新疆众和(600888) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 1,170,242,970.46, representing a 6.66% increase year-on-year[16] - Net profit attributable to shareholders decreased by 3.50% to CNY 43,465,220.66 compared to the same period last year[16] - The company reported a significant increase in non-current asset disposal gains of CNY 10,021,932.18, primarily from government subsidies[18] - Investment income rose by 53.38% to CNY 26,293,515.91, primarily from the increased net profit of Xinjiang Tianchi Energy Co., Ltd.[24] - Other income surged by 100.50% to CNY 10,021,932.18, mainly due to an increase in government subsidies[24] - Total operating revenue for Q1 2019 was CNY 1,170,242,970.46, an increase of 6.5% compared to CNY 1,097,145,314.30 in Q1 2018[36] - Total operating costs for Q1 2019 were CNY 1,161,604,306.54, up from CNY 1,071,784,724.64 in Q1 2018, reflecting a year-over-year increase of 8.4%[36] - Net profit for Q1 2019 was CNY 44,323,440.12, a decrease of 2.7% from CNY 45,553,616.15 in Q1 2018[37] - Total comprehensive income for Q1 2019 was CNY 44,358,863.50, down from CNY 50,746,164.15 in Q1 2018, a decline of 12.5%[38] Cash Flow - Net cash flow from operating activities was negative at CNY -60,160,835.20, a decline of 132.66% year-on-year[16] - Cash inflow from operating activities in Q1 2019 was CNY 1,557,445,870.08, down from CNY 1,832,186,576.82 in Q1 2018, a decrease of about 15%[41] - Cash outflow from operating activities totaled CNY 1,617,606,705.28 in Q1 2019, compared to CNY 1,648,006,825.50 in Q1 2018, a decrease of approximately 1.8%[41] - Cash flow from investing activities in Q1 2019 resulted in a net outflow of CNY 56,527,343.04, compared to a net outflow of CNY 10,957,271.04 in Q1 2018[42] - Cash flow from financing activities in Q1 2019 was a net inflow of CNY 690,968,388.48, compared to CNY 337,340,785.04 in Q1 2018, indicating an increase of approximately 105%[42] - The company reported a net decrease in cash and cash equivalents of CNY 252,241,793.79, compared to a decrease of CNY 438,492,009.25 in the same period last year[45] Assets and Liabilities - Total assets increased by 7.20% to CNY 11,175,954,670.38 compared to the end of the previous year[16] - Cash and cash equivalents increased by 30.21% to CNY 2,581,388,318.03 due to increased borrowings[22] - Accounts receivable rose by 32.29% to CNY 395,938,718.28, attributed to business growth and delayed customer payments[22] - Current liabilities rose to CNY 4,645,997,441.54, compared to CNY 4,180,606,855.16 in the previous year[30] - Total liabilities rose to CNY 7,143,125,562.15, compared to CNY 6,419,094,237.42, marking an increase of approximately 11.27%[34] - Short-term borrowings increased to CNY 3,315,854,208.92 from CNY 2,695,773,597.50, a rise of about 23.06%[34] - Total assets reached CNY 10,709,333,246.11 as of March 31, 2019, up from CNY 9,928,766,330.78 at the end of 2018, representing a growth of approximately 7.85%[33] - Total liabilities amounted to CNY 6,771,280,450.99, with current liabilities at CNY 4,066,140,641.59 and non-current liabilities at CNY 2,590,673,595.83[49] Shareholder Information - The total number of shareholders at the end of the reporting period was 72,080, with the largest shareholder holding 27.22% of the shares[19] - Total equity attributable to shareholders reached CNY 3,626,407,943.56, compared to CNY 3,578,643,419.08, an increase of approximately 1.34%[34] - The total equity attributable to shareholders of the parent company was CNY 3,578,643,419.08[49] Expenses - Management expenses increased by 56.58% to CNY 34,870,637.38 due to stock incentive costs and employee compensation[24] - Research and development expenses for Q1 2019 were CNY 8,756,437.80, down from CNY 9,631,138.47 in Q1 2018, a decrease of 9.1%[36] - Financial expenses for Q1 2019 were CNY 59,835,551.49, a reduction from CNY 70,493,558.45 in Q1 2018, showing a decrease of 15.1%[36]