苏州科达(603660) - 2019 Q1 - 季度财报

Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, increased by 36.09% compared to the same period last year, reaching CNY 48,671,931.34[5] - The net profit attributable to shareholders for the period was CNY 50,172,559.39, which is a 27.97% increase compared to the same period last year[5] - Operating revenue for the period was CNY 566,443,149.24, representing a growth of 20.72% year-on-year[5] - The company reported a net profit increase, with retained earnings rising to ¥1,124,248,203.37 from ¥1,074,075,643.98, an increase of about 4.67%[21] - Net profit for Q1 2019 reached ¥50,158,766.83, representing a 28.5% increase from ¥39,025,374.14 in Q1 2018[29] - Total profit for Q1 2019 was ¥48,388,611.77, up from ¥42,686,960.39 in Q1 2018, reflecting a growth of 13.5%[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 2,644,334,522.09, reflecting a 2.38% increase from the end of the previous year[5] - Total assets increased to ¥2,644,334,522.09, up from ¥2,582,859,842.03, representing a growth of approximately 2.38% year-over-year[21] - Total liabilities amounted to ¥793,731,996.13, down from ¥826,387,865.25, indicating a decrease of around 3.94%[21] - Current liabilities decreased to ¥662,838,125.86 from ¥727,936,784.01, a reduction of approximately 8.93%[21] - Total liabilities reached ¥826,387,865.25, with current liabilities at ¥727,936,784.01 and non-current liabilities at ¥98,451,081.24[42] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash flow of CNY -31,106,066.91, compared to CNY -71,730,725.51 in the previous year[5] - Cash received from sales of goods and services increased by 40.78%, indicating improved collection performance during the reporting period[10] - Cash inflow from operating activities in Q1 2019 was ¥678,747,081.44, compared to ¥510,860,627.92 in Q1 2018, an increase of 32.9%[35] - The cash flow from operating activities included ¥368,957,793.42 for purchases and services in Q1 2019, a decrease from ¥396,032,407.61 in Q1 2018, suggesting improved cost management[38] - The net increase in cash and cash equivalents for Q1 2019 was ¥82,235,405.24, contrasting with a net decrease of ¥58,138,673.11 in Q1 2018, highlighting a positive cash flow trend[37] Expenses - Sales expenses increased by 39.60% due to an increase in the number of sales personnel compared to the same period last year[10] - Financial expenses rose by 97.62%, primarily due to significant fluctuations in the USD exchange rate during the reporting period[10] - Research and development expenses rose by 44.09%, reflecting an increase in R&D personnel compared to the previous year[12] - Research and development expenses for Q1 2019 totaled ¥155,114,854.21, up from ¥116,370,254.89 in Q1 2018, marking a 33.33% increase[28] Investments - Investment income surged by 216.4%, attributed to an increase in the redemption of financial products compared to the same period last year[10] - The company reported an investment income of ¥776,255.86 in Q1 2019, significantly higher than ¥245,343.49 in Q1 2018, representing a growth of 216.5%[28] - Investment income cash receipts increased by 145.00%, due to higher returns from financial products compared to the previous year[13] Equity - Shareholders' equity rose to ¥1,850,602,525.96 from ¥1,756,471,976.78, marking an increase of about 5.36%[21] - Owner's equity reached approximately $760.68 million, with paid-in capital at $360.09 million and retained earnings of $101.22 million[48] Other Financial Metrics - The weighted average return on equity increased by 0.09 percentage points to 2.86%[5] - Basic earnings per share for Q1 2019 was ¥0.1421, a decrease from ¥0.1568 in Q1 2018[29] - The company’s total cash inflow from financing activities was significantly lower in Q1 2019, with a total of ¥33,000,000.00 compared to ¥126,528,030.00 in the same period last year, indicating a strategic shift in financing approach[39]