新澳股份(603889) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue rose by 37.80% to CNY 717,005,382.90 from CNY 520,308,955.57 in the same period last year[8] - Net profit attributable to shareholders increased by 38.01% to CNY 48,783,136.65, up from CNY 35,348,790.11 year-on-year[8] - Basic earnings per share increased by 33.33% to CNY 0.12 from CNY 0.09[8] - Total operating revenue for Q1 2019 reached ¥717,005,382.90, a 37.7% increase from ¥520,308,955.57 in Q1 2018[28] - Net profit for Q1 2019 was ¥49,168,830.32, representing a 39.1% increase compared to ¥35,332,907.85 in Q1 2018[29] - Total profit for Q1 2019 was ¥56,329,873.18, an increase of 28.8% from ¥43,721,971.92 in Q1 2018[29] Assets and Liabilities - Total assets increased by 4.22% to CNY 3,166,752,419.21 compared to the end of the previous year[8] - Current liabilities rose to ¥740,182,899.80 from ¥660,682,835.80, marking an increase of about 12%[23] - The company's total equity reached ¥2,419,941,262.00, up from ¥2,371,006,060.98, indicating a growth of approximately 2%[24] - Total liabilities amounted to ¥746,811,157.21, compared to ¥667,573,845.71, indicating an increase of about 11.9%[23] - Total assets amounted to $2,396,962,077.04, with current assets at $1,271,566,607.04 and non-current assets at $1,125,395,470.00[45] - Total liabilities were reported at $422,988,637.60, with current liabilities totaling $417,074,291.77 and non-current liabilities at $5,914,345.83[46] Cash Flow - The net cash flow from operating activities improved by 63.01%, reaching CNY -54,965,592.11 compared to CNY -148,604,849.09 in the previous year[8] - The cash flow from financing activities surged by 760.19% to ¥151,586,169.09, up from ¥17,622,371.04, primarily due to increased bank borrowings[17] - The company reported a net cash inflow from operating activities of CNY 39,054,536.40 in Q1 2019, a significant recovery from CNY -150,934,555.22 in Q1 2018[39] - Cash inflows from financing activities totaled CNY 242,460,318.94, up 36.5% from CNY 177,662,902.84 in Q1 2018[37] Shareholder Information - The number of shareholders reached 12,398 at the end of the reporting period[12] - The largest shareholder, Zhejiang Xin'ao Industrial Co., Ltd., holds 31.09% of the shares[12] Research and Development - Research and development expenses increased by 50.41% to ¥19,524,954.35, up from ¥12,981,049.37, indicating a significant investment in innovation[16] - Research and development expenses increased to ¥19,524,954.35 in Q1 2019, a 50.8% rise from ¥12,981,049.37 in Q1 2018[28] Risks and Monitoring - The company faced risks related to raw material price fluctuations, particularly wool, which could adversely affect production and operations[18] - The company is closely monitoring foreign exchange rate fluctuations, as they impact financial performance due to imports and exports[18] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 10,839,529.95 after tax adjustments[14] - Government subsidies recognized in the current period totaled CNY 6,535,552.16[10] - The company reported a significant increase in accounts receivable, totaling ¥334,326,492.91, a 64.57% rise from ¥203,147,673.67, attributed to increased sales[16] - Short-term borrowings increased by 58.37% to ¥417,472,537.77, up from ¥263,601,900.98, reflecting higher bank loans during the period[16]