青海春天(600381) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 27.77% to CNY 72,166,157.72 from CNY 99,905,464.08 in the same period last year[7] - Net profit attributable to shareholders decreased by 98.58% to CNY 630,954.33 from CNY 44,354,227.10 year-on-year[7] - Basic earnings per share dropped by 80.52% to CNY 0.0134 compared to CNY 0.0688 in the previous year[7] - The company reported a net loss of CNY 1,596,739,358.96 in Q1 2019, slightly improved from a loss of CNY 1,603,959,656.95 in Q4 2018[27] - The net profit for Q1 2019 reached CNY 7,220,297.99, compared to a net loss of CNY 777,956.40 in Q1 2018, indicating a turnaround in profitability[31] - The company reported a total comprehensive income of CNY 7,220,297.99 for Q1 2019, compared to a total comprehensive loss of CNY 777,956.40 in the same period last year[31] Cash Flow - Cash flow from operating activities showed a loss of CNY 51,034,402.18, compared to a loss of CNY 16,708,099.32 in the same period last year[7] - The cash flow from operating activities for Q1 2019 was CNY 21,935,651.54, a decrease from CNY 71,972,689.45 in Q1 2018, indicating a decline in cash inflow from operations[33] - The net cash flow from operating activities was -51,034,402.18 CNY, compared to -16,708,099.32 CNY in the previous year, indicating a significant decline in operational performance[34] - Total cash inflow from investment activities amounted to 837,731,961.25 CNY, while cash outflow was 529,957,000.00 CNY, resulting in a net cash flow of 307,774,961.25 CNY from investments[35] - The net increase in cash and cash equivalents for the period was 256,641,976.80 CNY, compared to an increase of 67,606,534.06 CNY in the same period last year[35] Assets and Liabilities - Total assets increased by 0.73% to CNY 2,453,384,273.20 compared to the end of the previous year[7] - Total liabilities increased to CNY 415,191,494.31 in Q1 2019 from CNY 365,243,311.30 in Q4 2018[27] - The company's equity attributable to shareholders was CNY 4,875,390,530.82, slightly up from CNY 4,868,170,232.83 in the previous quarter[27] - Non-current assets decreased to ¥766,443,900.79 from ¥771,016,386.50, primarily due to the transfer of prepaid investment funds[22] - Total liabilities amounted to 365,243,311.30, with non-current liabilities at 13,235,000.10[47] Shareholder Information - The number of shareholders reached 44,350 at the end of the reporting period[12] - The largest shareholder, Tibet Rong'en Technology Co., Ltd., holds 46.53% of the shares, with 273,168,394 shares pledged[12] Research and Development - Research and development expenses increased by 158.42% to ¥367,288.34 from ¥142,126.81, reflecting increased investment in R&D[16] - Research and development expenses for Q1 2019 were CNY 367,288.34, up from CNY 142,126.81 in Q1 2018, reflecting increased investment in innovation[27] Other Income and Expenses - Non-operating income included CNY 7,199,857.55 from other sources[9] - Other income increased significantly by 1086.95% to ¥2,166,180.72 from ¥182,500.02, attributed to government subsidies received[16] - The company incurred operating expenses of CNY 17,804,254.14 in Q1 2019, up from CNY 7,760,360.37 in Q1 2018, reflecting increased operational costs[30] Financial Standards - The company executed a new financial instrument standard starting January 1, 2019, affecting the financial statement format[43] - The company implemented new financial instrument standards starting January 1, 2019, affecting the financial statement format[47]