精伦电子(600355) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue increased by 4.42% to CNY 96,037,960.56 year-on-year[9] - Net profit attributable to shareholders was a loss of CNY 2,226,764.92, an improvement from a loss of CNY 4,782,493.70 in the same period last year[9] - Operating profit for Q1 2019 was CNY 797,720.17, a significant improvement from a loss of CNY 3,194,489.37 in Q1 2018[29] - Net profit for Q1 2019 was CNY 793,166.46, compared to a net loss of CNY 3,204,314.05 in Q1 2018[29] - The company reported a significant increase in income tax expenses by 91.36% to ¥3,019,931.38, attributed to higher income tax from its subsidiary[14] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 9,371,856.43, compared to a negative cash flow of CNY 29,527,811.43 in the previous year[9] - Net cash flow from operating activities improved to ¥9,371,856.43, a significant recovery from -¥29,527,811.43 in the previous year[15] - The cash flow from operating activities for Q1 2019 was CNY 9,371,856.43, a recovery from a negative cash flow of CNY -29,527,811.43 in Q1 2018[34] - The total cash inflow from operating activities was CNY 106,762,635.27, compared to CNY 112,102,734.48 in Q1 2018[34] - The total cash outflow from operating activities was CNY 97,390,778.84, down from CNY 141,630,545.91 in Q1 2018[34] Assets and Liabilities - Total assets decreased by 4.02% to CNY 522,597,452.84 compared to the end of the previous year[9] - Total liabilities amounted to CNY 184,126,542.53, with current liabilities at CNY 176,506,542.53[41] - Current liabilities decreased to ¥157,324,093.00 from ¥176,506,542.53, indicating improved liquidity management[23] - Total assets as of March 31, 2019, were CNY 630,346,705.36, a marginal increase from CNY 628,448,077.12 at the end of 2018[26] - Total liabilities as of March 31, 2019, were CNY 275,143,897.10, compared to CNY 265,631,756.68 at the end of 2018[26] Shareholder Information - The total number of shareholders reached 42,036 at the end of the reporting period[12] - Shareholders' equity decreased to CNY 355,202,808.26 from CNY 362,816,320.44 at the end of 2018[27] Investment and Expenses - Research and development expenses for Q1 2019 were CNY 3,085,513.23, slightly decreased from CNY 3,391,676.33 in Q1 2018[31] - Financial expenses increased by 84.86% to ¥1,089,107.26 due to new bank credit business fees[14] - The company recorded an asset impairment loss of CNY -2,476,049.80 in Q1 2019, contrasting with a gain of CNY 1,382,994.97 in Q1 2018[31] Other Financial Metrics - The weighted average return on net assets improved to -0.62% from -1.38% year-on-year[9] - Cash and cash equivalents as of March 31, 2019, were CNY 38,533,983.53, down from CNY 63,424,724.71 at the end of 2018[25] - Inventory as of March 31, 2019, was CNY 65,258,555.44, slightly up from CNY 64,669,703.65 at the end of 2018[25] - The company’s total assets as of Q1 2019 amounted to CNY 544,506,667.29, unchanged from the previous reporting period, indicating stability in asset management[40]