高争民爆(002827) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥46,304,722.15, representing a decrease of 21.70% compared to ¥59,136,350.53 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥7,948,678.83, a decline of 299.52% from a profit of ¥3,983,949.65 in the previous year[8]. - Basic and diluted earnings per share both stood at -¥0.04, a decrease of 300.00% from ¥0.02 in the previous year[8]. - The company's total operating revenue for the current period is CNY 34,840,849.64, a decrease from CNY 49,125,384.34 in the previous period[41]. - The operating profit for the current period is a loss of CNY 7,919,352.08, compared to a profit of CNY 5,009,230.92 in the previous period[38]. - The net profit for the current period is a loss of CNY 8,117,709.35, while the previous period showed a profit of CNY 4,299,969.16[38]. - The total comprehensive income for the current period is a loss of CNY 8,117,709.35, while the previous period reported a profit of CNY 4,299,969.16[39]. - The company reported a net profit margin decline due to increased operating costs and reduced revenue, impacting overall profitability[36]. Cash Flow - The net cash flow from operating activities was negative at ¥20,927,087.03, worsening by 229.08% compared to a negative cash flow of ¥6,359,349.02 in the same period last year[8]. - The cash flow from operating activities for the current period is CNY 53,507,224.63, down from CNY 72,593,903.44 in the previous period[45]. - Total cash inflow from operating activities was 54,794,948.10 CNY, while cash outflow was 75,722,035.13 CNY, resulting in a net cash outflow of 20,927,087.03 CNY[46]. - Investment activities resulted in a net cash outflow of -116,804,783.22 CNY, significantly higher than the previous period's outflow of -13,818,355.35 CNY[47]. - Cash flow from financing activities showed a net outflow of -817,000.00 CNY, with no cash inflow recorded during the period[47]. Assets and Liabilities - Total assets at the end of the reporting period were ¥958,236,987.83, down 2.56% from ¥983,371,164.18 at the end of the previous year[8]. - The total equity attributable to shareholders was CNY 792,696,016.18, down from CNY 797,709,744.44, reflecting a decrease of about 0.6%[35]. - Total liabilities decreased to CNY 130,418,109.67 from CNY 140,424,748.01, a decline of approximately 7.1%[34]. - Current liabilities totaled CNY 124,795,277.25, down from CNY 134,614,207.32, indicating a reduction of about 7.5%[34]. - The total cash and cash equivalents at the end of the period decreased to 264,402,837.92 CNY from 361,262,452.41 CNY in the previous period[51]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,401[12]. - The largest shareholder, Tibet Gaozheng Building Materials Group Co., Ltd., holds 58.60% of the shares, totaling 107,827,329 shares[12]. - The company did not engage in any repurchase transactions during the reporting period[13]. Operational Costs and Expenses - Total operating costs increased slightly to CNY 54,618,577.02 from CNY 54,264,827.89, with operating costs specifically at CNY 30,345,639.68, down from CNY 31,513,109.39[36]. - The company's financial expenses for the current period amount to CNY 595,512.63, compared to a gain of CNY 146,432.23 in the previous period[41]. - The company reported an increase in management expenses to CNY 11,180,828.67 from CNY 10,961,396.83 in the previous period[41]. - Financial expenses increased by 433.63% to ¥565,013.40, primarily due to increased bank loans[16]. Inventory and Receivables - Inventory rose by 63.04% to ¥26,495,271.73, mainly due to an increase in inventory at Gaozheng Blasting Company[16]. - Accounts receivable increased to CNY 66,806,559.37 from CNY 53,108,289.33, representing an increase of about 25.8%[32]. - The company reported accounts receivable of CNY 51,273,900.78 and inventory valued at CNY 16,251,023.96[54]. Government Support - The company received government subsidies amounting to ¥187,708.27 during the reporting period[9]. - Other income increased by 36.31% to ¥187,708.27, mainly due to an increase in deferred income amortization[16]. Financial Reporting - The first quarter report was not audited, which may affect the reliability of the financial data presented[61]. - The company implemented a new financial instrument standard starting January 1, 2019, affecting the classification of certain financial assets[56].