华西股份(000936) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥715,744,057.87, representing a 26.51% increase compared to ¥565,751,194.87 in the same period last year[9]. - Net profit attributable to shareholders was ¥352,342,967.87, a significant increase of 2,665.47% from ¥12,740,787.69 in the previous year[9]. - The net profit after deducting non-recurring gains and losses was ¥352,422,480.45, up 2,835.67% from ¥12,004,834.37 year-on-year[9]. - The basic earnings per share rose to ¥0.40, a 3,900.00% increase from ¥0.01 in the same period last year[9]. - The weighted average return on equity was 7.37%, compared to 0.28% in the previous year, reflecting a 7.09% increase[9]. - Net profit for the current period was ¥359,719,389.83, compared to ¥16,461,881.09 in the previous period, reflecting a substantial growth of 2,087.5%[65]. - The company achieved a comprehensive income total of ¥363,016,316.61, compared to ¥17,025,743.44 in the previous period, reflecting a robust performance[69]. Assets and Liabilities - Total assets at the end of the reporting period were ¥12,246,204,103.45, a 1.72% increase from ¥12,039,545,461.98 at the end of the previous year[9]. - The company's trading financial assets increased by ¥3,904,452,112.42 compared to the beginning of the year, while other non-current financial assets rose by ¥3,185,915,901.62[21]. - The total current liabilities were reported at CNY 1,405,058,045.40, slightly down from CNY 1,455,474,000.00 in the previous period[45]. - The total liabilities decreased from CNY 7,043,811,985.11 to CNY 6,768,130,340.25, representing a reduction of approximately 3.9%[48]. - The total owner's equity increased from CNY 4,995,733,476.87 to CNY 5,478,073,763.20, reflecting a growth of about 9.7%[51]. - The total liabilities reached approximately ¥7.04 billion, remaining stable compared to the previous period[97]. Cash Flow - The net cash flow from operating activities improved by 85.82%, reaching -¥8,383,777.64 compared to -¥59,103,860.20 in the same period last year[9]. - Cash inflow from operating activities totaled ¥946,585,767.64, an increase of 29.5% from ¥731,177,105.76 in the previous period[80]. - Cash outflow from operating activities was ¥954,969,545.28, compared to ¥790,280,965.96 in the previous period, resulting in a net cash flow from operating activities of -¥8,383,777.64[80]. - Net cash flow from investment activities was ¥522,478,382.32, a significant improvement from -¥37,159,222.58 in the previous period[83]. - The ending balance of cash and cash equivalents was ¥991,694,983.70, slightly up from ¥986,381,449.50 in the previous period[83]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,859, with the largest shareholder holding 40.59% of the shares[14]. - The company's unallocated profits increased by 98.84% compared to the beginning of the year, largely due to the reclassification of financial assets under new accounting standards[21]. Investment and Expenses - Investment income surged by 630.08% year-on-year, attributed to the fair value change of held available-for-sale equity instruments[24]. - Financial expenses rose to ¥81,297,798.14, up 29.5% from ¥62,801,223.16, primarily due to increased interest expenses[62]. - Research and development expenses decreased to ¥410,000.00 from ¥610,000.00, a reduction of 32.8%[62]. Accounting Standards and Compliance - The company executed new financial accounting standards starting January 1, 2019, which resulted in reclassification of certain financial assets[96]. - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[106].