深南电B(200037) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥228,717,033.81, representing a 49.51% increase compared to ¥152,975,230.74 in the same period last year[11] - The net profit attributable to shareholders was a loss of ¥14,023,020.62, an improvement of 50.58% from a loss of ¥28,373,168.62 in the previous year[11] - The basic earnings per share decreased by 60.00% to -¥0.02 from -¥0.05 in the previous year[11] - Operating revenue for the period was 228.72 million yuan, a year-on-year increase of 49.51%, driven by increased electricity generation[18] - Operating costs for the period were 222.48 million yuan, a year-on-year increase of 39.83%, also due to increased electricity generation[18] - The company reported a total comprehensive loss of CNY -15,869,290.27 for Q1 2020, an improvement from CNY -34,410,524.57 in Q1 2019[44] - Net profit for Q1 2020 was CNY -15,869,290.27, compared to CNY -34,410,524.57 in Q1 2019, showing an improvement of 53.8%[43] - Operating profit for Q1 2020 was CNY -15,706,636.12, an improvement of 53.1% compared to CNY -33,516,269.31 in Q1 2019[43] Cash Flow - The net cash flow from operating activities was ¥22,023,624.41, a significant increase of 549.68% compared to a negative cash flow of ¥4,897,654.96 in the same period last year[11] - The company's cash and cash equivalents at the end of the period amounted to 886.25 million yuan, an increase of 14.62% compared to the beginning of the year, primarily due to the recovery of bank wealth management products[18] - Cash received from operating activities was CNY 269,328,078.58, compared to CNY 186,351,276.89 in the previous year, indicating a growth of 44.4%[50] - Net cash flow from operating activities was CNY 22.02 million, a significant recovery from a net outflow of CNY 4.90 million in the same period last year[51] - Investment cash inflow totaled CNY 178.19 million, compared to CNY 1.99 million in Q1 2019, indicating a substantial increase in investment recovery[55] - Net cash flow from investment activities was CNY 66.04 million, a turnaround from a net outflow of CNY 14.70 million in the previous year[51] - Financing cash inflow was CNY 86.00 million, down from CNY 232.13 million in Q1 2019, reflecting a decrease of approximately 63%[52] - The total cash and cash equivalents at the end of Q1 2020 stood at CNY 886.25 million, an increase from CNY 780.27 million at the end of Q1 2019[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,224,956,518.57, a slight increase of 0.18% from ¥3,219,261,720.55 at the end of the previous year[11] - Current liabilities totaled ¥1,044,757,257.24, an increase from ¥1,021,615,659.25 in the previous period[35] - The company's total liabilities reached ¥1,178,333,487.34, compared to ¥1,156,769,399.05 previously, reflecting a growth in financial obligations[35] - Owner's equity totaled CNY 1,935,968,407.19, showing a slight decrease compared to previous periods[60] - The company reported a total of CNY 1,156,769,399.05 in liabilities as of the end of 2019, highlighting a consistent financial structure[58] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,627[14] - The top three shareholders held a combined 38.30% of the company's shares, with Hong Kong Nanhai Ocean Company (International) Limited holding 15.28%[14] Investments and Other Income - The company agreed to transfer 70% of the equity of Shenzhen Nanshan Electric Dongguan Company for a total price of 10.498 million yuan[19] - The company approved an investment of 200 million yuan in the Yuanzhi Ruixin New Generation Information Technology Equity Investment Fund[20] - Other income for the period was 6.67 million yuan, a year-on-year increase of 357.59%, primarily due to increased government subsidies received[18] - The company recorded an investment income of CNY 199,465.79, compared to a loss of CNY -431,753.10 in the same period last year[46] Financial Management - The company's accounts payable at the end of the period decreased by 28.25% to 14.26 million yuan, mainly due to reduced payable amounts for natural gas[18] - The company's tax payable at the end of the period decreased by 31.02% to 15.02 million yuan, primarily due to a reduction in uncollected value-added tax[18] - The company reported a decrease in accounts payable from ¥19,871,102.41 to ¥14,256,605.45, indicating better management of payables[35] - The company’s fixed assets decreased slightly from ¥1,381,675,872.68 to ¥1,355,983,973.02, reflecting ongoing asset management[34] - The company’s unallocated profits decreased from ¥706,830,892.54 to ¥692,807,871.92, indicating a reduction in retained earnings[36] Regulatory and Compliance - The company has not undergone an audit for the Q1 2020 report, which may affect the reliability of the financial data presented[61] - The company is adapting to new revenue and leasing standards, which may impact future financial reporting and performance metrics[56] - The company has implemented new revenue and leasing standards starting in 2020, which may impact future financial reporting[61]