贝肯能源(002828) - 2019 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2019 reached ¥123,873,356.23, a significant increase of 1,194.09% compared to ¥9,572,206.19 in the same period last year[9] - Net profit attributable to shareholders was -¥920,342.02, an improvement of 86.30% from -¥6,716,479.24 year-over-year[9] - The net profit for the first half of 2019 is projected to increase by over 50%, with an estimated range of ¥30,473,100 to ¥38,599,300, compared to ¥20,315,400 in the same period of 2018[19] - The company's net profit for Q1 2019 was not explicitly stated, but the increase in revenue and costs suggests a challenging profit margin environment[35] - The total profit for the first quarter was a loss of CNY 803,308.77, an improvement from a loss of CNY 5,965,154.43 in the same period last year[37] Cash Flow and Operating Activities - Net cash flow from operating activities was -¥48,175,626.23, showing a 9.67% improvement compared to -¥53,334,178.51 in the previous year[9] - Cash flow from financing activities for Q1 2019 was ¥42,194,371.31, a 469.94% increase from ¥7,403,274.05, driven by increased bank loans[17] - The net cash flow from operating activities was -84,466,229.15 CNY, compared to -39,475,213.90 CNY in the previous period, indicating a decline in operational performance[47] - The cash inflow from operating activities totaled 144,619,696.25 CNY, while cash outflow was 229,085,925.40 CNY, resulting in a negative cash flow from operations[47] Assets and Liabilities - Total assets increased by 30.34% to ¥1,842,439,143.34 from ¥1,413,580,972.39 at the end of the previous year[9] - Total assets as of March 31, 2019, amounted to ¥1,842,439,143.34, a slight decrease from ¥1,880,390,459.21 at the end of 2018[27] - Total liabilities decreased to CNY 1,123,841,492.82 from CNY 1,171,384,232.22, a reduction of approximately 4%[33] - The company's equity attributable to shareholders was CNY 940,947,321.47, down from CNY 946,010,814.60, indicating a slight decrease of about 0.5%[34] - The total liabilities to equity ratio stands at approximately 1.24, indicating a leveraged position[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,701[12] - Basic earnings per share improved to -¥0.005, an 83.33% increase from -¥0.03 in the same period last year[9] - Diluted earnings per share also improved to -¥0.005, reflecting an 83.33% increase compared to -¥0.03 year-over-year[9] Costs and Expenses - Operating costs surged to ¥100,243,861.50, reflecting a 1358.20% increase from ¥6,874,478.25, primarily due to higher revenue generation[16] - The company's management expenses rose by 64.84% to ¥20,642,449.89, primarily due to the addition of management personnel for overseas projects[16] - The company reported a 975.31% increase in taxes and surcharges to ¥431,671.85, due to higher tax provisions[16] - Research and development expenses for the first quarter were CNY 1,443,434.90, down from CNY 2,037,676.33 in the previous year[39] Borrowings and Financing - Long-term borrowings increased by 379.09% to ¥94,860,000.00, mainly due to new long-term loans from banks[16] - The company's short-term borrowings decreased by 31.85% to ¥107,000,000.00, reflecting repayment of bank loans[16] - Cash inflow from financing activities was 75,060,000.00 CNY, primarily from loans, while cash outflow for debt repayment was 50,000,000.00 CNY[49] Inventory and Other Assets - Inventory levels rose to CNY 160,768,049.06 from CNY 115,530,366.54, an increase of about 39%[31] - The company reported a credit impairment loss of CNY -1,892,449.63, an improvement compared to CNY -5,105,287.84 in the previous year[35] Financial Reporting and Audit - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[57] - The company has not made any adjustments related to the new financial instruments and leasing standards for the reporting period[56]