纳川股份(300198) - 2020 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2020 was ¥110,758,830.91, a decrease of 46.72% compared to ¥207,885,708.12 in the same period last year[7] - Net profit attributable to shareholders was ¥3,991,686.24, down 32.43% from ¥5,907,767.12 year-on-year[7] - Net profit after deducting non-recurring gains and losses was -¥3,937,246.42, a decline of 296.86% compared to ¥2,000,005.98 in the previous year[7] - Basic earnings per share were ¥0.0039, down 31.58% from ¥0.0057 year-on-year[7] - Operating revenue decreased by 46.72% to CNY 110.76 million from CNY 207.89 million, mainly impacted by the COVID-19 pandemic, with trade segment revenue down by CNY 60.97 million, a decline of 52.85%[19] - Net profit for Q1 2020 was CNY 4,494,527.88, compared to CNY 5,151,919.52 in the same period last year, representing a decline of approximately 12.76%[44] - The net profit for the current period is -¥2,508,094.16, compared to -¥538,858.03 in the previous period, indicating a worsening financial performance[48] Cash Flow - Net cash flow from operating activities was -¥105,612,608.95, a decrease of 534.56% from ¥24,303,206.39 in the same period last year[7] - Cash flow from operating activities decreased significantly by 534.57%, primarily due to a decline in cash received from sales by CNY 73.98 million[17] - The cash flow from operating activities shows a net outflow of -¥105,612,608.95, a significant decline from a net inflow of ¥24,303,206.39 in the previous period[52] - Total cash inflow from operating activities amounted to 458,198,897.32 CNY, compared to 311,128,383.69 CNY in the prior period, indicating a 47.3% increase[55] - Cash outflow from operating activities was 498,815,017.92 CNY, up from 228,853,368.33 CNY, representing a 118.5% increase[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,314,142,208.11, an increase of 3.78% from ¥3,193,353,091.66 at the end of the previous year[7] - Total liabilities increased to CNY 1.88 billion from CNY 1.76 billion, indicating a rise of approximately 6.6%[36] - Total assets as of March 31, 2020, amounted to CNY 3.31 billion, up from CNY 3.19 billion at the end of 2019, representing an increase of about 3.7%[35] - Total liabilities as of March 31, 2020, were CNY 1,487,038,458.68, compared to CNY 1,399,781,560.04 at the end of 2019, reflecting an increase of approximately 6.25%[40] - The company reported a total asset value of 3,193,353,091.66 CNY, unchanged from the previous period[60] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,365[11] - The largest shareholder, Chen Zhijiang, holds 20.95% of the shares, totaling 216,075,692 shares, with 162,056,769 shares pledged[11] Government Support - Government subsidies recognized in the current period amounted to ¥2,010,301.21[8] Investment Activities - Investment income increased by 195.79% to CNY 14.13 million from a loss of CNY 14.75 million in the previous year, driven by confirmed investment income from various projects[16] - The company has ongoing projects with significant investments, including a total investment of approximately CNY 56.24 million for wastewater treatment plants, with CNY 34.06 million completed as of March 31, 2020[20] - The total investment for the Longyan City Yongding District Urban Road Infrastructure PPP project is approximately CNY 418.82 million, with a cumulative completion amount of about CNY 79.12 million as of March 31, 2020[25] - The total investment for the Yunnan Province Fuyuan Industrial Park Water Supply and Drainage Integration PPP project is approximately CNY 276.16 million, with a cumulative completion amount of about CNY 71.27 million as of March 31, 2020[26] - The total investment for the Luojiang District Sewage Pipeline Network Construction PPP project is approximately CNY 301.02 million, with a cumulative completion amount of about CNY 13.63 million as of March 31, 2020[26] Financial Expenses - The company's financial expenses rose by 178.33% to CNY 7.82 million from a negative CNY 9.98 million, due to decreased interest income and increased interest expenses[16] - The company incurred financial expenses of ¥9,145,871.43, which includes interest expenses of ¥8,607,852.19, compared to a financial income of -¥8,084,660.01 in the previous period[47] Other Financial Metrics - The company reported a credit impairment loss of ¥7,359,109.20, an increase from ¥2,295,084.35 in the previous period[48] - The company has a short-term loan of CNY 381,479,999.17 and accounts payable of CNY 8,793,370.58[63] - The company reported a deferred tax asset of CNY 43,919,000.07 and a deferred tax liability of CNY 32,768,830.60[63] - The total amount of other payables is CNY 802,489,223.78, indicating a significant liability component[63]