江苏有线(600959) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY 82,520,673.45, down 39.18% year-on-year[12]. - Operating revenue attributable to shareholders was CNY 1,787,642,418.55, a decrease of 3.28% compared to the same period last year[12]. - Net cash flow from operating activities was CNY 273,819,233.14, down 30.65% year-on-year[12]. - Basic earnings per share were CNY 0.02, a decrease of 33.33% compared to the previous year[12]. - Net profit attributable to shareholders decreased by 39.18% to ¥82,520,673.45, primarily due to a decline in operating revenue[22]. - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 64.86% to ¥40,750,840.41[22]. - Total operating revenue for Q1 2019 was CNY 1,787,642,418.55, a decrease of 3.3% compared to CNY 1,848,284,340.07 in Q1 2018[42]. - Net profit for Q1 2019 was CNY 86,182,717.50, a decline of 59.0% from CNY 210,798,002.40 in Q1 2018[44]. - Total profit for Q1 2019 was CNY 86,296,861.35, down from CNY 211,302,042.61 in Q1 2018, representing a decrease of 59.1%[44]. - The total comprehensive income amounted to CNY 44,785,256.26, compared to CNY 91,746,799.11 in the same period last year, indicating a significant decrease[50]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 32,010,847,543.41, a decrease of 0.68% compared to the end of the previous year[12]. - The total liabilities amounted to ¥9,707,137,962.93, a decrease of approximately 3.05% from ¥10,012,496,126.91[33]. - The total equity attributable to shareholders reached ¥21,583,239,758.67, an increase of about 0.38% from ¥21,500,719,085.22[33]. - The total current assets decreased to ¥2,984,080,716.82, down 4.58% from ¥3,127,519,124.61[37]. - The total non-current assets slightly decreased to ¥23,623,565,845.55 from ¥23,682,313,623.93, a reduction of about 0.25%[37]. - The total liabilities and equity amounted to ¥26,607,646,562.37, down from ¥26,809,832,748.54, indicating a decrease of approximately 0.75%[39]. - The company reported total liabilities of RMB 5,572,575,356.12, with current liabilities at RMB 4,730,301,968.15 and non-current liabilities at RMB 842,273,387.97[73]. - Shareholders' equity totaled RMB 21,237,257,392.42, including paid-in capital of RMB 4,930,460,075.00 and capital reserves of RMB 13,186,190,560.00[73]. Cash Flow - Net cash flow from operating activities decreased by 30.65% to ¥273,819,233.14 compared to the same period last year[22]. - Cash inflows from operating activities totaled CNY 2,167,532,036.12, down from CNY 2,445,814,434.50 year-over-year, reflecting a decline of approximately 11.4%[54]. - The net cash flow from investing activities was -CNY 580,590,126.13, indicating a worsening from -CNY 668,230,247.61 year-over-year[54]. - Cash inflows from financing activities were CNY 38,000,000.00, down from CNY 46,408,719.85 in the previous year, reflecting a decline of approximately 18.5%[56]. - The ending balance of cash and cash equivalents was CNY 5,282,038,869.76, down from CNY 5,991,117,934.61 year-over-year, representing a decrease of about 11.8%[56]. - The company’s cash flow from financing activities showed a net cash flow of 0.00 RMB, indicating no new financing activities during the period[59]. Shareholder Information - The total number of shareholders at the end of the reporting period was 142,805[19]. - The largest shareholder, Jiangsu Broadcasting Television Information Network Investment Co., Ltd., held 700,765,182 shares, representing 14.21% of the total[19]. Operational Efficiency - The weighted average return on net assets decreased by 0.63 percentage points to 0.38%[12]. - Accounts receivable increased by 46.80% to ¥44,461,560.00 due to an increase in accepted bills[22]. - Financial expenses decreased by 174.37% to -¥6,525,768.04, due to a decline in interest expenses and an increase in interest income[22]. - Other operating income increased by 41.35% to ¥43,557,931.00, driven by increased compensation for demolition[22]. - The company is focusing on enhancing its operational efficiency and exploring new market opportunities to drive future growth[50]. Research and Development - Research and development expenses for Q1 2019 were CNY 3,684,123.11, an increase from CNY 3,352,461.44 in Q1 2018[42].