DEPPON(SH:603056)2019-04-29 16:00Financial Performance - Operating revenue for the period was ¥5,476,426,737.71, representing a growth of 16.47% year-on-year[12]. - Net profit attributable to shareholders was a loss of ¥49,053,883.31, a decline of 149.14% compared to the previous year[12]. - Basic and diluted earnings per share were both -¥0.05, a decrease of 145.45% compared to the previous year[12]. - The company reported a net profit of -49,053,883.31 RMB for the current quarter, compared to a net profit of 99,830,957.41 RMB in the same quarter last year, indicating a significant decline[43]. - Operating revenue for the current quarter was 77,109,800.55 RMB, down from 99,084,943.89 RMB in the previous year, representing a decrease of approximately 22.2%[45]. - The total profit for the current quarter was -70,916,657.95 RMB, compared to 130,933,516.67 RMB in the same quarter last year, reflecting a substantial drop[43]. - The company's operating profit was -72,071,399.62 RMB, a decrease from 130,153,597.91 RMB in the previous year, indicating a negative shift in operational performance[43]. - The company reported a total comprehensive income of -49,053,883.31 RMB for the current quarter, compared to 100,967,209.32 RMB in the same quarter last year[45]. Cash Flow - Net cash flow from operating activities was negative at ¥234,761,995.16, a decrease of 230.82% year-on-year[12]. - Cash inflow from operating activities for Q1 2019 was CNY 6,103,953,668.63, an increase of 14.74% compared to CNY 5,319,009,861.18 in Q1 2018[52]. - Cash outflow from operating activities for Q1 2019 was CNY 6,338,715,663.79, up from CNY 5,139,554,969.85 in Q1 2018, resulting in a net cash flow from operating activities of -CNY 234,761,995.16[52]. - Total cash inflow from investing activities for Q1 2019 was CNY 4,839,357,129.77, compared to CNY 4,447,965,814.73 in Q1 2018, marking an increase of 8.77%[54]. - Cash outflow from investing activities for Q1 2019 was CNY 6,116,896,701.81, significantly higher than CNY 4,631,561,778.70 in Q1 2018, leading to a net cash flow from investing activities of -CNY 1,277,539,572.04[54]. - Cash inflow from financing activities for Q1 2019 was CNY 1,483,977,055.00, slightly up from CNY 1,476,836,943.22 in Q1 2018[54]. - Net cash flow from financing activities for Q1 2019 was CNY 860,796,763.30, compared to CNY 924,479,350.37 in Q1 2018, indicating a decrease of 6.9%[54]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,491,273,523.65, an increase of 3.29% compared to the end of the previous year[12]. - Current liabilities totaled ¥4,263,109,307.69, up from ¥3,998,987,295.45, indicating a rise in short-term financial obligations[29]. - Total liabilities rose to CNY 3,321,396,770.76 in Q1 2019, compared to CNY 2,605,012,912.21 at the end of 2018, marking an increase of 25.5%[38]. - Total current assets amounted to RMB 5,287,833,687.04, with cash and cash equivalents at RMB 2,756,415,440.90[62]. - Total non-current assets were RMB 2,932,970,743.59, contributing to total assets of RMB 8,220,804,430.63[65]. - Total current liabilities were RMB 3,998,987,295.45, including short-term borrowings of RMB 1,000,671,190.00[65]. - Total liabilities amounted to RMB 4,193,545,555.26, with non-current liabilities at RMB 194,558,259.81[66]. Shareholder Information - The total number of shareholders at the end of the reporting period was 24,867[15]. - The largest shareholder, Ningbo Meishan Bonded Port Area Debang Investment Holding Co., Ltd., held 71.99% of the shares[15]. - The total equity attributable to shareholders decreased by 1.2% from CNY 4,027,258,875.37 at the end of 2018 to CNY 3,978,204,992.06 by March 31, 2019[30]. Research and Development - R&D expenses decreased by 86.19% to ¥2,767,042.55, indicating a reduction in research investment during the reporting period[21]. - Research and development expenses for Q1 2019 were CNY 2,767,042.55, a decrease of 86.2% compared to CNY 20,030,948.38 in Q1 2018[40]. Investment Performance - Investment income fell by 47.93% to ¥11,301,078.50, due to changes in the structure of financial products[21]. - The company reported an investment income of 7,028,522.04 RMB, down from 9,968,182.25 RMB in the same quarter last year, indicating a decline in investment performance[45].