东软集团(600718) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 1,334,848,876, representing a year-on-year increase of 7.95%[7] - Net profit attributable to shareholders was CNY 3,946,364, a significant decrease of 85.96% compared to the same period last year[7] - The company reported a net profit excluding non-recurring gains and losses of CNY -24,170,133, a decrease of 308.49% year-on-year[7] - The net profit for Q1 2019 was a loss of ¥60,557,710, compared to a loss of ¥11,889,821 in Q1 2018, indicating a significant decline[45] - The total profit for Q1 2019 was a loss of ¥32,413,608, contrasting with a profit of ¥11,695,439 in Q1 2018[43] - The company reported a net profit attributable to shareholders of ¥3,946,364 in Q1 2019, down from ¥28,098,170 in Q1 2018[45] - Other comprehensive income after tax for Q1 2019 was a loss of ¥34,047,071, compared to a loss of ¥14,303,911 in Q1 2018[45] Cash Flow - The net cash flow from operating activities was CNY -1,315,766,795, compared to CNY -1,166,836,590 in the previous year[7] - The net cash flow from operating activities decreased by CNY 148.93 million, a decline of 14.89% compared to the same period last year, primarily due to increased cash payments for goods and services[24] - The net cash flow from investing activities decreased by CNY 417.95 million, a drop of 161.43%, mainly due to a reduction of CNY 426.34 million in the net amount recovered from bank wealth management products[27] - The net cash flow from financing activities increased by CNY 95.88 million, a growth of 200.83%, driven by a net increase of CNY 302.20 million in bank loans[27] - Cash inflow from operating activities for Q1 2019 was CNY 1,617,145,986, an increase from CNY 826,280,273 in Q1 2018, representing a growth of approximately 95.7%[54] - Net cash outflow from operating activities for Q1 2019 was CNY -1,040,008,392, compared to CNY -960,609,967 in Q1 2018, indicating a deterioration of about 8.3%[54] - Cash inflow from financing activities was CNY 1,000,000,000 in Q1 2019, up from CNY 300,000,000 in Q1 2018, reflecting a growth of 233.3%[54] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,276,623,620, a decrease of 2.23% compared to the end of the previous year[7] - The company reported a decrease in total assets due to the implementation of new financial instrument standards, affecting the classification of financial assets[15] - Total liabilities amounted to CNY 4,515,767,610, a decrease from CNY 4,562,651,169 in the previous period, reflecting a reduction of approximately 1%[34] - Total current assets amounted to 6,559,633,023, an increase of 43,077,759 compared to the previous period[59] - Non-current assets totaled 7,020,274,646, reflecting a decrease of 70,893,350 from the previous period[60] - Total equity attributable to shareholders was 8,843,201,015, a decrease of 27,815,591 from the previous period[63] Shareholder Information - The total number of shareholders at the end of the reporting period was 87,709[11] - The largest shareholder, Dalian Neusoft Holdings Co., Ltd., held 12.38% of the shares[11] Research and Development - Research and development expenses rose to CNY 191,904,479, an increase of 13.46% year-on-year, driven by investments in smart automotive connectivity[18] - Research and development expenses in Q1 2019 amounted to ¥191,904,479, which is a 13.54% increase from ¥169,139,116 in Q1 2018[43] Inventory and Receivables - Inventory increased by CNY 558,277,073, a growth of 37.27%, mainly due to an increase in contracts executed[15] - Accounts receivable increased to CNY 2.03 billion from CNY 1.89 billion, reflecting a growth of approximately 7.67%[30] - The company reported a significant increase in other receivables, which rose to CNY 375.44 million from CNY 203.97 million, marking an increase of 84.25%[30]