宝莫股份(002476) - 2019 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2019 was ¥131,616,890.14, representing a 96.29% increase compared to ¥67,053,913.88 in the same period last year[9]. - The net profit attributable to shareholders was ¥3,510,480.50, a significant turnaround from a loss of ¥12,629,958.92 in the previous year, marking a 127.89% improvement[9]. - Basic earnings per share increased to ¥0.0057 from a loss of ¥0.0206, reflecting a 127.67% improvement[9]. - The company expects to turn a profit in the first half of 2019, with a projected net profit of between 4.6 million and 6.9 million yuan, compared to a net loss of 19.06 million yuan in the same period last year[20]. - The operating profit for the current period was ¥1,394,895.06, compared to a loss of ¥4,482,787.66 in the previous period, indicating a turnaround in profitability[41]. - The net profit for the current period was ¥1,394,895.06, recovering from a net loss of ¥4,526,563.66 in the previous period, showcasing a substantial improvement[42]. Cash Flow and Financial Activities - The net cash flow from operating activities decreased by 98.50%, down to ¥192,382.68 from ¥12,847,777.92 in the previous year[9]. - Net cash flow from operating activities decreased by 98.5% compared to the same period last year, mainly due to increased cash payments for materials and decreased cash settlements for sales[17]. - Cash flow from operating activities generated a net cash inflow of ¥192,382.68, a decrease from ¥12,847,777.92 in the previous period[45]. - The net cash flow from operating activities for Q1 2019 was -4,637,383.54 CNY, compared to 2,128,569.44 CNY in Q1 2018, indicating a decline in operational performance[49]. - The total cash inflow from investment activities was 74,144,534.29 CNY, while cash outflow was 85,183,354.34 CNY, resulting in a net cash flow of -11,497.00 CNY for Q1 2019[49]. - Cash outflow from financing activities was recorded at 123,975.00 CNY, indicating limited financing activities during the quarter[50]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,039,964,687.76, a decrease of 1.22% from ¥1,052,758,580.98 at the end of the previous year[9]. - Total assets as of March 31, 2019, amounted to 1,039,964,687.76 yuan, a decrease from 1,052,758,580.98 yuan at the end of 2018[28]. - Total liabilities as of March 31, 2019, were 318,307,730.31 yuan, down from 334,612,104.03 yuan at the end of 2018[29]. - Total liabilities decreased to CNY 144,082,202.01 from CNY 150,582,241.04 at the end of 2018, reflecting a reduction of 4.3%[34]. - The company's total equity attributable to shareholders was 718,146,476.95 CNY, reflecting a stable capital structure despite operational challenges[53]. Research and Development - Research and development expenses increased by 56.79% compared to the previous year, indicating a rise in investment in new product development[16]. - Research and development expenses increased to CNY 5,450,380.18, up 56.6% from CNY 3,476,180.92 in the previous year[36]. - Research and development expenses were significantly reduced to ¥0 from ¥3,476,180.92 in the previous period, suggesting a potential shift in strategic focus[40]. Operating Costs and Expenses - The company reported a 93.69% increase in operating costs, primarily due to higher sales volumes of chemicals[16]. - Total operating costs for Q1 2019 were CNY 128,109,735.06, up 66.5% from CNY 76,929,645.21 in the same period last year[36]. - The company reported a decrease in sales expenses to ¥742,488.34 from ¥3,138,730.34 in the previous period, indicating improved cost management[40]. - The financial expenses showed a net income of ¥583,003.03, compared to a loss of ¥143,269.50 in the previous period, indicating better financial management[40]. - The company experienced a decrease in tax expenses, with tax and additional charges amounting to ¥366,384.16, down from ¥716,589.94 in the previous period, reflecting a more favorable tax position[40]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,964, with the largest shareholder holding 15.80% of the shares[12]. - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[13]. Future Plans and Expectations - The company plans to transfer 100% equity of its wholly-owned subsidiary, Guangdong Baomo, to Chang'an Holdings for a price of 87.24 million yuan, which is expected to generate a profit of 2.1073 million yuan[20]. - The company plans to adopt new financial instrument standards starting in 2019, which may impact future financial reporting[57]. - The company has not yet audited the Q1 2019 report, which may affect the reliability of the financial data presented[59].