时代万恒(600241) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 92,739,207.09, representing a significant decline of 66.41% year-on-year[6] - Net profit attributable to shareholders was a loss of CNY 7,859,440.43, improving from a loss of CNY 15,383,491.13 in the same period last year[6] - The weighted average return on net assets was -0.63%, an improvement from -1.08% in the previous year[6] - The company's basic earnings per share were -CNY 0.03, an improvement from -CNY 0.05 in the previous year[6] - Operating profit for Q1 2019 was -¥8,228,597.63, an improvement from -¥18,775,182.06 in Q1 2018[29] - Net profit for Q1 2019 was -¥8,220,396.86, compared to -¥19,200,849.87 in Q1 2018, indicating a reduced loss[29] - The company reported a net loss in retained earnings of CNY 165,948,763.81[47] Cash Flow - The net cash flow from operating activities was -CNY 7,695,687.88, compared to -CNY 46,737,566.44 in the same period last year, indicating a significant reduction in cash outflow[6] - The cash flow from operating activities for Q1 2019 was negative at -¥7,695,687.88, an improvement from -¥46,737,566.44 in Q1 2018[39] - The total cash inflow from operating activities was ¥9,890,196.05, while cash outflow was ¥10,207,725.72, resulting in a net cash flow of -¥317,529.67, an improvement from -¥2,003,116.46 year-over-year[41] - The financing activities resulted in a net cash outflow of -¥22,648,125.01, compared to a net inflow of ¥13,445,737.51 in the previous year[42] - The cash flow from investment activities showed a net outflow of -¥12,965,001.34, a notable decrease from -¥647,969,979.65 in Q1 2018[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,815,199,810.80, a decrease of 2.75% compared to the end of the previous year[6] - The total assets as of March 31, 2019, were RMB 1,815,199,810.80, down from RMB 1,866,448,716.59 at the end of 2018[22] - The company's total liabilities decreased to RMB 581,987,113.38 from RMB 621,237,803.15 at the end of 2018[23] - Total liabilities as of March 31, 2019, were ¥212,547,621.68, down from ¥232,617,428.33 at the end of 2018, a decrease of 8.6%[26] - The company's total equity decreased to RMB 1,233,212,697.42 from RMB 1,245,210,913.44 at the end of 2018[23] Shareholder Information - The number of shareholders at the end of the reporting period was 14,057, with the largest shareholder holding 48.63% of the shares[9] Investment and Income - Investment income increased due to the redemption of financial products, leading to higher returns[14] - The company recorded investment income of ¥2,312,059.11 in Q1 2019, compared to ¥794,874.45 in Q1 2018[35] - The company reported interest income of ¥7,145,641.31 in Q1 2019, up from ¥2,523,446.08 in Q1 2018[35] Other Financial Metrics - The company experienced a decrease in other current assets by 56.17%, primarily due to a reduction in deductible taxes and the redemption of financial products[13] - The company's inventory increased to RMB 139,305,470.95 from RMB 137,572,872.20 at the end of 2018[21] - The cash and cash equivalents as of March 31, 2019, were RMB 340,302,287.84, down from RMB 354,287,446.37 at the end of 2018[21] - The company executed a reclassification of financial assets under the new financial instrument standards, impacting the classification of certain assets[48][50]