齐峰新材(002521) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was ¥762,194,720.98, a decrease of 12.30% compared to ¥869,128,285.32 in the same period last year[8] - Net profit attributable to shareholders was ¥1,990,297.39, down 91.04% from ¥22,224,657.22 year-on-year[8] - The net profit after deducting non-recurring gains and losses was -¥4,660,501.14, a decline of 123.64% compared to ¥19,711,811.97 in the previous year[8] - Basic and diluted earnings per share were both ¥0, down 100.00% from ¥0.04 in the previous year[8] - Net profit decreased by 91.04% to ¥1,990,297.39 from ¥22,224,657.22, primarily due to the increase in raw material prices outpacing product price growth[16] - Sales revenue from goods and services decreased by 39.90% to ¥515,509,942.11 from ¥857,711,947.69, attributed to a decline in sales volume[16] - Total operating revenue for Q1 2019 was CNY 762,194,720.98, a decrease of 12.3% compared to CNY 869,128,285.32 in the previous period[35] - Total operating costs for Q1 2019 were CNY 767,272,982.27, down from CNY 843,593,777.94, reflecting a reduction of 9.0%[35] - Net profit for Q1 2019 was CNY 1,990,297.39, a significant decline of 91.1% from CNY 22,224,657.22 in the same period last year[37] Cash Flow and Assets - The net cash flow from operating activities was ¥134,883,945.03, a decrease of 59.38% from ¥332,071,014.65 in the same period last year[8] - Cash and cash equivalents increased by 158.19% to ¥323,852,168.86 from ¥125,430,518.07 due to the transfer of wealth management funds into cash[16] - Cash received from investment income increased by 354.43% to ¥4,779,332.97 from ¥1,051,708.89, indicating a rise in wealth management income[16] - The company's total assets as of March 31, 2019, amounted to CNY 3,113,417,096.55, slightly down from CNY 3,120,317,079.51 at the end of 2018[34] - Cash and cash equivalents increased to CNY 75,361,882.48 from CNY 27,303,188.39, representing a growth of 176.5%[31] - The cash and cash equivalents at the end of the period amount to CNY 313,829,429.67, compared to CNY 391,518,009.00 at the end of the previous period[46] - The ending balance of cash and cash equivalents was CNY 67,239,143.29, down from CNY 102,358,735.62 year-over-year[50] Shareholder Information - The total number of common shareholders at the end of the reporting period was 30,669[12] - The largest shareholder, Li Xuefeng, held 16.31% of the shares, amounting to 80,695,965 shares[12] - The net assets attributable to shareholders at the end of the reporting period were ¥3,378,116,577.79, a slight increase of 0.06% from ¥3,376,126,280.40 at the end of the previous year[8] - The equity attributable to shareholders of the parent company totaled CNY 3,378,116,577.79, slightly up from CNY 3,376,126,280.40[32] Expenses and Liabilities - Employee cash payments decreased by 45.83% to ¥45,963,873.35 from ¥84,849,318.91, reflecting a reduction in year-end bonuses[16] - Tax payable increased by 125.92% to ¥13,640,023.10 from ¥6,037,676.28, indicating an increase in unpaid value-added tax[16] - Other income decreased by 31.48% to ¥1,886,618.28 from ¥2,753,503.72, primarily due to a reduction in government subsidies received[16] - The company's total liabilities were CNY 98,486,636.52, a decrease from CNY 104,208,080.11, reflecting a reduction of 5.5%[33] - The company’s total liabilities include a repayment of debts amounting to CNY 171,364,785.31 during the financing activities[46] Research and Development - Research and development expenses for Q1 2019 were CNY 26,960,070.24, down from CNY 32,653,911.31, a decrease of 17.5%[35] - Research and development expenses for the current period are CNY 8,490.57[40] Investment Activities - Investment cash outflows decreased by 56.98% to ¥365,000,000.00 from ¥848,412,640.00, reflecting a reduction in the total amount of wealth management products purchased[16] - Cash flow from investing activities generated a net inflow of CNY 76,198,595.89, compared to CNY 50,345,805.12 previously[50] - Cash received from investment recoveries was CNY 90,000,000.00, up from CNY 74,412,640.00 in the previous period[49] - Cash paid for investments was CNY 15,000,000.00, a decrease from CNY 24,412,640.00 year-over-year[50] - The company reported an investment income of CNY 5,588,880.15, compared to a loss of CNY 409,421.50 in the previous period[37] Audit Status - The company’s first-quarter report was not audited[51]