西王食品(000639) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,382,926,225.89, representing a 1.52% increase compared to ¥1,362,202,787.63 in the same period last year[9] - Net profit attributable to shareholders was ¥91,743,304.15, marking a 9.47% increase from ¥83,809,616.37 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥85,483,316.90, which is a 2.21% increase from ¥83,633,551.80 in the previous year[9] - Basic earnings per share increased by 9.09% to ¥0.12, compared to ¥0.11 in the previous year[9] - Total operating revenue for the period reached CNY 1,382,926,225.89, an increase of 1.5% compared to CNY 1,362,202,787.63 in the previous period[26] - Net profit attributable to the parent company was CNY 91,743,304.15, representing a year-over-year increase of 9.4% from CNY 83,809,616.37[28] - Total operating costs amounted to CNY 1,268,452,742.31, up from CNY 1,247,296,152.48, reflecting a year-over-year increase of approximately 1.5%[26] - Gross profit for the period was CNY 114,473,483.58, resulting in a gross margin of approximately 8.3%[28] Cash Flow and Liquidity - The net cash flow from operating activities significantly decreased to ¥15,625,944.07, down 96.95% from ¥512,189,239.91 in the same period last year[9] - Operating cash flow generated was CNY 15,625,944.07, a significant decrease from CNY 512,189,239.91 in the previous period[35] - The net cash flow from operating activities was -123,036,567.76 CNY, a significant decrease compared to 157,091,919.29 CNY in the previous period, indicating a decline in operational performance[36] - The total cash outflow from operating activities was 127,169,503.33 CNY, compared to 3,545,880.22 CNY in the previous period, showing a substantial increase in cash expenditures[36] - The company reported a decrease in cash flow from operating activities, indicating potential challenges in maintaining liquidity[35] - The total cash and cash equivalents at the end of the period were -75,909,048.13 CNY, a significant drop from 800,464,570.28 CNY in the previous period, indicating liquidity challenges[37] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,123,947,306.41, a decrease of 1.52% from ¥10,279,742,024.01 at the end of the previous year[9] - The company's total assets decreased to CNY 4,220,564,018.52 from CNY 4,344,438,265.98, a decline of about 2.9%[25] - Total liabilities decreased to CNY 928,655,510.32 from CNY 1,053,159,924.31, indicating a reduction of approximately 12%[25] - The company reported total assets of 10,279,742,024.01 CNY, with total liabilities amounting to 5,253,355,988.06 CNY, reflecting a healthy asset-to-liability ratio[40] - The company’s total equity represents approximately 75.8% of total assets[41] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,167[12] - The net assets attributable to shareholders increased by 1.56% to ¥4,443,566,708.40 from ¥4,375,386,803.60 at the end of the previous year[9] - The company's equity attributable to shareholders increased to CNY 3,291,908,508.20, slightly up from CNY 3,291,278,341.67[25] - The total equity attributable to shareholders was 4,375,386,803.60 CNY, indicating a stable equity position despite cash flow challenges[40] Expenses - Research and development expenses were CNY 10,412,612.11, down significantly from CNY 19,519,534.64, a decrease of about 46%[28] - The company reported a decrease in financial expenses, which fell to CNY 18,962,397.16 from CNY 35,526,888.21, a reduction of approximately 46%[28] Government Support - The company received government subsidies amounting to ¥6,000,000.00 during the reporting period[10] Audit Information - The company did not conduct an audit for the first quarter report[44]