东华科技(002140) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥427,446,229.07, representing a 5.73% increase compared to ¥404,287,609.24 in the same period last year[8]. - Net profit attributable to shareholders for the same period was ¥30,682,358.04, a 17.68% increase from ¥26,072,177.96 year-on-year[8]. - The basic earnings per share increased by 17.61% to ¥0.0688 from ¥0.0585 in the previous year[8]. - Net profit for the current period was ¥30,781,382.42, representing a 18.5% increase from ¥26,024,700.71 in the same period last year[58]. - The total profit for the current period was ¥36,279,162.66, an increase of 18.5% from ¥30,589,417.60 in the previous period[58]. - The operating profit for the current period was ¥36,415,661.89, up 20.1% from ¥30,380,412.66 in the prior period[58]. - The company's tax expenses increased to ¥5,497,780.24 from ¥4,564,716.89, marking a rise of 20.4%[58]. - Basic and diluted earnings per share were both ¥0.0688, compared to ¥0.0585 in the previous period, reflecting a growth of 17.6%[60]. Cash Flow - The net cash flow from operating activities improved significantly, showing a net inflow of ¥210,848,494.63, a 50.92% increase compared to a net outflow of ¥429,605,785.14 in the same period last year[8]. - The net cash flow from operating activities was -210,848,494.63, an improvement from -429,605,785.14 in the previous period, showing a reduction in losses of approximately 51%[72]. - Cash inflows from operating activities totaled 451,122,061.04, slightly up from 441,926,628.90 in the previous period, indicating a growth of approximately 0.4%[72]. - Cash outflows from operating activities decreased to 661,970,555.67 from 871,532,414.04, a reduction of about 24%[72]. - The net cash flow from investing activities for the year-to-date was -38.16 million yuan, an increase of 61.54% compared to the same period last year, mainly due to a significant reduction in payments for investments in joint ventures[22]. - The net cash flow from investing activities was -38,155,991.03, compared to -99,198,739.00 in the previous period, indicating a significant reduction in cash outflows of approximately 61%[75]. - The net cash flow from financing activities was -2,820,065.84, a decline from 22,226,525.83 in the previous period, reflecting a decrease of approximately 112.7%[75]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,144,415,142.48, up 3.59% from ¥5,931,615,986.83 at the end of the previous year[8]. - The total liabilities increased to ¥3,981,435,514.62, up from ¥3,799,166,723.42, representing a growth of approximately 4.8%[41]. - The total owner's equity rose to ¥2,162,979,627.86, compared to ¥2,132,449,263.41, indicating an increase of about 1.4%[44]. - The total assets reached ¥6,144,415,142.48, up from ¥5,931,615,986.83, reflecting a growth of approximately 3.6%[44]. - The balance of accounts receivable at the end of the reporting period was 777.71 million yuan, a decrease of 7.48% from the beginning of the year[35]. - The balance of inventory at the end of the reporting period was 1.76 billion yuan, an increase of 19.71% from the beginning of the year, due to an increase in completed but unbilled assets from construction contracts[22]. - The total current liabilities increased to ¥3,200,719,609.68 from ¥3,021,473,331.07, reflecting an increase of approximately 6%[51]. - The long-term borrowings remained stable at ¥718,970,000.00, slightly down from ¥720,470,000.00[41]. Expenses - Sales expenses for the period amounted to ¥8,060,900, reflecting a 48.99% increase compared to the same period last year, primarily due to higher employee compensation[21]. - Management expenses for the year-to-date amounted to 27.12 million yuan, an increase of 30.27% compared to the same period last year, primarily due to a significant rise in employee compensation[22]. - Financial expenses for the year-to-date were 656,800 yuan, a decrease of 72.38% year-on-year, mainly due to a substantial increase in net foreign exchange gains[22]. - Research and development expenses decreased significantly to ¥7,788,218.46 from ¥28,192,028.58, a reduction of 72.5%[55]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,309, with the largest shareholder holding 59.22% of the shares[13]. - The company's net assets attributable to shareholders increased by 1.45% to ¥2,134,459,299.42 from ¥2,104,027,959.35 at the end of the previous year[8]. - The retained earnings increased to ¥1,360,721,007.77 from ¥1,313,311,142.91, indicating a growth of about 3.6%[53]. Other Information - The company has not undergone an audit for the first quarter report[94]. - The adjustments made were primarily due to the first-time implementation of new financial instrument and revenue recognition standards[94].