金洲管道(002443) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,048,808,042.54, representing a 39.13% increase compared to ¥753,824,883.24 in the same period last year[7]. - Net profit attributable to shareholders was ¥42,586,328.31, a significant increase of 339.76% from ¥9,683,918.10 in the previous year[7]. - Basic earnings per share rose to ¥0.08, up 300% from ¥0.02 in the same period last year[7]. - Operating revenue for the period reached 1,048.81 million CNY, an increase of 294.98 million CNY, up 39.13% year-on-year[16]. - Net profit attributable to the parent company was 42.59 million CNY, an increase of 32.90 million CNY, up 339.76% year-on-year, mainly due to increased product sales and recovery of gross profit margin[18]. - Net profit for Q1 2019 was ¥47,620,515.21, compared to ¥11,322,384.40 in Q1 2018, representing a significant increase of 320.5%[39]. Cash Flow - The net cash flow from operating activities improved to -¥134,453,025.22, a 43.72% reduction in cash outflow compared to -¥238,917,237.84 in the previous year[7]. - Cash flow from operating activities was -134.45 million CNY, an increase in inflow of 104.46 million CNY, up 43.72% year-on-year[19]. - The cash flow from operating activities showed a net outflow of CNY 134,453,025.22, an improvement from a net outflow of CNY 238,917,237.84 in the previous year[47]. - The total cash inflow from operating activities was CNY 745,195,532.97, an increase of 16.8% compared to CNY 637,869,778.42 in the previous period[51]. - The net cash flow from operating activities was -CNY 91,817,474.35, worsening from -CNY 67,225,658.72 in the previous period[51]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,578,933,264.98, a decrease of 4.74% from ¥3,756,904,994.95 at the end of the previous year[7]. - Total liabilities as of March 31, 2019, were 11.20 billion CNY, a decrease from 13.45 billion CNY as of December 31, 2018[30]. - The company's total assets as of March 31, 2019, were ¥2,668,629,473.75, a slight decrease from ¥2,709,691,201.51 at the end of 2018[36]. - The company's total liabilities decreased to ¥748,997,311.44 from ¥833,821,234.05, a reduction of 10.2%[35]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,876, with the top ten shareholders holding a combined 34.24% of the shares[10]. - The equity attributable to shareholders of the parent company rose to ¥1,919,632,162.31 from ¥1,875,869,967.46, an increase of 2.3%[36]. Expenses - Operating costs for the period were 912.71 million CNY, an increase of 237.97 million CNY, up 35.27% year-on-year[16]. - Sales expenses for the period were 38.78 million CNY, an increase of 19.12 million CNY, up 97.25% year-on-year, mainly due to increased logistics costs associated with higher product sales[17]. - Research and development expenses for Q1 2019 were ¥13,596,315.77, down from ¥22,165,786.75 in the previous year, indicating a decrease of 38.8%[37]. - Tax expenses for the period were 11.57 million CNY, an increase of 9.80 million CNY, up 552.21% year-on-year, due to increased taxable income[18]. Investment Activities - Investment income for the period was 25.75 million CNY, an increase of 28.82 million CNY, primarily from the transfer of all shares of Lingtu Software[18]. - The company completed the transfer of all shares of Beijing Lingtu Software Technology Co., Ltd., resulting in a 100% decrease in held-for-sale assets[14]. - The company received CNY 606,510,000.00 in cash from investment recoveries, compared to CNY 312,000,000.00 in the previous year[48]. - Cash inflow from investment activities totaled CNY 131,757,981.64, up from CNY 60,322,975.34, marking a significant increase[51]. Other Financial Metrics - The company's deferred income increased by 74.83% to ¥157,189,100.00, attributed to the completion of production line relocations[15]. - The company reported a significant increase in prepayments, which rose to ¥220,235,624.10 from ¥185,433,840.13, reflecting a growth of 18.7%[33]. - Asset impairment losses for the period were 9.56 million CNY, an increase of 5.25 million CNY, up 121.69% year-on-year, due to normal provisions for bad debts[18]. - The report for the first quarter was not audited[53].