万年青(000789) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,841,034,195.71, representing a 6.73% increase compared to ¥1,725,012,684.65 in the same period last year[8] - Net profit attributable to shareholders decreased by 3.40% to ¥217,779,334.44 from ¥225,436,448.79 year-on-year[8] - Basic and diluted earnings per share were both ¥0.3551, down 3.37% from ¥0.3675 in the same period last year[8] - The company's net profit for Q1 2019 was CNY 419,820,168.16, compared to CNY 456,725,040.00 in Q1 2018, indicating a decrease of 8.06%[38] - The total profit for Q1 2019 was CNY 452,717,935.45, a decline of 8.1% from CNY 492,580,130.88 in Q1 2018[41] - The operating profit for Q1 2019 was CNY 456,215,509.29, down 7.7% from CNY 494,210,080.18 in the previous year[41] Cash Flow - The net cash flow from operating activities significantly dropped by 92.32%, amounting to ¥20,393,668.70 compared to ¥265,480,321.18 in the previous year[8] - The cash inflow from operating activities was CNY 2,090,606,829.42, slightly down from CNY 2,139,907,486.93 in the same period last year[46] - The net cash flow from financing activities increased by 117.13% to RMB 20,311,939.77 due to increased investments and loans obtained[16] - The net cash flow from financing activities was CNY 20,311,939.77, a significant improvement from a net outflow of CNY 118,590,093.69 in the previous year[49] - The net cash flow from investment activities was -79,155,862.31, worsening from -68,858,265.30 in the previous year[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,012,104,605.89, a slight decrease of 0.41% from ¥10,053,606,846.89 at the end of the previous year[8] - The total assets as of March 31, 2019, amounted to CNY 4,824,273,942.34, slightly up from CNY 4,785,133,531.75 at the end of 2018[37] - The total liabilities decreased to CNY 1,832,090,463.56 from CNY 1,865,441,515.06, showing a reduction of 1.57%[36] - The total liabilities were CNY 3,284,358,627.48, indicating a stable financial position[55] - Total liabilities amounted to CNY 3,959,561,855.50, with non-current liabilities at CNY 675,203,228.02[56] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,894[12] - The largest shareholder, Jiangxi Cement Co., Ltd., held 42.58% of the shares, totaling 261,194,862 shares[12] - Net assets attributable to shareholders increased by 5.40% to ¥4,247,943,260.01 from ¥4,030,163,925.57 at the end of the previous year[8] - The total equity attributable to shareholders increased to CNY 4,247,943,260.01 from CNY 4,030,163,925.57, representing a growth of 5.42%[32] Expenses - Total operating costs for Q1 2019 were CNY 1,421,214,027.55, up from CNY 1,268,287,643.65, reflecting a year-on-year increase of 12.03%[38] - The company reported a decrease in sales expenses to CNY 10,147,640.39 from CNY 8,309,232.79, indicating a rise of 22.1%[43] - The financial expenses for Q1 2019 were CNY 12,275,676.04, a slight decrease from CNY 12,683,204.57 in the previous year[43] - Research and development expenses increased by 116.06% to RMB 1,020,348.68 due to higher R&D investments compared to the same period last year[16] Other Financial Activities - The company plans to publicly issue convertible bonds totaling no more than RMB 1 billion, approved by the board[18] - The company is in the process of transferring 65% equity of Jiangxi Dongxin Concrete Co., Ltd., with an audit and evaluation underway[18] - The company implemented new financial instrument standards starting January 1, 2019, affecting financial statement formats[59]