康隆达(603665) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 237,337,773.57, representing a growth of 16.87% year-on-year[6]. - Net profit attributable to shareholders of the listed company was CNY 16,487,899.67, an increase of 0.85% compared to the same period last year[6]. - Basic and diluted earnings per share were both CNY 0.16, down 5.88% from the previous year[6]. - The company reported a decrease in net profit from non-recurring gains and losses of 16.79% compared to the previous year[6]. - Total operating revenue for Q1 2019 was CNY 237.34 million, an increase of 16.83% compared to CNY 203.08 million in Q1 2018[21]. - Net profit for Q1 2019 was CNY 16.98 million, slightly down by 0.09% from CNY 16.99 million in Q1 2018[23]. - The net profit attributable to shareholders of the parent company was CNY 16.49 million, an increase of 0.85% from CNY 16.35 million in Q1 2018[23]. - Total profit for the parent company in Q1 2019 was CNY 15.17 million, up 6.83% from CNY 14.20 million in Q1 2018[25]. - Total comprehensive income for Q1 2019 was CNY 13,554,743.09, compared to CNY 12,302,745.34 in Q1 2018, reflecting an increase of approximately 10.2%[26]. Cash Flow - Net cash flow from operating activities was CNY 4,260,274.60, a significant decrease of 88.17% compared to the previous year[6]. - Cash inflow from operating activities in Q1 2019 was CNY 272,148,757.45, up from CNY 232,047,732.86 in Q1 2018, representing a growth of about 17.3%[27]. - Net cash flow from operating activities decreased to CNY 4,260,274.60 in Q1 2019 from CNY 35,997,578.14 in Q1 2018, indicating a decline of approximately 88.2%[27]. - Cash inflow from financing activities was CNY 2,568,654.05 in Q1 2019, compared to CNY 40,000,000.00 in Q1 2018, indicating a decrease of about 93.6%[29]. - The company reported a net decrease in cash and cash equivalents of CNY 90,632,447.70 in Q1 2019, contrasting with an increase of CNY 120,602,453.93 in Q1 2018[28]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,304,470,555.07, a decrease of 2.23% compared to the end of the previous year[6]. - Total current assets decreased from ¥688,913,584.32 to ¥663,750,156.65, reflecting a reduction in cash and cash equivalents[15]. - Total liabilities decreased from ¥324,677,313.00 to ¥279,329,844.93, a decline of around 14.0%[17]. - Current liabilities decreased from ¥299,547,058.04 to ¥253,864,505.35, a reduction of about 15.3%[16]. - Total non-current assets decreased from ¥474,431,034.21 to ¥467,615,013.08, a decline of approximately 1.6%[19]. - Total assets reached CNY 1,334,177,544.37, with non-current assets accounting for CNY 645,263,960.05[31]. - Total liabilities were reported at CNY 324,677,313.00, with current liabilities totaling CNY 299,547,058.04[32]. Shareholder Information - The total number of shareholders at the end of the reporting period was 8,086[10]. - The largest shareholder, Shaoxing Shangyu Dongda Knitting Co., Ltd., held 36,629,166 shares, accounting for 36.63% of the total shares[10]. Research and Development - Research and development expenses increased by 44.67% to ¥8,095,637.44, driven by intensified investment in new product development[13]. - R&D expenses for Q1 2019 were CNY 8.10 million, representing a 44.67% increase from CNY 5.60 million in Q1 2018[21]. - The company plans to continue expanding its product development efforts and market presence in the upcoming quarters[13]. Financial Standards and Adjustments - The company adopted new financial instrument standards starting January 1, 2019, impacting the classification of certain financial assets and liabilities[33]. - The company executed a new financial instrument standard starting January 1, 2019, reclassifying certain financial assets and liabilities[37]. - The company did not apply retrospective adjustments for the new financial instrument and lease standards[38].