ST花王(603007) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue rose by 23.96% to CNY 253,020,278.81 year-on-year[6] - Net profit attributable to shareholders increased by 51.98% to CNY 24,091,463.13 compared to the same period last year[6] - Basic earnings per share rose by 40.00% to CNY 0.07[6] - Net profit for Q1 2019 reached CNY 22,213,575.49, representing a 48.5% increase from CNY 14,953,549.62 in Q1 2018[22] - Operating profit for Q1 2019 was CNY 27,986,386.42, compared to CNY 17,810,988.06 in Q1 2018, marking a growth of 57.5%[22] - The company reported a total profit of CNY 32,651,397.79 for Q1 2019, compared to CNY 20,882,253.74 in Q1 2018[23] - Net profit for Q1 2019 was CNY 27,495,857.39, up 54.3% from CNY 17,820,344.90 in Q1 2018[24] Assets and Liabilities - Total assets increased by 5.57% to CNY 3,628,246,935.60 compared to the end of the previous year[6] - The total liabilities of the company were CNY 2,430,066,264.28, up from CNY 2,263,199,582.75 at the end of 2018[16] - The company's equity increased to CNY 1,198,180,671.32 from CNY 1,173,478,449.90, showing a growth of approximately 2.1%[16] - Total liabilities for Q1 2019 were CNY 2,099,093,070.68, up from CNY 1,877,160,343.91 in Q1 2018, reflecting a growth of 11.8%[20] - The total equity for Q1 2019 was CNY 1,040,236,240.76, compared to CNY 1,011,866,074.45 in Q1 2018, showing an increase of 2.8%[20] Cash Flow - Net cash flow from operating activities was negative at CNY -213,423,218.20, worsening from CNY -201,010,554.39 in the previous year[6] - The net cash flow from operating activities for Q1 2019 was -CNY 213,423,218.20, compared to -CNY 201,010,554.39 in Q1 2018[26] - Cash inflow from operating activities in Q1 2019 was CNY 254,655,496.78, a significant increase from CNY 107,152,835.13 in Q1 2018, representing a growth of approximately 137.5%[29] - Net cash flow from financing activities in Q1 2019 was CNY 333,379,231.90, slightly up from CNY 317,060,264.18 in Q1 2018[30] Research and Development - Research and development expenses grew by 104.60% year-on-year, reflecting increased investment in R&D[11] - Research and development expenses increased to CNY 10,289,837.80 in Q1 2019, up from CNY 5,029,192.11 in Q1 2018, indicating a rise of 104.9%[21] - Research and development expenses increased significantly to CNY 7,255,365.66, up 149.5% from CNY 2,905,301.69 in Q1 2018[23] Investments - Long-term equity investments surged by 153.47% due to payments made for investments in various companies[10] - Long-term investments in equity rose to CNY 404,009,549.80 from CNY 159,390,829.80, indicating a strategic shift towards equity investments[15] - The company reported an investment income of CNY 10,254,943.02 in Q1 2019, significantly higher than CNY 420,119.75 in Q1 2018[21] Borrowings - Short-term borrowings increased by 184.71%, attributed to funding for construction projects and supplier payments[10] - Short-term borrowings rose significantly to CNY 581,100,000.00 from CNY 204,100,000.00, reflecting a substantial increase in leverage[15] - The company’s short-term borrowings increased to CNY 531,100,000.00 in Q1 2019, compared to CNY 174,100,000.00 in Q1 2018, indicating a rise of 205.4%[20] Shareholder Information - The number of shareholders reached 23,068, with the top ten shareholders holding 40.76% of the shares[9] Miscellaneous - The company reported a net profit warning for the upcoming period, indicating potential losses or significant changes compared to the previous year[12] - The company has not disclosed any new product developments or market expansion strategies in this report[12] - The company has implemented new financial instrument accounting standards effective January 1, 2019, impacting the reporting of available-for-sale financial assets[39]