嘉澳环保(603822) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 208,000,230.36, representing a year-on-year growth of 4.68%[6] - Net profit attributable to shareholders decreased by 40.38% to CNY 5,178,395.86, primarily due to routine maintenance of the biomass energy production line at the wholly-owned subsidiary Dongjiang Energy[6] - Basic and diluted earnings per share fell by 40.37% to CNY 0.0706, reflecting the decline in net profit[6] - The company's net profit attributable to shareholders decreased by 40.38% to RMB 5,178,395.86 compared to the same period last year, primarily due to routine maintenance affecting production and sales[13] - The net profit for Q1 2019 was ¥178,116.67, a significant decrease of 96.9% from ¥5,808,839.95 in Q1 2018[28] - The total profit for Q1 2019 was ¥215,445.45, a decrease of 96.8% from ¥6,715,815.85 in Q1 2018[27] Cash Flow - Cash flow from operating activities increased significantly by 650.66% to CNY 42,954,028.75, attributed to improved collection of operating receivables[6] - The company reported a net cash flow from operating activities of ¥42,954,028.75, compared to a negative cash flow of -¥7,800,431.47 in Q1 2018[30] - The net cash flow from operating activities was CNY 81,687,347.98, significantly higher than CNY 423,966.10 in the same period last year[35] - The total cash outflow from investing activities was CNY 25,368,287.21, a decrease of 85.1% from CNY 169,942,981.90 in Q1 2018[35] - The net cash flow from financing activities was -CNY 61,437,557.16, compared to -CNY 9,136,790.62 in Q1 2018, indicating increased cash outflows for debt repayment[35] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,442,915,969.78, a slight increase of 0.04% compared to the end of the previous year[6] - The total current assets decreased to RMB 724,538,849.74 from RMB 756,557,669.74 at the end of the previous year[18] - Total liabilities were CNY 659,812,242.56 as of March 31, 2019, slightly down from CNY 664,863,004.66 at the end of 2018[20] - The company's total liabilities were CNY 405,230,574.87, consistent with the previous year's figures, indicating stable financial leverage[38] - Total liabilities amounted to CNY 664,863,004.66, with non-current liabilities totaling CNY 259,632,429.79[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,461[10] - The largest shareholder, Tongxiang Shunchang Investment Co., Ltd., held 17.56% of the shares, totaling 12,880,000 shares[10] Inventory and Receivables - Other receivables rose by 127.25% to RMB 27,863,411.01, mainly due to an increase in tax refund receivables[12] - Prepayments decreased by 80.30% to RMB 17,644,839.61, attributed to reduced advance payments for procurement contracts[12] - The company's inventory increased to RMB 329,347,421.21, compared to RMB 256,057,798.39 in the previous year[18] - Accounts receivable increased to CNY 128,007,150.56 from CNY 87,076,608.24, reflecting a growth of approximately 47%[21] Financial Expenses - The company's financial expenses decreased by 34.20% to RMB 3,797,362.43, due to a reduction in loan amounts compared to the previous year[13] - The financial expenses for Q1 2019 were ¥5,091,209.27, an increase of 9.3% from ¥4,658,051.06 in Q1 2018[27] Legal Matters - The company is currently involved in a lawsuit related to the acquisition of Jiangyin Huachang Food Additives Co., Ltd., and will continue to monitor the situation closely[13]