延江股份(300658) - 2019 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2019 reached ¥232,797,564.37, an increase of 47.11% compared to ¥158,243,792.18 in the same period last year[9] - Net profit attributable to shareholders was ¥8,743,886.53, reflecting a growth of 45.39% from ¥6,014,062.16 year-on-year[9] - Basic earnings per share rose to ¥0.0583, a 45.39% increase compared to ¥0.0401 in the same period last year[9] - The company achieved operating revenue of CNY 232.80 million in Q1 2019, an increase of 47.11% compared to CNY 158.24 million in Q1 2018, driven by increased customer demand and new production line capacity release[17] - The net profit attributable to shareholders was CNY 8.74 million, up 45.39% from CNY 6.01 million in the same period last year, primarily due to increased product demand[17] - The company reported a total profit of ¥10,912,694.04, compared to ¥7,721,592.59 in the previous period, which is an increase of around 41%[43] Cash Flow - Net cash flow from operating activities increased by 68.72% to ¥28,614,946.19, up from ¥16,960,480.97 in the previous year[9] - The net cash flow from operating activities was CNY 28,614,946.19, compared to CNY 16,960,480.97 in the prior period, reflecting a growth of about 68.8%[51] - Cash inflow from financing activities amounted to CNY 123,467,435.52, significantly higher than CNY 61,837,025.00 in the prior period, marking an increase of about 99.5%[52] - The company reported a net increase in cash and cash equivalents of CNY -70,485,220.88, worsening from CNY -28,923,313.98 in the prior period[52] Assets and Liabilities - Total assets at the end of Q1 2019 were ¥1,257,202,835.84, a 2.14% increase from ¥1,230,913,201.50 at the end of the previous year[9] - Current liabilities rose to CNY 472,885,775.54 from CNY 454,069,295.87, an increase of about 4.00%[34] - Total liabilities increased to CNY 474,867,734.98 from CNY 455,892,413.35, an increase of approximately 4.30%[34] - The company's equity attributable to shareholders rose to CNY 782,364,028.20 from CNY 773,303,647.90, reflecting an increase of about 1.30%[35] Operational Highlights - Operating costs rose by 53.55% to CNY 170.48 million, reflecting the increase in corresponding operating revenue[17] - The company reported a significant increase in other income, which rose by 6510.71% to CNY 3.39 million, attributed to compensation received from clients[17] - The company is accelerating the construction of fundraising projects to optimize production capacity and ensure timely completion within the year[20] - The company plans to enhance product performance and accelerate new product development, including pure cotton non-woven fabrics and composite products[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,246[12] - The company reported a loss attributable to minority shareholders of ¥28,927.34 due to losses from its subsidiary in the U.S.[16] Other Financial Metrics - The company's gross profit margin improved, with operating profit at ¥7,608,873.24, slightly down from ¥7,998,151.74, showing a decrease of about 5%[43] - Research and development expenses were ¥7,747,321.67, slightly down from ¥8,147,675.77, indicating a decrease of about 5%[41] - The company received tax refunds totaling CNY 21,838,316.65, compared to CNY 7,351,903.10 previously, representing an increase of approximately 197.5%[51]