HLSY(000622)2019-06-24 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥114,079,497.64, representing a significant increase of 760.56% compared to ¥13,256,420.16 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥1,527,679.17, which is a 39.79% improvement from a loss of ¥2,537,175.40 in the previous year[8] - The net loss for Q1 2019 was CNY 1,727,607.35, an improvement from a net loss of CNY 3,446,570.37 in the same period last year, reflecting a reduction in losses of approximately 50.1%[42] - The total comprehensive income for the first quarter was -1,769,090.19 CNY, reflecting a decrease from -1,987,093.05 CNY year-over-year[46] Cash Flow - The net cash flow from operating activities was -¥103,687,614.01, showing a 592.50% decline compared to -¥14,972,943.22 in the same period last year[8] - The cash outflow from operating activities increased significantly to 128,371,935.47 CNY, compared to 33,150,812.01 CNY in the previous year[49] - The cash flow from investment activities showed a net outflow of -40,665,635.87 CNY, compared to a net inflow of 985,961.62 CNY in the previous year[50] - The net cash increase in cash and cash equivalents for Q1 2019 was -103,467,957.83 CNY, compared to -65,486,560.66 CNY in the same period of 2018[54] Assets and Liabilities - The total assets at the end of the reporting period were ¥330,441,519.78, down 3.37% from ¥341,971,619.51 at the end of the previous year[8] - The company's total assets as of the end of Q1 2019 were CNY 342,166,696.12, down from CNY 351,103,351.60 at the end of the previous period[39] - The company's total liabilities decreased from CNY 137,768,353.78 to CNY 127,965,861.40, a reduction of approximately 7.0%[33] - Total liabilities decreased to CNY 135,061,437.23 from CNY 142,229,002.52, showing a reduction of about 5.1%[38] Shareholder Equity - The net assets attributable to shareholders decreased by 0.80% to ¥189,178,141.96 from ¥190,705,821.13 at the end of the previous year[8] - The total equity attributable to the parent company decreased from CNY 190,705,821.13 to CNY 189,178,141.96, a slight decline of about 0.8%[34] - The company's equity attributable to shareholders was 190,705,821.13 CNY, with total equity amounting to 204,203,265.73 CNY[59] Earnings Per Share - The basic earnings per share were -¥0.0036, a 40.00% improvement from -¥0.0060 in the same period last year[8] - Basic and diluted earnings per share for Q1 2019 were both CNY -0.0036, compared to CNY -0.0060 in the same period last year[43] Operating Costs - The company reported a 1033.53% increase in operating costs, amounting to ¥10,970.28 million, corresponding to the rise in revenue[15] - Total operating costs for Q1 2019 amounted to CNY 115,482,515.00, compared to CNY 17,196,480.79 in the prior year, indicating an increase of about 572.5%[40] Research and Development - Research and development expenses rose by 13.17% to ¥30.02 million, reflecting ongoing investment in innovation[16] - Research and development expenses for Q1 2019 were CNY 300,176.27, an increase from CNY 265,246.82 in the previous year, indicating a growth of approximately 13.2%[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,171[11] - The company had no securities or derivative investments during the reporting period[22][24] Other Financial Information - The company reported non-operating income from the disposal of non-current assets amounting to ¥38,487.09[9] - The company experienced a 100% decrease in investment income, down to ¥1.74 million, due to reduced returns from idle funds[16] - The company had a total of 31,839,567.03 CNY in non-current liabilities as of Q1 2019[59] - The first quarter report was not audited[65] - The company did not apply the new financial instrument and lease standards for retrospective adjustments[64]