亚星客车(600213) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 358,486,069.77, representing a year-on-year increase of 36.87%[6] - Net profit attributable to shareholders was CNY 1,126,172.53, a decrease of 64.27% compared to the same period last year[6] - Basic and diluted earnings per share remained at CNY 0.01[6] - The net profit after deducting non-recurring gains and losses was CNY 1,015,480.44, a decrease of 60.70% year-on-year[6] - Operating profit for Q1 2019 was CNY 1,021,879.94, down from CNY 6,327,428.18 in Q1 2018, reflecting a decrease of approximately 84%[23] - Net profit for Q1 2019 was CNY 1,134,211.59, compared to CNY 5,456,247.16 in Q1 2018, representing a decline of about 79%[24] - The company's total comprehensive income for Q1 2019 was CNY 1,117,625.94, compared to CNY 701,347.81 in Q1 2018[26] Cash Flow - Net cash flow from operating activities was CNY 106,842,941.17, a significant improvement from a negative cash flow of CNY 154,218,968.61 in the previous year[6] - Cash flow from operating activities improved significantly to ¥106,842,941.17, compared to a negative cash flow of ¥154,218,968.61 in the previous period[11] - The cash inflow from operating activities totaled CNY 425,317,679.64 in Q1 2019, compared to CNY 204,948,125.33 in Q1 2018, marking an increase of 107.5%[29] - The company reported a decrease in cash flow from financing activities, with a net outflow of CNY -103,030,130.13 in Q1 2019, compared to CNY -22,522,791.81 in Q1 2018[30] - The net cash flow from investing activities was -2,156,188.00, compared to -1,808,420.00 in the previous year, indicating an increase in cash outflow by approximately 19.2%[34] - The net cash flow from financing activities was -98,638,458.26, worsening from -57,634,258.69, reflecting a decline of approximately 71%[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,146,072,005.86, a decrease of 1.61% compared to the end of the previous year[6] - The total assets as of March 31, 2019, were ¥5,146,072,005.86, down from ¥5,230,182,803.58 at the end of 2018[17] - The company’s total liabilities decreased to ¥4,868,503,257.86 from ¥4,954,729,541.02, reflecting a reduction in financial obligations[17] - Total liabilities reached 4,954,729,541.02, with current liabilities accounting for 3,042,426,021.51[38] - Total liabilities decreased to CNY 4,755,395,524.67 in Q1 2019 from CNY 4,828,262,792.01 in Q1 2018, a decline of about 1.5%[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,744[10] - The largest shareholder, Weichai (Yangzhou) Yaxing Automobile Co., Ltd., held 51.00% of the shares[10] Expenses - Operating costs increased to ¥293,904,126.14, reflecting a 38.62% rise due to increased sales volume[11] - Financial expenses rose by 43.09% to ¥32,395,626.48, primarily due to increased interest expenses and foreign exchange losses[11] - Research and development expenses for Q1 2019 were CNY 6,802,662.56, down from CNY 7,634,972.84 in Q1 2018, a decrease of about 11%[22] - The company incurred financial expenses of CNY 33,065,819.54 in Q1 2019, compared to CNY 22,266,947.72 in Q1 2018, indicating an increase of 48.7%[25] Inventory and Current Assets - Other current assets increased by 34.64% to ¥73,897,716.89, mainly due to an increase in deductible input tax[11] - The company’s inventory increased to CNY 144,582,967.81 in Q1 2019 from CNY 134,676,423.91 in Q1 2018, an increase of about 7%[20] - Current assets totaled CNY 4,623,536,936.25 in Q1 2019, slightly down from CNY 4,695,021,269.47 in Q1 2018, a decrease of approximately 1.5%[20] Financial Reporting Standards - The company executed new financial instrument standards and revenue recognition standards starting January 1, 2019, impacting financial reporting[38] - The company has implemented new financial instrument standards, which are not expected to have a significant impact on financial statements[43] - The company has not made any significant adjustments to prior period comparative data under the new financial instrument standards[43]