安纳达(002136) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥278,263,729.23, a decrease of 7.81% compared to ¥301,852,609.73 in the same period last year[7]. - The net profit attributable to shareholders was ¥7,744,825.56, down 73.09% from ¥28,783,485.61 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥6,870,065.51, a decline of 75.27% compared to ¥27,785,811.72 in the previous year[7]. - Operating profit decreased by 72.92% compared to the same period last year, primarily due to a decline in titanium dioxide sales prices and an increase in environmental operating costs[15]. - Total profit decreased by 72.95% year-on-year, mainly due to the decline in operating profit[15]. - The company expects net profit for the first half of 2019 to decline by over 50% year-on-year, with a projected range of 20 million to 40 million yuan[21]. - The net profit for the first half of 2018 was approximately 50.91 million yuan[21]. - The company reported a net profit of ¥95,617,767.31, compared to ¥88,282,343.53, reflecting an increase of about 8.5%[36]. - Basic earnings per share decreased to ¥0.0360 from ¥0.1339, a decline of approximately 73.1%[40]. - Total comprehensive income amounted to ¥7,920,283.47, down from ¥29,612,529.14, indicating a decrease of about 73.3%[40]. Cash Flow - The net cash flow from operating activities was negative at -¥1,010,625.37, a significant drop of 102.87% from ¥35,273,190.92 in the same period last year[7]. - Net cash flow from operating activities decreased by 102.87% year-on-year, influenced by a 47.52% decrease in cash received from sales of goods[15]. - The net cash flow from operating activities was 2,472,122.67 CNY, a decrease of 94.2% compared to 42,559,194.26 CNY in the previous period[51]. - Total cash inflow from operating activities was 90,559,403.82 CNY, down 45.6% from 166,354,743.79 CNY in the previous period[51]. - Cash outflow from operating activities totaled 88,087,281.15 CNY, a decrease of 28.8% compared to 123,795,549.53 CNY in the previous period[51]. - The net cash flow from investing activities was -490,640.32 CNY, worsening from -393,978.41 CNY in the previous period[51]. - Cash inflow from financing activities was 14,900,000.00 CNY, down 40% from 25,000,000.00 CNY in the previous period[52]. - The net cash flow from financing activities was -489,375.00 CNY, compared to -783,000.00 CNY in the previous period[52]. - The ending balance of cash and cash equivalents was 45,285,859.99 CNY, down from 87,315,705.56 CNY in the previous period[52]. Assets and Liabilities - The total assets at the end of the reporting period increased by 7.32% to ¥981,001,341.41 from ¥914,094,522.39 at the end of the previous year[7]. - The net assets attributable to shareholders rose by 1.17% to ¥700,002,010.59 compared to ¥691,876,005.55 at the end of the previous year[7]. - Current liabilities rose to ¥251,663,519.53, compared to ¥193,058,163.46, marking an increase of about 30.4%[30]. - Accounts receivable and notes receivable increased by 53.80% compared to the beginning of the year, primarily due to a 103.07% increase in customer credit period receivables[14]. - Other receivables grew by 427.74% compared to the beginning of the year, mainly due to an increase in temporary loans and deposits[14]. - The balance of construction in progress increased by 229.44% compared to the beginning of the year, driven by increased project investments[14]. - The company's total equity reached ¥717,923,404.41, up from ¥709,621,941.46, indicating a slight increase of around 1.8%[31]. - The cash and cash equivalents increased to ¥45,285,859.99 from ¥43,866,037.88, a growth of approximately 3.2%[33]. - The company has ongoing construction projects with capitalized costs of ¥10,803,520.23, up from ¥3,279,394.94, indicating a significant investment in future capacity[29]. Expenses - Financial expenses decreased by 64.73% compared to the same period last year, mainly due to a reduction in bank borrowings[14]. - The company reported a significant reduction in financial expenses, which decreased to ¥742,915.07 from ¥2,106,117.23, a decline of about 64.8%[37]. - Research and development expenses increased to ¥9,935,998.36, up from ¥8,006,017.32, reflecting a growth of about 24.1%[37]. - Operating costs rose slightly to ¥269,986,662.15 from ¥268,641,332.57, an increase of approximately 0.5%[37]. Future Outlook - The company anticipates that the titanium dioxide industry will maintain its favorable conditions in the second quarter, but the significant decline in the first quarter will impact overall performance[21]. - The company plans to focus on expanding its market presence and enhancing product development strategies moving forward[39].