雅化集团(002497) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 649,199,515.86, representing a 16.15% increase compared to CNY 558,932,665.30 in the same period last year[9]. - Net profit attributable to shareholders was CNY 31,083,196.93, a decrease of 41.92% from CNY 53,515,262.07 year-on-year[9]. - Basic earnings per share decreased by 41.94% to CNY 0.0324 from CNY 0.0558 in the same period last year[9]. - The company reported a net profit for the current period of ¥33,577,427.43, a decrease of 40.4% from ¥56,184,135.04 in the previous period[69]. - The company's operating revenue for the current period is ¥16,352,766.36, a decrease of 62.1% compared to ¥43,155,023.61 in the previous period[73]. - The net profit for the current period is a loss of ¥3,646,277.51, compared to a profit of ¥4,672,950.92 in the previous period, indicating a significant decline[77]. Cash Flow - The net cash flow from operating activities was CNY 5,734,238.35, down 75.91% from CNY 23,799,002.25 in the previous year[9]. - Cash and cash equivalents decreased by CNY 98.40 million, a decline of 39.47%, primarily due to investment expenditures for the construction of a 20,000-ton battery-grade lithium carbonate production line[23]. - The net cash flow from operating activities was -4,866,253.13, a decrease from 3,950,272.94 in the previous period, indicating a decline in operational performance[89]. - Cash inflow from investment activities totaled 186,652,904.11, down from 228,223,269.73 in the previous period, reflecting reduced investment recovery[89]. - The net cash flow from financing activities was 9,385,417.98, significantly lower than 242,603,340.11 in the previous period, suggesting reduced financing efficiency[92]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,809,616,280.01, an increase of 1.46% from CNY 4,740,467,138.71 at the end of the previous year[9]. - Long-term borrowings increased by CNY 239.00 million, a growth of 84.05%, due to loans obtained for the construction of the lithium carbonate production line[23]. - Total liabilities rose to ¥1,870,509,356.17, compared to ¥1,749,990,924.65, indicating an increase of 6.86%[52]. - The company's total liabilities were CNY 1,749,990,924.65, while total equity stood at CNY 2,990,476,214.06[99]. - Current liabilities decreased to ¥1,214,025,325.21 from ¥1,331,940,280.21, a reduction of 8.83%[52]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 105,456[13]. - The largest shareholder, Zheng Rong, holds 14.32% of the shares, amounting to 137,519,340 shares[13]. - The company has repurchased a total of 12,042,100 shares, accounting for 1.25% of the total share capital, with a total expenditure of RMB 100,000,342.78[36]. Investment and Development - The company has completed the first phase of its lithium production line, targeting an annual output of 20,000 tons of battery-grade lithium carbonate (lithium hydroxide)[33]. - Research and development expenses increased by CNY 6.99 million, a growth of 81.27%, reflecting the company's increased investment in technology enhancement[23]. - The company received environmental approval for the lithium production line project from the Sichuan Provincial Environmental Protection Department[33]. Comprehensive Income - The company reported a comprehensive income total of ¥45,749,109.64, compared to ¥41,528,855.04, an increase of 10.6%[72]. - The total comprehensive income for the current period is a loss of ¥3,746,781.33, compared to a profit of ¥4,567,936.56 in the previous period[79].