豪能股份(603809) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 38.41 million, down 17.89% year-on-year[6]. - Operating revenue for the period was CNY 248.71 million, a slight increase of 0.06% compared to the same period last year[6]. - Basic earnings per share decreased by 41.35% to CNY 0.2572 due to an increase in share capital[6]. - The weighted average return on equity decreased by 0.64 percentage points to 2.46%[6]. - Net profit for Q1 2019 was CNY 39.21 million, down from CNY 49.40 million in Q1 2018, indicating a decrease of 20.5%[28]. - The net profit attributable to shareholders of the parent company for Q1 2019 was CNY 114,844,468.14, an increase of 389.5% from CNY 23,384,291.87 in Q1 2018[32]. - The operating profit for Q1 2019 was CNY 117,464,080.16, compared to CNY 27,510,931.61 in Q1 2018, reflecting a significant increase[32]. - The total comprehensive income for Q1 2019 was CNY 39,209,641.77, compared to CNY 49,400,032.03 in Q1 2018[32]. Cash Flow - The net cash flow from operating activities increased significantly by 328.73% to CNY 53.60 million[6]. - Cash generated from operating activities increased by 328.73% to ¥53,595,849.89, due to an increase in cash receipts from bank deposits[15]. - Cash flow from operating activities for Q1 2019 was CNY 53,595,849.89, a substantial increase from CNY 12,500,949.70 in Q1 2018[34]. - The net cash flow from operating activities was -CNY 74,335,674.00, improving from -CNY 188,315,177.68 in the same period last year[37]. - The total cash outflow from operating activities was CNY 141,613,035.51, compared to CNY 251,400,327.94 in Q1 2018, indicating a reduction in cash outflow[37]. Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 2.40 billion, a decrease of 1.54% compared to the end of the previous year[6]. - The company's net assets attributable to shareholders increased by 2.49% to CNY 1.58 billion[6]. - Total liabilities decreased to ¥703,606,092.58 from ¥780,467,584.21, indicating improved financial stability[20]. - The company's total assets as of March 31, 2019, amounted to CNY 1.31 billion, compared to CNY 1.19 billion at the end of 2018, marking an increase of 9.9%[24]. - Current assets totaled CNY 879.08 million as of March 31, 2019, up from CNY 767.15 million at the end of 2018, reflecting a growth of 14.6%[24]. - The company's total liabilities were CNY 73.00 million as of March 31, 2019, compared to CNY 70.22 million at the end of 2018, showing an increase of 3.0%[25]. - The company's equity totaled CNY 1.23 billion as of March 31, 2019, an increase from CNY 1.12 billion at the end of 2018, representing a growth of 10.4%[25]. Expenses - Sales expenses decreased by 42.68% to ¥3,124,110.62, primarily due to reduced warehousing and transportation costs[14]. - Financial expenses decreased by 69.24% to ¥699,333.26, mainly due to increased foreign exchange gains[14]. - Asset impairment losses increased by 259.89% to ¥1,166,091.64, attributed to an increase in accounts receivable and higher bad debt provisions[14]. - Research and development expenses for Q1 2019 were CNY 7.22 million, compared to CNY 6.41 million in Q1 2018, indicating an increase of 12.7%[28]. Investment Activities - Investment income from associates and joint ventures turned negative at -¥626,536.22, reflecting losses from joint ventures[14]. - The company reported an investment income of CNY 2.76 million in Q1 2019, significantly higher than CNY 0.22 million in Q1 2018[28]. - The company reported investment income of CNY 102,755,268.67 for Q1 2019, significantly higher than CNY 220,632.01 in Q1 2018[32]. - Cash used in investing activities improved by 46.28% to -¥173,475,810.14, as some prior investment-related amounts were recovered[15]. - The company reported a total cash outflow from investment activities of CNY 228,564,598.09, which was higher than CNY 151,487,958.00 in Q1 2018[37]. Financial Position - Total assets amounted to ¥2,440,895,867.85, with non-current assets totaling ¥1,137,960,111.14[40]. - Shareholders' equity totaled ¥1,660,428,283.64, with retained earnings of ¥818,190,682.69[41]. - The company has a long-term debt of ¥32,297,113.03, indicating a manageable debt level[41]. - The company’s capital reserve was recorded at ¥509,445,009.68, contributing to overall equity strength[41]. - Total equity amounted to $1,117,427,445.45[45]. - Total liabilities and equity reached $1,187,643,209.16[45].