海鸥住工(002084) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥547,920,644.10, representing a 9.24% increase compared to ¥501,564,878.10 in the same period last year[8]. - Net profit attributable to shareholders decreased by 78.67% to ¥4,679,503.50 from ¥21,943,144.01 year-on-year[8]. - The net profit after deducting non-recurring gains and losses fell by 82.59% to ¥73,283.34 from ¥420,960.20 in the previous year[8]. - Basic and diluted earnings per share dropped by 77.14% to ¥0.0099 from ¥0.0433 year-on-year[8]. - The company's net profit margin for Q1 2019 is approximately 0.5%, down from the previous year's margin[41]. - The total comprehensive income for the quarter was ¥14,467,510.21, compared to ¥18,837,473.97 in the previous period, indicating a decline of 23.1%[44]. - The operating profit decreased to ¥9,429,621.03 from ¥20,671,773.23, a decline of 54.4%[43]. Cash Flow - The net cash flow from operating activities surged by 337.61% to ¥75,493,438.23, compared to ¥17,251,123.07 in the same period last year[8]. - The net cash flow from operating activities for the first quarter was CNY 75,493,438.23, a significant increase from CNY 17,251,123.07 in the previous period, reflecting a growth of approximately 338%[51]. - Total cash inflow from operating activities amounted to CNY 658,140,270.79, compared to CNY 542,713,342.42 in the prior period, indicating an increase of about 21.3%[51]. - Cash outflow from operating activities was CNY 582,646,832.56, up from CNY 525,462,219.35, representing an increase of approximately 10.9%[51]. - The net cash flow from investing activities was negative at CNY -234,127.45, an improvement from CNY -243,241,505.17 in the previous period[52]. - Cash inflow from investing activities totaled CNY 425,639,468.31, a substantial rise from CNY 47,996,469.14 in the prior period[52]. - Cash outflow from investing activities was CNY 425,873,595.76, compared to CNY 291,237,974.31, reflecting an increase of about 46.2%[52]. - The net cash flow from financing activities was CNY -142,250,759.60, worsening from CNY -9,473,961.93 in the previous period[53]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,714,238,129.88, down 5.49% from ¥2,871,874,378.83 at the end of the previous year[8]. - The company's total current assets decreased to CNY 1,723,583,101.45 from CNY 1,890,301,537.18, representing a decline of about 8.8%[33]. - The cash and cash equivalents decreased to CNY 681,367,472.87 from CNY 747,583,138.36, a reduction of approximately 8.8%[32]. - The company's total liabilities decreased to CNY 1,095,870,020.85 from CNY 1,208,752,990.25, indicating a decline of about 9.3%[34]. - The company's short-term borrowings decreased to CNY 447,184,746.53 from CNY 519,505,534.00, a reduction of approximately 13.9%[34]. - The company's inventory decreased to CNY 366,350,553.73 from CNY 390,161,535.30, reflecting a decline of about 6.1%[32]. - Total liabilities decreased to CNY 944,191,338.24 from CNY 1,016,558,297.86, a reduction of 7.1%[39]. - The company's equity attributable to shareholders decreased to CNY 1,333,646,642.65 from CNY 1,408,566,592.96, a decline of 5.3%[40]. Expenses and Investments - Total operating costs for Q1 2019 were CNY 545,163,468.70, up from CNY 481,654,064.94 in the same period last year, reflecting a rise of 13.2%[41]. - The company reported R&D expenses of CNY 18,493,701.14, slightly up from CNY 17,689,323.37 in the previous year, indicating a focus on innovation[41]. - The company reported a significant increase in other income, which rose to ¥2,014,575.52 from ¥678,103.01, marking a growth of 196.5%[43]. - The company experienced a substantial loss in investment income, reporting a loss of ¥406,079.45 compared to a gain of ¥981,467.49 in the previous period[47]. - Financial expenses surged by 188.52% to 21.97 million, primarily due to exchange rate fluctuations leading to foreign exchange losses[17]. - The company's financial expenses increased significantly to ¥18,400,605.46 from ¥4,397,987.50, indicating a rise in borrowing costs[47]. Shareholder Information - The top shareholder, Zhongyu Investment Co., Ltd., holds 27.09% of the shares, totaling 137,206,809 shares[12]. - The company approved a stock option and restricted stock incentive plan, granting a total of 15.19 million shares, representing 3.00% of the total share capital[19]. - The number of shares repurchased by the company reached 15,205,668 shares, accounting for 3.00% of the total share capital, with a total expenditure of CNY 67,983,071.83[22]. - The highest repurchase price per share was CNY 5.30, while the lowest was CNY 3.89[22].