燕塘乳业(002732) - 2019 Q1 - 季度财报

Financial Performance - Revenue for Q1 2019 reached ¥281,369,991.37, an increase of 8.82% compared to ¥258,553,561.85 in the same period last year[7] - Net profit attributable to shareholders was ¥10,939,546.50, reflecting a growth of 15.09% from ¥9,505,600.87 year-on-year[7] - Basic earnings per share increased by 16.67% to ¥0.07 from ¥0.06 in the previous year[7] - Total operating revenue for Q1 2019 was CNY 281,369,991.37, an increase of 8.5% compared to CNY 258,553,561.85 in the same period last year[37] - The net profit for Q1 2019 reached CNY 12,146,898.38, up from CNY 10,716,308.90, representing a growth of 13.4% year-over-year[40] - The total profit for Q1 2019 was CNY 13,302,366.43, which is a 5.2% increase from CNY 12,646,267.17 in Q1 2018[40] - The operating profit for Q1 2019 was CNY 13,973,120.37, compared to CNY 13,231,267.00 in the same quarter last year, reflecting a growth of 5.6%[40] - The total comprehensive income for Q1 2019 was CNY 12,146,898.38, compared to CNY 10,716,308.90 in the previous year, marking an increase of 13.4%[40] Cash Flow - The net cash flow from operating activities improved significantly to ¥6,568,010.27, compared to a negative cash flow of ¥22,704,538.80 in the same period last year[7] - The company's cash flow from operating activities was CNY 314,519,185.22, compared to CNY 274,357,551.23 in the previous period, showing an increase of 14.6%[46] - Total cash inflow from operating activities reached 316,245,294.38 CNY, up from 275,827,248.62 CNY year-over-year[47] - The company reported a total cash outflow from operating activities of 309,677,284.11 CNY, which is an increase from 298,531,787.42 CNY in the previous year[47] - Cash inflow from sales of goods and services was 263,346,683.94 CNY, compared to 221,529,508.78 CNY in the previous period[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,331,116,416.39, a slight increase of 0.85% from ¥1,319,914,084.44 at the end of the previous year[7] - The company's net assets attributable to shareholders rose to ¥908,105,636.85, marking a 1.22% increase from ¥897,166,090.35[7] - Total current assets increased to ¥307,485,432.26 from ¥288,151,307.40, showing growth in liquidity[29] - Total liabilities decreased slightly to CNY 402,306,093.15 from CNY 403,250,659.58, a reduction of 0.2%[31] - Total assets reached CNY 1,149,715,236.66, up from CNY 1,106,939,306.25, marking an increase of 3.8%[36] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,405[10] - The top three shareholders collectively hold 57.69% of the company's shares, indicating a strong concentration of ownership[10] - The total equity attributable to shareholders increased to CNY 908,105,636.85 from CNY 897,166,090.35, reflecting a growth of 1%[31] Expenses and Costs - Total operating costs for Q1 2019 were CNY 267,856,419.83, up from CNY 244,921,250.33, reflecting a year-on-year increase of 9.3%[37] - The company's gross profit margin for Q1 2019 was approximately 4.4%, down from the previous year's margin[37] - The company reported a decrease in research and development expenses to CNY 633,694.87 from CNY 885,691.47, a reduction of 28.4%[37] - The company's research and development expenses for Q1 2019 were CNY 383,953.00, down from CNY 802,467.17 in the same period last year, indicating a decrease of 52.1%[42] Financial Changes - Financial expenses increased by 88.25% to ¥1,673,211.06 primarily due to increased interest on short-term loans and the New Australia Ranch project[15] - The company reported a credit impairment loss of ¥423,229.78, reflecting new accounting standards for receivables[15] - The company reported an asset disposal loss of CNY 536,966.02 in Q1 2019, compared to a loss of CNY 618,710.55 in the same period last year, showing an improvement[40] - The company's financial expenses for Q1 2019 were CNY 597,001.52, compared to a financial income of CNY 584,852.04 in the previous year, indicating a shift in financial performance[42] Tax and Fees - Tax and additional fees decreased by 40.92% to ¥1,304,627.06 due to an increase in input tax and a decrease in payable VAT[15] - Cash paid for taxes decreased by 35.40% to ¥11,401,571.79, reflecting lower VAT and income tax payments[16] Inventory and Receivables - Accounts receivable increased to CNY 79,776,290.05 from CNY 70,576,823.12, representing a growth of 13%[33] - Inventory levels rose to CNY 78,174,386.61, compared to CNY 56,201,037.82, indicating a significant increase of 39%[33] - Inventory increased to ¥132,058,714.60 from ¥102,870,098.78, indicating a rise in stock levels[28] Borrowings - Short-term borrowings increased by 127.13% to ¥74,500,000.00, indicating a rise in working capital loans[14] - Cash received from short-term borrowings rose by 42.34% to ¥60,000,000.00, indicating increased borrowing activity[17] - Short-term borrowings rose significantly to ¥74,500,000.00 from ¥32,800,000.00, highlighting increased leverage[29]