新乳业(002946) - 2019 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2019 reached ¥1,222,051,044.53, an increase of 13.50% compared to ¥1,076,729,934.00 in the same period last year[9] - Net profit attributable to shareholders was ¥22,641,053.11, reflecting a growth of 3.64% from ¥21,845,820.00 year-on-year[9] - Net profit for the current period was ¥23,546,448.79, representing an 8.8% increase from ¥21,643,513.00 in the previous period[53] - The total profit for the current period was ¥27,068,670.23, up from ¥25,731,950.00, indicating a growth of 5.2%[53] - The company's operating profit increased to ¥26,030,141.53, compared to ¥23,616,032.00 in the previous period, marking an increase of 10.0%[53] - Total operating costs amounted to ¥1,201,143,135.64, up from ¥1,051,440,793.00, reflecting a growth of 14.2%[50] Cash Flow and Liquidity - Operating cash flow for the period was ¥45,562,519.53, down 8.47% from ¥49,776,885.00 in the same quarter last year[9] - The company's net cash flow from operating activities was $45,562,519.53, a decrease from $49,776,885.00 in the previous period[65] - Cash inflow from financing activities totaled $582,782,783.08, slightly down from $582,931,926.00 in the previous period[68] - The net cash flow from financing activities improved to $140,521,685.72 from -$11,761,824.00 in the previous period, reflecting better capital management[68] - Cash and cash equivalents stood at CNY 235,136,298.79, a slight increase from CNY 228,955,108.00 as of December 31, 2018[40] Assets and Liabilities - Total assets increased by 3.74% to ¥4,399,628,150.88 from ¥4,240,951,032.00 at the end of the previous year[9] - Total liabilities amounted to CNY 2,429,620,832.35, a decrease of 9.96% from CNY 2,698,733,022.00 as of December 31, 2018[36] - The total current liabilities decreased to CNY 1,922,097,282.96, down 16.06% from CNY 2,290,782,510.00[36] - The total equity attributable to shareholders increased to CNY 1,886,765,698.07, up 29.26% from CNY 1,459,191,548.00 at the end of 2018[39] - The total non-current liabilities amounted to CNY 507,523,549.39, an increase from CNY 407,950,512.00, representing a growth of 24.43%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,866, with the top ten shareholders holding 65.60% of the shares[11] - Universal Dairy Limited held 65.60% of the shares, while New Hope Investment Group Co., Ltd. held 15.74%[11] Other Financial Metrics - The weighted average return on equity was 1.30%, a decrease of 0.46% compared to 1.76% in the previous year[9] - The company reported a non-operating income of ¥10,281,262.28 from government subsidies during the reporting period[9] - Credit impairment losses increased by 37.94% to CNY 4,277,245.61 due to an increase in accounts receivable from sales growth[20] - The company incurred research and development expenses of ¥6,996,190.27, slightly up from ¥6,875,245.00, reflecting a focus on innovation[50] - Investment losses decreased to ¥-921,990.94 from ¥-2,856,811.00, showing an improvement in investment performance[53] Audit and Reporting - The company has not made any adjustments to its financial statements for the first quarter of 2019[90] - The first quarter report was not audited, which may affect the reliability of the financial data presented[90]