operating activities improved to -¥17,879,862.04, a 40.67% reduction in losses compared to -¥30,134,099.11 in the same period last year[7] - Net cash flow from operating activities increased by 40.67% compared to the same period last year, mainly due to increased payments using acceptance bills[22] - The net cash flow from operating activities was -17,879,862.04 CNY, compared to -30,134,099.11 CNY in the previous period, showing an improvement of approximately 40%[53] - Total cash inflow from investment activities was 601,769,656.74 CNY, while cash outflow was 808,664,452.53 CNY, resulting in a net cash flow of -206,894,795.79 CNY, which is a significant decline from -27,129,899.15 CNY in the previous period[53] - The company recorded a cash inflow of 121,600,000.00 CNY from financing activities, compared to a cash outflow of 1,000,000.00 CNY in the previous period, indicating a positive shift in financing[54] - The total cash and cash equivalents at the end of the period were 201,435,558.73 CNY, down from 304,350,843.04 CNY at the beginning of the period, reflecting a decrease of approximately 33.8%[54] Investments and Acquisitions - The company acquired 99.8131% of Shandong Shengshida Chemical Co., Ltd. for ¥1,696,822,700, which will be consolidated into the financial statements starting April 2020[15] - The company signed an equity transfer agreement to acquire 99.8131% of Shandong Shengshida for RMB 16,968.227 million[23] - Net cash flow from investing activities decreased by 662.61% compared to the same period last year, primarily due to payments for the acquisition of Shandong Shengshida equity[22] - The company reported a net cash flow from investment activities of -200,593,867.96 CNY, worsening from -51,089,651.72 CNY in the previous period, highlighting increased investment expenditures[57] Shareholder Information - The company had a total of 15,743 common shareholders at the end of the reporting period[11] - The basic earnings per share remained at ¥0.04, unchanged from the previous year[7] - The company reported a basic and diluted earnings per share of CNY 0.04, consistent with the previous period[46] Operational Costs and Expenses - The total operating costs increased to CNY 63,097,587.78 from CNY 59,172,100.30, primarily driven by higher sales and management expenses[45] - Research and development expenses rose to CNY 6,727,559.58, up from CNY 5,804,112.19, reflecting a focus on innovation[45] - The cash flow from financing activities showed a net increase of 121,600,000.00 CNY, contrasting with a net outflow of -1,000,000.00 CNY previously, indicating improved financing conditions[57] Other Financial Metrics - Government subsidies recognized in the current period amounted to ¥1,385,213.75, which is 16.80% of the net profit, a decrease of 73.27% year-on-year[8] - The weighted average return on net assets was 1.10%, slightly down from 1.13% in the previous year[7] - The company experienced a credit impairment loss of CNY -480,096.90, an improvement from CNY -805,865.06 in the previous year[45] - The tax expenses for the quarter were CNY 501,079.42, significantly lower than CNY 2,304,140.45 in the same period last year[45] Audit and Reporting Standards - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[59] - The company has not adopted the new revenue and leasing standards for the current year, which may impact future financial reporting[58]