达威股份(300535) - 2019 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2019 was ¥76,198,593.83, representing a 6.43% increase compared to ¥71,598,078.48 in the same period last year[8]. - Net profit attributable to shareholders was ¥8,241,639.07, up 2.13% from ¥8,069,575.39 year-on-year[8]. - Net profit excluding non-recurring gains and losses reached ¥7,632,480.88, marking an 11.82% increase from ¥6,825,745.50 in the previous year[8]. - The company achieved operating revenue of 76.1986 million yuan, an increase of 6.43% compared to the same period last year[20]. - The net profit attributable to the parent company was 8.2416 million yuan, reflecting a growth of 2.13% year-on-year[20]. - Net profit for the current period was ¥8,207,384.36, representing a slight increase of 1.7% from ¥8,068,870.29 in the previous period[55]. - The company reported a total profit of ¥9,345,494.00, down 3.4% from ¥9,677,653.77 in the previous period[55]. - Comprehensive income for the current period totaled ¥7,419,192.53, up from ¥7,130,810.18 in the previous period, indicating a growth of 4.1%[56]. Cash Flow - Net cash flow from operating activities improved significantly to ¥15,803,782.03, a 54.95% increase from ¥10,199,305.68 in the same period last year[8]. - The net cash flow from operating activities for the first quarter was CNY 15,803,782.03, an increase of 55.5% compared to CNY 10,199,305.68 in the same period last year[63]. - Total cash inflow from operating activities was CNY 86,502,682.72, up from CNY 64,779,801.78, reflecting a growth of 33.5%[63]. - Cash outflow from operating activities totaled CNY 70,698,900.69, compared to CNY 54,580,496.10, representing an increase of 29.5%[63]. - The cash and cash equivalents at the end of the period were CNY 19,561,197.80, down from CNY 73,441,761.79, a decrease of 73.4%[64]. - The company experienced a negative impact of -CNY 607,671.39 from exchange rate fluctuations on cash and cash equivalents[64]. Assets and Liabilities - Total assets at the end of the reporting period were ¥788,144,969.05, reflecting a 1.09% increase from ¥779,668,407.68 at the end of the previous year[8]. - Total liabilities amounted to CNY 73,208,081.80, compared to CNY 72,150,712.96, showing a growth of about 1.46%[47]. - Owner's equity reached CNY 714,936,887.25, up from CNY 707,517,694.72, which is an increase of approximately 1.99%[48]. - Current liabilities rose to CNY 68,270,079.60 from CNY 66,898,959.51, reflecting an increase of approximately 2.05%[47]. - Non-current assets totaled CNY 379,780,283.66, up from CNY 358,668,216.18, indicating an increase of about 5.73%[46]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,827[12]. - The largest shareholder, Yan Jianlin, holds 23.13% of the shares, amounting to 23,048,247 shares, with 4,060,000 shares pledged[12]. - A major shareholder, Wu Dongmei, plans to reduce her holdings by up to 5,979,689 shares, representing 6% of the total share capital[33]. Research and Development - The company aims to strengthen its R&D structure by establishing specialized research institutes for chemicals, intelligent equipment, and wood products[24]. - Research and development expenses rose to ¥5,603,979.70, an increase of 19.4% compared to ¥4,694,226.33 in the previous period[54]. Environmental Responsibility - The company has completed the 18,000t/a scale environmental-friendly leather chemical project, which is now in operation[30]. - The clean leather project is expected to reach operational status by June 30, 2019, with a total capacity of 53,000t/a[30]. - The environmental protection measures have been emphasized, with the company focusing on clean production and circular economy practices to meet national and local environmental standards[29]. - The company faced administrative penalties totaling RMB 33,000 for environmental violations, which have since been rectified[32][33]. - The company plans to strengthen its environmental responsibility and internal management to prevent future violations[33]. Investment Activities - The company plans to enhance its investment team to pursue acquisitions in various sectors including leather chemicals and intelligent equipment[25]. - The company has invested a total of RMB 25,079 million in fundraising projects, with RMB 1,650.83 million allocated in the current quarter[37]. - The cumulative amount of fundraising used has reached RMB 25,824.3 million, with a change in purpose amounting to RMB 2,566.03 million, representing 10.23% of the total[37]. - The clean leather project is currently in the equipment installation and debugging phase, with an investment progress of 104.22% as of March 31, 2019[38]. - The company plans to use bank acceptance bills to fund investment projects, having utilized ¥857.57 million in the first quarter of 2019[39].