玉龙股份(601028) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 79,129,813.24, representing a decline of 78.67% year-on-year[12] - Net profit attributable to shareholders was a loss of CNY 7,870,565.55, a decrease of 308.63% compared to the same period last year[12] - Basic earnings per share were CNY -0.0101, a decrease of 302.00% compared to the previous year[12] - The net profit for Q1 2019 was a loss of ¥15,254,782.03, contrasting with a net profit of ¥3,772,504.99 in Q1 2018, marking a decline of 504.1%[46] - The total profit for Q1 2019 was a loss of ¥13,846,947.15, compared to a profit of ¥4,772,325.51 in Q1 2018, indicating a decline of 390.0%[45] - The total comprehensive income for the first quarter of 2019 was -4,190,126.55 CNY, compared to 3,772,504.99 CNY in the same period of 2018[53] Cash Flow - Net cash flow from operating activities was negative CNY 16,565,067.60, a decline of 151.46% year-on-year[12] - The company reported a net cash outflow from operating activities of -16,565,067.60 CNY, a decrease of 48,753,042.72 CNY or 151.46% compared to the previous period, mainly due to increased raw material purchases[24] - Cash inflow from operating activities was 139,991,975.45 CNY, down 44.4% from 251,498,318.57 CNY year-over-year[57] - The net cash flow from operating activities was -16,565,067.60 CNY, a significant decline from 32,187,975.12 CNY in the previous year[57] - Cash inflow from investment activities totaled 766,005,205.48 CNY, while cash outflow was 1,155,749,661.29 CNY, resulting in a net cash flow of -389,744,455.81 CNY[57] - The ending balance of cash and cash equivalents was 1,048,130,348.28 CNY, down from 1,454,439,871.69 CNY at the beginning of the period[59] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,704,675,386.63, a decrease of 4.57% compared to the end of the previous year[12] - The total assets decreased from 2,834,113,135.65 CNY to 2,704,675,386.63 CNY, reflecting a reduction in current assets[32] - The company’s cash and cash equivalents decreased from 1,500,924,426.10 CNY to 1,085,520,819.97 CNY, indicating a significant cash outflow[29] - Total liabilities amounted to CNY 309,812,019.91, a decrease from CNY 423,994,986.91 year-over-year[35] - The company’s total liabilities decreased from 405,983,352.58 CNY to 292,344,313.91 CNY, indicating a reduction in short-term borrowings and payables[32] - Total equity attributable to shareholders was CNY 2,039,274,947.45, down from CNY 2,047,145,513.00 compared to the previous year[35] Shareholder Information - The total number of shareholders at the end of the reporting period was 39,151[18] - The largest shareholder, Lhasa Zhihui Technology Development Co., Ltd., held 50.00% of the shares, with 391,541,858 shares pledged[18] Operational Metrics - Revenue for the period was 79,129,813.24 CNY, down 291,801,440.25 CNY or 78.67% compared to the previous period, primarily due to a reduction in sales scale in the steel pipe business[22] - Operating costs decreased by 262,060,908.67 CNY, a decline of 76.61%, also attributed to the reduced sales scale in the steel pipe business[22] - The company’s management expenses increased by 14,823,791.16 CNY, a rise of 216.64%, mainly due to the impact of management expenses from subsidiaries[22] Investment Income - The company reported an investment income of 2,174,722.15 CNY, reflecting an increase due to higher financial management income[24] - The company reported an investment income of ¥2,174,722.15 for Q1 2019, with no prior year figure available for comparison[45]