七彩化学(300758) - 2019 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2019 was ¥146,822,570.14, an increase of 13.49% compared to ¥129,375,292.59 in the same period last year[6] - Net profit attributable to shareholders was ¥15,321,163.67, a decrease of 25.15% from ¥20,468,751.81 year-on-year[6] - Basic earnings per share decreased by 46.15% to ¥0.14 from ¥0.26 in the previous year[6] - The total profit was 16.99 million yuan, a decrease of 23.77% year-on-year, while the net profit attributable to shareholders was 15.32 million yuan, down 25.15% from the previous year[17] - The company's operating revenue for the current period is CNY 139,683,092.33, an increase from CNY 124,871,190.34 in the previous period, representing a growth of approximately 11.5%[55] - The net profit for the current period is CNY 15,321,163.67, down from CNY 20,468,751.81 in the previous period, indicating a decrease of about 25.5%[53] - The operating profit for the current period is CNY 16,995,082.27, compared to CNY 22,295,621.85 in the previous period, reflecting a decline of approximately 23.5%[53] - The total comprehensive income for the current period is CNY 15,321,163.67, down from CNY 20,468,751.81 in the previous period, a decrease of about 25.5%[53] Cash Flow and Assets - Net cash flow from operating activities improved to -¥4,180,340.70, a significant increase of 81.61% compared to -¥22,737,086.75 in the same period last year[6] - The company's cash and cash equivalents reached CNY 587,447,968.51, up from CNY 54,431,871.18 at the end of 2018[35] - Cash flow from operating activities amounted to CNY 93,341,247.53, compared to CNY 65,304,467.28 in the previous period, indicating an increase of about 43%[61] - Net cash flow from operating activities was negative CNY 1,969,419.56, improving from negative CNY 22,661,239.86 in the prior period[67] - Cash inflow from financing activities reached CNY 583,516,560.00, a significant increase from CNY 24,392,712.33 last year[69] - The ending balance of cash and cash equivalents was CNY 586,195,831.71, up from CNY 16,763,764.56 at the end of the previous period[69] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,310,451,868.94, up 76.81% from ¥741,174,119.87 at the end of the previous year[6] - The company's total current assets amounted to CNY 893,363,220.31, a significant increase from CNY 337,923,997.94 on December 31, 2018[35] - The company's total assets as of March 31, 2019, amounted to CNY 1,247,798,117.94, up from CNY 685,210,007.78 at the end of 2018[44] - Total liabilities increased to CNY 241,191,264.26 from CNY 236,256,164.32, indicating a slight rise of 0.8%[45] - The equity attributable to shareholders reached CNY 1,006,606,853.68, compared to CNY 448,953,843.46, reflecting a significant increase of 124.7%[47] Investments and Expenditures - The company has invested a total of 58.94 million yuan in raised funds, with 8.79 million yuan utilized in the current quarter[26] - Research and development expenses increased to CNY 7,488,543.06, compared to CNY 5,803,271.86, marking a growth of 29.1%[49] - Research and development expenses increased to CNY 6,107,246.40 from CNY 4,899,972.64, marking a rise of about 24.6%[55] Risk Management - The company is actively responding to environmental risks by enhancing waste management and adhering to national environmental standards[19] - The company emphasizes safety production and has implemented strict safety management measures to mitigate risks associated with hazardous materials[20] - The company faces market risks due to potential fluctuations in raw material prices and increased competition in the high-performance organic pigment market[21] - The company is taking measures to control accounts receivable risks by improving credit control systems and monitoring customer financial stability[23] Shareholder and Financing Activities - The company issued new shares, resulting in a 33.35% increase in share capital to ¥106,680,000 from ¥80,000,000[14] - The net cash flow from financing activities surged by 3310.53% to ¥55,063,310.00, primarily due to funds received from the issuance of new shares[16] - The company received government subsidies of ¥149,000.00 related to technological innovation during the reporting period[7] - The company paid CNY 25,000,000.00 for debt repayment, reflecting ongoing financial obligations[69]