宁波富邦(600768) - 2019 Q1 - 季度财报

Financial Performance - Revenue for the period was CNY 146,980,250.21, a decrease of 3.17% compared to CNY 151,797,674.86 in the previous year[6]. - Net profit attributable to shareholders was a loss of CNY 5,820,452.39, compared to a loss of CNY 5,540,286.83 in the same period last year[6]. - Basic and diluted earnings per share were both CNY -0.044, slightly worse than CNY -0.041 in the previous year[6]. - The weighted average return on net assets decreased by 1.50 percentage points to -5.69% from -4.19%[6]. - The company reported a net loss of ¥53,258,051.31 for the period, compared to a loss of ¥47,437,598.92 in the previous period[26]. - Total operating revenue for Q1 2019 was CNY 146,980,250.21, a decrease of 3.9% compared to CNY 151,797,674.86 in Q1 2018[32]. - The net loss for Q1 2019 was CNY 5,820,452.39, compared to a net loss of CNY 5,540,286.83 in Q1 2018, indicating a decline in performance[33]. - Basic and diluted earnings per share for Q1 2019 were both CNY -0.044, compared to CNY -0.041 in Q1 2018[34]. - Total comprehensive income for the period was -¥2,861,287.47, an improvement from -¥6,669,424.50 in the previous year[35]. Assets and Liabilities - Total assets increased by 3.59% to CNY 669,480,313.67 compared to the end of the previous year[6]. - The company's total equity decreased to ¥99,450,932.26 from ¥105,271,384.65, reflecting a decline of about 5.8%[26]. - Total current assets reached ¥439,947,137.14, up from ¥414,589,769.19, indicating an increase of about 6.1%[25]. - Total liabilities were reported at ¥570,029,381.41, up from ¥541,011,987.80, which is an increase of around 5.4%[26]. - The total equity attributable to shareholders was CNY 90,382,603.12, down from CNY 93,243,890.59 in the previous period[30]. - Total liabilities for Q1 2019 were CNY 435,776,961.12, an increase from CNY 432,804,266.45 in the previous period[30]. - Total assets as of the end of Q1 2019 amounted to CNY 526,159,564.24, slightly up from CNY 526,048,157.04 at the end of the previous period[30]. - Total liabilities reached CNY 541,011,987.80, with current liabilities at CNY 538,211,693.96, including short-term borrowings of CNY 183,970,000.00[46]. Cash Flow - Operating cash flow net amount improved significantly to CNY 36,158,641.18 from a negative CNY 38,687,954.95 in the same period last year[6]. - The net cash flow from operating activities improved significantly to ¥36,158,641.18 from a negative ¥38,687,954.95, attributed to liquidity support from Fubon Holdings[17]. - Total cash inflow from operating activities was ¥219,427,922.60, while cash outflow was ¥183,269,281.42, resulting in a net cash flow of ¥36,158,641.18[38]. - The company generated ¥164,592,865.05 from sales of goods and services, down from ¥183,312,586.82 in the same period last year, indicating a decrease of approximately 10.4%[37]. - The net cash flow from investing activities surged by 3,732.85% to ¥177,366,061.67, mainly due to cash received from Fubon Holdings for restructuring transaction payments[17]. - Cash and cash equivalents at the end of Q1 2019 totaled ¥196,213,008.26, up from ¥58,119,140.89 at the end of Q1 2018, reflecting a significant increase of approximately 237%[39]. - The company’s financing activities resulted in a net cash outflow of -¥170,642,708.52, compared to a net inflow of ¥16,089,282.37 in Q1 2018[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,287[11]. - The largest shareholder, Ningbo Fubang Holdings Group Co., Ltd., held 37.25% of the shares[11]. Expenses and Costs - Financial expenses decreased by 33.91% to ¥2,280,704.86 due to reduced bank borrowings[16]. - The company reported a significant increase in income tax expenses by 269.73% to ¥154,848.41, primarily due to increased corporate income tax obligations[16]. - The company recorded a decrease in management expenses to CNY 7,564,793.34 in Q1 2019 from CNY 6,216,601.80 in Q1 2018, reflecting a 21.7% increase[32]. - Financial expenses decreased to CNY 2,280,704.86 in Q1 2019 from CNY 3,450,675.05 in Q1 2018, a reduction of 33.9%[32]. Strategic Focus - The company is focusing on optimizing its aluminum profile production and trade business while implementing differentiated marketing strategies to explore new customer segments[20].