盛达资源(000603) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥565,244,848.65, representing an increase of 89.93% compared to the same period last year, which was ¥170,073,291.89[10] - The net profit attributable to shareholders for Q1 2019 was ¥97,289,387.71, a year-on-year increase of 9.57% from ¥67,158,937.64[10] - The basic earnings per share for Q1 2019 was ¥0.1410, up 9.56% from ¥0.10 in the same period last year[10] - Operating revenue increased by 89.93% year-on-year, driven by higher revenues from non-ferrous metal mining and trading[27] - Operating costs grew by 164.37% year-on-year, resulting from increased costs in non-ferrous metal mining and trading[27] - The company reported a net increase in cash and cash equivalents of -209,837,483.60, compared to an increase of 123,426,605.88 in the previous period[86] - The total profit for the period is 25,310,248.44, compared to a loss of 3,604,877.84 in the previous period, indicating a significant recovery[76] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,538,834,299.21, a decrease of 4.59% from ¥3,708,934,437.11 at the end of the previous year[10] - Total current assets increased to ¥1,338,666,395.83 as of March 31, 2019, compared to ¥809,125,366.14 at December 31, 2018, reflecting a growth of approximately 65.1%[48] - Total liabilities decreased to ¥1,310,023,051.29 from ¥1,560,873,819.41, a decline of approximately 16.0%[51] - The company’s total liabilities included short-term borrowings of 200,000,000.00 CNY and long-term borrowings of 450,000,000.00 CNY[100] - The total assets amounted to 3,708,934,437.11 CNY, with total liabilities at 1,560,873,819.41 CNY, resulting in total equity of 2,148,060,617.70 CNY[100] Cash Flow - The net cash flow from operating activities for Q1 2019 was -¥225,409,714.55, showing a significant decline compared to -¥142,031,409.05 in the same period last year[10] - Cash received from sales of goods and services is 364,405,551.59, down from 493,780,842.44 in the previous period, showing a decrease of approximately 26.1%[80] - The cash flow from investment activities is -25,309,744.06, an improvement from -88,121,141.45 in the previous period, indicating better investment management[86] - The company received 39,000,000.00 in cash from investment recoveries, compared to 20,000,000.00 in the previous period, showing a 95% increase[86] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,746[14] - The largest shareholder, Gansu Shengda Group, held 31.30% of the shares, totaling 215,939,596 shares[14] - The company's equity attributable to shareholders increased to ¥1,914,279,693.03 from ¥1,816,922,588.25, reflecting a growth of about 5.4%[54] Other Financial Metrics - The weighted average return on equity for Q1 2019 was 5.21%, an increase from 2.72% in the same period last year[10] - The company reported non-recurring gains and losses amounting to ¥4,119,845.87 during the reporting period[12] - The company incurred financial expenses of ¥10,218,157.88, significantly higher than ¥144,261.89 in the previous period, reflecting a substantial increase[72] - The company’s retained earnings increased to ¥761,151,094.24 from ¥735,840,845.80 in the previous period, showing a growth of approximately 3.4%[64] Changes and Expectations - The company expects significant changes in net profit compared to the same period last year, but specific forecasts are not provided[32] - The company adopted new financial instrument standards starting January 1, 2019, affecting the presentation of financial statements[104] - The first quarter report for 2019 was not audited[107]