吉林化纤(000420) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥680,222,230.51, representing a 17.48% increase compared to ¥578,992,319.14 in the same period last year[10] - Net profit attributable to shareholders was ¥18,860,789.91, an increase of 81.68% from ¥10,381,273.52 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥18,348,598.63, up 116.63% from ¥8,469,995.65 in the previous year[10] - Basic earnings per share rose to ¥0.0096, an increase of 81.13% from ¥0.0053 year-on-year[10] - The total profit for the current period was ¥21,036,496.99, compared to ¥9,916,414.80 in the previous period, marking a significant increase of 112.67%[61] - The company's operating profit was ¥21,237,411.18, which is a substantial rise from ¥10,362,822.94 in the prior period, indicating an increase of 104.06%[61] - The company reported a total comprehensive income of ¥21,783,116.70, significantly higher than ¥10,023,856.07 in the previous period, reflecting an increase of 117.54%[61] Cash Flow - The net cash flow from operating activities was ¥8,257,871.48, a 38.66% increase compared to ¥5,955,386.38 in the same period last year[10] - Cash flow from operating activities was ¥341,463,110.15, compared to ¥329,824,015.43 in the previous period, showing a modest increase[69] - Operating cash inflow totaled $376,869,757.87, an increase from $363,624,971.69 in the previous period, reflecting a growth of approximately 0.34%[71] - Operating cash outflow amounted to $368,611,886.39, compared to $357,669,585.31 in the prior period, indicating an increase of about 3.3%[71] - Cash inflow from financing activities reached $821,804,111.12, significantly higher than $382,874,524.97 in the previous period, marking an increase of about 114.5%[74] - Cash outflow from financing activities was $780,872,754.70, compared to $256,061,802.46, reflecting a rise of approximately 205.5%[74] - Net cash flow from financing activities was $40,931,356.42, down from $126,812,722.51, indicating a decrease of about 67.7%[74] - Cash inflow from investment activities was $777,560.00, compared to $462,000.00, showing an increase of about 68.3%[77] - Cash outflow from investment activities totaled $63,023,952.37, down from $70,009,838.83, indicating a decrease of approximately 9.4%[77] - The company reported a net cash flow from investment activities of -$62,246,392.37, an improvement from -$69,547,838.83 in the previous period, reflecting a reduction in losses of about 10.5%[77] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,539,091,897.71, reflecting a 5.59% increase from ¥7,140,258,060.55 at the end of the previous year[10] - Total liabilities as of March 31, 2019, were CNY 4,598,028,866.34, up from CNY 4,220,978,145.88 at the end of 2018, reflecting an increase of approximately 8.93%[42] - The total assets of the company reached CNY 7,539,091,897.71, compared to CNY 7,140,258,060.55 at the end of 2018, showing an increase of approximately 5.59%[39] - The company's long-term borrowings increased significantly to CNY 347,500,000.00 from CNY 97,500,000.00, indicating a rise of about 255.13%[42] - The company's equity attributable to shareholders rose to ¥3,040,240,982.41, up from ¥3,025,953,156.71, a slight increase of 0.5%[53] - Total liabilities increased to ¥4,463,578,517.76 from ¥4,099,286,826.38, representing a rise of 8.9%[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,273[14] - The company has ongoing commitments related to share lock-up agreements, with certain commitments still in progress as of the reporting period[24] Expenses - Total operating costs amounted to ¥659,539,998.83, up from ¥571,175,866.70, reflecting a year-over-year increase of 15.4%[54] - The company's net profit margin for the quarter was impacted by increased financial expenses, which rose to ¥51,736,877.80 from ¥25,044,169.61, a significant increase of 106.9%[54] - Research and development expenses for the current period were ¥1,390,462.56, slightly down from ¥1,454,650.03 in the previous period[62] - The financial expenses increased to ¥50,148,513.11 from ¥24,306,028.07, primarily due to higher interest expenses of ¥36,257,800.02 compared to ¥22,715,324.03 last year[62] Current Assets - As of March 31, 2019, the total current assets amounted to CNY 1,949,998,063.91, an increase from CNY 1,763,956,008.71 at the end of 2018, reflecting a growth of approximately 10.55%[36] - The company's cash and cash equivalents were CNY 574,302,369.03, slightly down from CNY 589,730,132.07 at the end of 2018, indicating a decrease of about 2.43%[36] - Accounts receivable increased to CNY 456,502,653.01 from CNY 387,294,735.09, representing a growth of approximately 17.87%[36] - Inventory levels rose to CNY 489,064,740.79, compared to CNY 477,535,342.44 at the end of 2018, marking an increase of about 2.66%[36] - The company reported a decrease in prepayments to CNY 62,119,715.64 from CNY 84,607,355.94, reflecting a decline of about 26.67%[42]