ST康美(600518) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 14.58% to CNY 220.88 million year-on-year[4] - Basic earnings per share decreased by 13.46% to CNY 0.045 per share[4] - The net profit after deducting non-recurring gains and losses decreased by 32.29% to CNY 170.91 million[4] - The report indicates that there are relationships among the top ten ordinary shareholders, suggesting potential coordinated actions[22] - Comprehensive income for Q1 2019 totaled CNY 216,305,044.63, down from CNY 250,398,179.31 in Q1 2018[32] - Total comprehensive income for Q1 2019 was CNY 125,388,174.63, compared to CNY 276,730,083.93 in Q1 2018, representing a decrease of approximately 54.6%[35] Revenue and Costs - Operating revenue increased slightly by 0.18% to CNY 4.90 billion compared to the same period last year[4] - Total operating costs increased to CNY 4,711,822,101.01, up 2.66% from CNY 4,589,432,909.92 in the same period last year[31] - Cash received from sales of goods and services in Q1 2019 was CNY 4,202,242,727.76, a decline from CNY 4,367,959,925.42 in Q1 2018, representing a decrease of about 3.8%[36] Cash Flow - Net cash flow from operating activities improved significantly, with a net inflow of CNY 673.95 million, a 141.62% increase year-on-year[4] - Operating cash flow increased significantly by 141.62% to ¥673,948,510.00 from a negative cash flow of -¥1,619,432,371.05 due to increased sales receipts[23] - Cash inflow from operating activities totaled CNY 5,220,813,132.08 in Q1 2019, compared to CNY 4,535,232,837.48 in Q1 2018, marking an increase of approximately 15.2%[36] - Cash outflow from operating activities decreased to CNY 4,546,864,622.08 in Q1 2019 from CNY 6,154,665,208.53 in Q1 2018, a reduction of about 26.0%[37] Assets and Liabilities - Total assets decreased by 1.11% to CNY 73.80 billion compared to the end of the previous year[4] - Total liabilities decreased to CNY 45,274,925,091.01 from CNY 46,327,912,277.87, a reduction of approximately 2.28%[28] - Current assets increased to CNY 57,697,816,516.82 from CNY 57,266,996,448.20, reflecting a growth of about 0.76%[29] - Cash and cash equivalents decreased by 43.02% to ¥1,048,014,129.75 from ¥1,839,201,190.32 due to debt repayment[23] Shareholder Information - The number of shareholders at the end of the reporting period was 1,633,028,522 shares held by the largest shareholder, accounting for 32.83%[8] - The largest preferred shareholder, Bosera Fund, holds 9,000,000 shares, representing 30.00% of the total[10] - Huashang Fund and Jiao Yin Schroder Asset Management each hold 6,000,000 shares, accounting for 20.00% of the total each[10] Government Support and Other Income - The company received government subsidies amounting to CNY 60.87 million during the reporting period[6] - Other income increased significantly by 401.92% to ¥60,648,598.49 from ¥12,083,392.44 due to increased government subsidies recognized in the current period[23] - Investment income rose by 220.72% to ¥38,835,826.96 from ¥12,108,982.74 due to increased equity method investment returns[23] Research and Development - Research and development expenses decreased to CNY 21,522,150.98, down 25.6% from CNY 28,887,578.28 in Q1 2018[31] - Development expenditures increased by 48.70% to ¥55,668,300.50 from ¥37,437,362.56 due to increased R&D spending[23] Financial Ratios - The weighted average return on equity decreased by 0.02 percentage points to 0.87%[4] - Short-term borrowings increased significantly to CNY 14,940,000,000.00 from CNY 11,572,570,400.00, an increase of approximately 28.88%[29]