元隆雅图(002878) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 306,664,884.69, representing a 50.90% increase compared to CNY 203,228,019.50 in the same period last year[10] - Net profit attributable to shareholders was CNY 25,246,125.14, up 26.57% from CNY 19,946,903.14 year-over-year[10] - The net profit after deducting non-recurring gains and losses was CNY 24,136,741.81, reflecting a 40.00% increase from CNY 17,240,630.73 in the previous year[10] - The basic earnings per share increased to CNY 0.20, a rise of 25.00% from CNY 0.16 in the same quarter last year[10] - Total revenue for Q1 2019 reached ¥306.66 million, a 51% increase compared to ¥203.23 million in Q1 2018, driven by increased revenue from core customers and the consolidation of Qianma[18] - Net profit for the period was CNY 33,297,298.08, compared to CNY 24,530,873.41 in the previous year, reflecting a growth of 35.4%[40] - The total comprehensive income for the period was CNY 28,004,155.08, compared to CNY 20,189,684.03 in the previous year, marking a growth of 38.66%[41] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,036,671,186.22, which is a 3.08% increase from CNY 1,005,724,241.48 at the end of the previous year[10] - The net assets attributable to shareholders increased to CNY 632,418,696.42, marking a 4.52% rise from CNY 605,040,729.16 at the end of the last year[10] - Total assets as of March 31, 2019, were CNY 967,378,442.17, up from CNY 925,177,201.97 at the end of 2018, an increase of 4.6%[38] - Total liabilities decreased slightly to CNY 340,486,640.90 from CNY 321,016,006.36, a decrease of 6.1%[38] - The company's equity increased to CNY 626,891,801.27 from CNY 604,161,195.61, reflecting a growth of 3.8%[38] - The company reported a total of 787,942,413.46 CNY in current assets, with inventory valued at 44,989,189.21 CNY[55] Cash Flow - The net cash flow from operating activities was negative CNY 10,771,664.31, a decline of 119.98% compared to a positive CNY 53,905,951.52 in the same period last year[10] - The company reported a net cash outflow from operating activities of CNY -10,771,664.31, compared to a net inflow of CNY 53,905,951.52 in the previous year[47] - The net cash flow from operating activities was -20,639,226.61 CNY, a decrease from 48,538,171.18 CNY in the previous year, indicating a significant decline in operational performance[51] - Total cash inflow from investment activities was 44,497,225.41 CNY, down from 156,724,249.32 CNY year-over-year, reflecting reduced investment returns[51] - The net cash flow from financing activities was 70,119,326.00 CNY, compared to -311,737.52 CNY in the previous year, showing a positive shift in financing operations[52] Expenses - Operating costs rose to ¥233.82 million, reflecting a 52% increase from ¥153.94 million in the same period last year, corresponding to the revenue growth[18] - R&D expenses increased by 57% to ¥11.10 million, primarily due to the consolidation of Qianma[18] - Tax expenses increased by 36% to ¥1.46 million, reflecting higher revenue levels[18] - The company reported a significant increase in financial expenses, which rose by 415% to ¥1.68 million, mainly due to increased bank loan interest and exchange losses[18] - The financial expenses increased to CNY 1,591,337.15 from CNY 295,136.03, primarily due to higher interest expenses[43] Shareholder Information - The company reported a total of 7,155 common shareholders at the end of the reporting period[14] - The largest shareholder, Yuanlong Yatu (Beijing) Investment Co., Ltd., held 44.32% of the shares, amounting to 57,800,000 shares[14] Inventory and Receivables - Inventory increased by 43% to ¥64.36 million, up from ¥44.99 million, due to increased stocking for agency products and licensed products[18] - Accounts receivable decreased to CNY 333,546,531.80 from CNY 380,723,779.09, a reduction of 12.4%[36] - Accounts receivable reached ¥380,723,779.09, indicating a significant asset position[60] Other Financial Metrics - The weighted average return on equity was 4.08%, up from 3.76% in the previous year[10] - Cash and cash equivalents decreased to CNY 117,987,420.17 from CNY 155,014,241.29, a decline of 23.9%[35] - Cash and cash equivalents at the end of the period were CNY 141,382,031.28, down from CNY 258,070,099.41 at the end of the previous year[48] - The company incurred 313,126,034.06 CNY in cash payments for goods and services, an increase from 221,377,565.59 CNY year-over-year[51] - The company’s long-term assets included 170,665,911.45 CNY in goodwill, reflecting potential value from acquisitions[55]