ST鹏博士(600804) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 1,600,125,748.40, a decrease of 9.16% compared to the same period last year[10]. - Internet access business revenue declined by 18.9% year-on-year, while data center and cloud computing business revenue increased by 37.36%[10]. - Net profit attributable to shareholders was CNY 51,580,939.80, down 43.34% from CNY 91,040,595.83 in the previous year[11]. - Basic earnings per share decreased by 50% to CNY 0.03 from CNY 0.06 in the previous year[11]. - Operating profit for Q1 2019 was $43,924,057.45, a decline of 61.0% compared to $112,967,120.28 in Q1 2018[47]. - Net profit for Q1 2019 was $45,337,361.61, down from $116,073,790.81 in Q1 2018, indicating a decrease of 61.0%[47]. - Total comprehensive income for the first quarter was approximately $58.24 million, reflecting a decrease from $76.95 million year-over-year[52]. Cash Flow and Operating Activities - The net cash flow from operating activities was negative CNY 131,135,606.35, a decrease of 147.84% compared to the previous year[11]. - Cash received from operating activities increased by 68.27%, amounting to ¥62,445,321.52 compared to ¥37,111,087.79 in the previous year[22]. - Cash paid for operating activities rose by 133.78%, totaling ¥539,815,145.16 compared to ¥230,906,544.34 last year[22]. - Operating cash flow for Q1 2019 was negative at -131.14 million, a significant decline from 274.08 million in Q1 2018, indicating a decrease of approximately 148% year-over-year[59]. - Total cash inflow from operating activities was 1.29 billion, down from 1.58 billion in the same quarter last year, reflecting a decrease of about 18%[59]. - Cash outflow from operating activities increased to 1.43 billion, compared to 1.30 billion in Q1 2018, representing an increase of approximately 9%[59]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 22,875,493,515.43, a slight decrease of 0.04% from the end of the previous year[11]. - Total assets decreased slightly from $22.88 billion to $22.87 billion, a decline of approximately 0.04%[32]. - Non-current assets totaled $19.05 billion, down from $19.15 billion, representing a decrease of about 0.52%[32]. - Total liabilities decreased from $15.91 billion to $15.85 billion, a decline of approximately 0.37%[33]. - Total current assets increased from $5.57 billion to $5.76 billion, an increase of about 3.35%[38]. - Total liabilities amounted to $6,965,957,494.55 in Q1 2019, compared to $6,695,373,710.71 in Q1 2018, an increase of 4.03%[42]. Strategic Initiatives - The company is actively undergoing strategic transformation to optimize its telecom product structure and deepen cooperation with operators in various areas, including 5G community base station construction[10]. - The company plans to leverage existing telecom products for collaborative operations and marketing services with operators[10]. - The company has sufficient resource reserves in its data center business for the next two years, indicating potential growth opportunities[10]. Receivables and Financial Management - Accounts receivable and notes receivable increased to ¥468,256,389.49 from ¥328,597,812.98, a change of 42.50%[18]. - Other receivables rose significantly to ¥731,636,250.60 from ¥304,108,921.83, marking an increase of 140.58%[22]. - Interest receivables increased by 278.13%, reaching ¥11,934,841.09 compared to ¥3,156,254.73 in the previous period[22]. - Financial expenses increased by 32.05%, totaling ¥71,982,299.75 compared to ¥54,512,710.01 last year[22]. - Investment income surged to ¥50,008,525.14 from a loss of ¥100,808.27, reflecting a change of 49,707.56%[22]. Research and Development - Research and development expenses for Q1 2019 were $78,411,066.24, slightly up from $77,984,468.22 in Q1 2018[47]. - Research and development expenses decreased to approximately $7.28 million, down 11.6% from $8.24 million in the first quarter of 2018[52].