圣阳股份(002580) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥443,063,360.15, representing a 21.07% increase compared to ¥365,945,415.87 in the same period last year[7] - The net profit attributable to shareholders for Q1 2019 was ¥4,641,404.76, an increase of 18.52% from ¥3,916,180.69 in the previous year[7] - The total operating revenue for Q1 2019 was CNY 443,063,360.15, an increase of 20.9% compared to CNY 365,945,415.87 in the same period last year[49] - The total profit for the first quarter was CNY 6,661,284.37, up from CNY 3,863,354.37 in the previous year, indicating a year-over-year increase of about 72.3%[55] - The company's operating profit was CNY 6,199,669.75, compared to CNY 3,760,936.13 in the previous period, reflecting a growth of approximately 64.7%[55] - The net profit for the first quarter of 2019 was CNY 5,662,091.71, compared to CNY 3,283,851.21 in the same period last year, representing a growth of approximately 72.3%[55] - The total comprehensive income for the first quarter was CNY 5,662,091.71, an increase from CNY 3,283,851.21 in the previous year[56] Cash Flow - The net cash flow from operating activities improved to -¥77,746,528.76, a reduction of 18.86% compared to -¥95,813,378.32 in the same period last year[7] - The net cash flow from operating activities was -77,746,528.76 CNY, compared to -95,813,378.32 CNY in the previous year, indicating an improvement of approximately 18.5%[59] - Total cash inflow from operating activities was 372,155,373.11 CNY, while cash outflow was 449,901,901.87 CNY, resulting in a net cash outflow of 77,746,528.76 CNY[60] - The ending balance of cash and cash equivalents decreased to 110,158,154.11 CNY from 186,569,499.91 CNY, reflecting a decline of approximately 41%[60] - The company received 14,733,340.99 CNY in cash related to operating activities, down from 31,766,112.85 CNY, indicating a decline of approximately 53.6%[59] - The cash flow from operating activities was impacted by a total outflow of 449,901,901.87 CNY, which included payments to suppliers and employees totaling 346,389,777.04 CNY and 32,017,903.60 CNY respectively[60] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,963,920,843.54, reflecting a 2.68% increase from ¥1,912,641,534.78 at the end of the previous year[7] - The company's total assets amounted to CNY 1,963,920,843.54 as of March 31, 2019, compared to CNY 1,912,641,534.78 at the end of 2018[41] - The total liabilities increased to CNY 746,546,064.28 from CNY 698,723,662.80, reflecting a growth of 6.9%[48] - Current liabilities reached CNY 490,393,176.29, while total liabilities were CNY 708,144,597.81[67] - The company's total non-current assets decreased to CNY 568,247,778.64 as of March 31, 2019, from CNY 580,371,028.01 at the end of 2018[41] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,525[11] - The top shareholder, Song Bin, holds 7.26% of the shares, totaling 25,704,287 shares[11] - The net assets attributable to shareholders increased to ¥1,191,484,622.80, a slight rise of 0.51% from ¥1,185,482,362.05 at the end of the previous year[7] - The total equity attributable to shareholders increased to CNY 1,193,252,160.56 from CNY 1,187,590,068.85, reflecting a growth of 0.5%[48] Expenses and Impairments - The total operating costs for Q1 2019 were CNY 446,510,555.63, up from CNY 369,140,238.03, reflecting a rise of 20.9%[49] - The gross profit margin decreased, with operating costs rising faster than revenue, leading to a net loss of CNY 3,447,195.48 for the quarter[49] - R&D expenses for Q1 2019 were CNY 7,080,808.41, down from CNY 8,814,088.97, a decrease of 19.6%[49] - The company incurred asset impairment losses of CNY 7,200,000.00, compared to a reversal of CNY 2,100,000.00 in the previous year[54] - Asset impairment losses increased by 8,527,700 yuan, an increase of 457.54%, mainly due to the increase in accounts receivable and the provision for bad debts[20] Other Financial Information - The company reported government subsidies recognized in the current period amounting to ¥7,844,253.16[8] - The company did not classify any non-recurring gains and losses as recurring during the reporting period[9] - Trading financial assets decreased by 810,400 yuan, a reduction of 100%, due to the implementation of new financial instrument accounting standards[16] - Prepaid accounts increased by 1,447,500 yuan, an increase of 32.44%, mainly due to the increase in prepaid material payments[16] - Other receivables increased by 9,594,900 yuan, an increase of 175.11%, primarily due to the increase in futures margin and bid margin[16] - Cash received from tax refunds increased by 885,200 yuan, an increase of 117.01%, mainly due to an increase in export tax rebates[25] - Cash paid for various taxes increased by 20,687,000 yuan, an increase of 55.66%, mainly due to increased VAT and consumption tax payments[25]