吉林敖东(000623) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥822,313,750.58, representing a 16.17% increase compared to ¥707,844,757.10 in the same period last year[2]. - The net profit attributable to shareholders was ¥644,704,659.65, a significant increase of 98.53% from ¥324,731,039.98 year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥512,113,548.03, up 64.23% from ¥311,824,397.38 in the previous year[2]. - The basic earnings per share increased to ¥0.55, reflecting a growth of 96.43% compared to ¥0.28 in the same period last year[2]. - The company reported a significant increase in management expenses by 57.17% to CNY 78.47 million, mainly due to higher personnel costs[8]. - The company reported a total comprehensive income of 670,173,222.41 yuan, compared to 146,464,293.00 yuan in the previous year, marking an increase of 356.5%[30]. Assets and Liabilities - The total assets at the end of the reporting period were ¥25,515,200,212.33, an increase of 3.47% from ¥24,658,542,292.54 at the end of the previous year[2]. - The total liabilities of the company were CNY 3.47 billion, slightly up from CNY 3.41 billion, which is an increase of around 1.73%[20]. - The equity attributable to shareholders of the parent company reached CNY 21.83 billion, compared to CNY 21.03 billion at the end of 2018, showing a growth of approximately 3.83%[20]. - The company's current assets totaled CNY 6.53 billion, up from CNY 5.80 billion at the end of 2018, indicating a growth of about 12.66%[18]. - The total amount of other receivables increased by 39.42% to CNY 40.68 million, attributed to accrued interest on time deposits and increased business receivables[8]. Cash Flow - The net cash flow from operating activities was negative at -¥18,114,196.77, a decline of 165.27% compared to ¥27,754,749.10 in the same period last year[2]. - The company's cash flow from operating activities showed a net outflow of CNY 18.11 million, a decrease of 165.27% compared to the previous year[9]. - Cash flow from investing activities showed a net inflow of 62,458,538.60 yuan, compared to 6,302,574.39 yuan in the previous year, indicating a significant increase[32]. - The total cash outflow from financing activities was CNY 4,825,511.20, compared to an inflow of CNY 2,390,158,700.00 in the previous period[33]. Investments - Investment income rose by 88.86% to CNY 495.48 million, primarily due to increased returns from investments in Guangfa Securities[8]. - The company has a total investment in securities amounting to approximately 1.05 billion CNY, with a fair value change profit of about 147.64 million CNY during the reporting period[16]. - The company reported investment income of ¥495,484,578.91, which is a substantial increase from ¥262,352,175.64 in the previous period[26]. Research and Development - Research and development expenses increased by 548.06% to CNY 46.47 million, reflecting a significant investment in product development[8]. - Research and development expenses for the current period are ¥46,471,477.59, a significant increase from ¥7,170,898.54 in the previous period, indicating a focus on innovation[26]. Shareholder Information - The top shareholder, Dunhua Jincheng Industrial Co., Ltd., holds 26.66% of the shares, amounting to 309,940,049 shares, with a significant portion pledged[5]. - The major shareholder, Jincheng Company, committed to not selling more than 2% of the total shares of Jilin Aodong per year after the lock-up period[14]. - The employee stock ownership plan has a lock-up period of 36 months, with a minimum selling price of 32 CNY per share after the lock-up period ends[13]. Miscellaneous - The company did not conduct any repurchase transactions during the reporting period[7]. - The company anticipates significant fluctuations in net profit compared to the same period last year[15]. - The first quarter report was not audited, indicating that the financial data may be subject to further review[39].