石化机械(000852) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,329,436,919.27, representing a 143.68% increase compared to ¥545,569,547.07 in the same period last year[8] - Net profit attributable to shareholders was ¥10,423,227.01, a significant recovery from a loss of ¥84,627,530.08 in the previous year, marking a 112.32% increase[8] - Basic earnings per share improved to ¥0.02 from a loss of ¥0.14, reflecting a 114.29% increase[8] - The company reported a net profit of ¥4,930,660.21, a turnaround from a loss of ¥5,561,228.29 in the previous year, representing a 188.66% increase[17] - Net profit for the current period was ¥14,588,827.61, a turnaround from a net loss of ¥86,699,819.18 in the previous period[52] - The total profit for the current period is 23,304,878.35, compared to a loss of 45,604,967.90 in the previous period, indicating a significant recovery[60] - Operating profit for the current period is 23,563,791.35, a substantial improvement from a loss of 50,036,999.62 in the previous period[60] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,919,768,384.99, up 13.82% from ¥7,836,652,669.43 at the end of the previous year[8] - Total liabilities reached ¥6,996,476,498.78, up from ¥5,917,303,272.36, which is an increase of approximately 18.3% year-over-year[35] - Current liabilities rose to ¥6,901,704,276.25, compared to ¥5,806,197,984.45, reflecting an increase of about 18.9% year-over-year[35] - Total liabilities stood at 5,917,303,272.36, consistent with the prior reporting period[80] - The total current assets were ¥3,262,695,015.94, indicating a strong liquidity position[85] Cash Flow - The net cash flow from operating activities was negative at -¥545,900,417.70, worsening from -¥222,414,175.90 in the same period last year, a decline of 145.44%[8] - Cash flow from operating activities for the current period is -545,900,417.70, compared to -222,414,175.90 in the previous period, reflecting a worsening cash flow situation[63] - The cash flow from investment activities is negative, with cash outflow of 5,576,049.40 compared to 6,437,762.49 in the previous period[69] - The total cash outflow from financing activities is 1,227,954,859.98, compared to 120,560,058.96 in the previous period, indicating increased financing activities[69] - The net cash flow from financing activities was 717,553,391.40, up from 276,837,478.39, reflecting improved financing conditions[77] Shareholder Information - The total number of shareholders at the end of the reporting period was 41,176, with the largest shareholder, China Petroleum & Chemical Corporation, holding 58.74%[11] - The company did not engage in any repurchase transactions during the reporting period[14] - There were no significant changes in the ownership structure among the top ten shareholders, with no related party transactions reported[14] Inventory and Receivables - The company's inventory increased to ¥3,826,706,055.82, up from ¥3,566,026,319.59, reflecting higher production levels[29] - Accounts receivable increased to ¥723,904,181.48 from ¥569,520,806.60, indicating a rise of about 27%[39] - The company’s inventory increased to ¥1,539,170,007.80 from ¥1,415,108,625.11, reflecting a growth of approximately 8.7%[39] Other Income and Expenses - The company reported non-operating income of ¥11,892,137.40 from government subsidies during the reporting period[8] - The company reported a significant increase in other income, which rose by 216.41% to ¥11,892,137.40, compared to ¥3,758,440.74 in the previous year, mainly from government subsidies for R&D projects[17] - Research and development expenses for the current period were ¥37,828,701.36, up from ¥30,046,645.14 in the previous period, marking an increase of approximately 26%[49] Financial Position Changes - The company's total equity increased to ¥1,923,291,886.21 from ¥1,919,349,397.07, showing a slight growth[38] - Total equity increased to ¥1,693,013,824.15 from ¥1,668,673,066.36, showing a growth of about 1.45%[48] - Long-term equity investments remained stable at ¥50,494,615.22, unchanged from the previous period[32] Borrowings and Financing - Short-term borrowings increased by 35.29% to ¥2,779,377,918.87, up from ¥2,054,399,377.86, primarily to supplement working capital[17] - The company raised 1,925,000,000.00 in borrowings during the current period, significantly higher than 390,000,000.00 in the previous period[69] - Cash received from borrowings reached ¥1,925,000,000.00, a 393.59% rise from ¥390,000,000.00[20]