音飞储存(603066) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 138,111,432.60, representing a year-on-year increase of 35.60%[6] - Net profit attributable to shareholders of the listed company was CNY 14,386,933.46, up 21.75% from the same period last year[6] - The net profit after deducting non-recurring gains and losses was CNY 12,909,633.39, an increase of 38.49% year-on-year[6] - Basic earnings per share rose to CNY 0.0478, a 22.56% increase compared to the previous year[6] - Total revenue for Q1 2019 reached ¥138,111,432.60, a 35.3% increase from ¥101,850,801.15 in Q1 2018[20] - Operating profit for Q1 2019 was ¥16,470,810.12, up 23.5% from ¥13,349,693.14 in Q1 2018[21] - Net profit for Q1 2019 was ¥14,144,197.19, representing a 20.5% increase compared to ¥11,736,552.21 in Q1 2018[21] - Basic and diluted earnings per share for Q1 2019 were both ¥0.0478, an increase from ¥0.039 in Q1 2018[22] - The company reported a total comprehensive income of ¥14,866,887.54, compared to ¥14,242,412.85 in Q1 2018, indicating a year-over-year increase of approximately 4.4%[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,266,549,896.77, a decrease of 0.62% compared to the end of the previous year[6] - The company's total assets as of March 31, 2019, were CNY 1,266,549,896.77, a slight decrease from CNY 1,274,445,163.60 at the end of 2018[17] - Total liabilities as of March 31, 2019, were CNY 309,292,939.92, down from CNY 330,038,088.65, indicating a decrease of about 6.3%[17] - Total current assets amounted to CNY 1,026,850,225.36, with cash and cash equivalents at CNY 337,969,228.39 and accounts receivable at CNY 238,655,103.87[30] - Total liabilities reached CNY 330,038,088.65, with current liabilities accounting for CNY 319,904,999.36[32] - Total assets amounted to $1,243,664,545.22, with non-current assets totaling $339,054,247.87[35] - Total liabilities reached $343,327,171.09, with current liabilities accounting for $335,950,255.34[36] Shareholder Equity - Net assets attributable to shareholders of the listed company increased by 1.39% to CNY 953,808,843.16[6] - The total equity attributable to shareholders increased to CNY 953,808,843.16 from CNY 940,716,224.99, reflecting a growth of approximately 1.2%[17] - Owner's equity increased to ¥915,204,261.67 in Q1 2019, up from ¥900,337,374.13 in Q1 2018[20] - The total equity attributable to shareholders was CNY 940,716,224.99, reflecting a strong equity position[33] - The company’s total equity, including minority interests, was CNY 944,407,074.95, showcasing a solid capital structure[33] Cash Flow and Management - Cash inflows from operating activities totaled ¥98,113,683.63 in Q1 2019, down 32.9% from ¥146,146,565.23 in Q1 2018[26] - The net cash flow from operating activities was -¥47,994,690.07 in Q1 2019, an improvement from -¥67,864,210.09 in Q1 2018, reflecting a reduction in cash outflow by approximately 29.3%[26] - The company experienced a net decrease in cash and cash equivalents of -¥156,318,182.72 in Q1 2019, compared to -¥287,282,935.20 in Q1 2018, showing a significant improvement in cash management[27] - The ending balance of cash and cash equivalents was ¥176,370,768.11 in Q1 2019, compared to ¥111,547,188.64 in Q1 2018, representing an increase of approximately 58.1%[27] Government Support and Expenses - The company received government subsidies amounting to CNY 770,040.93 related to its normal business operations[7] - Research and development expenses for Q1 2019 were ¥5,664,116.97, compared to ¥5,113,969.02 in Q1 2018, indicating a focus on innovation[20] - The company reported a total operating cost of ¥123,972,681.33 in Q1 2019, which is a 30.8% increase from ¥94,750,026.94 in Q1 2018[20] - Other income for Q1 2019 was ¥770,040.93, an increase from ¥474,514.54 in Q1 2018, reflecting improved financial performance[20] - The company received tax refunds of ¥3,246,278.34 in Q1 2019, an increase from ¥2,422,164.15 in Q1 2018, reflecting a year-over-year growth of 34.0%[26] Strategic Decisions - The company terminated the plan to issue shares and pay cash for asset acquisition due to significant changes in the macroeconomic environment and capital market conditions[10] - The company reported a decrease in short-term borrowings, which were not specified in the provided data, indicating a potential strategy to reduce leverage[17]