惠而浦(600983) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 1,458,794,696.45, a decline of 13.93% year-on-year[11] - Net profit attributable to shareholders was CNY -15,272,896.69, representing a decrease of 126.51% compared to the same period last year[11] - The company reported a net profit of CNY -15,272,896.69, a decrease of 127% compared to the previous period's profit of CNY 57,619,380.12, primarily due to a decline in gross profit[17] - Total operating revenue for Q1 2019 was CNY 1,458,794,696.45, a decrease of 14% compared to CNY 1,694,967,232.72 in Q1 2018[39] - Net profit for Q1 2019 was a loss of CNY 15,272,896.69, compared to a profit of CNY 57,619,380.12 in Q1 2018[40] - Total comprehensive income for Q1 2019 was a loss of CNY 15,245,969.02, compared to a gain of CNY 57,638,273.37 in Q1 2018[40] Cash Flow - Net cash flow from operating activities improved by 43.86%, reaching CNY -336,616,186.05[11] - Cash flow from operating activities showed a net outflow of CNY -336,616,186.05, a 44% improvement compared to the previous outflow of CNY -599,593,116.35[17] - Cash inflow from operating activities for the first quarter of 2019 was 1,385,484,883.65 RMB, a decrease of 10.94% from 1,555,941,916.99 RMB in the first quarter of 2018[48] - Cash outflow from operating activities totaled 1,722,101,069.70 RMB, down from 2,155,535,033.34 RMB in the previous year, resulting in a net cash flow from operating activities of -336,616,186.05 RMB[51] - The net cash flow from investing activities was -365,289,482.99 RMB, contrasting with a positive cash flow of 8,914,993.78 RMB in the same quarter of 2018[51] - The net cash flow from financing activities was -67,658,996.89 RMB, indicating a decrease in cash inflow compared to the previous year[53] Assets and Liabilities - Total assets decreased by 4.05% to CNY 7,958,162,275.08 compared to the end of the previous year[11] - The company’s total assets decreased to CNY 7,958,162,275.08 from CNY 8,294,398,092.97, reflecting a reduction in available financial assets[28] - Total liabilities decreased from ¥4,178,687,561.70 to ¥3,857,697,712.83, a reduction of approximately 7.7%[30] - Total current liabilities decreased from ¥3,219,471,975.21 to ¥2,971,762,962.38, a decline of about 7.7%[36] - Cash and cash equivalents decreased from ¥1,716,117,541.07 to ¥930,684,721.67, a drop of approximately 45.8%[34] Shareholder Information - The number of shareholders at the end of the reporting period was 23,799[14] - The largest shareholder, Whirlpool (China) Investment Co., Ltd., holds 51.00% of the shares[14] Research and Development - Research and development expenses increased by 35% to CNY 32,270,790.78 from CNY 23,928,482.50, indicating ongoing investment in new products and technologies[17] Other Financial Metrics - The weighted average return on net assets decreased by 125.29 percentage points to 1.47%[11] - The basic earnings per share for the period was CNY -0.08, a decrease of 125% compared to the previous year[11] - Investment income dropped by 62% to CNY 11,893,990.46 from CNY 31,062,618.17, impacted by hedging activities[17] - The company reported a significant decrease in cash received from sales of goods and services, totaling 1,290,443,520.61 RMB, down from 1,470,005,889.41 RMB in the first quarter of 2018[49]