涪陵榨菜(002507) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥526,601,163.30, representing a 3.81% increase compared to ¥507,294,494.86 in the same period last year[3] - The net profit attributable to shareholders for Q1 2019 was ¥155,248,579.64, a significant increase of 35.15% from ¥114,870,381.70 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥153,817,274.16, up 35.27% from ¥113,710,047.34 year-on-year[3] - The basic earnings per share for Q1 2019 was ¥0.20, reflecting a 33.33% increase from ¥0.15 in the same quarter last year[3] - Net profit increased by 35.15% to ¥155,248,579.64 from ¥114,870,381.70 driven by higher operating income and lower operating costs[10] - Total operating revenue for the current period reached ¥526,601,163.30, an increase from ¥507,294,494.86 in the previous period, representing a growth of approximately 3.1%[21] - Net profit for the current period was ¥155,248,579.64, up from ¥114,870,381.70 in the previous period, indicating an increase of approximately 35.1%[22] - Earnings per share (EPS) for the current period was ¥0.20, compared to ¥0.15 in the previous period, reflecting a growth of 33.3%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,172,849,952.48, which is a 6.53% increase from ¥2,978,351,468.91 at the end of the previous year[3] - The net assets attributable to shareholders at the end of the reporting period were ¥2,626,500,883.14, marking a 6.28% increase from ¥2,471,252,303.50 at the end of the previous year[3] - The company's total liabilities amounted to CNY 646,329,404.98, up from CNY 528,758,873.42, indicating a growth of about 22.3%[19] - The total current liabilities rose to CNY 573,802,557.49 from CNY 454,851,936.23, marking an increase of around 26.1%[19] - The total non-current assets were reported at CNY 857,828,849.50, a slight decrease from CNY 860,090,888.42[18] Cash Flow - The net cash flow from operating activities for Q1 2019 was ¥4,085,991.89, a recovery from a negative cash flow of ¥49,273,612.12 in the same period last year[3] - Cash inflow from operating activities totaled CNY 496,887,434.30, an increase from CNY 485,279,578.06 in the previous period[28] - Cash outflow from operating activities was CNY 492,801,442.41, down from CNY 534,553,190.18 in the previous period[28] - The company reported a net decrease in cash and cash equivalents of CNY -647,772,068.82 for the period[32] Investments and Expenses - Research and development expenses surged by 215.63% to ¥182,194.75 from ¥57,724.70, reflecting increased investment in product optimization projects[10] - The company reported a 73.95% decrease in investment income to ¥3,383,037.52 from ¥12,985,078.81 due to reduced returns from financial products[10] - Sales expenses reduced to ¥105,881,492.57 from ¥117,023,157.64, a decrease of approximately 9.5%[21] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,708[6] - The largest shareholder, Chongqing Fuling State-owned Assets Investment and Operation Group Co., Ltd., held 39.65% of the shares, totaling 312,998,400 shares[6] Other Information - The company received government subsidies amounting to ¥1,801,235.03 during the reporting period[4] - The first quarter report of Chongqing Fuling Zhacai Group Co., Ltd. was not audited[33] - The report was issued on April 20, 2019[33] - The chairman of the company is Zhou Binquan[33] - There is no mention of future outlook or performance guidance in the report[33] - The report does not outline any new strategies[33]