楚江新材(002171) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,949,672,482.77, a decrease of 1.97% compared to ¥3,009,044,765.62 in the same period last year[8] - Net profit attributable to shareholders was ¥71,936,067.81, down 29.20% from ¥101,600,231.28 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥24,617,518.53, a decline of 49.98% compared to ¥49,219,328.73 in the previous year[8] - Basic and diluted earnings per share were both ¥0.060, down 36.84% from ¥0.095 in the previous year[8] - The company reported a 32.37% decline in operating profit to ¥83,476,310.86, influenced by rising material costs and employee stock plan expenses[22] - The net profit for the current period is ¥73,252,465.15, down 28% from ¥101,600,231.28 in the previous period[64] - The total comprehensive income for the current period is ¥73,252,465.15, a decrease of 28% from ¥101,600,231.28 in the previous period[64] Cash Flow - The net cash flow from operating activities was -¥315,685,278.47, which is a 31.80% decrease from -¥239,522,367.11 in the same period last year[8] - The cash flow from operating activities is ¥3,100,258,979.56, down from ¥3,284,658,211.54 in the previous period[72] - Total cash inflow from operating activities was 3,166,976,637.68, while cash outflow was 3,482,661,916.15, resulting in a net cash outflow of -315,685,278.47[74] - The cash flow from operating activities showed a significant decline, with cash inflow decreasing from 3,369,819,776.10 to 3,166,976,637.68, a drop of approximately 6.0%[74] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,868,773,648.60, an increase of 3.64% from ¥6,627,615,496.56 at the end of the previous year[8] - Total liabilities as of March 31, 2019, were ¥2,282,461,061.89, up from ¥2,124,510,496.16, which is an increase of approximately 7.4%[44] - The total assets reached ¥6,868,773,648.60, compared to ¥6,627,615,496.56 at the end of 2018, marking an increase of about 3.6%[47] - The company's equity attributable to shareholders increased to ¥4,553,661,483.57 from ¥4,471,770,294.60, representing a growth of approximately 1.8%[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,774[12] - The company issued 128,054,660 shares at ¥6.22 per share to acquire 90% of Tian Niao High-tech, increasing total shares from 1,069,208,056 to 1,197,262,716[28] Research and Development - Research and development expenses surged by 94.23% to ¥88,699,361.98, driven by increased material consumption in new product and process development[22] - Research and development expenses for the current period are ¥30,066,641.39, a decrease from ¥33,740,569.30 in the previous period[65] Investment Income - Investment income increased by 138.71% to ¥6,777,180.41, due to higher profits from futures contracts[22] - The company reported a net investment income of CNY 6,777,180.41, compared to CNY 2,839,026.60 in the previous year, indicating improved investment performance[58] Financial Expenses - The company's financial expenses skyrocketed by 6083.88% to ¥7,023,924.05, linked to reduced interest income from raised funds[22] - The company incurred financial expenses of ¥6,427,924.28 in the current period, compared to a financial income of ¥1,182,945.21 in the previous period[65] Government Subsidies - The company received government subsidies amounting to ¥51,828,719.53 during the reporting period[8] Compliance and Investigations - The company reported no non-compliance with external guarantees during the reporting period[32] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[33] - The company engaged in an on-site investigation on March 19, 2019, discussing recent operational conditions and future development strategies[34]