金固股份(002488) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥461,906,837.24, a decrease of 24.59% compared to ¥612,557,988.04 in the same period last year[10] - Net profit attributable to shareholders was ¥28,706,053.07, down 21.52% from ¥36,577,132.35 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥30,205,224.97, a decrease of 9.77% compared to ¥33,477,066.89 in the previous year[10] - Basic and diluted earnings per share were both ¥0.03, reflecting a decline of 25.00% from ¥0.04[10] - Total operating revenue for the first quarter was CNY 464,778,087.22, a decrease of 25% compared to CNY 619,533,304.61 in the same period last year[53] - Net profit attributable to the parent company increased to CNY 518,791,146.45, up from CNY 470,494,093.49 year-on-year[52] - The operating profit for the current period is CNY 51,180,104.01, compared to CNY 51,539,028.10 in the previous period, showing a decrease of approximately 0.70%[64] - The net profit for the current period is CNY 48,297,052.96, slightly up from CNY 48,176,923.80 in the previous period, indicating a growth of about 0.25%[64] Cash Flow - The net cash flow from operating activities improved to -¥246,495,411.87, a 13.63% increase from -¥285,409,510.76 in the same period last year[10] - Operating cash inflow totaled ¥524,510,023.77, a decrease from ¥909,114,107.27[70] - Operating cash outflow amounted to ¥771,005,435.64, down from ¥1,194,523,618.03[70] - Cash flow from operating activities is CNY 416,436,331.27, down from CNY 642,751,098.09 in the previous period, indicating a decrease of approximately 35.2%[67] - Net cash flow from investment activities was -¥560,693,682.02, a decline from -¥18,218,945.69[77] - Net cash flow from financing activities was ¥255,208,555.70, an increase from ¥13,451,761.44[73] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,286,772,430.44, a slight increase of 0.11% from ¥7,278,581,125.32 at the end of the previous year[10] - Total current assets decreased to 3,401,713,578.13 CNY from 3,579,817,429.02 CNY, a decline of approximately 5%[36] - Total non-current assets increased to 3,885,058,852.31 CNY from 3,698,763,696.30 CNY, showing an increase of about 5%[36] - Total liabilities increased to 3,285,700,275.68 CNY from 3,259,799,085.87 CNY, indicating a rise of approximately 0.8%[39] - Total liabilities amounted to CNY 2,721,820,320.84, an increase from CNY 2,576,629,499.14, indicating a rise of about 5.6%[49] - Current liabilities reached ¥2,734,321,783.66, including short-term borrowings of ¥1,659,785,120.00[84] Shareholder Information - The top ten shareholders held a total of 72,651 shares, with the largest shareholder, Sun Jinguo, owning 12.52% of the shares[13] - The company did not engage in any repurchase transactions during the reporting period[16] - As of March 28, 2019, the company repurchased a total of 38,647,308 shares, accounting for approximately 3.82% of the total share capital before the repurchase plan[22] Inventory and Receivables - Accounts receivable increased to 475,100,508.33 CNY from 407,983,492.44 CNY, indicating a growth of approximately 16.8%[33] - Inventory as of March 31, 2019, was reported at 799,683,865.95 CNY, up from 668,674,900.87 CNY, reflecting an increase of about 19.6%[33] - Inventory levels increased to CNY 578,356,143.39, up from CNY 533,286,009.56, marking an increase of about 8.4%[43] Research and Development - Research and development expenses for the quarter were CNY 6,179,817.63, compared to CNY 5,134,741.55 in the previous year, reflecting an increase of approximately 20.4%[53] - The research and development expenses for the current period are CNY 5,669,089.26, up from CNY 4,352,418.02 in the previous period, representing an increase of about 30.2%[60] Other Financial Metrics - The company reported a non-operating income of ¥4,017,921.27 from government subsidies, while non-operating expenses totaled -¥331,712.23[10] - The total comprehensive income for the period was CNY 4,017,856.02, compared to CNY 3,095,151.54 in the previous year, showing an increase of approximately 29.7%[53] - The income tax expense for the current period is CNY 2,835,051.05, down from CNY 3,818,554.56 in the previous period, reflecting a decrease of about 25.7%[64] - The other income for the current period is CNY 2,610,022.30, compared to CNY 1,771,061.78 in the previous period, indicating an increase of approximately 47.3%[60] Audit Status - The report indicates that the first quarter results were not audited[90]