庚星股份(600753) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 53.46% to CNY 1,808,416.41 year-on-year[5] - Operating revenue fell by 66.37% to CNY 194,325,493.72 compared to the same period last year[5] - Basic earnings per share decreased by 53.33% to CNY 0.014[5] - The net loss for the company in Q1 2019 was CNY 1,898,648.30, compared to a net profit in the same period last year[23] - In Q1 2019, the company reported a net profit of CNY 1,479,031.71, a decrease of 61.9% compared to CNY 3,885,313.52 in Q1 2018[25] - The company’s total profit for Q1 2019 was CNY 2,201,648.30, reflecting a decline from CNY 5,751,291.46 in Q1 2018[25] Assets and Liabilities - Total assets decreased by 3.57% to CNY 225,703,081.95 compared to the end of the previous year[5] - Total liabilities as of March 31, 2019, were CNY 61,236,646.51, an increase from CNY 60,592,195.51 at the end of 2018[22] - The company's total equity as of March 31, 2019, was CNY 155,471,470.29, a decrease from CNY 156,183,958.10 at the end of 2018[22] - The total assets as of Q1 2019 were 234,050,296.64 RMB, remaining unchanged from the previous year[37] - Total liabilities amounted to ¥50,949,106.91, with total equity at ¥183,101,189.73, resulting in total assets of ¥234,050,296.64[38] Cash Flow - Net cash flow from operating activities improved by 53.17%, reaching -CNY 80,523,123.99[5] - Cash flow from operating activities showed a net outflow of CNY 80,523,123.99 in Q1 2019, an improvement from a net outflow of CNY 171,963,033.79 in Q1 2018[30] - The company reported a decrease in cash received from operating activities, with a total of 3,161,818.27 RMB in Q1 2019 compared to 24,282,300.70 RMB in Q1 2018[34] - The cash outflow for operating activities was 3,502,960.09 RMB in Q1 2019, significantly lower than 107,813,525 RMB in Q1 2018[34] Shareholder Information - The total number of shareholders reached 7,597 at the end of the reporting period[9] - The largest shareholder, Zhonggeng Real Estate Industrial Group, holds 32.00% of the shares[9] - The second-largest shareholder, Yushang Group, holds 15.07% of the shares, with 6,780,000 shares pledged[9] Operational Metrics - Accounts receivable increased by 341.89% to ¥167,845,325.39 from ¥37,983,856.81, primarily due to bulk trade in coking coal business[12] - Inventory reached ¥7,931,034.46, marking a 100% increase, driven by sales growth[12] - Operating costs fell by 67.23% to ¥186,679,736.41 from ¥569,620,291.08, reflecting the same business adjustments[13] - Management expenses surged by 160.69% to ¥5,020,041.27 from ¥1,925,659.09, attributed to strategic adjustments and increased related costs[13] Financial Adjustments - The company has implemented new financial and revenue recognition standards, which may impact future financial reporting[35] - The company reported a negative retained earnings of ¥-86,959,255.39, indicating accumulated losses[38] - Financial expenses increased significantly by 2494.04%, resulting in a net expense of -¥611,862.33, mainly due to customer fund occupation costs[13]