原尚股份(603813) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue surged by 108.79% to CNY 245,254,819.58 from CNY 117,465,713.23 year-on-year[6] - Net profit attributable to shareholders increased by 52.14% to CNY 13,357,168.74 compared to CNY 8,779,288.32 in the same period last year[6] - Basic earnings per share rose by 36.36% to CNY 0.15 from CNY 0.11 year-on-year[6] - The company's operating revenue increased by 108.79% year-on-year, reaching CNY 245,254,819.58, primarily due to the growth in the Chongqing supply chain trading business[12] - The net profit for Q1 2019 reached CNY 8,883,199.33, representing a growth of 73.5% from CNY 5,132,335.09 in Q1 2018[29] - The total profit for Q1 2019 was CNY 10,416,108.08, up from CNY 6,022,419.79 in Q1 2018, reflecting strong operational performance[29] Cash Flow - Cash flow from operating activities improved significantly, reaching CNY 25,633,675.77, compared to a negative CNY 7,524,902.38 in the previous year[6] - The cash flow from operating activities for Q1 2019 was CNY 25,633,675.77, a significant improvement from a negative cash flow of CNY -7,524,902.38 in Q1 2018[32] - The net cash flow from operating activities was CNY 31,037,843.69, a significant recovery from a net outflow of CNY 56,339,289.79 in the same period last year[36] - The company received CNY 25,457,231.12 in other operating cash, a substantial increase from CNY 5,888,870.32 in Q1 2018[36] Assets and Liabilities - Total assets increased by 2.09% to CNY 812,153,927.18 compared to the end of the previous year[6] - The total assets of the company as of March 31, 2019, were CNY 812,153,927.18, up from CNY 795,539,548.85 at the end of 2018[18] - Total liabilities amounted to CNY 184,073,364.25, with current liabilities at CNY 173,235,030.96 and non-current liabilities at CNY 10,838,333.29[40] - The company’s total assets amounted to CNY 795,539,548.85 as of the end of Q1 2019, unchanged from the previous year[39] Shareholder Information - The total number of shareholders reached 10,179 by the end of the reporting period[10] - The largest shareholder, Yu Jun, holds 46.30% of the shares through Yuanshang Investment Holding Co., Ltd.[10] Operating Costs and Expenses - Operating costs rose by 123.19% year-on-year to CNY 211,540,828.38, mainly driven by increased costs in the Chongqing supply chain trading business[12] - The company’s tax expenses rose by 109.83% to CNY 2,839,231.49, driven by an increase in pre-tax profits[13] - The company’s financial expenses amounted to CNY 857,364.11, reflecting an increase in loan interest due to higher borrowing[12] Research and Development - Research and development expenses increased to CNY 4,405,807.09 from CNY 3,906,146.09, highlighting a commitment to innovation[25] - Research and development expenses for Q1 2019 totaled CNY 4,405,807.09, compared to CNY 3,906,146.09 in Q1 2018, indicating a focus on innovation[28] Other Income and Non-Recurring Items - The company reported a net non-recurring profit of CNY 84,066.93 for the period[9] - Other income increased by 1111.43% to CNY 424,000.01, mainly from government subsidies received[13] Financial Management - The company incurred financial expenses of CNY 906,387.29 in Q1 2019, compared to a financial income of CNY -136,322.55 in Q1 2018, indicating a shift in financial management[28] - The company executed the new financial instrument standards starting January 1, 2019, without the need for retrospective adjustments[44]