太阳电缆(002300) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,280,370,180.04, representing a 31.51% increase compared to ¥973,591,896.19 in the same period last year[8]. - Net profit attributable to shareholders was ¥26,038,031.63, a significant increase of 109.61% from ¥12,422,035.75 in the previous year[8]. - The net profit after deducting non-recurring gains and losses reached ¥19,393,520.25, marking a 280.28% increase from ¥5,099,761.04 year-on-year[8]. - The basic earnings per share (EPS) was ¥0.0480, up 109.61% from ¥0.0229 in the same period last year[8]. - Total operating revenue for the current period reached ¥885,101,430.46, an increase of 31.2% compared to ¥674,675,963.28 in the previous period[65]. - Net profit for the current period was ¥30,366,980.26, representing a growth of 64.5% from ¥18,455,088.82 in the previous period[69]. - The total comprehensive income for the current period was ¥36,454,827.07, compared to ¥11,939,563.61 in the previous period, indicating a significant increase[64]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,056,390,214.79, reflecting a 6.31% increase from ¥3,815,802,100.54 at the end of the previous year[8]. - The company's total liabilities reached CNY 2,606,167,136.38, compared to CNY 2,402,033,849.20, marking an increase of about 8.5%[43]. - The company's total assets increased to ¥3,545,079,195.30, compared to ¥3,221,615,509.24 in the previous period, reflecting a growth of 10.1%[56]. - Current liabilities reached CNY 2,229,069,685.83, while total liabilities were CNY 2,402,033,849.20[88]. - The total liabilities to equity ratio stands at approximately 1.69, indicating a high level of debt relative to equity[88]. Cash Flow - The net cash flow from operating activities was -¥225,072,252.37, an improvement of 12.31% compared to -¥256,661,197.10 in the same period last year[8]. - Cash inflow from financing activities increased by 52.85% to ¥1,161,660,000.00, mainly due to higher net cash received from borrowings[25]. - The cash flow from operating activities was negative at -¥225,072,252.37, an improvement from -¥256,661,197.10 in the previous period[75]. - The company reported a net increase in cash and cash equivalents of ¥104,667,359.89, contrasting with a decrease of ¥148,437,014.20 in the previous period[84]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,106[12]. - The net assets attributable to shareholders amounted to ¥1,371,969,075.77, which is a 2.61% increase from ¥1,337,108,874.60 at the end of the last year[8]. - The equity attributable to the owners of the parent company was CNY 1,371,969,075.77, up from CNY 1,337,108,874.60, reflecting a growth of approximately 2.6%[46]. Research and Development - Research and development expenses surged by 502.25% to ¥6,661,308.66, primarily due to the initiation of projects earlier in the year compared to the previous year[22]. - Research and development expenses for the current period were ¥6,661,308.66, significantly higher than ¥1,106,074.02 in the previous period, showing an increase of 502.5%[57]. - Research and development expenses rose to ¥5,743,272.84, up from ¥515,406.96, reflecting a substantial investment in innovation[65]. Other Financial Metrics - The weighted average return on equity (ROE) was 1.93%, an increase of 1.00% from 0.93% in the previous year[8]. - The company reported a gross profit margin of approximately 2.2% for the current period, compared to 1.0% in the previous period[57]. - The company recorded a 138.16% increase in other operating expenses to ¥238,179.41, mainly due to losses from the disposal of non-current assets[22]. Government Support - The company received government subsidies amounting to ¥9,188,623.59 during the reporting period[8]. Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[99].