跃岭股份(002725) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 210,486,612.99, representing a 2.01% increase compared to CNY 206,345,252.56 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2019 reached CNY 22,755,495.90, a significant increase of 435.93% from CNY 4,246,000.03 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was CNY 16,305,810.35, up 347.81% from CNY 3,641,219.47 year-on-year[8]. - The basic earnings per share for Q1 2019 was CNY 0.0889, reflecting a 435.54% increase from CNY 0.0166 in the same quarter last year[8]. - Operating profit increased by 436.24% to ¥26,958,838.98, driven by an increase in gross margin and government subsidies[17]. - The total comprehensive income for Q1 2019 was CNY 22,817,199.60, compared to CNY 4,199,093.85 in the same period last year, reflecting an increase of approximately 442.5%[42]. Cash Flow - The net cash flow from operating activities was CNY 15,228,451.31, a turnaround from a negative cash flow of CNY -49,083,220.51 in the previous year, marking a 131.03% improvement[8]. - Cash flow from operating activities turned positive at ¥15,228,451.31, a significant improvement from a negative cash flow of ¥49,083,220.51 in the same period last year[17]. - The cash flow from operating activities was CNY 201,551,959.42, compared to CNY 189,597,235.71 in the previous period, indicating an increase of about 6.9%[48]. - The total cash outflow for operating activities was CNY 217,000,927.13, a decrease from CNY 254,213,346.64 in the previous period[53]. - The net increase in cash and cash equivalents for the period was CNY 14,929,521.99, contrasting with a decrease of CNY -74,707,653.80 in the previous period[54]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,172,523,873.93, a decrease of 2.46% from CNY 1,202,065,873.12 at the end of the previous year[8]. - Total liabilities decreased to CNY 209,262,176.33 from CNY 247,265,374.74, a reduction of about 15.4%[37]. - Total assets amounted to CNY 1,188,171,276.74, down from CNY 1,203,718,670.51, indicating a decrease of approximately 1.3%[38]. - Current liabilities reached CNY 238,834,160.22, while total liabilities were CNY 246,555,035.94[57]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,272, indicating a stable shareholder base[12]. - The net assets attributable to shareholders increased by 2.39% to CNY 978,328,036.78 from CNY 955,510,837.18 at the end of the last year[8]. - Owner's equity totaled CNY 955,510,837.18, with a capital reserve of CNY 297,170,708.05[57]. Income and Expenses - The company reported non-recurring gains totaling CNY 6,449,685.55, which included government subsidies and other income[9]. - Other income surged by 822.85% to ¥5,430,421.32, mainly due to an increase in government grants received[17]. - Tax expenses increased by 386.30% to ¥3,502,331.87 due to a substantial rise in corporate income tax provisions[17]. - Financial expenses decreased to CNY 5,086,156.96 from CNY 7,736,527.91, representing a reduction of approximately 34.3%[44]. Research and Development - Research and development expenses remained stable at CNY 6,239,555.60, slightly up from CNY 6,210,878.17, indicating a focus on innovation[39]. - The company incurred research and development expenses of CNY 6,239,555.60, slightly up from CNY 6,210,878.17, indicating a marginal increase of about 0.46%[44]. Other Financial Metrics - The weighted average return on equity for Q1 2019 was 2.35%, an increase of 1.88% compared to 0.47% in the same period last year[8]. - The company reported a fair value change income of CNY 728,245.63, compared to a loss of CNY 15,000.00 in the previous period, showing a turnaround in performance[41]. - The company received tax refunds of ¥30,064,762.94, a 65.42% increase compared to the previous year[17].