中金环境(300145) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥476,482,195.02, a decrease of 43.93% compared to ¥849,737,099.33 in the same period last year[8]. - Net profit attributable to shareholders was -¥34,268,058.44, representing a decline of 137.63% from ¥91,069,481.38 year-on-year[8]. - Basic earnings per share decreased to -¥0.02, down 140.00% from ¥0.05 in the same period last year[8]. - The company's operating revenue for Q1 2020 was CNY 476.48 million, a decrease of 43.93% compared to CNY 849.74 million in the same period last year due to the impact of COVID-19[18]. - The net profit attributable to shareholders for Q1 2020 was CNY -34.27 million, a decline of CNY 12.53 million year-on-year[19]. - Net profit for Q1 2020 was a loss of CNY 34,230,618.65, compared to a profit of CNY 94,348,618.13 in the same period last year[43]. - Net profit for the current period is a loss of CNY 11,469,486.46, compared to a loss of CNY 12,511,367.99 in the previous period, indicating a slight improvement[47]. Cash Flow and Liquidity - Net cash flow from operating activities was -¥124,323,612.11, a significant drop of 1,160.22% compared to ¥11,726,224.57 in the previous year[8]. - The company's cash and cash equivalents increased to CNY 1,144,447,740.29 from CNY 1,094,386,301.26, reflecting a growth of approximately 4.6%[33]. - Cash flow from operating activities shows a net outflow of CNY 124,323,612.11, a significant decline from a net inflow of CNY 11,726,224.57 in the previous period[51]. - The total cash and cash equivalents at the end of the period amount to CNY 1,094,731,130.18, up from CNY 696,344,501.81 at the end of the previous period[52]. - The company recorded other income of CNY 4,187,100.00, an increase from CNY 1,974,100.00 in the previous period[46]. - Cash inflow from financing activities is CNY 249,423,199.13, compared to CNY 129,621,128.45 in the previous period, showing improved financing capability[52]. - The company reported a significant increase in cash inflows from financing activities compared to the previous period, with a net cash flow of 177,547,706.79 CNY[55]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,272,884,364.27, a slight decrease of 0.55% from ¥10,329,683,963.34 at the end of the previous year[8]. - The company's total assets amounted to CNY 10,272,884,364.27, a decrease from CNY 10,329,683,963.34 at the end of 2019[33][36]. - The company's total liabilities were CNY 5,362,145,099.54, down from CNY 5,385,445,045.26, reflecting a decrease of approximately 0.4%[35]. - The total liabilities amounted to 5,385,445,045.26 CNY, with current liabilities at 3,557,571,374.35 CNY and non-current liabilities at 1,827,873,670.91 CNY[58]. - The company's total equity attributable to shareholders decreased to CNY 4,791,654,556.00 from CNY 4,825,374,098.43, a decline of about 0.7%[36]. - The company's total equity decreased to CNY 4,675,194,083.91 from CNY 4,686,663,570.37[39]. Operational Highlights - The company plans to enhance its waste disposal capabilities and accelerate the development of high-quality projects such as intelligent manufacturing of pumps and precious metal resource utilization[23]. - The top five suppliers accounted for 29.31% of total procurement, with no significant changes compared to the previous year[20]. - The top five customers contributed 10.29% of total sales, with a notable shift in revenue distribution due to seasonal variations[21]. - The company faces risks from macroeconomic downturns and intensified industry competition, which may impact sales and profit margins[23][24]. Other Financial Metrics - Non-recurring gains and losses totaled ¥4,215,035.16, with government subsidies contributing ¥5,201,621.09[9]. - The company reported a weighted average return on equity of -0.71%, down 2.66% from 1.95% in the previous year[8]. - Research and development expenses for Q1 2020 were CNY 23,907,857.83, down from CNY 28,406,378.41 in the previous period[42]. - The company experienced a net loss from investment activities of CNY 1,653,647.37, compared to a smaller loss of CNY 254,332.90 in the previous period[42]. - The company has implemented new revenue and leasing standards starting from January 1, 2020, affecting the financial reporting[56]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,573[12]. - The largest shareholder, Wuxi Municipal Public Utilities Group Co., Ltd., held 20.04% of the shares, totaling 385,515,480 shares[12]. Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[28]. - There were no overdue commitments from controlling shareholders or related parties during the reporting period[29]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[29]. - The first quarter report was not audited[63].