EMT(SH:601208)2019-04-26 16:00Financial Performance - Net profit attributable to shareholders was CNY 2,441,397.45, representing a decline of 64.25% year-on-year[12]. - Operating revenue for the period was CNY 386,356,255.60, down 1.70% from the same period last year[12]. - Basic earnings per share were CNY 0.004, a decrease of 63.64% year-on-year[12]. - The company anticipates a significant change in cumulative net profit compared to the previous year, indicating potential losses[23]. - Total operating revenue for Q1 2019 was ¥386,356,255.60, a decrease of 1.77% from ¥393,051,540.73 in Q1 2018[41]. - Net profit for Q1 2019 was ¥2,444,412.78, a decline of 63.16% compared to ¥6,629,096.11 in Q1 2018[44]. - Total comprehensive income for Q1 2019 was ¥2,444,412.78, compared to ¥6,629,096.11 in Q1 2018[44]. Cash Flow - The net cash flow from operating activities was negative CNY 34,639,842.16, a decrease of 216.81% compared to the previous year[12]. - In Q1 2019, the cash inflow from operating activities was CNY 194,997,475.71, a decrease of 21.1% compared to CNY 247,421,822.34 in Q1 2018[52]. - The net cash flow from operating activities was -CNY 34,639,842.16, worsening from -CNY 10,934,014.16 in the same period last year[52]. - Cash inflow from investment activities totaled CNY 246,739,239.33, significantly increasing from CNY 60,418,626.62 in Q1 2018[52]. - The net cash flow from investment activities was CNY 30,573,461.64, compared to CNY 38,571,834.21 in Q1 2018, indicating a decrease of 20.5%[52]. - Cash inflow from financing activities was CNY 161,185,138.90, up from CNY 77,566,573.50 in Q1 2018, representing an increase of 107.5%[54]. - The net cash flow from financing activities was -CNY 22,117,018.15, a decline from a positive net flow of CNY 5,649,561.55 in the previous year[54]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,139,393,705.05, a decrease of 1.21% compared to the end of the previous year[12]. - Total assets decreased from CNY 3,177,995,561.45 to CNY 3,139,393,705.05, a decline of 1.20%[25]. - The company’s total liabilities decreased from CNY 1,188,956,358.26 to CNY 1,123,739,924.95, a reduction of 5.48%[25]. - Total liabilities decreased from ¥812,282,795.59 to ¥785,274,598.41, a reduction of approximately 3.1%[31]. - Current liabilities decreased from ¥589,570,660.39 to ¥523,267,347.61, a decrease of about 11.2%[38]. - Total assets decreased from ¥2,644,000,791.75 to ¥2,566,628,231.58, a decline of approximately 2.9%[38]. - Cash and cash equivalents decreased from ¥156,892,347.85 to ¥69,147,151.18, a drop of about 56.0%[35]. - The company’s inventory decreased from CNY 234,605,252.46 to CNY 202,205,548.35, a decline of 13.78%[25]. - The company holds inventory valued at $234,605,252.46, contributing to its overall asset management strategy[61]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,174[15]. - The largest shareholder, Gaojin Technology Industry Group Co., Ltd., held 22.94% of the shares[15]. - The total equity attributable to shareholders was $2,350,782,938.71, showcasing strong shareholder value[66]. Expenses and Costs - Financial expenses rose by 149.94% from CNY 2,377,684.22 to CNY 5,942,855.03 due to increased bank loans and interest expenses[22]. - Total operating costs for Q1 2019 were ¥392,038,377.93, down 1.04% from ¥396,452,443.49 in Q1 2018[41]. - Research and development expenses for Q1 2019 were ¥18,973,212.36, slightly down from ¥19,364,671.55 in Q1 2018[41]. - Other income for Q1 2019 was ¥2,941,533.23, down from ¥4,541,033.84 in Q1 2018[41]. Investment and Income - Investment income increased by 55.76% from CNY 3,125,233.76 to CNY 4,867,998.49, attributed to higher returns from financial products[22]. - Investment income for Q1 2019 was ¥4,867,998.49, an increase from ¥3,125,233.76 in Q1 2018[41]. - The company received government subsidies amounting to CNY 2,941,533.23, closely related to its normal business operations[12].