新潮能源(600777) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 291.30% to a loss of CNY 162.80 million compared to a profit of CNY 85.10 million in the same period last year[4] - Basic earnings per share decreased by 291.20% to a loss of CNY 0.0239 compared to earnings of CNY 0.0125 in the same period last year[4] - The company reported a net profit excluding non-recurring gains and losses of CNY -163.05 million, a decrease of 294.17% compared to CNY 83.98 million in the same period last year[4] - Net profit for Q1 2019 was a loss of CNY 162,804,460.09, compared to a profit of CNY 85,105,003.96 in Q1 2018, indicating a significant decline[18] - The company reported a gross profit margin decrease, with operating profit for Q1 2019 at a loss of CNY 203,984,175.73, compared to a profit of CNY 111,526,971.82 in Q1 2018[17] - The total comprehensive income for Q1 2019 was CNY -439,342,564.60, compared to CNY -336,881,550.90 in Q1 2018[18] Revenue and Costs - Operating revenue increased by 30.97% to CNY 1.27 billion compared to CNY 966.49 million in the same period last year[4] - Operating revenue grew by 30.97% year-on-year, driven by increased production and sales volume, as well as price and exchange rate factors[9] - Operating costs increased by 47.38% year-on-year, primarily due to higher production volumes and the impact of exchange rates[9] - Total operating revenue for Q1 2019 was CNY 1,265,799,678.01, an increase of 31.0% compared to CNY 966,491,317.18 in Q1 2018[17] - Total operating costs for Q1 2019 were CNY 839,942,854.11, up from CNY 827,076,377.08 in Q1 2018, representing a 1.1% increase[17] Cash Flow - Net cash flow from operating activities decreased by 18.41% to CNY 509.55 million compared to CNY 624.52 million in the same period last year[4] - The net cash flow from operating activities decreased by 18.41% year-on-year, mainly due to increased cash payments in operating activities compared to the previous period[9] - Cash inflow from operating activities totaled RMB 1,232,773,281.53, an increase of 25.5% compared to RMB 982,358,359.48 in the same period last year[21] - Net cash outflow from investing activities was RMB -1,231,579,487.83, compared to RMB -1,576,888,100.21 in the previous year, indicating a reduction in investment outflow[22] - Cash inflow from financing activities amounted to RMB 1,217,629,050.00, a significant increase from RMB 841,227,333.33 in the prior year[22] Assets and Liabilities - Total assets increased by 2.80% to CNY 25.44 billion compared to the end of the previous year[4] - Total current liabilities amounted to ¥2,732,904,062.04, an increase from ¥2,662,752,799.06 in the previous year, reflecting a growth of approximately 2.63%[14] - Long-term borrowings increased significantly to ¥2,659,732,500.00 from ¥1,465,293,200.00, representing an increase of approximately 81.91%[14] - Total liabilities reached ¥11,060,375,940.44, up from ¥9,927,461,382.02, indicating a growth of about 11.43%[14] - The company's total equity decreased to ¥12,385,858,220.40 from ¥12,388,993,286.24, reflecting a slight decline of approximately 0.02%[16] Shareholder Information - The top ten shareholders include Ningbo Guojin Sunshine Equity Investment Center holding 6.39% of shares[6] - The company has a total of 103,186 shareholders as of the end of the reporting period[7] Financial Management - Financial expenses decreased by 98.68% year-on-year, mainly due to early repayment of borrowings in the previous year[9] - The fair value change income (loss) increased by 2068.44% year-on-year, due to significant fluctuations in the fair value of the company's hedging contracts[9] - The company experienced a significant increase in management expenses, which rose to CNY 98,878,386.51 in Q1 2019 from CNY 72,530,941.28 in Q1 2018[17] - Financial expenses for Q1 2019 were CNY 3,301,897.47, a decrease from CNY 250,583,924.29 in Q1 2018, indicating improved financial management[17] Other Financial Metrics - Weighted average return on equity decreased by 1.73 percentage points to -1.10% compared to 0.63% in the same period last year[4] - Other comprehensive income after tax for Q1 2019 was CNY -276,538,104.51, compared to CNY -421,986,554.86 in Q1 2018[18] - The company reported a net loss in retained earnings of ¥1,164,765,179.49, compared to a loss of ¥1,161,630,113.65 in the previous period[16]