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科林电气(603050) - 2019 Q1 - 季度财报
KE ElectricKE Electric(SH:603050)2019-04-26 16:00

Financial Performance - Operating revenue increased by 13.70% to CNY 128,584,540.64 year-on-year[6] - Net profit attributable to shareholders decreased by 269.53% to a loss of CNY 7,958,345.67[6] - Basic and diluted earnings per share both dropped by 256.25% to -CNY 0.050[6] - Other income increased by 108.56% to 7,319,711.38 yuan, primarily due to tax refunds received from the previous year[13] - Investment income fell by 82.61% to 380,628.23 yuan, mainly due to a decrease in the purchase of financial products[13] - Operating profit for Q1 2019 was a loss of CNY 8,488,763.70, compared to a profit of CNY 5,411,464.44 in Q1 2018[21] - Net profit for Q1 2019 was a loss of CNY 8,339,034.55, compared to a profit of CNY 4,693,257.73 in Q1 2018[21] - Earnings per share for Q1 2019 was CNY -0.050, down from CNY 0.032 in Q1 2018[22] - Operating profit for Q1 2019 was -¥3,702,984.90, compared to -¥1,288,348.08 in Q1 2018, indicating a worsening of approximately 187.5%[24] - Net profit for Q1 2019 was -¥3,693,345.45, compared to -¥1,281,465.56 in Q1 2018, reflecting an increase in net loss of approximately 188.8%[25] Cash Flow - Net cash flow from operating activities showed a significant decline of 2,304.62%, resulting in a negative cash flow of CNY 104,627,522.05[6] - Cash flow from operating activities showed a significant drop to -104,627,522.05 yuan, a decrease of 2304.62% year-on-year[13] - Cash flow from financing activities improved to 2,816,321.73 yuan, a 124.80% increase compared to the previous year[13] - Cash flow from operating activities for Q1 2019 was -¥104,627,522.05, a significant decline from -¥4,351,095.22 in Q1 2018[26] - Cash inflow from operating activities totaled ¥291,113,469.83 in Q1 2019, up from ¥262,195,432.48 in Q1 2018, representing an increase of approximately 11.0%[25] - Cash outflow from operating activities increased to ¥395,740,991.88 in Q1 2019, compared to ¥266,546,527.70 in Q1 2018, an increase of approximately 48.4%[25] - The net cash flow from operating activities was -$82.42 million, compared to -$39.18 million in the previous year, indicating a decline in operational efficiency[29] - Total cash inflow from operating activities was $246.60 million, up from $132.76 million year-over-year[29] - Cash outflow from operating activities totaled $329.02 million, compared to $171.93 million in the same period last year[29] Assets and Liabilities - Total assets decreased by 3.82% to CNY 1,867,450,354.72 compared to the end of the previous year[6] - Total assets as of March 31, 2019, were 1,867,450,354.72 yuan, down from 1,941,664,814.80 yuan at the end of 2018[15] - The company's cash and cash equivalents decreased to 190,214,214.31 yuan from 357,865,191.94 yuan at the end of 2018, representing a decline of 46.85%[14] - The total liabilities decreased to 822,550,387.67 yuan from 891,155,097.91 yuan, a reduction of 7.7%[16] - Total assets increased from CNY 1,295,223,326.16 in Q4 2018 to CNY 1,302,298,493.60 in Q1 2019[19] - Total liabilities increased from CNY 403,955,655.30 in Q4 2018 to CNY 412,802,754.85 in Q1 2019[19] - Shareholders' equity decreased from CNY 891,267,670.86 in Q4 2018 to CNY 889,495,738.75 in Q1 2019[19] Inventory and Prepaid Accounts - Cash and cash equivalents decreased by 46.85% to CNY 190,214,214.31 due to increased land payments and material procurement[12] - Prepaid accounts increased by 66.64% to CNY 25,437,336.78, primarily due to higher raw material purchases[12] - The company's inventory increased to 382,811,638.12 yuan from 313,055,304.05 yuan, reflecting a rise of 22.3%[14] - Inventory increased from CNY 131,529,162.59 in Q4 2018 to CNY 160,945,792.41 in Q1 2019[18] Other Financial Metrics - The weighted average return on equity decreased by 1.24 percentage points to -0.76%[6] - The company reported an asset impairment loss of -245,000.00 yuan, a significant increase of 865.63% year-on-year[13] - Other current assets surged by 374.16% to CNY 51,861,716.19, mainly from the purchase of bank wealth management products[12] - Total operating costs for Q1 2019 were CNY 144,773,643.95, up from CNY 113,372,769.66 in Q1 2018, representing a 27.7% increase[21]