香山股份(002870) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was CNY 179,814,207.72, representing a 0.94% increase compared to CNY 178,147,246.51 in the same period last year[7]. - Net profit attributable to shareholders increased by 44.57% to CNY 7,338,938.16 from CNY 5,076,475.32 year-on-year[7]. - The net profit after deducting non-recurring gains and losses surged by 496.27% to CNY 5,081,759.07 compared to CNY 852,255.30 in the previous year[7]. - The basic earnings per share rose by 40.00% to CNY 0.07 from CNY 0.05 in the same period last year[7]. - Total profit increased by 49.20% to ¥9,365,109.82 from ¥6,276,801.59, mainly due to reduced expenses[14]. - Net profit rose by 44.57% to ¥7,338,938.16 from ¥5,076,475.32, driven by cost control measures[14]. - Operating profit rose to ¥9,623,370.93 from ¥6,557,574.52, reflecting a growth of around 46.5%[38]. - The total profit for the current period is ¥9,365,109.82, compared to ¥6,276,801.59, an increase of approximately 49.5%[38]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,042,721,893.54, a decrease of 4.78% from CNY 1,095,111,729.38 at the end of the previous year[7]. - Current liabilities decreased from CNY 256,222,579.46 to CNY 196,555,461.41, a reduction of about 23.3%[29]. - Non-current liabilities decreased from CNY 341,655.95 to CNY 280,000.00, a decrease of approximately 18.1%[29]. - Total liabilities decreased from CNY 256,564,235.41 to CNY 196,835,461.41, a decrease of approximately 23.3%[29]. - Total equity increased from CNY 838,547,493.97 to CNY 845,886,432.13, an increase of about 0.4%[30]. - The company reported a total equity of CNY 732,820,277.28, up from CNY 732,158,761.30, reflecting a slight increase[35]. Cash Flow - The net cash flow from operating activities improved by 24.58%, reaching CNY -24,946,974.79 compared to CNY -33,077,230.61 in the same period last year[7]. - Operating cash flow net amount improved by 24.58% to -¥24,946,974.79 from -¥33,077,230.61, primarily from increased cash received from sales[15]. - The total cash outflow from operating activities was 235,704,035.07 CNY, slightly lower than 240,015,106.60 CNY in the previous period, indicating stable operational cash management[46]. - The company reported a cash inflow from operating activities of 210,757,060.28 CNY, compared to 206,937,875.99 CNY in the previous period, showing a slight increase[46]. - The cash outflow for purchasing goods and services was 157,152,850.32 CNY, up from 149,640,874.42 CNY in the previous period, indicating rising operational costs[46]. - The net cash flow from investment activities was -236,999,699.11 CNY, worsening from -90,529,441.27 CNY in the previous period, highlighting increased cash outflows for investments[47]. - The company reported a net cash flow from financing activities of -30,214,423.59 CNY, contrasting with a cash inflow of 85,000,000.00 CNY, suggesting challenges in financing operations[47]. Shareholder Information - The company reported a total of 15,579 common shareholders at the end of the reporting period[10]. - The top shareholder, Zhao Yukun, holds 30.00% of the shares, amounting to 33,200,000 shares[10]. - The company repurchased and canceled 379,200 shares, reducing total share capital from 111,049,200 shares to 110,670,000 shares[16]. Investment and Expenses - Cash and cash equivalents decreased by 77.38% to ¥81,035,420.97 from ¥358,295,729.78 due to the investment of idle funds in financial products[14]. - Other current assets increased by 170.09% to ¥358,607,445.15 from ¥132,774,063.21, attributed to the investment of idle funds[14]. - Financial expenses decreased by 75.81% to ¥2,263,116.25 from ¥9,356,336.96, influenced by exchange rate fluctuations[14]. - Investment income fell by 61.41% to ¥1,757,269.35 from ¥4,553,142.78, due to losses from associates and reduced financial product income[14]. - Research and development expenses decreased to ¥6,669,823.11 from ¥8,858,073.31, a decline of about 24.5%[36]. - Other income decreased to ¥219,480.34 from ¥982,170.00, a decline of about 77.7%[36]. General Information - The company has not undergone any retrospective adjustments for new financial instrument standards or new lease standards during the reporting period[57]. - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[58].