久立特材(002318) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,011,148,818.72, representing a 13.26% increase compared to ¥892,794,386.25 in the same period last year[3]. - Net profit attributable to shareholders was ¥71,773,703.47, a significant increase of 48.87% from ¥48,213,835.65 year-on-year[3]. - The net profit after deducting non-recurring gains and losses reached ¥56,895,567.28, marking a 50.50% increase from ¥37,805,469.90 in the previous year[3]. - Basic earnings per share (EPS) increased to ¥0.0853, up 48.87% from ¥0.0573 in the previous year[3]. - Diluted EPS was reported at ¥0.0840, reflecting a 46.60% increase compared to ¥0.0573 in the same period last year[3]. - The weighted average return on net assets rose to 2.24%, an increase of 0.59 percentage points from 1.65% year-on-year[3]. - The total comprehensive income for Q1 2019 was CNY 76,052,372.35, compared to CNY 56,001,050.71 in the same quarter last year, marking a 35.8% increase[33]. - The company's operating profit for Q1 2019 was CNY 81,388,536.65, up from CNY 58,426,535.50 in Q1 2018, which is a 39.2% increase[28]. Cash Flow - The net cash flow from operating activities was ¥212,895,911.66, a remarkable turnaround from a negative cash flow of -¥105,179,513.63 in the same period last year, representing a 317.31% improvement[3]. - The net cash flow from operating activities for Q1 2019 was CNY 1,284,378,520.35, significantly higher than CNY 878,996,935.67 in the same period last year[34]. - Operating cash inflow totaled CNY 1,329,725,679.03, an increase from CNY 919,649,458.05 year-over-year[35]. - Cash outflow from investment activities amounted to CNY 370,268,901.08, up from CNY 33,856,262.09 year-over-year[36]. - Net cash flow from investment activities was negative CNY 133,062,635.13, compared to negative CNY 33,554,022.51 in the previous year[36]. - Cash inflow from financing activities was CNY 20,697,754.73, significantly lower than CNY 266,695,836.97 in the same quarter last year[36]. - Net cash flow from financing activities decreased to negative CNY 40,375,038.08 from positive CNY 44,000,344.71 year-over-year[36]. - The ending balance of cash and cash equivalents was CNY 806,592,376.72, compared to CNY 593,004,411.80 at the end of the same quarter last year[36]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,139,674,210.69, a slight decrease of 0.82% from ¥5,182,108,725.78 at the end of the previous year[3]. - The company's total assets as of March 31, 2019, were ¥4,832,136,498.11, a decrease from ¥4,879,356,668.88 at the end of 2018[26]. - Total liabilities decreased to ¥1,779,106,925.12 from ¥1,892,138,566.32, reflecting a reduction of approximately 5.9%[21]. - The total liabilities decreased to ¥1,707,665,447.95 from ¥1,820,946,471.09, showing a reduction of 6.2%[25]. - The company's total liabilities reached CNY 1,892,138,566.32, with current liabilities at CNY 884,856,545.86 and non-current liabilities at CNY 1,007,282,020.46[43]. - The company's equity totaled CNY 3,289,970,159.46, with total equity attributable to shareholders at CNY 3,172,024,645.13[43]. Expenses - Total operating costs for Q1 2019 were ¥946,295,718.90, up from ¥846,593,012.38, reflecting a year-over-year increase of 11.8%[27]. - Research and development expenses surged by 140.17% to CNY 42,207,268.59, attributed to an increase in ongoing R&D projects[11]. - The company reported a decrease in management expenses by 21.74% to CNY 35,750,171.10, compared to CNY 45,682,563.90 in the previous year[11]. - The financial expenses decreased to CNY 10,056,703.12 in Q1 2019 from CNY 17,543,171.51 in the previous year, a reduction of 42.3%[30]. - Cash paid to employees increased to CNY 107,331,738.08 from CNY 73,540,494.83 in the previous year[35]. - Cash paid for taxes rose to CNY 82,397,116.17, compared to CNY 28,594,784.31 in the same period last year[35]. Shareholder Information - Net assets attributable to shareholders increased to ¥3,243,855,911.94, up 2.26% from ¥3,172,024,645.13 at the end of the previous year[3]. - The equity attributable to shareholders of the parent company increased to ¥3,124,471,050.16 from ¥3,058,410,197.79, reflecting a growth of 2.2%[26]. - The company is currently fulfilling its share transfer commitments as per the agreements made during its initial public offering and refinancing[13]. Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[16]. - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[16]. - The first quarter report was unaudited, indicating a preliminary assessment of financial performance[49].