惠泉啤酒(600573) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥125,124,902.54, reflecting a 6.53% increase year-on-year[6]. - The net profit attributable to shareholders was a loss of ¥5,654,792.82, an improvement from a loss of ¥9,529,473.68 in the previous year[6]. - Net cash flow from operating activities significantly improved to ¥22,693,646.55, a 277.50% increase compared to the same period last year[6]. - Total operating revenue for Q1 2019 was CNY 125,124,902.54, an increase of 6.2% compared to CNY 117,452,713.93 in Q1 2018[19]. - Net loss for Q1 2019 was CNY 6,032,236.06, an improvement from a net loss of CNY 10,064,327.58 in Q1 2018[20]. - Operating profit for Q1 2019 was CNY -5,982,257.56, compared to CNY -10,039,521.29 in Q1 2018, indicating a reduction in losses[19]. - The net profit for Q1 2019 was ¥153,129.01, a significant recovery from a net loss of ¥1,706,546.22 in Q1 2018[22]. - The operating profit for Q1 2019 was ¥202,572.02, compared to an operating loss of ¥1,707,181.14 in the same period last year[22]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,217,576,479.07, a 0.65% increase compared to the previous year[6]. - Total current assets amounted to ¥781,894,575.78, an increase from ¥770,721,106.36 as of December 31, 2018, representing a growth of approximately 1.5%[12]. - Total non-current assets were reported at ¥435,681,903.29, down from ¥439,016,672.43, showing a decrease of about 0.8%[13]. - Current liabilities increased to ¥87,199,394.69 from ¥73,327,135.66, which is an increase of about 18.9%[14]. - The total liabilities amounted to ¥89,431,890.63, up from ¥75,560,954.29, indicating a rise of approximately 18.3%[14]. - The total equity attributable to shareholders decreased to ¥1,119,956,274.66 from ¥1,125,611,067.48, reflecting a decline of about 0.5%[14]. - Total liabilities as of Q1 2019 were CNY 53,332,256.85, compared to CNY 42,782,931.85 in Q1 2018, showing an increase of 24.6%[19]. - The total cash and cash equivalents at the end of Q1 2019 were ¥168,119,857.21, up from ¥141,331,681.33 at the end of Q1 2018[25]. Cash Flow - Cash and cash equivalents decreased by 72.46% to ¥168,119,857.21, primarily due to investments in bank financial products[10]. - The cash flow from operating activities for Q1 2019 was ¥22,693,646.55, a substantial increase from ¥6,011,551.54 in Q1 2018[24]. - The net cash flow from operating activities for Q1 2019 was ¥15,153,148.80, a significant improvement compared to a negative cash flow of ¥41,721.88 in Q1 2018, indicating a positive trend in operational efficiency[27]. - The total cash outflow from investment activities in Q1 2019 was ¥465,926,344.70, slightly higher than ¥463,761,079.93 in Q1 2018[25]. - The net cash flow from investment activities was -¥465,919,328.78, slightly worse than -¥460,954,137.95 in Q1 2018, suggesting continued high investment expenditures[27]. Research and Development - Research and development expenses amounted to ¥4,129,758.31, indicating a 100% increase due to higher investment in R&D[10]. - Research and development expenses for Q1 2019 amounted to CNY 4,129,758.31, indicating ongoing investment in innovation[19]. - The research and development expenses for Q1 2019 were ¥4,129,758.31, indicating ongoing investment in innovation[22]. Shareholder Information - The company had a total of 13,516 shareholders at the end of the reporting period[8]. - The company's total equity was reported at ¥1,134,176,824.50, reflecting a consistent equity base[31].