嘉欣丝绸(002404) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥903,006,849.79, representing a 20.05% increase compared to ¥752,188,504.11 in the same period last year[8] - Net profit attributable to shareholders was ¥40,262,698.58, up 28.89% from ¥31,238,441.24 year-on-year[8] - The net profit after deducting non-recurring gains and losses surged to ¥18,031,065.78, a significant increase of 1,775.80% compared to ¥961,244.66 in the previous year[8] - Basic earnings per share rose to ¥0.07, reflecting a 16.67% increase from ¥0.06 in the previous year[8] - The company reported a total comprehensive income of ¥42,787,706.59, compared to ¥32,687,089.29 in the previous period, indicating strong overall performance[41] - Net profit for the current period was ¥42,773,992.77, representing a 30.67% increase from ¥32,748,112.08 in the previous period[40] - The company achieved a profit margin of approximately 4.73% for the current period, up from 4.35% in the previous period[40] Cash Flow - The net cash flow from operating activities decreased by 64.69% to ¥63,898,313.57 from ¥180,976,098.80 in the same period last year[8] - The net cash flow from operating activities for the current period is ¥63,898,313.57, a decrease of 64.7% compared to ¥180,976,098.80 in the previous period[46] - Total cash inflow from operating activities is ¥1,023,127,750.73, slightly up from ¥1,019,499,480.12 in the previous period[46] - Cash outflow from operating activities increased to ¥959,229,437.16 from ¥838,523,381.32, representing a rise of 14.4%[46] - The net cash flow from investing activities is -¥208,802,182.89, an improvement from -¥417,612,997.56 in the previous period[47] - Cash inflow from investing activities decreased to ¥115,373,370.23 from ¥161,223,332.22[47] - Cash outflow from investing activities decreased to ¥324,175,553.12 from ¥578,836,329.78, a reduction of 44%[47] - The net cash flow from financing activities is -¥25,824,886.32, down from ¥230,751,687.44 in the previous period[47] - Total cash inflow from financing activities is ¥340,000,000.00, compared to ¥456,995,239.51 previously[47] - The ending balance of cash and cash equivalents is ¥316,651,635.19, down from ¥432,076,295.99[47] - The company reported a decrease in cash and cash equivalents of ¥170,714,816.32 compared to a decrease of ¥5,913,087.48 in the previous period[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,002,318,215.77, a slight decrease of 1.09% from ¥3,035,439,659.02 at the end of the previous year[8] - Total assets amounted to CNY 3,035,439,659.02, a decrease of CNY 22,690,101.74 compared to the previous period[55] - Current assets totaled CNY 2,124,531,528.23, with a slight decrease of CNY 11,857,920.00[54] - Non-current assets reached CNY 910,908,130.79, reflecting a decrease of CNY 10,832,181.74[55] - Total liabilities were CNY 1,212,425,672.83, showing an increase of CNY 5,672,525.44[56] - Current liabilities amounted to CNY 1,148,272,357.64, unchanged from the previous period[55] - Non-current liabilities increased from CNY 64,153,315.19 to CNY 71,539,408.17, an increase of approximately 11.5%[32] - The company's equity totaled CNY 1,823,013,986.19, a decrease of CNY 17,017,576.30[56] Shareholder Information - The top shareholder, Zhou Guojian, holds 19.67% of the shares, with a total of 113,644,600 shares, of which 85,233,450 are pledged[12] - The total number of ordinary shareholders at the end of the reporting period was 37,969[12] Investment and Expenses - Investment income rose by CNY 15,041,906.61, a significant increase of 2,267.97%, mainly from the disposal gains of the "Paradise Silicon Valley - Xianfu No. 1 Asset Management Plan"[18] - Financial expenses decreased by CNY 6,362,295.03, a decline of 31.74%, primarily due to reduced foreign exchange losses[17] - Research and development expenses increased to ¥9,872,655.66, up from ¥8,630,305.39 in the previous period, reflecting a focus on innovation[38] - The financial expenses decreased to ¥13,683,979.85 from ¥20,046,274.88, showing improved cost management[38] Market Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[40] - The company’s financial report reflects a cautious outlook amid market conditions, with no specific guidance provided for future performance[61] - The first quarter report was not audited, indicating a preliminary financial status[61] - The company did not report any new product launches or technological advancements during this quarter[61]