ST通葡(600365) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 387,172,737.93, a decline of 2.01% year-on-year[7] - Net profit attributable to shareholders decreased by 50.93% to CNY 1,329,198.16 compared to the same period last year[7] - Basic earnings per share dropped by 70.00% to CNY 0.003[7] - The net profit attributable to shareholders of the parent company was CNY 1,329,198.16, down 50.9% from CNY 2,708,626.66 in the previous year[41] - The total comprehensive income for Q1 2019 was CNY 5,147,345.32, a decrease of 42.5% compared to CNY 8,913,504.44 in Q1 2018[41] - The operating profit for Q1 2019 was CNY -2,274,802.23, an improvement from CNY -3,209,206.00 in Q1 2018[44] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 60,645,591.21, compared to a net outflow of CNY 36,127,029.46 in the previous year[7] - The net cash flow from operating activities was CNY -60,645,591.21, worsening from CNY -36,127,029.46 in the previous year[47] - The net cash flow from all activities for Q1 2019 was -161,448,808.82 RMB, compared to -59,788,236.50 RMB in Q1 2018, highlighting a worsening cash position[50] - The total cash inflow from operating activities was CNY 429,445,318.54, down from CNY 462,358,178.94 in Q1 2018[47] - The cash inflow from sales of goods and services decreased to 10,762,378.00 RMB in Q1 2019 from 13,860,517.82 RMB in Q1 2018, representing a decline of about 22.5%[50] Assets and Liabilities - Total assets decreased by 8.40% to CNY 1,098,951,820.49 compared to the end of the previous year[7] - Total liabilities amounted to CNY 328,521,924.13, compared to CNY 419,734,877.15 at the end of 2018, showing a reduction in overall debt[34] - Current liabilities decreased to CNY 325.02 million from CNY 416.23 million at the end of last year[30] - Total assets as of the end of Q1 2019 amounted to 1,199,717,428.19 RMB, remaining stable compared to the previous year[53] - The company’s total liabilities stood at 416,234,290.97 RMB, indicating a stable liability position compared to the previous year[53] Shareholder Information - The number of shareholders at the end of the reporting period was 30,257[11] - The largest shareholder, Jilin Province Jixiang Jiade Investment Co., Ltd., held 10.77% of the shares[12] Expenses - Sales expenses surged by CNY 25.82 million, a 120.91% increase year-on-year[18] - R&D expenses increased by CNY 5.16 million, up 38.23% compared to the same period last year[19] - Financial expenses rose by CNY 18.88 million, a significant increase of 304.72% year-on-year[19] - The company reported a significant increase in sales expenses to CNY 47,176,983.54 from CNY 21,355,655.55 in Q1 2018, indicating increased marketing efforts[40] - Research and development expenses rose to CNY 186,668.05 from CNY 135,040.37 in Q1 2018, reflecting a commitment to innovation[40] Cash and Cash Equivalents - Cash and cash equivalents decreased by 80.29% to CNY 42,672,852.17 due to increased payments for goods and other operating activities[15] - Cash and cash equivalents decreased significantly to CNY 13,664,344.10 from CNY 175,105,584.56 at the end of 2018[34] - Total cash and cash equivalents at the end of Q1 2019 were 13,664,344.10 RMB, down from 24,757,802.74 RMB at the end of Q1 2018, reflecting a decrease of approximately 44.7% year-over-year[51] Receivables and Prepayments - Significant increase in other receivables by 285.22% to CNY 151,922,232.58 compared to the end of the previous year[15] - Accounts receivable increased to CNY 169.09 million, a decrease of 9.15% compared to the end of last year[17] - Prepayments increased by CNY 59.83 million, up 71.56% year-on-year[17] - Other receivables rose by CNY 112.48 million, an increase of 285.22% compared to the previous year[17] - Accounts receivable increased to CNY 56,047,098.47 from CNY 44,956,307.56 at the end of 2018, indicating potential issues with cash flow[34]