海洋王(002724) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥252,418,630.59, representing a 15.47% increase compared to ¥218,595,326.41 in the same period last year[7]. - Net profit attributable to shareholders was ¥21,043,072.25, up 17.72% from ¥17,875,309.45 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥10,726,055.99, reflecting a 21.47% increase from ¥8,830,285.73 in the previous year[7]. - The basic earnings per share increased to ¥0.0292, a rise of 17.74% compared to ¥0.0248 in the same period last year[7]. - Operating revenue increased by ¥33.82 million, a growth of 15.47%, driven by the company's deep exploration of customer needs[14]. - Net profit increased by ¥3.21 million, a growth of 17.95%, attributed to the overall increase in profit before tax[14]. - Total operating revenue for Q1 2019 was CNY 252,418,630.59, an increase of 15.5% compared to CNY 218,595,326.41 in the same period last year[47]. - Net profit for Q1 2019 reached CNY 21,043,072.25, representing a growth of 17.8% from CNY 17,875,309.45 in Q1 2018[49]. - Basic and diluted earnings per share for Q1 2019 were CNY 0.0292, compared to CNY 0.0248 in the previous year[50]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,100,374,784.68, a decrease of 4.14% from ¥2,191,104,133.87 at the end of the previous year[7]. - Total current assets decreased to ¥1,580,432,725.41 as of March 31, 2019, down from ¥1,663,939,580.03 at the end of 2018, representing a decline of approximately 5%[38]. - Total liabilities decreased to ¥180,505,771.52 from ¥292,431,566.93, a decline of about 38%[40]. - Total assets amounted to ¥2,100,374,784.68, down from ¥2,191,104,133.87, indicating a decrease of approximately 4%[41]. - Non-current assets totaled ¥519,942,059.27, slightly down from ¥527,164,553.84, a decrease of about 1.5%[39]. - Total liabilities as of the end of Q1 2019 amounted to CNY 55,808,233.23, a decrease from CNY 88,469,397.95 at the end of the previous year[46]. - Total equity at the end of Q1 2019 was CNY 1,130,454,735.34, slightly down from CNY 1,141,288,414.24 at the end of the previous year[46]. Cash Flow - The company reported a net cash flow from operating activities of -¥75,208,853.21, which is a decline of 3.89% compared to -¥72,393,634.57 in the same period last year[7]. - Cash inflow from operating activities totaled 343,276,378.65 CNY, an increase from 300,415,663.16 CNY year-over-year[57]. - Cash outflow from operating activities was 418,485,231.86 CNY, compared to 372,809,297.73 CNY in the previous period, leading to a net cash flow from operating activities of -75,208,853.21 CNY[57]. - The company reported a net increase in cash and cash equivalents of -219,879,173.01 CNY for the period[58]. - The cash and cash equivalents at the end of the period were 188,017,120.37 CNY, down from 259,174,113.60 CNY at the end of the previous period[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,479[10]. - The company implemented a cash dividend of ¥0.55 per 10 shares, distributing a total of ¥22 million in cash dividends[17]. - Employee stock ownership plan was approved and implemented, with a total of 3,894,300 shares purchased, accounting for 0.97% of the company's total share capital[16]. - The first phase of the employee stock ownership plan was extended for an additional 36 months, ending on April 13, 2021[18]. - The company completed the cancellation of 7.63863 million stock options related to its equity incentive plan for 21 individuals, with one individual having 761,325 stock options frozen due to personal reasons[22]. Other Financial Metrics - The weighted average return on equity was 1.10%, up from 1.01% in the previous year[7]. - The company received government subsidies amounting to ¥4,934,140.00 during the reporting period[8]. - Cash and cash equivalents decreased by ¥222.59 million, a decline of 53.74%, mainly due to increased structured deposits and payments for expenses from the previous year[14]. - Financial expenses increased by ¥2.37 million, a growth of 167.57%, mainly due to the increase in cash used for structured deposits[14]. - Other receivables increased by ¥21.95 million, a growth of 113.82%, primarily due to an increase in receivables from transactions[14]. - Tax payables decreased by ¥28.28 million, a decline of 53.49%, mainly due to payments made for corporate income tax and VAT from the previous year[14]. - Research and development expenses for Q1 2019 were CNY 15,147,351.05, a decrease of 11.5% from CNY 17,135,219.23 in Q1 2018[47]. - The company reported a foreign exchange gain of CNY 44,596.01 in Q1 2019, compared to CNY 3,280.96 in the same period last year[49]. - Other income for Q1 2019 was CNY 6,991,329.35, down from CNY 8,921,328.13 in Q1 2018[47].