ST海越(600387) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the current period was CNY 3,413,846,296.87, representing a decrease of 37.77% year-on-year[6]. - Net profit attributable to shareholders of the listed company was CNY 14,817,588.69, down 85.33% compared to the same period last year[6]. - The net cash flow from operating activities was CNY 28,993,234.78, a significant decline of 87.56% year-on-year[6]. - Basic earnings per share decreased to CNY 0.03, down 86.36% from CNY 0.22 in the previous year[6]. - The weighted average return on equity dropped to 0.57%, a decrease of 3.55 percentage points compared to the previous year[6]. - Revenue decreased by 37.77% to ¥3,413,846,296.87, attributed to the suspension of operations at Ningbo Haiyue New Materials Co., Ltd.[11]. - Operating costs fell by 38.65% to ¥3,203,701,726.23, reflecting the decline in revenue.[11]. - The net profit attributable to the parent company fell by 85.33% to ¥14,817,588.69, primarily due to losses from Ningbo Haiyue New Materials Co., Ltd.[12]. - The company reported a total comprehensive income of CNY 30,586,831.20 for Q1 2019, down from CNY 403,523,542.79 in Q1 2018, a decline of 92.4%[24]. - Net profit for Q1 2019 was CNY 27,294,069.78, down 26.0% from CNY 36,913,836.08 in Q1 2018[26]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 9,723,116,590, a slight increase of 0.14% compared to the end of the previous year[6]. - Current assets totaled CNY 3,265,633,814.71, up from CNY 3,157,429,596.74 at the end of 2018, reflecting a growth of approximately 3.4%[16]. - Total liabilities were CNY 6,591,215,016.54, slightly down from CNY 6,615,386,872.50[18]. - The company's equity increased to CNY 3,131,901,573.46 from CNY 3,094,317,342.20, reflecting a growth of approximately 1.2%[18]. - Total liabilities as of Q1 2019 were CNY 6,615,386,872.50, consistent with the previous year[36]. - Total equity as of Q1 2019 was CNY 3,094,317,342.20, reflecting stability in the company's financial structure[36]. Shareholder Information - The total number of shareholders at the end of the reporting period was 26,712[8]. - The largest shareholder, Zhejiang Haiyue Technology Co., Ltd., held 89,934,087 shares, accounting for 19.05% of the total shares[8]. Cash Flow - Cash flow from operating activities for Q1 2019 was CNY 28,993,234.78, a decline of 87.5% from CNY 233,044,029.49 in Q1 2018[30]. - Cash inflow from operating activities for Q1 2019 was CNY 846,566,897.57, up from CNY 500,102,926.68 in Q1 2018, representing a 69.2% increase[32]. - Net cash flow from operating activities for Q1 2019 was CNY -499,018.76, an improvement compared to CNY -22,859,812.35 in Q1 2018[32]. - The company incurred a net cash outflow of CNY 87,733,314.33 from financing activities in Q1 2019, compared to a net outflow of CNY 122,901,003.91 in Q1 2018[31]. Research and Development - Research and development expenses decreased by 26.14% to ¥54,697,821.03, due to reduced spending at Ningbo Haiyue New Materials Co., Ltd.[11]. - Research and development expenses for Q1 2019 were CNY 54,697,821.03, a decrease of 26.2% compared to CNY 74,057,861.40 in Q1 2018[23]. Government Subsidies - The company received government subsidies amounting to CNY 6,761,435.98, which are included in the current period's profit[7].