水星家纺(603365) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue increased by 0.75% to CNY 601,296,605.34 year-on-year[5] - Net profit attributable to shareholders increased by 4.22% to CNY 75,571,071.35 compared to the same period last year[5] - Basic and diluted earnings per share increased by 3.70% to CNY 0.28[5] - Total operating revenue for Q1 2019 was CNY 601,296,605.34, a slight increase of 0.84% compared to CNY 596,794,109.63 in Q1 2018[23] - Operating profit for Q1 2019 was CNY 78,327,880.19, down from CNY 88,036,396.67 in Q1 2018, indicating a decrease of 11.5%[23] - Net profit attributable to shareholders for Q1 2019 was CNY 700,299,635.21, an increase from CNY 636,179,421.35 in Q1 2018, representing a growth of 10.5%[20] - The net profit for Q1 2019 was CNY 60,996,637.51, down from CNY 63,199,362.82 in Q1 2018, indicating a decrease of about 3.5%[26] - The total profit for Q1 2019 was CNY 72,116,731.72, slightly lower than CNY 74,383,433.57 in Q1 2018, indicating a decrease of approximately 3.4%[25] Assets and Liabilities - Total assets decreased by 4.70% to CNY 2,636,977,446.29 compared to the end of the previous year[5] - Total assets as of March 31, 2019, were CNY 2,280,073,102.99, a decrease from CNY 2,391,430,352.83 at the end of 2018[20] - Total liabilities as of March 31, 2019, were CNY 297,449,660.51, down from CNY 473,104,662.32 at the end of 2018, showing a reduction of 37.1%[20] - Total current liabilities decreased to ¥358,037,268.27 from ¥567,603,090.16, indicating improved liquidity[16] - Total liabilities reached ¥579,666,540.13, reflecting a decrease of ¥468,908.30 from the last report[33] Cash Flow - Cash flow from operating activities was negative at CNY -111,350,095.66, compared to CNY -87,122,129.97 in the previous year[5] - Cash flow from operating activities was CNY 691,471,173.99 in Q1 2019, up from CNY 662,848,124.95 in Q1 2018, showing an increase of approximately 4.3%[27] - Operating cash inflow for Q1 2019 was CNY 713,605,034.22, an increase from CNY 668,119,470.84 in Q1 2018, representing a growth of approximately 6.5%[28] - The company reported a net cash increase of -CNY 94,108,119.82 for the quarter, compared to -CNY 605,057,260.80 in the same period last year, indicating an improvement in cash management[29] Shareholder Information - The number of shareholders reached 15,922 at the end of the reporting period[10] - The largest shareholder, Mercury Holdings Group Co., Ltd., holds 40.42% of the shares[10] Other Financial Metrics - Cash and cash equivalents decreased to CNY 451,458,770.36 from CNY 525,254,102.59, a decline of 13.98%[18] - The weighted average return on equity decreased by 0.1 percentage points to 3.40%[5] - Non-recurring gains and losses totaled CNY 16,924,969.16 for the reporting period[9] - Trading financial assets increased to ¥514,488,383.56, a 100% increase due to a change in accounting standards[12] - Employee compensation payable decreased by 40.66% to ¥33,100,042.55, attributed to the payment of year-end bonuses[13] - Tax payable decreased by 60.74% to ¥35,956,283.79, mainly due to tax payments from the previous quarter[13] - The company reported a research and development expense of CNY 10,755,837.33 for Q1 2019, compared to CNY 10,206,421.63 in Q1 2018, reflecting an increase of 5.37%[23] - The company's sales expenses rose to CNY 51,504,470.92 in Q1 2019 from CNY 35,495,605.06 in Q1 2018, representing an increase of about 45.2%[25] Changes in Financial Reporting - The company has adopted new financial instrument standards effective January 1, 2019, impacting the presentation of financial statements[37]