ST信通(600289) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 192,933,832.51, a decline of 6.85% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 42,619,352.67, improving from a loss of CNY 116,079,728.11 in the same period last year[7] - Basic and diluted earnings per share were both -0.0675 CNY, compared to -0.1839 CNY in the previous year[7] - Total operating revenue for Q1 2019 was ¥192,933,832.51, a decrease of 6.5% compared to ¥207,131,655.38 in Q1 2018[23] - Net profit for Q1 2019 was a loss of ¥43,004,964.76, an improvement from a loss of ¥116,186,748.80 in Q1 2018[24] - Basic and diluted earnings per share for Q1 2019 were both -¥0.0675, compared to -¥0.1839 in Q1 2018[25] - Total comprehensive income for Q1 2019 was CNY 35,269,000.60, compared to CNY 31,668,569.80 in Q1 2018, representing an increase of approximately 11.3%[26] Assets and Liabilities - Total assets decreased by 1.80% to CNY 2,661,593,031.61 compared to the end of the previous year[7] - As of March 31, 2019, total current assets amounted to ¥2,078,552,152.09, a decrease from ¥2,125,823,843.63 on December 31, 2018, representing a decline of approximately 2.2%[15] - The company's cash and cash equivalents decreased to ¥1,249,564,237.55 from ¥1,314,235,233.83, reflecting a reduction of about 4.9%[15] - Accounts receivable stood at ¥491,743,380.39, slightly down from ¥500,563,472.59, indicating a decrease of approximately 1.6%[15] - Inventory increased to ¥201,535,743.58 from ¥180,709,639.17, marking an increase of about 11.5%[15] - Total liabilities decreased to ¥3,478,354,285.44 from ¥3,484,087,438.17, a reduction of approximately 0.2%[17] - The company's total assets were reported at ¥2,661,593,031.61, down from ¥2,710,331,149.10, reflecting a decrease of about 1.8%[17] - The total equity attributable to shareholders decreased to -¥812,941,191.18 from -¥770,321,838.51, indicating a decline of approximately 5.5%[17] - Non-current assets totaled ¥583,040,879.52, slightly down from ¥584,507,305.47, a decrease of about 0.3%[16] - The total assets increased to ¥4,229,467,019.70 in Q1 2019 from ¥4,153,824,518.61 in Q1 2018, marking a growth of 1.8%[22] - Total liabilities rose to ¥3,541,963,592.93 in Q1 2019, up from ¥3,501,590,092.44 in Q1 2018, indicating an increase of 1.2%[22] - Owner's equity increased to ¥687,503,426.77 in Q1 2019 from ¥652,234,426.17 in Q1 2018, reflecting a growth of 5.4%[22] Expenses - Research and development expenses decreased by 39.22% to CNY 66,619,818.77 due to a reduction in the number of R&D personnel[12] - Selling expenses were reduced by 37.85% to CNY 29,433,834.42 as the company adjusted its operational strategy[12] - Management expenses decreased by 21.67% to CNY 82,229,682.94, as no performance bonuses were issued during the reporting period[12] - Research and development expenses decreased to ¥66,619,818.77 in Q1 2019 from ¥109,604,969.57 in Q1 2018, a reduction of 39.2%[23] - The company reported a significant decrease in sales expenses, which fell to ¥29,433,834.42 from ¥47,358,821.31, a decline of 37.8%[23] Cash Flow - The company reported a net cash flow from operating activities of -CNY 81,727,713.71, an improvement from -CNY 109,534,534.57 in the previous year[7] - Cash inflow from operating activities in Q1 2019 was CNY 235,917,173.92, down from CNY 336,082,444.90 in Q1 2018, a decrease of about 29.7%[29] - Net cash outflow from operating activities was CNY -81,727,713.71 in Q1 2019, improving from CNY -109,534,534.57 in Q1 2018[29] - Cash and cash equivalents at the end of Q1 2019 totaled CNY 245,644,881.08, compared to CNY 237,530,025.07 at the end of Q1 2018, an increase of approximately 3.7%[30] - Cash outflow from investing activities was CNY -673,169.99 in Q1 2019, compared to CNY -2,955,220.37 in Q1 2018, indicating a significant reduction in investment losses[29] - Cash outflow from financing activities was CNY -20,050,508.33 in Q1 2019, reflecting a decrease in financing costs compared to the previous year[30] - Operating cash inflow for the parent company was CNY 222,564,276.19 in Q1 2019, down from CNY 244,036,747.95 in Q1 2018, a decline of about 8.8%[31] - Net cash flow from operating activities for the parent company was CNY 15,366,601.42 in Q1 2019, a decrease from CNY 82,175,650.30 in Q1 2018[31] - Total cash outflow for the parent company's investing activities was CNY -252,103.00 in Q1 2019, significantly lower than CNY -2,574,873.00 in Q1 2018[32] - The company reported a net increase in cash and cash equivalents of CNY 15,114,498.42 in Q1 2019, compared to CNY 59,550,268.97 in Q1 2018, indicating a decrease in cash generation capacity[32] Shareholder Information - The total number of shareholders was 41,898, with the largest shareholder holding 32.89% of the shares[11] - The company reported a total of ¥1,410,500,904.71 in capital reserves, unchanged from the previous period[17] - Non-operating income for the period was CNY 38,617.73, offset by a loss from the disposal of non-current assets of CNY 19,406.30[8]