ST曙光(600303) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue fell by 26.22% to CNY 629,538,488.53 year-on-year[7] - Net profit attributable to shareholders decreased by 315.35% to a loss of CNY 29,912,376.06 compared to the same period last year[7] - The company reported a basic earnings per share of -CNY 0.04, a decrease of 300.00% compared to the previous year[7] - Total operating revenue for Q1 2019 was CNY 629,538,488.53, a decrease of 26.3% compared to CNY 853,235,734.58 in Q1 2018[20] - Net profit for Q1 2019 was a loss of CNY 30,703,331.37, compared to a profit of CNY 13,675,585.75 in Q1 2018[20] - The total comprehensive income for the period was a loss of ¥30,703,331.37, compared to a gain of ¥13,675,585.75 in Q1 2018[21] Cash Flow and Liquidity - Cash flow from operating activities showed a negative change of 303.39%, resulting in a net outflow of CNY 155,992,966.40[7] - The cash inflow from operating activities was 1,097,993,469.78 RMB in Q1 2019, down from 1,198,170,454.35 RMB in Q1 2018, a decrease of approximately 8.4%[28] - In Q1 2019, the company's operating cash flow was negative at -20,278,389.94 RMB, compared to a positive cash flow of 187,069,969.38 RMB in Q1 2018, representing a significant decline[28] - Total cash and cash equivalents at the end of Q1 2019 were 344,123,761.91 RMB, down from 1,015,752,450.32 RMB at the end of Q1 2018, indicating a decrease of approximately 66.1% year-over-year[28] Assets and Liabilities - Total assets decreased by 2.03% to CNY 6,269,685,338.41 compared to the end of the previous year[7] - The total current assets were RMB 2,582,834,795.07, down from RMB 2,661,745,991.90 at the end of December 2018, reflecting a decline of approximately 2.94%[16] - The total current liabilities decreased to RMB 2,450,631,317.24 from RMB 2,519,497,976.30, indicating a reduction of about 2.73%[17] - The total liabilities amounted to RMB 3,263,857,752.00, a decrease from RMB 3,363,089,700.77, reflecting a reduction of approximately 2.95%[17] - The total liabilities at the end of Q1 2019 were 3,009,497,976.30 RMB, with current liabilities accounting for 2,519,497,976.30 RMB[31] Shareholder Information - The number of shareholders reached 68,730, with the top ten shareholders holding a combined 38.35% of shares[10] - The equity attributable to shareholders was RMB 2,844,185,678.00, down from RMB 2,874,098,054.05, indicating a decrease of about 1.04%[17] - Shareholders' equity totaled CNY 2,810,752,012.45, with retained earnings of CNY 907,389,393.09[37] Income and Expenses - Non-operating income increased by 102.00% to CNY 5,958,086.46, mainly due to profit growth from an associated enterprise[12] - Financial expenses decreased by 52.26% to CNY 9,752,837.88, attributed to reduced loan principal and interest expenses[12] - Other income rose by 218.45% to CNY 1,741,680.00, primarily from increased VAT refunds for a subsidiary[12] - Research and development expenses for Q1 2019 were CNY 15,629,690.04, an increase of 45.5% compared to CNY 10,724,757.70 in Q1 2018[20] Inventory and Receivables - Accounts receivable increased to RMB 1,191,271,295.49 from RMB 1,017,411,434.91, marking an increase of about 17.06%[16] - Inventory decreased to RMB 391,321,083.39 from RMB 440,717,066.85, reflecting a decline of approximately 11.21%[16] - Accounts receivable increased to CNY 386,057,130.59 from CNY 285,447,561.26 at the end of 2018, representing a growth of 35.2%[18] Changes in Financial Standards - The company executed new financial accounting standards starting January 1, 2019, affecting the financial statements[32]