爱普股份(603020) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 1.77% to CNY 615,696,109.07 compared to the same period last year[6] - Net profit attributable to shareholders increased by 11.34% to CNY 29,308,891.84 compared to the same period last year[6] - Total operating revenue for Q1 2019 was CNY 615.70 million, a decrease of 1.75% compared to CNY 626.79 million in Q1 2018[27] - Net profit for Q1 2019 reached CNY 35.55 million, an increase of 16.5% from CNY 30.40 million in Q1 2018[29] - Total comprehensive income for Q1 2019 was CNY 19.40 million, compared to CNY 53.65 million in Q1 2018[34] - Net profit for Q1 2019 was CNY 19.40 million, down 63.8% from CNY 53.65 million in Q1 2018[34] Assets and Liabilities - Total assets increased by 0.95% to CNY 2,417,665,784.12 compared to the end of the previous year[6] - Current assets totaled CNY 1,813,396,038.86 as of March 31, 2019, compared to CNY 1,795,061,350.05 at the end of 2018, reflecting a slight increase of 1.0%[17] - Total liabilities decreased to CNY 220,683,187.89 from CNY 236,202,509.54, a decline of about 6.6%[19] - Total equity rose to CNY 2,196,982,596.23 from CNY 2,158,815,012.57, an increase of approximately 1.8%[19] - Total liabilities amounted to CNY 128.58 million in Q1 2019, compared to CNY 99.92 million in Q1 2018, indicating a rise of 28.8%[24] - The company reported a significant decrease of 34.83% in notes receivable due to the maturity of certain notes during the reporting period[13] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 8,793,643.88 compared to a negative CNY 129,995,414.29 in the previous year[6] - Cash flow from operating activities generated CNY 8.79 million, a significant improvement from a negative CNY 129.99 million in Q1 2018[38] - The company experienced a decrease in cash outflow for purchasing goods and services, which was ¥110,774,742.05 in Q1 2019, down from ¥133,571,947.42 in Q1 2018, a reduction of about 17.1%[40] - The total cash outflow from operating activities was ¥177,574,260.04, down from ¥237,713,157.76 in the previous year, indicating a decrease of about 25.3%[40] Research and Development - R&D expenses increased by 31.32% to CNY 11,431,886.12 due to increased investment in R&D by subsidiaries[14] - Research and development expenses increased to CNY 11.43 million in Q1 2019, up 31.4% from CNY 8.71 million in Q1 2018[27] - Research and development expenses increased to CNY 8.25 million, up 5.7% from CNY 7.80 million in Q1 2018[33] Shareholder Information - The number of shareholders reached 21,342 at the end of the reporting period[9] - The largest shareholder, Wei Zhonghao, holds 35.38% of the shares, totaling 113,220,000 shares[9] Financial Ratios - The weighted average return on equity increased by 0.08 percentage points to 1.46%[6] - Basic earnings per share for Q1 2019 were CNY 0.0916, compared to CNY 0.0823 in Q1 2018, reflecting a growth of 11.3%[29] - The gross profit margin for Q1 2019 was approximately 6.83%, compared to 5.99% in Q1 2018[27] Other Financial Information - The company has not reported any significant changes in its commitments or major events during the reporting period[14] - The company has implemented new financial and revenue recognition standards, which may impact future financial reporting and performance metrics[42] - The company has not made any retrospective adjustments to prior period comparative data under the new financial instrument standards[50]