广百股份(002187) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,179,319,947.39, representing a 12.22% increase compared to ¥1,942,013,099.17 in the same period last year[8] - The net profit attributable to shareholders was ¥54,694,843.59, a slight increase of 0.70% from ¥54,316,817.70 year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 8.08% to ¥51,197,867.37 from ¥55,700,705.63 in the previous year[8] - The total operating revenue for Q1 2019 was CNY 2,179,319,947.39, an increase of 12.2% compared to CNY 1,942,013,099.17 in the same period last year[42] - The total profit for Q1 2019 was CNY 74,521,119.90, an increase of 6.0% from CNY 70,099,088.32 in the previous year[47] - The net profit for Q1 2019 was CNY 54,903,296.02, slightly down from CNY 55,226,984.91 in the same period last year, representing a decrease of 0.6%[45] - The operating profit for Q1 2019 was CNY 74,429,883.60, up from CNY 70,604,624.34, indicating a growth of 5.8%[47] - The company's basic and diluted earnings per share remained stable at CNY 0.16, unchanged from the previous year[45] Assets and Liabilities - The company's total assets decreased by 3.81% to ¥4,230,210,133.80 from ¥4,397,784,658.70 at the end of the previous year[8] - Total assets decreased from CNY 4,397,784,658.70 to CNY 4,230,210,133.80, reflecting a decrease in both current and non-current assets[34] - The company's total assets as of March 31, 2019, were CNY 3,849,201,658.32, a decrease from CNY 3,874,770,148.48 at the end of 2018[41] - The total liabilities decreased to CNY 1,044,502,666.03 from CNY 1,113,952,211.83, showing a reduction of approximately 6.2%[41] - Current liabilities reached CNY 1,586,017,099.22, while total liabilities were CNY 1,635,027,431.45[60] - The company's total liabilities decreased from CNY 1,113,952,211.83 to CNY 1,095,616,762.65 in the first quarter of 2019[63] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥126,615,918.38, worsening from a negative ¥33,841,915.78 in the same period last year[8] - Net cash flow from operating activities decreased by 274.14% year-on-year, attributed to increased payments for goods and taxes[18] - The cash flow from operating activities was CNY 2,305,163,134.85, compared to CNY 2,267,928,859.64 in the previous year, showing an increase of 1.6%[51] - Total cash inflow from operating activities was 2,326,823,525.69 CNY, while cash outflow was 2,453,439,444.07 CNY, resulting in a net cash outflow of 126,615,918.38 CNY[52] - The net cash flow from operating activities was -126,615,918.38 CNY, compared to -33,841,915.78 CNY in the previous period, indicating a decline in operational cash flow[52] - Cash inflow from investment activities decreased by 70.20% year-on-year, mainly due to reduced cash received from the disposal of fixed assets[18] - Cash outflow from investment activities totaled 8,419,901.91 CNY, compared to 1,023,812,324.56 CNY in the previous period, indicating a decrease in investment expenditures[53] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,328[12] - The total equity attributable to shareholders increased to CNY 2,804,698,992.29 from CNY 2,760,817,936.65, reflecting a growth of 1.6%[41] - The company’s total equity increased slightly from CNY 2,760,817,936.65 to CNY 2,762,757,227.25[63] Inventory and Receivables - The company's inventory increased by 31.48% compared to the beginning of the period, primarily due to increased stocking of electrical appliances and gold[16] - The accounts receivable increased by 387.50% compared to the beginning of the period, mainly due to new bank acceptance bills[16] - The company reported a decrease of 68.83% in prepayments compared to the beginning of the period, attributed to reduced advance payments to suppliers[16] - Inventory increased to CNY 80,980,479.94 from CNY 68,826,433.79, representing a growth of 17.6%[38] Financial Expenses and Income - Financial expenses decreased by 250.72% compared to the same period last year, mainly due to an increase in bank interest income[17] - Interest income increased by 83.80% year-on-year, primarily due to new large-denomination certificate of deposit interest income[17] - The company reported a foreign exchange gain of CNY 4,425,269.43, compared to a loss of CNY 1,494,150.90 in the previous year, indicating a positive turnaround[48] - The company recorded a decrease in sales expenses to CNY 103,001,642.67 from CNY 116,871,153.69, a reduction of 11.8%[47] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[42]