HMT(SH:603306)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders was ¥54,308,501.36, representing a decrease of 31.14% year-on-year[11] - Operating revenue for the period was ¥217,679,538.96, down 17.27% from the same period last year[11] - Basic and diluted earnings per share were both ¥0.17, down 32.00% year-on-year[11] - The company reported a gross profit margin of approximately 27.0% for Q1 2019, compared to 34.0% in Q1 2018[41] - Net profit for Q1 2019 was RMB 54,308,501.36, a decline of 31.2% from RMB 78,873,438.57 in Q1 2018[45] - Operating profit for Q1 2019 was CNY 68,276,382.79, down from CNY 92,928,507.35 in Q1 2018, representing a decline of 26.67%[51] - Net profit for Q1 2019 was CNY 55,165,355.15, compared to CNY 78,873,438.57 in Q1 2018, reflecting a decrease of 30.23%[51] - The total comprehensive income for Q1 2019 was CNY 55,165,355.15, down from CNY 78,873,438.57 in Q1 2018[51] Cash Flow - The net cash flow from operating activities was ¥84,480,925.28, a decline of 15.31% compared to the previous year[11] - Net cash flow from operating activities decreased by 15.31% to ¥84,480,925.28 from ¥99,752,954.27[18] - Cash flow from operating activities for Q1 2019 was CNY 84,480,925.28, a decrease from CNY 99,752,954.27 in Q1 2018[55] - The total cash inflow from operating activities was CNY 282,756,453.40 in Q1 2019, while cash outflow from operating activities was CNY 187,464,742.82, resulting in a net cash flow of CNY 95,291,710.58[62] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,592,994,573.16, a 0.26% increase compared to the end of the previous year[11] - Total liabilities decreased to RMB 214,316,738.87 in Q1 2019 from RMB 262,581,286.70 in Q1 2018, reflecting a reduction of 18.4%[39] - The company's non-current assets totaled RMB 746,606,168.96, an increase from RMB 737,353,362.19 in the previous year[38] - Total assets as of March 31, 2019, amounted to RMB 2,592,309,739.88, slightly up from RMB 2,582,405,189.94 at the end of 2018[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 11,153[13] - The largest shareholder, Kingsway International Limited, held 37.06% of the shares[13] Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,684,448.16, which are closely related to normal business operations[11] - The company reported a non-operating income of ¥8,032,205.80 for the period[13] Expenses and Costs - Total operating costs for Q1 2019 were RMB 159,665,759.51, down 9.1% from RMB 175,570,171.71 in Q1 2018[41] - Research and development expenses for Q1 2019 were RMB 8,804,558.29, slightly down from RMB 8,874,113.11 in Q1 2018[45] - The company incurred research and development expenses of CNY 8,804,558.29 in Q1 2019, slightly down from CNY 8,874,113.11 in Q1 2018[49] Cash and Cash Equivalents - The cash and cash equivalents as of March 31, 2019, were RMB 461,443.43, a significant decrease from RMB 1,309,339.38 at the end of 2018[38] - Total cash and cash equivalents at the end of Q1 2019 stood at CNY 456,921,433.73, down from CNY 1,064,931,257.73 at the end of Q1 2018, representing a decline of approximately 57.0%[62] Changes in Financial Position - Other comprehensive income showed a significant decrease of 638.41% to -¥420,854.65 from ¥78,165.89, mainly due to foreign currency translation differences[18] - The impact of exchange rate changes on cash and cash equivalents was -CNY 240,880.31 in Q1 2019, compared to a positive impact of CNY 185,494.42 in Q1 2018[62]