金牛化工(600722) - 2018 Q1 - 季度财报

Financial Performance - Operating income fell by 14.97% to CNY 190,298,617.95 year-on-year[6] - Net profit attributable to shareholders decreased by 73.40% to CNY 3,463,577.72[6] - Total profit decreased by 78.44% to CNY 5,367,612.12, attributed to upstream supplier production limits[12] - The net profit attributable to the parent company decreased by 75.52% to CNY 3,187,327.72, primarily due to production limitations from upstream suppliers affecting output[13] - Net profit for Q1 2018 was CNY 5,383,286.55, compared to CNY 24,900,115.27 in Q1 2017, indicating a decline of about 78%[28] - Basic earnings per share for Q1 2018 were CNY 0.0051, down from CNY 0.0191 in the previous year, representing a decline of approximately 73%[29] - The net profit for Q1 2018 was CNY 1,420,779.36, an increase from CNY 1,349,665.64 in the previous period, representing a growth of approximately 5.24%[32] Cash Flow - Cash flow from operating activities dropped significantly by 81.35% to CNY 18,382,187.11[6] - The net cash flow from operating activities dropped by 81.35% to CNY 18,382,187.11, mainly due to reduced methanol production impacting cash received from sales[15] - Operating cash flow for Q1 2018 was CNY 18,382,187.11, a significant decrease from CNY 98,564,504.11 in the same period last year, reflecting a decline of about 81.43%[35] - Cash inflow from operating activities totaled CNY 133,508,952.93, compared to CNY 181,698,809.19 in the previous year, showing a decline of about 26.53%[35] - The company experienced a net cash decrease of CNY 78,951,957.87 during the quarter, contrasting with a net increase of CNY 14,377,317.67 in the previous year[36] Assets and Liabilities - Total assets decreased by 2.46% to CNY 1,161,209,482.61 compared to the end of the previous year[6] - The total assets as of March 31, 2018, were CNY 1,161,209,482.61, down from CNY 1,190,453,653.21 at the beginning of the year[19] - The total liabilities decreased from CNY 148,674,213.77 to CNY 113,380,995.45, indicating a reduction in financial obligations[21] - The cash and cash equivalents decreased from CNY 289,044,211.77 to CNY 210,092,253.90, reflecting a decline in liquidity[19] - The company's total current assets were CNY 766,275,361.34, slightly up from CNY 765,143,907.79 year-over-year[24] Inventory and Other Income - Inventory increased by 494.82% to CNY 10,484,303.08 due to increased procurement by a subsidiary[11] - The inventory increased significantly from CNY 1,762,609.27 to CNY 10,484,303.08, suggesting potential overstocking issues[19] - Other income rose by 575.26% to CNY 123,902.35, mainly from stock trading returns[12] - The company received government subsidies amounting to CNY 276,250.00, contributing to other income[12] Shareholder Information - The number of shareholders reached 45,441, with the largest shareholder holding 29.99% of shares[9] - The total equity attributable to the parent company increased slightly from CNY 916,153,472.46 to CNY 919,949,930.76, indicating stability in shareholder equity[21] - The equity attributable to shareholders was CNY 988,174,943.10, an increase from CNY 986,754,163.74, reflecting a growth of about 0.1%[24] Financial Costs and Investment - The financial expenses for Q1 2018 were CNY -1,902,388.90, compared to CNY -905,113.28 in Q1 2017, indicating a significant improvement in financial costs[28] - The company reported an investment income of CNY 327,053.97 for Q1 2018, compared to no investment income in the same period last year[28] - The company received CNY 60,000,000.00 from investment recoveries, significantly lower than CNY 365,000,000.00 in the previous year, a decrease of approximately 83.64%[39]