永吉股份(603058) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 17.41% to CNY 97,537,482.33 compared to the same period last year[7] - Net profit attributable to shareholders decreased by 32.40% to CNY 24,350,081.56 compared to the same period last year[7] - The basic earnings per share decreased by 33.33% to CNY 0.06 compared to the same period last year[7] - Total operating revenue for Q1 2019 was CNY 97,537,482.33, a decrease of 17.4% compared to CNY 118,103,512.19 in Q1 2018[24] - Net profit for Q1 2019 was CNY 24,253,457.62, a decline of 32.6% from CNY 36,043,297.94 in Q1 2018[25] - Earnings per share for Q1 2019 was CNY 0.06, compared to CNY 0.09 in Q1 2018[26] - The net profit for Q1 2019 was CNY 20,064,892.23, a decrease of 44.3% compared to CNY 35,967,521.65 in Q1 2018[29] - Operating profit for Q1 2019 was CNY 23,765,414.72, down from CNY 42,032,614.11 in the same period last year, representing a decline of 43.6%[29] Cash Flow and Liquidity - Net cash flow from operating activities was negative CNY 13,616,752.35, a decrease of 226.98% compared to the same period last year[7] - Cash flow from operating activities for Q1 2019 was negative at CNY -13,616,752.35, compared to a positive CNY 10,723,338.68 in Q1 2018[32] - Total cash inflow from operating activities was CNY 36,550,355.57, significantly lower than CNY 79,308,321.67 in Q1 2018, indicating a decrease of 53.9%[32] - Cash outflow from operating activities totaled CNY 50,167,107.92, down from CNY 68,584,982.99 in the previous year, a reduction of 26.9%[32] - The ending cash and cash equivalents balance for Q1 2019 was CNY 292,840,229.46, down from CNY 402,585,874.20 at the beginning of the period[34] - The company's cash and cash equivalents decreased to ¥292.84 million from ¥415.45 million at the end of 2018, representing a decline of approximately 29.5%[16] Assets and Liabilities - Total assets increased by 4.45% to CNY 1,051,701,681.95 compared to the end of the previous year[7] - Total assets as of the end of Q1 2019 were CNY 950,362,573.13, slightly down from CNY 964,472,368.07 at the end of Q1 2018[22] - The total liabilities of the company were ¥73.71 million, up from ¥69.74 million, marking an increase of approximately 5.7%[18] - Total liabilities for Q1 2019 amounted to CNY 64,094,059.89, a decrease of 4.9% from CNY 67,308,193.98 in Q1 2018[22] - Owner's equity totaled CNY 886,268,513.24 in Q1 2019, down from CNY 897,164,174.09 in Q1 2018[22] - The company's equity attributable to shareholders decreased to ¥925.73 million from ¥932.13 million, a decline of about 0.7%[18] Shareholder Actions - The company repurchased and canceled 4,735,600 shares of public stock, reducing the total share capital from 423,510,000 shares to 419,074,400 shares[11] - The company repurchased a total of 4.7356 million shares, accounting for 1.13% of the total share capital, with a total expenditure of approximately ¥50 million[13] Investments and Joint Ventures - The company established a joint venture, Guizhou Yongji Shenglong Packaging Co., Ltd., with a total investment of CNY 10 million, where Yongji New Materials holds 80%[12] - The company has initiated a partnership with Guangzhou Rundai Enterprise Management Co., Ltd. to establish a joint venture, although the agreement was later rescinded due to non-fulfillment of obligations by the counterparty[13] - The company plans to pursue legal action against the counterparty for breach of contract, with the outcome of the claims remaining uncertain[13] Other Financial Metrics - The weighted average return on equity decreased by 1.53 percentage points to 2.57%[7] - The company reported an investment income of CNY 1,029,654.91 in Q1 2019, down from CNY 3,033,757.89 in Q1 2018[25] - The company’s financial expenses for Q1 2019 showed a net income of CNY -1,593,678.79, compared to CNY -1,591,476.34 in Q1 2018[25] - The company reported a total cash outflow from investing activities of CNY 153,242,879.00, compared to CNY 230,801,315.90 in the previous year, indicating a decrease of 33.5%[34]