艾艾精工(603580) - 2019 Q1 - 季度财报

Financial Performance - Operating income decreased by 0.43% to CNY 39,671,805.10 year-on-year[6] - Net profit attributable to shareholders increased by 19.43% to CNY 4,707,500.63 compared to the same period last year[6] - Basic and diluted earnings per share rose by 19.43% to CNY 0.0504[6] - Total operating revenue for Q1 2019 was CNY 39,671,805.10, a decrease of 0.43% compared to CNY 39,843,210.29 in Q1 2018[26] - Net profit for Q1 2019 was CNY 4,674,589.39, slightly down from CNY 4,684,099.83 in Q1 2018[27] - Earnings per share (EPS) for Q1 2019 was CNY 0.0504, compared to CNY 0.0422 in Q1 2018, reflecting a 19.05% increase[28] - The total profit for Q1 2019 was CNY 2,990,176.80, a decrease from CNY 4,414,075.87 in Q1 2018, representing a decline of approximately 32.2%[29] - The net profit for Q1 2019 was CNY 2,707,518.18, down from CNY 3,788,727.46 in Q1 2018, indicating a decrease of about 28.5%[29] Assets and Liabilities - Total assets increased by 1.69% to CNY 446,012,023.43 compared to the end of the previous year[6] - The company's current assets totaled CNY 342,541,469.98, slightly up from CNY 334,775,471.79 at the end of 2018, indicating a growth of approximately 2.3%[17] - Total liabilities decreased to CNY 39,010,962.88 from CNY 44,028,961.95, a reduction of approximately 11.4%[19] - The company's equity increased to CNY 407,001,060.55 from CNY 394,560,744.98, marking a growth of about 3.1%[19] - The non-current assets totaled CNY 103,470,553.45, slightly down from CNY 103,814,235.14, indicating a decrease of about 0.3%[18] - Short-term borrowings decreased to CNY 18,145,680.00 from CNY 18,833,520.00, a decline of approximately 3.7%[18] - Total liabilities decreased to CNY 23,742,048.41 from CNY 30,388,007.23 year-over-year, indicating a reduction in financial obligations[26] Cash Flow - Cash flow from operating activities decreased by 12.82% to CNY 3,264,059.16 compared to the previous year[6] - Cash inflow from operating activities in Q1 2019 was CNY 37,745,524.70, slightly lower than CNY 38,799,918.33 in Q1 2018, reflecting a decrease of approximately 2.7%[32] - The net cash flow from operating activities for Q1 2019 was CNY 3,264,059.16, compared to CNY 3,744,260.27 in Q1 2018, showing a decline of about 12.8%[32] - Cash outflow from investing activities in Q1 2019 totaled CNY 69,758,477.02, significantly higher than CNY 2,993,675.86 in Q1 2018, indicating an increase of approximately 2240.5%[33] - The net cash flow from investing activities for Q1 2019 was -CNY 39,222,586.61, compared to -CNY 2,985,675.86 in Q1 2018, representing a worsening of about 1215.5%[33] - Cash inflow from financing activities in Q1 2019 was CNY 8,000,000.00, compared to CNY 2,215,000.00 in Q1 2018, reflecting an increase of approximately 260.5%[33] - The net cash flow from financing activities for Q1 2019 was CNY 7,257,782.59, up from CNY 1,443,173.02 in Q1 2018, indicating an increase of about 403.5%[33] Shareholder Information - The number of shareholders reached 5,728, with the top two shareholders holding a combined 66.94% of shares[9] Other Income and Expenses - Other income increased significantly by 299.37% to CNY 495,192.72 due to higher government subsidies received[13] - Research and development expenses rose to CNY 1,953,766.60, an increase of 10.18% from CNY 1,773,022.97 in Q1 2018[26] - The company reported a decrease in sales expenses to CNY 4,850,842.37 from CNY 3,997,305.33 in Q1 2018, reflecting a strategic cost management approach[26] - The company experienced a decrease in asset impairment losses to CNY 478,979.42 from CNY 678,460.59 in the previous year, suggesting better asset management[26] - Other income for Q1 2019 was CNY 495,192.72, significantly higher than CNY 123,993.82 in Q1 2018, indicating improved financial performance[26] Cash and Cash Equivalents - Cash and cash equivalents decreased to CNY 162,541,994.43 from CNY 191,824,424.88, representing a decline of about 15.2%[17] - The ending cash and cash equivalents balance for Q1 2019 was CNY 162,541,994.43, down from CNY 230,647,715.87 in Q1 2018, a decrease of approximately 29.5%[33] - The net increase in cash and cash equivalents for Q1 2019 was -$34,183,770.76, compared to -$3,066,124.55 in the previous year[37] - The beginning cash and cash equivalents balance was $61,074,263.71, up from $43,601,070.10 year-over-year[37] - The ending cash and cash equivalents balance decreased to $26,890,492.95 from $40,534,945.55 year-over-year[37]