丰华股份(600615) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue fell by 52.19% to CNY 11,540,042.18 year-on-year[5] - Net profit attributable to shareholders was CNY -449,160.26, a decrease of 109.95% compared to the same period last year[5] - Basic earnings per share decreased by 109.09% to CNY -0.002[5] - Total revenue for Q1 2019 was ¥11,540,042.18, a decrease of 52.1% compared to ¥24,138,638.60 in Q1 2018[25] - Net profit for Q1 2019 was a loss of ¥448,505.13, compared to a profit of ¥4,587,439.15 in Q1 2018, representing a significant decline[27] - The company reported a basic and diluted earnings per share of -0.002 yuan for Q1 2019, down from 0.022 yuan in Q1 2018[27] - The total comprehensive income for Q1 2019 was a loss of ¥448,505.13, compared to a profit of ¥4,259,505.85 in Q1 2018[27] Cash Flow - Net cash flow from operating activities increased by 50.34% to CNY 5,706,958.89[5] - Cash inflow from operating activities in Q1 2019 was ¥16,819,966.47, a decrease from ¥18,648,576.89 in Q1 2018[31] - The net cash flow from operating activities for Q1 2019 was ¥5,706,958.89, an increase from ¥3,796,098.69 in Q1 2018, representing a growth of approximately 50.4%[33] - Total cash inflow from investment activities was ¥46,455,447.76, while cash outflow was ¥32,604,647.99, resulting in a net cash flow of ¥13,850,799.77, compared to a negative net cash flow of ¥104,209,209.71 in the previous year[33] - The net increase in cash and cash equivalents for Q1 2019 was ¥19,557,758.66, contrasting with a decrease of ¥100,413,111.02 in Q1 2018[34] - The total cash and cash equivalents at the end of Q1 2019 stood at ¥26,375,643.11, up from ¥19,342,828.25 at the end of Q1 2018[34] Assets and Liabilities - Total assets decreased by 1.62% to CNY 635,668,620.55 compared to the end of the previous year[5] - Total assets decreased from ¥646,164,012.76 to ¥635,668,620.55, a decline of approximately 0.77%[20] - Non-current assets decreased from ¥64,324,718.79 to ¥59,054,778.74, a decline of approximately 8.23%[20] - Current liabilities decreased from ¥30,152,686.66 to ¥19,789,197.14, a decline of approximately 34.36%[20] - Total liabilities decreased from ¥46,127,712.41 to ¥36,080,825.33, a decline of approximately 21.73%[20] - Owner's equity decreased from ¥600,036,300.35 to ¥599,587,795.22, a decline of approximately 0.07%[20] - Other receivables decreased from ¥566,261,800.25 to ¥545,937,894.97, a decline of approximately 3.59%[22] - Total current assets decreased from ¥603,671,538.86 to ¥599,024,047.72, a decline of approximately 0.62%[22] Shareholder Information - The total number of shareholders reached 11,290[10] - The largest shareholder, Longxin Holdings Co., Ltd., holds 33.45% of the shares[10] Government Support and Other Income - Government subsidies recognized in the current period amounted to CNY 336,500.00[8] - Other income surged by 8312.50% to ¥336,500.00, attributed to increased government subsidies received during the period[14] - Non-recurring gains and losses totaled CNY 2,094,533.04[8] Investment and Financial Adjustments - Investment income fell by 80.35% to ¥1,206,886.05, primarily due to lower returns from financial products compared to the previous period[14] - The company reported a significant decrease in cash flow from investment activities, with cash outflow totaling ¥584,873,243.80 in Q1 2018 compared to ¥8,999,948.39 in Q1 2019[36] - The company’s undistributed profits showed a negative balance of CNY -86,881,508.61, indicating accumulated losses[41] - The company reclassified CNY 30,000,000.00 from other current assets to trading financial assets, impacting the financial asset structure[46] - The company’s financial adjustments included reclassifying CNY 4,448,961.77 from available-for-sale financial assets to trading financial assets, reflecting a strategic shift in asset management[42] Tax and Expenses - The company reported a significant decrease in tax expenses, down 99.82% to ¥2,312.22, due to lower investment income in the prior period[14] - The company incurred management expenses of ¥3,090,332.61 in Q1 2019, a decrease of 10.5% from ¥3,452,641.38 in Q1 2018[25] - The company reported a tax expense of ¥2,312.22 for Q1 2019, compared to ¥1,293,148.65 in Q1 2018[25]