*ST新纺(002087) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,479,354,700.87, representing a 13.74% increase compared to ¥1,300,634,802.13 in the same period last year[7] - Net profit attributable to shareholders was ¥77,558,712.43, up 47.93% from ¥52,428,154.72 year-on-year[7] - Basic earnings per share rose to ¥0.095, a 47.98% increase from ¥0.0642 in the same period last year[7] - The increase in operating profit, total profit, and net profit attributable to the parent company was 55.83%, 55.48%, and 48.47% respectively, driven by increased sales volume and higher gross margins[14] - Net profit for Q1 2019 reached CNY 76,475,321.81, representing a 48.49% increase from CNY 51,510,144.28 in Q1 2018[35] - Operating profit increased to ¥56,917,893.27, up 13.1% from ¥50,340,939.84 in the previous period[39] - Net profit for the current period is ¥47,909,082.24, representing a 12.8% increase from ¥42,740,043.78 in the previous period[39] Cash Flow - The net cash flow from operating activities increased by 210.10%, reaching ¥616,751,112.68 compared to ¥198,887,110.34 in the previous year[7] - Cash flow from operating activities generated a net amount of ¥616,751,112.68, significantly up from ¥198,887,110.34 in the previous period[43] - The company reported a total cash outflow from operating activities of 846,532,560.61 CNY, compared to 1,368,362,039.72 CNY in the previous year[47] - The company’s cash flow from operating activities showed a positive trend, indicating improved operational efficiency[47] Assets and Liabilities - Total assets decreased by 6.19% to ¥9,156,314,599.17 from ¥9,760,695,690.96 at the end of the previous year[7] - The company's current assets totaled CNY 5,189,001,578.30, down from CNY 5,735,735,027.02, indicating a decrease of about 9.5%[26] - Total liabilities were CNY 5,100,135,553.23, down from CNY 5,779,610,255.78, indicating a decrease of about 11.7%[27] - The company's equity increased to CNY 4,056,179,045.94 from CNY 3,981,085,435.18, reflecting an increase of approximately 1.9%[28] - Total assets decreased to CNY 7,811,746,442.75 from CNY 8,321,107,747.18 year-over-year[32] - Total liabilities decreased to CNY 4,344,164,839.57 from CNY 4,898,553,515.19 year-over-year[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,257[10] - The top shareholder, Xinye County Finance Bureau, holds 27.30% of the shares, amounting to 222,960,192 shares, with 110,500,000 shares pledged[10] Research and Development - Research and development expenses for Q1 2019 were CNY 38,152,014.85, an increase from CNY 34,521,205.52 in Q1 2018[33] - Research and development expenses increased to ¥38,152,014.85, up from ¥34,521,205.52 in the previous period, indicating a focus on innovation[37] Cash and Cash Equivalents - The company reported a decrease of 36.86% in cash and cash equivalents compared to the beginning of the year, primarily due to repayment of bonds and loans[14] - Cash and cash equivalents decreased to CNY 591,653,845.59 from CNY 934,399,944.26, reflecting a decline of approximately 36.7%[25] - The ending cash and cash equivalents balance decreased to ¥179,538,587.74 from ¥595,761,306.15 in the previous period[44] - The ending balance of cash and cash equivalents was 97,367,157.67 CNY, down from 564,142,903.16 CNY at the end of the previous year[48] Other Financial Metrics - The company reported a decrease in other comprehensive income, with a net amount of CNY -2,881,711.05 compared to CNY 23,404,658.00 in the previous year[35] - Total operating costs for Q1 2019 were CNY 1,389,722,813.83, up 11.76% from CNY 1,243,272,419.72 in Q1 2018[33] - The total comprehensive income decreased to ¥45,027,371.19, down 31.9% from ¥66,144,701.78 in the previous period[40] - Cash flow from investing activities resulted in a net outflow of ¥12,085,008.02, compared to a larger outflow of ¥81,986,762.67 in the previous period[44] - Cash flow from financing activities showed a net outflow of ¥1,049,994,678.16, worsening from a net outflow of ¥371,319,578.50 in the previous period[44]