江河集团(601886) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was CNY 114,818,690.40, an increase of 20.35% year-on-year[8]. - Operating revenue for the period was CNY 3,053,378,363.39, reflecting a growth of 0.84% compared to the same period last year[8]. - Basic earnings per share increased by 25.00% to CNY 0.10 from CNY 0.08 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was CNY 114,265,375.96, up 22.97% year-on-year[8]. - Total operating revenue for Q1 2019 was RMB 3,053,378,363.39, a slight increase of 0.84% compared to RMB 3,027,955,088.69 in Q1 2018[24]. - Net profit for Q1 2019 reached RMB 115,100,902.23, representing an increase of 2.0% from RMB 111,889,531.15 in Q1 2018[25]. - Operating profit for Q1 2019 was RMB 133,507,958.96, down 7.0% from RMB 143,600,086.39 in Q1 2018[24]. - Total profit for Q1 2019 was RMB 132,552,052.28, a decrease of 10.2% from RMB 147,695,248.13 in Q1 2018[24]. Cash Flow - The net cash flow from operating activities was CNY -992,638,429.54, compared to CNY -804,435,417.01 in the same period last year[8]. - The company's cash flow from operating activities for the year-to-date was -992,638,429.54 RMB, compared to -804,435,417.01 RMB in the previous year, indicating a significant decline[15]. - In Q1 2019, the company reported a net cash flow from operating activities of -992,638,429.54 RMB, compared to -804,435,417.01 RMB in Q1 2018, indicating a decline of approximately 23.4% year-over-year[30]. - Total cash inflow from operating activities was 3,867,495,384.36 RMB, down from 4,136,531,056.73 RMB in the same period last year, representing a decrease of about 6.5%[30]. - The company experienced a cash outflow of 4,860,133,813.90 RMB in operating activities, slightly lower than 4,940,966,473.74 RMB in Q1 2018, a reduction of approximately 1.6%[30]. - The company recorded a net cash flow from investing activities of -106,625,630.79 RMB in Q1 2019, worsening from -54,153,626.82 RMB in Q1 2018, indicating a decline of approximately 96.9%[30]. - Cash inflow from financing activities totaled 1,083,329,502.27 RMB, down from 1,372,387,221.49 RMB in Q1 2018, a decrease of about 21.1%[30]. - The company reported a net cash outflow from financing activities of -249,988,793.69 RMB in Q1 2019, contrasting with a net inflow of 8,471,381.73 RMB in Q1 2018[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,592,003,732.74, a decrease of 6.22% compared to the end of the previous year[8]. - The total number of shareholders at the end of the reporting period was 24,288[11]. - The total liabilities decreased from 27,288,722,479.43 RMB at the beginning of the year to 25,592,003,732.74 RMB at the end of the reporting period, reflecting a reduction of approximately 6.22%[19]. - Total liabilities decreased from ¥18,406,592,559.70 to ¥16,541,152,966.09, a reduction of approximately 10%[20]. - Total equity increased from ¥8,882,129,919.73 to ¥9,050,850,766.65, reflecting a growth of about 1.9%[20]. - Total current assets decreased from 21,664,324,331.15 RMB to 19,988,345,329.90 RMB, a decline of about 7.76%[17]. - The company's total non-current assets slightly decreased from 5,624,398,148.28 RMB to 5,603,658,402.84 RMB, indicating a minor reduction[19]. - Total current assets decreased from ¥4,155,502,600.21 to ¥4,055,181,566.34, a decline of approximately 2.4%[22]. - Total non-current assets remained relatively stable, decreasing slightly from ¥4,667,006,518.83 to ¥4,666,586,673.20[22]. - Total assets decreased from ¥8,822,509,119.04 to ¥8,721,768,239.54, a decline of about 1.1%[22]. - Total equity attributable to shareholders increased from ¥7,617,762,697.44 to ¥7,776,477,204.77, reflecting a growth of approximately 2.1%[20]. Expenses and Investments - The company's employee compensation payable decreased by 64.96%, from 341,068,889.41 RMB to 119,497,366.01 RMB, primarily due to payments made during the reporting period[13]. - The management expenses increased by 34.72%, rising from 164,132,254.31 RMB to 221,116,603.52 RMB, mainly due to increased employee compensation[13]. - R&D expenses in Q1 2019 amounted to RMB 99,292,971.75, a 29.7% increase from RMB 76,496,898.84 in Q1 2018[24]. - The company received government subsidies amounting to CNY 5,400,736.07 during the reporting period[10]. - The fair value change income was reported at -7,394,523.41 RMB, reflecting the impact of new financial instrument standards on stock price fluctuations[13]. Strategic Outlook - The company aims to enhance its market position through strategic investments and potential acquisitions in the upcoming quarters[30].