三全食品(002216) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,908,623,029.08, representing a 5.04% increase compared to ¥1,817,124,671.90 in the same period last year[10]. - The net profit attributable to shareholders for Q1 2019 was ¥40,176,090.27, a significant increase of 42.22% from ¥28,249,255.19 in the previous year[10]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥36,227,737.23, up 43.16% from ¥25,304,898.24 year-on-year[10]. - The basic earnings per share for Q1 2019 was ¥0.05, reflecting a 66.67% increase from ¥0.03 in the same quarter last year[10]. - The total operating revenue for the current period reached ¥1,908,623,029.08, an increase of 5.0% compared to ¥1,817,124,671.90 in the previous period[76]. - Net profit for the current period was ¥40,210,391.18, compared to ¥28,258,517.19 in the previous period, representing a significant increase of 42.5%[79]. - Basic earnings per share for the current period were ¥0.05, up from ¥0.03 in the previous period[82]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,239,178,423.51, down 8.04% from ¥4,609,685,059.47 at the end of the previous year[10]. - As of March 31, 2019, total assets amounted to CNY 4,239,178,423.51, a decrease from CNY 4,609,685,059.47 as of December 31, 2018, reflecting a decline of approximately 8.0%[56]. - Total assets decreased to ¥3,426,912,464.93 from ¥3,604,201,806.11, a decline of approximately 4.9%[72]. - Total liabilities decreased to ¥2,067,061,074.52 from ¥2,222,303,046.13, a reduction of about 7.0%[72]. - Total liabilities amounted to 2,547,315,645.21 yuan, remaining unchanged from the previous period[105]. - The total assets were reported at 4,609,685,059.47 yuan, consistent with the previous period[105]. Cash Flow - The net cash flow from operating activities for Q1 2019 was -¥269,761,888.47, a decline of 109.65% compared to -¥128,674,113.46 in the same period last year[10]. - The cash flow from operating activities showed a net outflow of -¥269,761,888.47, worsening from -¥128,674,113.46 in the previous period[87]. - The net cash flow from operating activities was -233,344,918.15 yuan, a decrease from -79,337,769.84 yuan in the previous period, indicating a worsening cash flow situation[94]. - Total cash inflow from investment activities was 175,835,732.03 yuan, compared to 121,681,413.17 yuan in the previous period, showing an increase of approximately 44.4%[97]. - The net cash flow from investment activities improved to 47,295,809.06 yuan from -218,851,074.11 yuan in the previous period, marking a significant turnaround[97]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,345[14]. - The top shareholder, Chen Zemin, held 10.41% of the shares, with a total of 84,278,589 shares[14]. - As of December 31, 2018, the company repurchased a total of 4,351,547 shares, accounting for approximately 0.5356% of the total share capital before the repurchase plan implementation, with a total transaction amount of ¥26,964,044.24 (excluding transaction fees)[42]. - By March 31, 2019, the company had repurchased a total of 7,590,211 shares, representing 0.9375% of the total share capital, with a total transaction amount of ¥50,291,290.08 (excluding transaction fees)[42]. - The company completed the share repurchase plan as disclosed, and the repurchased shares were subsequently canceled[43]. Operational Changes - Cash and cash equivalents decreased by 35.05% compared to the beginning of the period, mainly due to payments for goods[24]. - Trade financial assets decreased by 100.00% compared to the beginning of the period, as all bank wealth management products were redeemed by the end of the reporting period[24]. - Accounts receivable increased by 87.06% compared to the beginning of the period, primarily due to increased sales during the peak season[24]. - Prepayments increased by 43.84% compared to the beginning of the period, mainly due to an increase in advance payments for goods[24]. - Inventory increased by 56.14% compared to the beginning of the period, due to share buybacks during the reporting period[24]. Legal and Compliance - The company did not report any violations regarding external guarantees during the reporting period[48]. - The company’s independent directors provided independent opinions on the repurchase proposals[39]. - Legal opinions were issued by Beijing Junzejun Law Firm regarding the repurchase matters[39]. - The company disclosed the repurchase plan on November 1, 2018, which was approved at the second extraordinary general meeting of shareholders[42]. - The company has not audited the first quarter report, indicating that the figures are unaudited[113].