三星新材(603578) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 8.46% to CNY 15,808,983.78 year-on-year[7] - Operating revenue rose by 12.84% to CNY 96,822,964.02 compared to the same period last year[7] - Basic and diluted earnings per share both decreased by 10% to CNY 0.18[7] - Net profit for Q1 2019 was CNY 15,808,983.78, a decrease of 8.4% from CNY 17,269,922.33 in Q1 2018[28] - Operating profit for Q1 2019 was CNY 17,609,024.55, a decrease of 11.0% from CNY 19,801,182.68 in Q1 2018[31] - Net profit for Q1 2019 was CNY 15,664,916.64, down 11.5% from CNY 17,700,801.71 in Q1 2018[31] Assets and Liabilities - Total assets increased by 1.93% to CNY 647,532,752.42 compared to the end of the previous year[7] - The total assets as of March 31, 2019, amounted to CNY 650,449,700.61, an increase from CNY 637,753,156.51 at the end of 2018[24] - The total liabilities decreased to CNY 89,148,837.16 from CNY 95,559,320.20, reflecting a reduction in short-term borrowings[20] - Total liabilities as of March 31, 2019, were CNY 89,299,580.26, down from CNY 95,135,652.80 at the end of 2018[24] - Shareholders' equity as of March 31, 2019, was CNY 561,150,120.35, an increase from CNY 542,617,503.71 at the end of 2018[24] Cash Flow - Net cash flow from operating activities improved significantly to CNY 61,505,205.85, compared to a negative CNY 16,262,823.25 in the previous year[7] - Cash flow from operating activities for Q1 2019 was CNY 61,505,205.85, a significant improvement from a negative cash flow of CNY 16,262,823.25 in Q1 2018[34] - The company reported a net cash outflow from investment activities of CNY 12,179,188.91 in Q1 2019, contrasting with a net inflow of CNY 182,255,859.08 in Q1 2018[34] - The net cash flow from financing activities in Q1 2019 was ¥4,889,800.00, compared to cash outflow of ¥15,110,200.00 in Q1 2018, showing a positive shift in financing strategy[37] Accounts Receivable and Inventory - Accounts receivable increased by 51.91% to CNY 148,311,372.47, attributed to increased operating revenue[13] - Accounts receivable decreased to CNY 232,374,368.37 from CNY 261,914,510.16 year-over-year[23] - The company's inventory decreased to ¥35,867,884.99 from ¥46,539,202.58, suggesting better inventory management[18] - Inventory as of March 31, 2019, was CNY 35,553,569.26, down from CNY 46,085,851.85 at the end of 2018[23] Expenses - The company's management expenses rose by 145.59% to ¥5,242,882.40, primarily due to increased equity incentive expenses[19] - Research and development expenses for Q1 2019 were CNY 3,646,911.75, compared to CNY 3,020,178.20 in Q1 2018, indicating a 20.8% increase[27] - The company incurred sales expenses of CNY 3,733,845.95 in Q1 2019, slightly up from CNY 3,533,421.85 in Q1 2018[31] Government Subsidies and Other Income - Government subsidies recognized in the current period amounted to CNY 182,160.20, contributing to non-operating income[9] Shareholder Information - The total number of shareholders reached 11,009, with the top ten shareholders holding a significant portion of shares[10]