*ST柏龙(002776) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 335,450,591.89, representing a 44.38% increase compared to CNY 232,338,857.54 in the same period last year[9] - Net profit attributable to shareholders was CNY 52,811,823.46, up 27.25% from CNY 41,501,487.83 year-on-year[9] - The net profit after deducting non-recurring gains and losses was CNY 43,771,747.60, reflecting a 31.45% increase from CNY 33,298,935.92 in the previous year[9] - Total operating revenue for Q1 2019 was CNY 335,450,591.89, an increase of 44.4% compared to CNY 232,338,857.54 in the same period last year[36] - Net profit for Q1 2019 reached CNY 52,527,023.52, representing a 26.6% increase from CNY 41,501,487.83 in Q1 2018[38] - Basic and diluted earnings per share for Q1 2019 were both CNY 0.15, compared to CNY 0.12 in the same quarter last year[39] - The company's net profit for the current period was ¥56,047,896.97, representing a growth of 16.0% from ¥48,206,320.41 in the previous period[43] - The basic earnings per share rose to ¥0.16, up from ¥0.13 in the previous period, reflecting a 23.1% increase[43] Cash Flow - The net cash flow from operating activities was CNY 69,189,799.65, a significant recovery from a negative cash flow of CNY -135,537,043.14 in the same period last year[9] - The company reported a significant increase in cash flow from operating activities, driven by improved sales collection compared to the previous year[18] - The operating cash flow net amount was ¥69,189,799.65, a significant improvement from a negative cash flow of -¥135,537,043.14 in the previous period[46] - The net cash flow from operating activities was ¥100,239,274.66, a significant improvement compared to a net outflow of ¥77,235,242.04 in the same period last year[50] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,990,298,178.22, a slight decrease of 1.20% from CNY 3,026,758,120.85 at the end of the previous year[9] - The company's total assets as of March 31, 2019, were ¥2,990,298,178.22, down from ¥3,026,758,120.85 at the end of 2018[30] - Total liabilities decreased to ¥621,031,985.29 from ¥710,018,951.44, a reduction of approximately 12.5%[29] - Total liabilities decreased to CNY 638,139,916.93 from CNY 729,944,055.60 in the previous quarter, reflecting a reduction of approximately 12.6%[34] - The total assets and liabilities combined were ¥3,097,696,031.24[57] Shareholder Equity - The net assets attributable to shareholders increased by 2.28% to CNY 2,370,342,054.32 from CNY 2,317,530,230.86 at the end of the previous year[9] - The company's total equity increased to CNY 2,423,799,872.61, up from CNY 2,367,751,975.64 in the previous quarter, indicating a growth of about 2.4%[35] - The equity attributable to shareholders was ¥2,317,530,230.86, reflecting the company's strong capital base[54] Inventory and Receivables - Accounts receivable increased by 29.51% compared to the end of the previous year, attributed to strong sales performance[17] - Inventory decreased by 30.41% compared to the end of the previous year, indicating effective sales order fulfillment[17] - Accounts receivable increased to ¥216,046,228.31 from ¥173,187,530.78 at the end of 2018, indicating a growth of approximately 24.7%[27] - Inventory decreased to ¥42,261,672.55 from ¥60,731,602.04, reflecting a decline of approximately 30.4%[27] Expenses - Financial expenses increased by CNY 9,892,400 compared to the same period last year, primarily due to higher interest expenses from increased short-term borrowings[17] - Research and development expenses for Q1 2019 were CNY 5,214,955.01, down from CNY 6,999,930.05 in Q1 2018, showing a decrease of approximately 25.5%[36] - Research and development expenses decreased to ¥1,903,077.65 from ¥2,687,572.40, indicating a reduction of 29.2%[40] - The company incurred a tax expense of ¥9,040,249.77, a slight decrease from ¥9,299,331.16 in the previous period[42] Share Repurchase - The company repurchased a total of 2,027,900 shares, accounting for 0.56% of the total share capital, with a total payment of approximately ¥34,199,169.04[19] Compliance and Standards - The company reported no violations regarding external guarantees during the reporting period[21] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[22] - The company adopted new financial instrument standards starting January 1, 2019, affecting the classification and measurement of financial assets[58] - The first quarter report was not audited[59]