闽发铝业(002578) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥246,001,507.32, representing a 3.24% increase compared to ¥238,277,859.44 in the same period last year[8]. - Net profit attributable to shareholders was ¥4,270,434.96, up 5.97% from ¥4,029,789.37 year-on-year[8]. - Total revenue increased by 36.57% to CNY 345,462,613.39 compared to CNY 252,957,600.92 in the previous year[16]. - Net profit for Q1 2019 was CNY 2,422,946.57, compared to CNY 549,077.97 in Q1 2018, indicating a significant increase[36]. - The total profit for the quarter was CNY 6,192,535.29, compared to CNY 4,530,466.26 in the previous year, reflecting an increase of about 36.7%[42]. Cash Flow - The net cash flow from operating activities surged by 206.76% to ¥122,699,831.75, compared to ¥39,999,077.74 in the previous year[8]. - Cash received from operating activities rose by 31.51% to CNY 401,590,263.90, mainly from increased prepayments[16]. - Operating cash inflow totaled CNY 401,590,263.90, an increase of 31.5% compared to CNY 305,372,008.02 in the previous year[46]. - Net cash flow from operating activities reached CNY 122,699,831.75, up from CNY 39,999,077.74, representing a growth of 206.8%[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,721,268,137.32, a 0.76% increase from ¥1,708,351,786.68 at the end of the previous year[8]. - Total liabilities increased to CNY 209,371,546.04 from CNY 200,303,905.62, marking a rise of 4.83%[30]. - Total assets increased to CNY 1,721,268,137.32 from CNY 1,708,351,786.68, reflecting overall growth in the company's financial position[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,451[12]. - The largest shareholder, Huang Tianhuo, holds 27.86% of the shares, with 206,482,500 shares pledged[12]. Research and Development - Research and development expenses rose by 100.06% to CNY 4,878,090.94, reflecting increased investment in R&D[16]. - Research and development expenses for Q1 2019 were CNY 4,878,090.94, up from CNY 2,438,259.83, reflecting a growth of 100%[36]. Other Income and Expenses - Non-recurring gains and losses totaled ¥1,738,816.79 for the reporting period[9]. - The company received government subsidies amounting to ¥2,068,735.53 during the reporting period[9]. - Other income decreased by 30.77% to CNY 2,068,735.53, due to a reduction in government subsidies[16]. - Investment income fell by 66.68% to CNY 232,933.13, primarily due to decreased returns from bank financial products[16]. Financial Position Changes - The company reported a total comprehensive income of CNY 5,039,100.50 for the quarter, compared to CNY 5,576,477.37 in the previous year, showing a decrease of approximately 9.6%[43]. - The company incurred a financial expense of CNY 1,048,752.08, down from CNY 2,100,146.05, indicating a reduction of approximately 50%[41]. - The company experienced a foreign exchange gain of CNY 72,153.42 during the quarter, contributing positively to the overall financial performance[42]. - The company experienced a foreign exchange loss of CNY 471,223.89, compared to a loss of CNY 1,988,895.19 in the previous year[47].