先河环保(300137) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥172,207,840.38, a decrease of 32.89% compared to ¥256,613,217.62 in the same period last year[7] - Net profit attributable to shareholders was ¥10,260,038.80, down 56.74% from ¥23,719,039.10 year-on-year[7] - Basic earnings per share decreased by 50.00% to ¥0.02 from ¥0.04 in the same period last year[7] - The company's operating revenue decreased by 32.89% to ¥172,207,840.38 compared to the previous period due to the impact of the COVID-19 pandemic[16] - The company reported a comprehensive income total of ¥10,293,438.09, down from ¥23,503,261.54, indicating a decrease of about 56.3%[39] - Operating profit for the current period is ¥11,809,947.22, down from ¥28,074,541.35, a decline of approximately 57.9%[38] - The company’s total profit for the current period is ¥11,809,822.53, down from ¥28,414,120.47, reflecting a decrease of approximately 58.4%[38] Cash Flow - Net cash flow from operating activities was -¥105,910,439.86, a decline of 332.78% compared to ¥45,499,010.50 in the previous year[7] - Cash received from sales decreased by 60.43% to ¥133,481,376.75, attributed to reduced sales collections during the period[16] - Cash inflow from operating activities was CNY 143,898,196.75, a decrease from CNY 369,832,707.58 in the previous period[45] - Cash outflow from operating activities totaled CNY 249,808,636.61, down from CNY 324,333,697.08 year-over-year[46] - Total cash and cash equivalents decreased by CNY 107,908,318.79 during the period, contrasting with an increase of CNY 33,788,508.84 in the prior year[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,514,784,451.03, a slight decrease of 0.69% from ¥2,532,378,571.10 at the end of the previous year[7] - Total liabilities decreased to CNY 404,507,349.35 from CNY 432,394,907.51, a reduction of about 6.4%[30] - Current liabilities totaled CNY 397,237,771.84, down from CNY 424,042,852.18, indicating a decrease of approximately 6.3%[30] - The company’s total liabilities and equity combined were CNY 2,403,111,344.83[58] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 56,754[10] - The largest shareholder, Li Yuguo, holds 14.86% of the shares, amounting to 81,898,409 shares, with 61,423,807 shares pledged[10] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[11] Government Support and R&D - The company received government subsidies amounting to ¥2,283,965.23 during the reporting period[8] - The company invested ¥8.36 million in research and development during the reporting period to enhance product performance and core competitiveness[18] Risk and Compliance - The company faced management risks due to its expanding business scale, which may affect operational efficiency if not managed properly[19] - The company is closely monitoring national policies related to environmental protection, which could significantly impact its business operations[21] - The company has not reported any violations regarding external guarantees during the reporting period[23] - The company has maintained its annual operational plan without significant changes during the reporting period[18] Changes in Financial Metrics - Financial expenses showed a decrease of 271.85%, resulting in a net income of -¥1,499,648.73, attributed to increased interest income from bank deposits[16] - Research and development expenses decreased to ¥8,361,089.98 from ¥11,228,749.07, a reduction of about 25.5%[37] - The company recorded a financial expense of -¥1,499,648.73, compared to a financial expense of ¥872,658.53 in the previous period, indicating a significant improvement[37]