贤丰控股(002141) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥200,094,700.65, a decrease of 13.33% compared to ¥230,858,988.13 in the same period last year[7] - Net profit attributable to shareholders increased by 48.63% to ¥2,785,157.50 from ¥1,873,834.84 year-on-year[7] - The net profit after deducting non-recurring gains and losses surged by 561.24% to ¥1,849,040.00 compared to ¥279,631.86 in the previous year[7] - Basic and diluted earnings per share increased by 47.06% to ¥0.0025 from ¥0.0017 year-on-year[7] - Total revenue from sales of goods and services decreased by 36.10% to ¥175,404,657.17 from ¥274,497,444.27, mainly due to a reduction in cash received from discounted notes and operating income[15] - Net profit decreased to -¥573,388.40 from ¥3,392,431.17, indicating a significant decline in profitability[38] - Comprehensive income totalled -¥486,739.31 compared to ¥3,297,457.64 in the previous period, showing a substantial drop[39] - Operating profit turned negative at -¥707,251.69 compared to a profit of ¥4,892,063.45 in the previous period[38] Cash Flow - The net cash flow from operating activities was negative at -¥11,199,699.12, a decline of 135.92% from ¥31,177,528.05 in the same period last year[7] - The company’s cash flow from operating activities decreased by 51.69% to ¥2,851,717.76 from ¥5,903,092.45, reflecting a decline in revenue[15] - The net cash flow from financing activities was -24,981,416.63 CNY, contrasting sharply with a positive cash flow of 171,484,258.33 CNY in the prior period, marking a decline of approximately 114.6%[47] - Cash inflow from operating activities totaled 186,950,772.16 CNY, compared to 287,259,053.44 CNY in the previous period, indicating a decline of approximately 34.9%[46] - The cash outflow from operating activities was 198,150,471.28 CNY, down from 256,081,525.39 CNY, reflecting a decrease of about 22.6%[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,787,283,807.60, down 2.92% from ¥1,841,048,133.36 at the end of the previous year[7] - The company’s total liabilities decreased by 48.06% in other current liabilities to ¥3,559,048.53 from ¥6,852,888.34, mainly due to a reduction in estimated sales tax on advance receipts[14] - Total liabilities reached CNY 469,644,894.64, with current liabilities at CNY 429,754,132.99 and non-current liabilities at CNY 39,890,761.65[55] - Current liabilities decreased from CNY 429,754,132.99 to CNY 379,731,684.92, a reduction of about 11.6%[29] - Total current assets decreased from CNY 532,945,180.39 to CNY 454,812,995.49, a decline of about 14.6%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,770[10] - The largest shareholder, Guangdong Xianfeng Holdings Co., Ltd., held 26.03% of the shares, amounting to 295,358,647 shares, which are currently frozen[10] - The company’s undistributed profits increased from CNY 89,456,220.35 to CNY 92,241,377.85, an increase of about 3.1%[30] Research and Development - Research and development expenses increased by 34.55% to ¥6,024,364.43 compared to ¥4,477,465.90, reflecting increased investment in R&D[15] Financial Expenses - Financial expenses for interest increased by 133.11% to ¥4,280,400.11 from ¥1,836,179.05, due to an expansion in financing scale compared to the same period last year[15] - The company reported a significant increase in interest expenses, rising to ¥4,280,400.11 from ¥1,836,179.05, an increase of about 133.1%[36] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥936,117.50 for the reporting period[8] - The company reported a 108.38% increase in asset impairment losses to ¥163,003.35 from a loss of ¥1,944,869.90, mainly due to an increase in bad debt losses on accounts receivable[15] - Other income decreased to ¥254,604.22 from ¥818,405.00, a decline of approximately 68.9% year-over-year[36] Audit and Compliance - The first quarter report was not audited, which may affect the reliability of the financial data presented[60]