ST景谷(600265) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue increased significantly by 198.66% year-on-year, reaching ¥36,096,981.89[6] - Net profit attributable to shareholders was ¥154,440.85, a turnaround from a loss of ¥6,305,265.80 in the same period last year[6] - The weighted average return on net assets improved to 0.43% from -24.70% year-on-year[6] - Total revenue for Q1 2019 reached ¥36,096,981.89, a significant increase of 199.5% compared to ¥12,086,444.52 in Q1 2018[45] - Operating profit for Q1 2019 was ¥162,498.92, a turnaround from a loss of ¥6,609,665.92 in Q1 2018[46] - Net profit for Q1 2019 was ¥119,304.74, compared to a net loss of ¥6,356,866.21 in Q1 2018[46] - The total comprehensive income for Q1 2019 was a loss of CNY 382,303.53, an improvement from a loss of CNY 5,060,145.26 in Q1 2018[49] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥21,794,392.83, compared to a negative ¥1,265,620.43 in the previous year[6] - Cash received from sales of goods and services increased by 102.62% year-on-year to ¥35,046,739.39, driven by higher operating revenue and improved management of receivables[24] - Cash paid to employees increased by 444.04% year-on-year to ¥28,373,640.05, mainly due to the payment of overdue pension contributions[25] - Cash paid for various taxes surged by 685.94% year-on-year to ¥3,262,241.92, primarily related to taxes on land and timber transfers[25] - Cash inflow from investment activities was CNY 18,200,000.00 in Q1 2019, compared to CNY 483,000.00 in Q1 2018, indicating a substantial increase[51] - Net cash flow from operating activities was -CNY 31,174,671.32, a significant decline from -CNY 487,798.88 in the same period last year[53] - The net increase in cash and cash equivalents was -CNY 37,974,671.32, compared to -CNY 363,673.88 in Q1 2018[54] Assets and Liabilities - Total assets decreased by 12.67% from the end of the previous year, amounting to ¥322,689,818.68[6] - Current assets totaled CNY 243,659,620.94 as of March 31, 2019, down from CNY 288,927,112.32 on December 31, 2018, representing a decrease of approximately 15.7%[37] - Total liabilities decreased to CNY 290,040,472.43 from CNY 336,958,512.23, a reduction of approximately 13.9%[39] - The company's total assets decreased to CNY 322,689,818.68 from CNY 369,488,553.74, a decline of about 12.6%[39] - Total liabilities decreased from ¥329,712,811.01 to ¥277,112,184.11, indicating improved financial stability[43] Shareholder Information - The number of shareholders reached 3,585, with the largest shareholder holding 55.00% of the shares[10] - The company completed a partial acquisition offer, acquiring 25.00% of shares at ¥32.57 per share, resulting in a total holding of 55.00%[27] - The total equity attributable to shareholders increased slightly to CNY 35,915,804.16 from CNY 35,761,363.31, reflecting a marginal growth of about 0.4%[39] Operating Costs and Expenses - Operating costs rose by 171.07% year-on-year to ¥31,422,584.72, mainly driven by the increase in operating revenue[20] - Other operating income decreased by 96.14% year-on-year to ¥10,205.82, primarily due to adjustments made by Senli Company regarding overestimated tax fees from previous years[21] - Other operating expenses surged by 359.88% year-on-year to ¥53,400.00, attributed to donations made to charitable organizations in Jinggu County[22] - The company reported a significant reduction in management expenses, down to ¥3,345,535.45 from ¥3,777,240.08 year-over-year[45] Inventory and Receivables - Inventory increased to CNY 183,509,396.98 from CNY 179,508,602.84, reflecting a growth of about 2.8%[37] - Other receivables decreased by 99.44%, totaling ¥99,071.27, mainly due to the recovery of asset disposal payments[14] Financial Standards and Adjustments - The company implemented new financial instrument standards effective January 1, 2019, with no impact on the financial statements[55] - The company reported no adjustments needed for prior period comparative data under the new financial standards[56]