江苏吴中(600200) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 26.55% to CNY 414,354,760.26 year-on-year[12] - Net profit attributable to shareholders decreased by 64.75% to CNY 7,381,963.24 compared to the same period last year[12] - Basic earnings per share decreased by 65.52% to CNY 0.010 compared to the previous year[12] - The weighted average return on equity decreased by 0.40 percentage points to 0.31%[12] - Total operating revenue for Q1 2019 was ¥414,354,760.26, a decrease of 26.5% compared to ¥564,115,505.25 in Q1 2018[49] - Net profit for Q1 2019 was ¥7,359,868.06, a decline of 66.9% from ¥22,305,907.79 in Q1 2018[51] - The company reported a total comprehensive income of ¥7,359,868.06 for Q1 2019, compared to ¥21,362,912.88 in Q1 2018, a decrease of 65.5%[51] - The total comprehensive income for Q1 2019 was approximately -16,140.12 million, compared to -11,527.78 million in Q1 2018, indicating a worsening financial position[57] Cash Flow - Net cash flow from operating activities was negative at CNY -26,618,896.94, a decrease of 128.88% year-on-year[12] - The net cash flow from operating activities decreased by 128.88% to -2,661.89 million compared to the previous period, primarily due to a decline in payments received from real estate enterprises[22] - The cash flow from operating activities for Q1 2019 was negative at approximately -26.62 million, a decline from a positive cash flow of 92.18 million in Q1 2018[60] - The cash flow from investing activities for Q1 2019 was negative at approximately -108.72 million, compared to -25.07 million in Q1 2018, indicating increased cash outflows[60] - The net cash flow from financing activities increased by 450.88% to 21,052.45 million, primarily due to an increase in net borrowings compared to the previous year[22] - The net cash flow from financing activities was 121,063,407.41 CNY, compared to 27,523,801.37 CNY in the previous year, indicating a significant increase[65] Assets and Liabilities - Total assets increased by 6.66% to CNY 4,925,259,897.98 compared to the end of the previous year[12] - Current liabilities rose to ¥2,403,584,300.18 from ¥2,081,868,841.26, an increase of about 15.43%[39] - Total liabilities increased to ¥2,509,789,481.49 from ¥2,209,800,353.31, representing an increase of approximately 13.56%[39] - Total liabilities increased to ¥855,338,702.87 in Q1 2019 from ¥728,201,286.69 in Q1 2018, representing a growth of 17.4%[49] - The total current assets amounted to 2,708,751,693.00 CNY, remaining stable compared to the previous year[68] - The total assets of the company were reported at 4,617,910,901.74 CNY, unchanged from the previous year[68] Shareholder Information - The number of shareholders at the end of the reporting period was 74,568[15] - The largest shareholder, Suzhou Wuzhong Investment Holding Co., Ltd., holds 17.01% of the shares[15] - The company has not yet conducted any share repurchase as of the report date despite previous approvals for share buyback plans[23] - The company paid 6,936,592.59 CNY in dividends, compared to 2,476,198.63 CNY in the previous year, reflecting a higher return to shareholders[65] Investments and Expenses - Financial expenses increased by 88.8% to CNY 1,120.04 million due to higher average borrowings[19] - Investment income increased significantly by 1,683.74% to CNY 567.05 million compared to the previous year[19] - Research and development expenses for Q1 2019 were ¥4,345,710.00, down 22.3% from ¥5,593,698.17 in Q1 2018[49] - Financial expenses increased to ¥11,200,351.63 in Q1 2019, compared to ¥5,932,336.78 in Q1 2018, marking an increase of 88.3%[49] Operational Challenges - The subsidiary, Xiangshui Henglida Technology Chemical Co., is currently in a state of suspension due to an explosion incident, with ongoing efforts for employee arrangements and asset evaluations[23] - The company submitted appeal materials to the National Drug Review Center regarding the rejection of its drug registration application[23] - The company has been actively managing idle funds through structured deposits, with a total investment of 16 million in structured deposits during the reporting period[26]