华昌化工(002274) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,578,447,801.14, representing an increase of 18.58% compared to the same period last year[8] - Net profit attributable to shareholders was ¥62,285,273.93, a significant increase of 1,884.32% year-on-year[8] - The net profit after deducting non-recurring gains and losses reached ¥60,622,221.37, up 13,736.90% from the previous year[8] - Basic and diluted earnings per share were both ¥0.0981, reflecting a year-on-year increase of 1,902.04%[8] - Net profit for the current period was ¥62,314,059.19, significantly higher than ¥3,911,675.60 in the previous period, marking an increase of 1,490.5%[44] - The company reported a profit before tax of ¥82,096,472.20, significantly higher than ¥5,130,142.20 in the previous period, an increase of 1,602.5%[44] - Basic earnings per share for the current period was ¥0.0981, compared to ¥0.0049 in the previous period, an increase of 1,908.2%[49] Cash Flow - The net cash flow from operating activities was ¥15,529,669.29, a turnaround from a negative cash flow of ¥71,358,285.98 in the same period last year, marking an increase of 121.76%[8] - The net cash flow from operating activities was ¥15,529,669.29, an increase of ¥86,887,955.27 or 121.76% compared to the same period last year, mainly due to improved operating performance[16] - Cash flow from operating activities generated ¥15,529,669.29, a turnaround from a negative cash flow of -¥71,358,285.98 in the previous period[54] - Net cash flow from operating activities was $66.37 million, a significant recovery from a negative $6.28 million in the previous period[61] - Total cash outflow from operating activities was $512.14 million, down from $540.29 million in the previous period[61] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,694,819,691.60, an increase of 2.30% from the end of the previous year[8] - Total liabilities increased to CNY 3,921,753,457.16 from CNY 3,870,304,335.80, reflecting a rise of 1.6%[35] - The company's total assets reached CNY 6,694,819,691.60, up from CNY 6,544,511,561.05, marking an increase of 2.3%[35] - Non-current assets amounted to CNY 5,231,579,966.06, a slight increase from CNY 5,155,401,892.46[33] - Total liabilities amounted to ¥3,108,302,527.87, slightly up from ¥3,106,228,021.28, indicating a marginal increase of 0.07%[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,911[12] - The largest shareholder, Suzhou Warner Investment Co., Ltd., held 31.80% of the shares, totaling 201,906,346 shares[12] - Net assets attributable to shareholders amounted to ¥2,721,053,045.36, up 3.59% compared to the previous year[8] - The company's equity attributable to shareholders increased to CNY 2,721,053,045.36 from CNY 2,626,722,821.43, showing a growth of 3.6%[35] Expenses - Total operating costs amounted to ¥1,502,625,057.43, up from ¥1,333,156,899.85, reflecting a rise of 12.7%[44] - Research and development expenses increased to ¥8,086,094.68 from ¥5,079,174.10, representing a growth of 59.5%[44] - Sales expenses increased to ¥34,367,223.35 from ¥29,604,354.89, reflecting higher marketing efforts[51] - Research and development expenses remained stable at ¥1,351,473.41, slightly up from ¥1,345,215.46, indicating continued investment in innovation[51] Comprehensive Income - The total comprehensive income for the current period was ¥94,359,009.19, compared to ¥17,485,925.60 in the previous period, marking an increase of 439.5%[47] - Other comprehensive income after tax for the current period was ¥32,044,950.00, compared to ¥13,574,250.00 in the previous period, an increase of 136.5%[47] Cash and Cash Equivalents - Cash and cash equivalents at the end of the reporting period amounted to ¥375,953,018.43, an increase of ¥117,641,886.18 or 45.54% compared to the beginning of the period, primarily due to bank loans issued at the end of the period[15] - Cash and cash equivalents increased to CNY 375,953,018.43 from CNY 258,311,132.25, representing a growth of 45.5%[33] - The ending cash and cash equivalents balance was $212.60 million, up from $94.20 million in the previous period[61] Investment Activities - The net cash flow from investing activities was -¥10,539,342.29, an increase of ¥83,881,314.31 or 88.84% year-on-year, primarily due to reduced cash payments for fixed assets and investments[17] - Cash inflow from investment activities totaled $6.27 million, up from $3.87 million in the previous period[61] - Net cash flow from investment activities improved to $1.16 million, compared to a negative $57.87 million in the previous period[61] Financing Activities - The net cash flow from financing activities was ¥100,801,014.99, a decrease of ¥134,466,589.36 or 57.15% year-on-year, mainly due to a reduction in bank loans[17] - Cash inflow from financing activities was $318 million, an increase from $250 million in the previous period[61] - Net cash flow from financing activities was $732,428.47, down from $13.49 million in the previous period[61] Other Information - The company received government subsidies amounting to ¥2,804,000.00 during the reporting period[8] - The company did not undergo an audit for the first quarter report[64]