天润乳业(600419) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 347,690,617.43, reflecting a 15.97% year-on-year growth[6] - Net profit attributable to shareholders of the listed company was CNY 30,920,933.67, up 10.19% from the same period last year[6] - The net profit after deducting non-recurring gains and losses was CNY 33,512,182.09, an increase of 15.38% year-on-year[6] - Basic earnings per share rose to CNY 0.1493, representing a 10.18% increase compared to the previous year[6] - The weighted average return on equity was 3.3011%, slightly up by 0.004 percentage points from the previous year[6] - Total operating revenue for Q1 2019 was CNY 347,690,617.43, an increase of 15.9% compared to CNY 299,804,968.37 in Q1 2018[22] - Net profit for Q1 2019 reached CNY 31,497,589.62, representing a growth of 6.4% from CNY 29,648,135.39 in Q1 2018[22] - The net profit attributable to the parent company for Q1 2019 was CNY 30,920,933.67, an increase from CNY 28,061,109.91 in Q1 2018, representing a growth of approximately 10.3%[23] - The total comprehensive income for Q1 2019 was CNY 31,497,589.62, compared to CNY 29,648,135.39 in Q1 2018, reflecting a growth of about 6.2%[23] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,815,878,576.08, a 0.51% increase compared to the end of the previous year[6] - Net assets attributable to shareholders of the listed company increased by 3.36% to CNY 952,133,202.51[6] - Total liabilities as of March 31, 2019, were CNY 301,503,804.59, compared to CNY 192,878,172.80 at the end of 2018, reflecting a significant increase[20] - The company reported a total equity of CNY 841,654,211.18 as of March 31, 2019, slightly down from CNY 842,046,226.77 at the end of 2018[20] Cash Flow - The net cash flow from operating activities was negative CNY 5,997,104.30, a decline of 112.75% compared to the same period last year[6] - Net cash flow from operating activities decreased by 112.75% to -¥5,997,104.30 mainly due to increased material purchases[11] - Cash inflows from operating activities in Q1 2019 totaled CNY 387,934,031.96, up from CNY 345,328,103.79 in Q1 2018, marking an increase of about 12.3%[28] - Total cash inflow from operating activities was 177,708,314.09 RMB, while cash outflow was 253,251,881.83 RMB, resulting in a cash flow deficit[31] - Cash flow from investing activities was -68,156,610.38 RMB, compared to a positive cash flow of 15,708,143.10 RMB in the same period last year[29] - The company experienced a net decrease in cash and cash equivalents of -15,543,567.74 RMB during the quarter[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,307[8] Accounts and Receivables - Accounts receivable increased by 43.03% to ¥63,139,856.92 due to increased receivables from milk and student milk sales[10] - Accounts receivable increased to CNY 4,376,179.46 from CNY 3,635,331.46 year-over-year, indicating improved sales performance[19] Expenses - Total operating costs for Q1 2019 were CNY 308,848,021.97, up 16.5% from CNY 264,938,769.58 in Q1 2018[22] - R&D expenses decreased by 43.80% to ¥508,018.09 as the company slowed its R&D pace[10] - Management expenses for Q1 2019 were CNY 4,471,503.46, up from CNY 3,391,965.77 in Q1 2018, indicating a rise of about 31.9%[26] Other Financial Metrics - The company reported a loss of CNY 5,142,567.99 from the disposal of non-current assets, primarily due to the loss from the disposal of cattle by a subsidiary[6] - The company did not report any net profit from mergers under common control for the current or previous periods[23]