中石科技(300684) - 2020 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2020 reached ¥174,177,858.78, representing a 72.35% increase compared to ¥101,057,633.61 in the same period last year[7] - Net profit attributable to shareholders was ¥20,021,917.64, up 60.72% from ¥12,457,945.66 year-on-year[7] - Net profit excluding non-recurring gains and losses was ¥18,878,121.68, reflecting a 53.10% increase from ¥12,330,445.63 in the previous year[7] - Basic earnings per share rose to ¥0.0799, a 60.76% increase from ¥0.0497 in the previous year[7] - The company achieved total operating revenue of 174.18 million yuan, a 72.35% increase compared to the same period last year[18] - Net profit attributable to shareholders reached 20.02 million yuan, reflecting a 60.72% growth year-on-year[19] - The company's operating income for Q1 2020 was CNY 168,892,763.67, compared to CNY 67,951,617.32 in the previous period, indicating a significant increase[44] - The net profit for Q1 2020 reached CNY 19,827,556.65, up from CNY 12,644,110.17 in the same period last year, representing a growth of approximately 56.5%[41] - The total comprehensive income for Q1 2020 was CNY 19,860,606.94, compared to CNY 12,632,873.48 in the previous period, marking a growth of 57.5%[42] - The company's operating profit for Q1 2020 was CNY 24,034,683.35, an increase from CNY 15,917,449.37 in the previous year, showing a growth of 50.5%[41] Cash Flow - Net cash flow from operating activities was ¥60,178,311.42, an increase of 31.73% compared to ¥45,681,705.32 in the same period last year[7] - The net cash flow from operating activities was CNY 60,178,311.42, an increase from CNY 45,681,705.32 in the previous period, reflecting a growth of approximately 31.5%[49] - Cash inflow from operating activities for Q1 2020 was CNY 262,948,089.59, compared to CNY 168,420,195.09 in the previous period, indicating a substantial increase[48] - The net cash flow from financing activities was -CNY 7,328,023.72, a significant decrease from a positive net cash flow of CNY 12,662,624.99 in the prior period[50] - Cash inflow from investment activities totaled CNY 379,930,715.57, while cash outflow was CNY 412,025,214.12, resulting in a net cash flow of -CNY 32,094,498.55, compared to -CNY 8,447,591.59 previously[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,043,467,759.69, a slight increase of 0.59% from ¥1,037,316,194.09 at the end of the previous year[7] - The total assets as of March 31, 2020, amount to 1,043,467,759.69 yuan, compared to 1,037,316,194.09 yuan at the end of 2019[32] - Total liabilities include short-term borrowings of 42,483,816.67 yuan, down from 52,608,108.10 yuan[32] - Total liabilities decreased to CNY 222,553,901.96 from CNY 241,431,984.55, a reduction of about 7.8%[34] - The total amount of raised funds for the quarter is 14,619.67 million yuan[23] - Cumulative amount of raised funds used for projects is 14,622.32 million yuan, with a usage ratio of 0.00%[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,993[11] - The top two shareholders, Ye Lu and Wu Xiaoning, hold 24.82% and 24.75% of shares respectively, with significant portions pledged[11] Inventory and Receivables - Accounts receivable decreased by 44.74% to 1.67 million yuan due to the settlement of receivables during the period[17] - Inventory increased by 44.88% to 100.77 million yuan, driven by a rise in business volume[17] - The inventory as of March 31, 2020, is 100,769,063.22 yuan, an increase from 69,553,245.81 yuan[30] - Accounts receivable decreased to CNY 187,896,479.36 from CNY 214,217,919.79, indicating a reduction of about 12.3%[34] - Inventory increased significantly to CNY 24,906,821.21 from CNY 9,082,040.76, representing an increase of approximately 174%[34] Government Subsidies and Other Income - The company received government subsidies amounting to ¥363,076.16 during the reporting period[8] - The company reported a 142.07% increase in other income to 3.63 million yuan, mainly from government subsidies[18] Research and Development - The company reported a significant increase in research and development expenses to CNY 10,302,529.79 from CNY 8,670,507.43, an increase of about 18.8%[40] - The research and development expenses for Q1 2020 were CNY 3,442,953.96, up from CNY 2,466,774.15 in the previous year, indicating a commitment to innovation[44] Compliance and Governance - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[26] - The company has no violations regarding external guarantees during the reporting period[25] - The first quarter report was not audited, indicating preliminary financial data[61] Changes in Accounting Standards - The company has implemented new revenue and leasing standards starting in 2020, affecting the financial statements[54] - The company has implemented the new revenue recognition standards starting January 1, 2020, which may affect future financial reporting[61]