京山轻机(000821) - 2019 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2019 was CNY 548,411,176.57, an increase of 2.87% compared to CNY 533,120,436.90 in the same period last year[6]. - Net profit attributable to shareholders was CNY 98,290,599.41, representing a significant increase of 135.92% from CNY 41,663,394.72 year-on-year[6]. - Basic earnings per share rose to CNY 0.18, up 125.00% from CNY 0.08 in the previous year[6]. - Total profit increased by 136.88% to CNY 113,206,211.40, primarily due to gains in fair value changes[18]. - Net profit for the current period was ¥96,870,364.64, significantly higher than ¥41,228,176.43 in the previous period, marking an increase of approximately 134.0%[49]. - The company's gross profit margin improved, with operating profit rising to ¥112,634,146.82 from ¥47,730,787.27, indicating a substantial increase in operational efficiency[49]. - Basic earnings per share for the current period was ¥0.18, up from ¥0.08 in the previous period, indicating a growth of 125%[52]. Cash Flow - The net cash flow from operating activities was negative at CNY -150,969,154.83, a decline of 175.95% compared to CNY -54,708,310.77 in the same period last year[6]. - Cash flow from operating activities shows a net outflow of -150,969,154.83, compared to -54,708,310.77 in the previous period[59]. - Cash inflow from investment activities is 431,977,960.18, compared to 139,191,420.28 in the previous period, indicating a strong increase[60]. - Cash flow from financing activities resulted in a net inflow of 41,286,266.34, down from 70,575,251.61 in the previous period[63]. - The net cash flow from operating activities was -73,471,058.51 CNY, a significant decline compared to 5,852,269.36 CNY in the previous period, indicating a decrease of approximately 1,350%[64]. - Cash inflow from investment activities totaled 431,676,690.43 CNY, a substantial increase from 126,503,500.00 CNY in the prior period, representing an increase of about 240%[67]. - The net cash flow from financing activities was 64,702,734.41 CNY, slightly higher than 64,471,528.76 CNY in the previous period[67]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,277,337,525.69, an increase of 1.17% from CNY 5,216,123,885.93 at the end of the previous year[6]. - Total assets increased to CNY 3,168,561,887.08 from CNY 3,102,693,098.27, showing growth in overall asset base[34]. - Current liabilities rose to CNY 1,987,458,566.02 from CNY 1,950,861,963.13, an increase of about 1.39%[36]. - Total liabilities increased to CNY 2,306,620,353.19 from CNY 2,262,713,298.63, reflecting a growth of approximately 1.93%[39]. - The total liabilities increased to ¥1,498,780,805.85 from ¥1,458,979,568.83, representing a growth of about 2.20%[49]. - The total equity decreased slightly to ¥2,547,182,468.85 from ¥2,582,994,780.90, reflecting a decline of approximately 1.38%[49]. Shareholder Information - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[15]. - The total number of ordinary shareholders at the end of the reporting period was 37,458[13]. - The company repurchased 15,642,724 shares, accounting for 2.91% of total share capital, at a total cost of CNY 128,745,712.48[21]. - The company plans to repurchase shares with a total amount not less than CNY 15,000 million and not exceeding CNY 30,000 million[19]. Research and Development - R&D expenses rose by 70.19% to CNY 20,239,389.87, reflecting increased investment in research and development[18]. - Research and development expenses increased to ¥20,239,389.87 from ¥11,892,293.92, showing a rise of approximately 70.0%, highlighting the company's commitment to innovation[49]. Other Financial Metrics - The weighted average return on equity was 3.42%, up from 2.19% in the previous year[6]. - The company reported non-operating income of CNY 44,904,472.97 after tax, primarily from government subsidies and investment income[6]. - Investment income turned negative at -CNY 1,210,042.94, primarily due to losses from joint ventures[18]. - Deferred income tax liabilities rose by 36.06% to CNY 25,432,077.09, attributed to temporary tax differences from stock gains[18]. - The deferred income tax liabilities rose to ¥14,976,732.43 from ¥7,520,574.88, reflecting an increase of approximately 99.0%, which may impact future cash flows[49].