建艺集团(002789) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥666,044,348.56, representing a 7.55% increase compared to ¥619,289,784.02 in the same period last year[8]. - Net profit attributable to shareholders was ¥32,839,221.06, up 12.13% from ¥29,285,498.00 year-on-year[8]. - The basic earnings per share increased by 14.29% to ¥0.24 from ¥0.21[8]. - Total operating revenue for Q1 2019 was CNY 666,044,348.56, an increase of 7.5% compared to CNY 619,289,784.02 in the same period last year[34]. - Net profit for Q1 2019 reached CNY 32,607,946.57, representing a 12.5% increase from CNY 29,075,152.48 in Q1 2018[36]. - Basic and diluted earnings per share for Q1 2019 were both CNY 0.24, compared to CNY 0.21 in the same period last year[37]. - The net profit for the current period is ¥37,589,760.75, representing a 20.5% increase from ¥31,256,862.74 in the previous period[39]. - The operating profit for the current period is ¥44,223,247.94, which is a 14.3% increase from ¥38,513,659.22 in the previous period[39]. - The total comprehensive income for the current period is ¥37,589,760.75, compared to ¥31,256,862.74 in the previous period, marking a 20.5% increase[40]. - The company reported a total of CNY 39,241,433.76 in operating profit, up from CNY 36,331,948.96 in the previous year[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,882,678,401.64, a decrease of 3.19% from ¥4,010,510,869.28 at the end of the previous year[8]. - The company's current assets totaled CNY 2,740,524,788.85, down from CNY 2,865,457,439.02 at the end of 2018, reflecting a decline of approximately 4.36%[26]. - The company's total liabilities decreased to CNY 2,607,999,514.32 from CNY 2,767,669,070.01, a reduction of about 5.77%[28]. - Total assets decreased to CNY 3,931,586,303.44 from CNY 4,040,086,806.46 at the end of the previous period[33]. - Total liabilities decreased to CNY 2,637,831,293.54 from CNY 2,783,150,698.79 at the end of the previous period[33]. - The company's total current assets were 2,865,457,439.02 CNY, while total non-current assets were 1,145,053,430.26 CNY[50]. - The total equity attributable to shareholders was 1,248,101,557.05 CNY[51]. - The company reported a total of 1,564,103,118.54 CNY in short-term borrowings[50]. Cash Flow - The cash flow from operating activities was ¥112,176,507.90, a slight increase of 1.00% compared to ¥111,068,456.74[8]. - The net cash flow from operating activities is ¥112,176,507.90, slightly up from ¥111,068,456.74 in the previous period[43]. - The net cash flow from investment activities was 2,126,638.79 CNY, a decrease from -181,612,188.63 CNY in the previous period[47]. - The net cash flow from financing activities was -319,386,396.24 CNY, a significant decrease from 229,881,030.29 CNY in the previous period[47]. - The total cash and cash equivalents at the end of the period were 102,581,432.80 CNY, down from 585,614,802.30 CNY[47]. Debt and Borrowings - Long-term borrowings rose by 51.28% to ¥147,500,000.00 as part of the company's debt structure adjustment[17]. - Short-term borrowings decreased significantly to CNY 1,270,087,313.54 from CNY 1,564,103,118.54, a decrease of approximately 18.75%[27]. - The company raised 434,120,000.00 CNY from borrowings, compared to 730,000,000.00 CNY in the previous period[47]. - The company has a long-term loan of CNY 37,500,000.00, indicating a stable debt structure[54]. Government Support and Subsidies - The company received government subsidies amounting to ¥3,618,000.00, significantly increasing from ¥20,000.00 in the previous year, marking a 17990.00% rise[17]. Research and Development - Research and development expenses increased to CNY 23,239,865.99 from CNY 21,028,361.28, reflecting a focus on innovation[34]. - Research and development expenses increased to ¥23,239,865.99, up from ¥21,028,361.28, reflecting a growth of 10.5%[39]. Compliance and Governance - The company reported no overdue commitments or non-operating fund occupation by controlling shareholders during the reporting period[20][21]. - There were no violations regarding external guarantees during the reporting period[20]. - The company did not engage in any research, communication, or interview activities during the reporting period[22]. - The company has implemented new financial instrument standards, revenue standards, and lease standards[48]. - The report was presented by Chairman Liu Haiyun on April 26, 2019[56].