恒润股份(603985) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was ¥263,875,986.35, representing a year-on-year growth of 21.43%[12] - Net profit attributable to shareholders was ¥22,921,372.85, a decrease of 14.82% compared to the same period last year[12] - Basic earnings per share decreased by 34.46% to ¥0.2204 from ¥0.3363 in the same period last year[12] - The weighted average return on equity was 2.06%, down by 0.58 percentage points from the previous year[12] - Total operating revenue for Q1 2019 was CNY 263,875,986.35, an increase from CNY 217,303,685.38 in Q1 2018, representing a growth of approximately 21.5%[41] - Net profit for Q1 2019 was CNY 20,493,926.77, down from CNY 26,907,925.38 in Q1 2018, reflecting a decrease of approximately 23.7%[43] - Total profit for Q1 2019 was CNY 24,473,090.17, down from CNY 31,604,176.71 in Q1 2018, representing a decrease of about 22.6%[41] - Basic earnings per share for Q1 2019 were CNY 0.2204, compared to CNY 0.3363 in Q1 2018, a decline of approximately 34.5%[43] Cash Flow - The net cash flow from operating activities was -¥95,022,552.68, showing a significant decline from -¥44,532,937.77 in the previous year[12] - Cash flow from operating activities showed a net outflow of ¥95,022,552.68, compared to a net outflow of ¥44,532,937.77 in the previous year[22] - Cash inflow from operating activities was CNY 250,481,660.29, an increase from CNY 169,336,692.99 year-over-year[49] - Cash outflow from operating activities totaled CNY 345,504,212.97, up from CNY 213,869,630.76 in the previous year[52] - The net cash flow from financing activities improved by 186.08% to ¥79,665,401.92, primarily due to increased bank loans[22] - Cash inflow from financing activities was CNY 131,325,446.98, significantly higher than CNY 27,856,080.00 in the first quarter of 2018[52] - The net cash flow from financing activities was CNY 79,665,401.92, compared to CNY 27,847,119.42 in the previous year[52] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,825,251,254.27, an increase of 2.85% compared to the end of the previous year[12] - Total liabilities increased to ¥645,498,533.70, up from ¥615,749,276.90, representing a growth of approximately 4.1%[31] - Total equity attributable to shareholders rose to ¥1,124,711,836.62, compared to ¥1,101,442,691.36, reflecting an increase of about 2.1%[31] - Total current assets increased to ¥304,427,589.81 from ¥263,498,263.55, representing a growth of about 15.5%[35] - Total non-current assets slightly decreased to ¥756,921,796.25 from ¥758,448,537.08, a decline of approximately 0.2%[35] - Total liabilities were reported at ¥615,749,276.90, with current liabilities accounting for ¥511,908,266.58[63] - The company’s total liabilities include long-term borrowings of $88,000,000.00 and deferred income of $1,000,000.00[70] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,771[15] - The largest shareholder, Cheng Lixin, holds 36.00% of the shares, amounting to 37,440,000 shares, which are pledged[15] Research and Development - R&D expenses surged by 102.31% to ¥12,104,680.11, reflecting increased investment in research and development[20] - Research and development expenses increased to CNY 12,104,680.11 in Q1 2019 from CNY 5,983,314.19 in Q1 2018, marking a rise of about 102%[41] Financial Pressures - The company reported a non-operating income and expenses of -¥19,842.53, indicating additional financial pressures[14] - The company reported a significant increase in financial expenses, which rose to CNY 8,100,641.00 in Q1 2019 from CNY 3,238,158.50 in Q1 2018, an increase of approximately 150%[41] Government Subsidies - The company received government subsidies amounting to ¥1,836,052.02, closely related to its normal business operations[14] - Other income rose significantly by 1,412.09% to ¥1,836,052.02, mainly from increased government subsidies[20]