嘉泽新能(601619) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 241,470,907.85, representing a year-on-year increase of 5.99%[18] - Net profit attributable to shareholders was CNY 45,401,472.89, down 8.14% from the previous year[18] - Basic earnings per share were CNY 0.0235, a decrease of 8.20% compared to the previous year[18] - The company's net profit for Q1 2019 was CNY 184,158,820.28, compared to CNY 172,915,901.58 in Q1 2018, reflecting a growth of approximately 6.3%[52] - The company's operating revenue for Q1 2019 was ¥84,861,258.24, a decrease of 16.7% compared to ¥101,821,881.67 in Q1 2018[59] - The net profit for Q1 2019 was ¥12,492,131.89, down 51.9% from ¥25,975,590.43 in Q1 2018[62] - The total profit for Q1 2019 was ¥14,139,653.35, a decline of 50.7% compared to ¥28,660,033.07 in Q1 2018[62] Cash Flow - Net cash flow from operating activities was CNY 76,924,636.29, an increase of 34.72% compared to the same period last year[18] - Cash inflow from operating activities for Q1 2019 was CNY 105,097,732.54, up from CNY 69,235,808.07 in Q1 2018, representing a growth of approximately 51.8%[66] - Net cash flow from operating activities for Q1 2019 was CNY 76,924,636.29, compared to CNY 57,100,575.29 in Q1 2018, indicating an increase of about 34.5%[66] - Cash outflow from operating activities in Q1 2019 was CNY 20,314,580.02, compared to CNY 9,201,153.48 in Q1 2018, indicating an increase of approximately 120.5%[70] - Cash inflow from financing activities for Q1 2019 was CNY 24,000,000.00, while cash outflow was CNY 185,603,060.79, resulting in a net cash flow of -CNY 185,603,060.79[68] Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,738,219,744.29, a decrease of 0.57% compared to the end of the previous year[18] - Total current assets increased to ¥1,675,042,591.85 from ¥1,619,543,311.40, driven by changes in receivables and prepayments[41] - Total liabilities decreased to CNY 6,045,318,641.41 in Q1 2019 from CNY 6,141,239,478.39 in Q4 2018, a reduction of approximately 1.6%[46] - Non-current liabilities totaled CNY 4,976,085,910.63 in Q1 2019, down from CNY 5,064,778,450.63 in Q4 2018, indicating a decrease of about 1.7%[46] - The total equity attributable to shareholders increased to CNY 2,692,901,102.88 in Q1 2019 from CNY 2,647,499,629.99 in Q4 2018, representing a growth of approximately 1.7%[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 63,124[24] - Major shareholder Goldman's stake was 11.78%, with no pledged shares[24] Other Financial Metrics - The weighted average return on equity decreased to 1.70%, down 0.31 percentage points from the previous year[18] - The company reported a non-operating income of CNY 363.45, after accounting for taxes and other expenses[20] - The company had no minority shareholder losses during the current period, compared to a loss of -¥187.50 in the previous year[32] - The company reported a 100% increase in asset disposal gains to ¥579.21 from ¥0, resulting from the disposal of fixed assets[32] Changes in Financial Position - Cash and cash equivalents decreased by 34.21% to ¥239,485,742.72 from ¥364,024,386.52 due to repayment of bank loans[32] - Prepayments increased significantly by 1409.33% to ¥3,324,308.14 from ¥220,250.18, primarily due to an increase in advance project payments[32] - Other non-current financial assets rose by 39.47% to ¥20,000,000.00 from ¥14,340,000.00, attributed to new investments made during the period[32] - The company has completed the use of previously raised funds, and the fundraising account has been canceled[35] Accounting Standards - The company adopted new financial accounting standards effective January 1, 2019, impacting the classification and measurement of financial instruments[89] - The adjustment of previously available-for-sale financial assets to other non-current financial assets was noted[89] - The company has implemented new financial accounting standards without retrospective adjustments to prior financial statements[90]