百洋股份(002696) - 2019 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2019 was ¥552,201,508.31, representing a 9.05% increase compared to ¥506,375,737.85 in the same period last year[8] - Net profit attributable to shareholders decreased by 45.52% to ¥7,336,430.35 from ¥13,465,948.33 year-on-year[8] - The net profit after deducting non-recurring gains and losses fell by 49.73% to ¥5,666,227.34 compared to ¥11,270,949.18 in the previous year[8] - Basic and diluted earnings per share both decreased by 45.45% to ¥0.0186 from ¥0.0341 year-on-year[8] - Net profit attributable to the listed company was 733.64 million yuan, a decrease of 612.95 million yuan, representing a decline of 45.52%, mainly due to reduced effective orders from affiliated enterprises and increased losses from some campuses[15] - Net profit for Q1 2019 was CNY 8,323,200.68, down 39.5% from CNY 13,663,411.30 in Q1 2018[36] - Total profit for Q1 2019 was CNY -10,324,921.16, compared to CNY 5,063,474.62 in Q1 2018, marking a substantial decline[39] - The company reported a total comprehensive income of CNY 8,323,200.68 for Q1 2019, down from CNY 13,663,411.30 in Q1 2018[36] Cash Flow - The net cash flow from operating activities surged by 635.79% to ¥60,702,652.02, up from ¥8,249,973.51 in the same period last year[8] - Operating cash flow net inflow was 6,070.27 million yuan, an increase of 5,245.27 million yuan, with a growth rate of 635.53%, mainly due to increased pre-received tuition and receivables recovery[16] - Cash flow from operating activities for Q1 2019 was CNY 60,702,652.02, an increase from CNY 8,252,924.68 in the same period last year[43] - The net cash flow from operating activities was 20,413,017.08 CNY, a significant improvement from -25,685,442.29 CNY in the previous period[45] - The net cash flow from financing activities was 92,294,271.78 CNY, compared to a negative cash flow of -90,782,152.27 CNY in the previous period[44] - The net cash flow from financing activities was 45,046,394.89 CNY, compared to 25,597,749.96 CNY in the previous period[47] Assets and Liabilities - Total assets at the end of the reporting period increased by 2.13% to ¥3,796,761,386.32 from ¥3,717,440,260.24 at the end of the previous year[8] - Total liabilities increased to CNY 770,359,002.44 in Q1 2019 from CNY 679,342,735.42 in Q1 2018, marking a rise of 13.4%[33] - The company's cash and cash equivalents rose to CNY 96,637,096.76 in Q1 2019, up from CNY 71,445,005.28 at the end of 2018, indicating a growth of 35.3%[31] - The ending balance of cash and cash equivalents was 212,337,096.76 CNY, down from 307,617,832.67 CNY in the previous period[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,021[11] - The largest shareholder, Sun Zhongyi, holds 33.74% of the shares, with 106,386,003 shares pledged[11] Other Financial Metrics - Financial expenses for the reporting period were 881.27 million yuan, an increase of 583.32 million yuan, with a growth rate of 195.78%, mainly due to increased loan scale and interest rates[15] - Investment income was -483.02 million yuan, an increase in loss of 946.54 million yuan, with an increase in investment loss of 204.21%, mainly due to decreased engineering business volume of affiliated enterprises[15] - The company reported non-recurring gains of ¥1,670,203.01, primarily from government subsidies and other income[9] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was 1,864.82 million yuan, an increase of 508.20 million yuan, representing a growth of 37.46% due to increased project construction expenditures[17] Inventory and Receivables - Accounts receivable at the end of the reporting period decreased by 7,982.76 million yuan, a decline of 13.56% compared to the end of the previous year, mainly due to the recovery of some receivables from the previous year[15] - Prepaid accounts increased by 7,974.44 million yuan, an increase of 73.93%, primarily due to increased prepayments for raw materials and project engineering[15] - The company reported a decrease in accounts receivable from CNY 61,175,234.44 in Q4 2018 to CNY 53,450,878.20 in Q1 2019, a decline of 12.5%[31] - The company’s inventory decreased to CNY 14,407,520.26 in Q1 2019 from CNY 19,813,183.33 in Q4 2018, reflecting a reduction of 27.3%[31] - The company’s other receivables increased to CNY 406,209,824.01 in Q1 2019 from CNY 373,197,405.07 in Q4 2018, an increase of 8.9%[31] Audit and Reporting - The first quarter report was not audited[49]