凯恩股份(002012) - 2019 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2019 was CNY 273,783,115.01, an increase of 3.42% compared to CNY 264,738,731.61 in the same period last year[7] - Net profit attributable to shareholders decreased by 77.98% to CNY 1,203,047.89 from CNY 5,463,804.27 year-on-year[7] - Net profit after deducting non-recurring gains and losses was CNY -474,122.00, a decline of 111.22% compared to CNY 4,226,190.90 in the previous year[7] - Basic and diluted earnings per share were both CNY 0.00, representing a 100% decrease from CNY 0.01 in the same period last year[7] - The weighted average return on equity was 0.10%, down by 0.35% from 0.45% in the previous year[7] - The company reported a net profit for the current period of ¥4,322,549.16, down from ¥8,111,138.05, indicating a decline of approximately 46.73%[37] - The company achieved a net profit attributable to the parent company of ¥1,203,047.89, down from ¥5,463,804.27, a decrease of approximately 78.0%[38] - The total comprehensive income for the current period was ¥4,322,549.16, compared to ¥8,111,138.05 in the previous period, reflecting a decline of about 46.73%[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,836,477,357.61, a decrease of 1.40% from CNY 1,862,613,160.96 at the end of the previous year[7] - Total current assets amounted to CNY 1,071,472,390.95 as of March 31, 2019, compared to CNY 1,087,620,352.51 at the end of 2018[26] - Total non-current assets were CNY 765,004,966.66, down from CNY 774,992,808.45, reflecting a decrease of around 1.3%[27] - Total liabilities decreased from CNY 526,194,590.90 to CNY 495,736,238.39, a reduction of about 5.8%[28] - Current liabilities decreased from CNY 511,208,772.60 to CNY 478,750,810.53, a reduction of about 6.3%[28] - Owner's equity increased from CNY 1,336,418,570.06 to CNY 1,340,741,119.22, an increase of approximately 0.3%[29] Cash Flow - The company reported a net cash flow from operating activities of CNY -40,110,453.61, consistent with the previous year's figure of CNY -40,789,773.66[7] - The total cash inflow from operating activities was CNY 247,911,137.17, slightly up from CNY 246,185,266.58 in the previous period[45] - The net cash outflow from operating activities was CNY -40,110,453.61, compared to CNY -40,789,773.66 in the previous period, indicating a slight improvement[45] - Cash inflow from investment activities totaled CNY 257,893,269.85, up from CNY 164,865,084.96 in the previous period[46] - The net cash flow from investment activities was CNY 13,857,767.01, down from CNY 19,598,038.29 in the previous period[46] - Cash inflow from financing activities was CNY 140,327,121.87, compared to CNY 130,680,691.67 in the previous period[46] - The net cash flow from financing activities was CNY -3,710,222.38, worsening from CNY -2,461,925.98 in the previous period[46] - The ending balance of cash and cash equivalents was CNY 81,235,400.53, down from CNY 82,292,941.35 in the previous period[46] Expenses and Costs - Total operating costs increased to ¥276,202,192.87 from ¥257,752,221.67, representing a rise of about 7.14%[35] - The company's R&D expenses rose significantly to ¥20,189,824.51 from ¥14,344,998.57, marking an increase of about 40.5%[35] - Employee compensation payable decreased by 45.95% to ¥19,576,557.20 due to the payment of annual salaries and wages[15] - Tax payable decreased by 38.05% to ¥5,061,131.52, reflecting a reduction in current tax liabilities[15] Other Information - The company decided to suspend the acquisition of a 56.67% stake in Qingdao Qianyun High-tech New Materials Co., Ltd. due to regulatory inquiries and the freezing of shares held by the controlling shareholder[16][17] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[21] - The company has implemented new financial instrument accounting standards effective January 1, 2019, without restating prior period comparatives[54] - The first quarter report for 2019 was not audited[58]