恒丰纸业(600356) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue rose by 24.48% to CNY 471,747,526.40 year-on-year[5] - Net profit attributable to shareholders increased by 23.34% to CNY 22,442,510.24 compared to the same period last year[5] - The company reported a basic earnings per share of CNY 0.07, up 16.67% from the previous year[5] - Total operating revenue for Q1 2019 was CNY 471,747,526.40, an increase of 24.5% compared to CNY 378,975,775.72 in Q1 2018[24] - Net profit for Q1 2019 reached CNY 21,970,718.94, representing a 25.5% increase from CNY 17,554,550.39 in Q1 2018[25] - The total profit for Q1 2019 was CNY 29,784,163.72, compared to CNY 24,179,209.64 in Q1 2018, marking a growth of 23.3%[25] - The company reported a total comprehensive income of CNY 23,358,482.70, compared to CNY 19,402,638.90 in Q1 2018, reflecting an increase of approximately 20.1%[28] Assets and Liabilities - Total assets increased by 2.71% to CNY 2,806,064,328.05 compared to the end of the previous year[5] - Current assets totaled ¥1,514,678,817.06, up from ¥1,417,984,169.25, indicating an increase of about 6.8%[15] - Accounts receivable increased by 37.76% to CNY 688,080,634.42 due to increased sales revenue[12] - Total liabilities reached ¥653,819,362.61, compared to ¥601,651,462.42, marking an increase of approximately 8.7%[17] - The company reported a total liability of CNY 641,870,915.55, an increase from CNY 596,741,065.07 in the previous year[24] - The company's equity attributable to shareholders increased to ¥2,132,727,692.69 from ¥2,110,285,182.45, representing a growth of about 1.1%[17] Cash Flow - The net cash flow from operating activities improved by 43.12%, reaching CNY -81,432,280.19[5] - Cash inflows from operating activities amounted to CNY 330,859,304.66, up from CNY 294,036,756.23 in the same period last year, representing an increase of about 12.5%[31] - The net cash flow from operating activities was negative at CNY -81,432,280.19, an improvement from CNY -143,155,671.54 in Q1 2018, indicating a reduction in cash outflow by approximately 43.1%[32] - Cash inflows from financing activities were CNY 164,114,374.80, significantly higher than CNY 80,000,000 in Q1 2018, marking an increase of 105.3%[35] - The net cash flow from financing activities was CNY 19,192,894.89, compared to a negative CNY -23,784,630.94 in the previous year, indicating a turnaround in financing cash flow[35] Expenses - Financial expenses rose by 65.95% to CNY 7,357,730.44, attributed to increased loan interest[12] - Research and development expenses for Q1 2019 were CNY 4,343,696.59, a decrease of 14.1% from CNY 5,055,894.53 in Q1 2018[24] - The company experienced an increase in sales expenses, which rose to CNY 31,909,520.79 from CNY 29,513,686.31 in Q1 2018[24] Shareholder Information - The number of shareholders reached 21,908 by the end of the reporting period[9] - The total equity attributable to shareholders was CNY 2,148,641,675.79, up from CNY 2,125,283,193.09 in the previous year[24] Other Financial Metrics - The weighted average return on equity increased by 0.19 percentage points to 1.06%[5] - The company recorded cash outflows from investing activities of CNY 8,352,222.93, down from CNY 12,307,005.43 in Q1 2018, a decrease of about 32.3%[35] - The company received CNY 140,000,000 from investment recoveries, which was not present in the previous year’s data[34] - The company reported an asset impairment loss of CNY 12,167,396.65, significantly higher than CNY 6,879,874.71 in Q1 2018[24]