Hotata(SH:603848)2019-04-29 16:00Financial Performance - Total assets decreased by 6.97% to RMB 1,516,344,578.54 compared to the end of the previous year[12] - Net profit attributable to shareholders increased by 6.37% to RMB 50,700,708.42 year-over-year[12] - Revenue increased slightly by 0.27% to RMB 264,036,475.07 year-over-year[12] - Basic earnings per share increased by 8.33% to RMB 0.13 compared to the same period last year[12] - The company's weighted average return on equity decreased by 0.43 percentage points to 3.86%[12] - Total revenue for Q1 2019 was RMB 264.04 million, a slight increase from RMB 263.33 million in Q1 2018[40] - Net profit for Q1 2019 was RMB 50.70 million, up from RMB 47.66 million in Q1 2018[40] - Operating profit for Q1 2019 was RMB 62.46 million, compared to RMB 54.97 million in Q1 2018[40] - Revenue for Q1 2019 was RMB 217.74 million, a decrease of 11.2% compared to RMB 245.19 million in Q1 2018[46] - Net profit for Q1 2019 was RMB 47.56 million, slightly up from RMB 47.50 million in Q1 2018[46] - Operating profit for Q1 2019 was RMB 55.91 million, an increase of 4.0% compared to RMB 53.78 million in Q1 2018[46] - Basic and diluted earnings per share for Q1 2019 were RMB 0.13, up from RMB 0.12 in Q1 2018[42] - Sales revenue from goods and services in Q1 2019 was RMB 214.49 million, a 27.7% increase compared to RMB 167.92 million in Q1 2018[48] Cash Flow and Liquidity - Operating cash flow decreased by 38.26% to RMB -136,543,332.49 compared to the same period last year[12] - Cash and cash equivalents decreased by 54.88% compared to the end of the previous year, primarily due to the purchase of financial products[19] - Net cash flow from operating activities decreased by 38.26% year-on-year, primarily due to higher payments to suppliers and other operating-related expenses[20] - Net cash flow from investing activities decreased by 572.47% year-on-year, with a net outflow of -3,924,740.05 yuan, compared to a net inflow of 830,685.16 yuan in the same period last year[20] - Cash flow from operating activities in Q1 2019 was negative RMB 136.54 million, compared to negative RMB 98.76 million in Q1 2018[48] - Cash received from tax refunds in Q1 2019 was RMB 163,416.51, compared to none in Q1 2018[48] - Cash received from investment recovery was RMB 200,000,000[50] - Cash received from investment income was RMB 3,558,149.46, a decrease of 49.7% compared to the previous year[50] - Net cash outflow from investment activities was RMB 3,924,740.05[50] - Net cash outflow from operating activities was RMB 142,395,552.15, an improvement of 15.5% compared to the previous year[54] - Cash received from sales of goods and services was RMB 147,693,448.78, an increase of 62.2% compared to the previous year[54] - Net cash inflow from financing activities was RMB 105,000,000[54] - Net cash outflow from investment activities was RMB 2,191,531.61[54] - Net cash outflow from cash and cash equivalents was RMB 39,587,083.76[54] - Ending cash and cash equivalents balance was RMB 899,624,145.63[54] Assets and Liabilities - Total assets amounted to 1,516,344,578.54 yuan as of March 31, 2019, compared to 1,630,018,839.42 yuan at the end of 2018[24] - Total liabilities decreased to 176,133,959.09 yuan as of March 31, 2019, from 340,434,718.31 yuan at the end of 2018[28] - Total assets as of Q1 2019 were RMB 1.56 billion, a slight decrease from RMB 1.59 billion in the previous quarter[34][37] - Total liabilities as of Q1 2019 were RMB 231.81 million, down from RMB 311.73 million in the previous quarter[37] - Accounts receivable increased to RMB 39.13 million in Q1 2019 from RMB 11.20 million in the previous quarter[34] - Inventory decreased to RMB 36.17 million in Q1 2019 from RMB 61.17 million in the previous quarter[34] - Total equity as of Q1 2019 was RMB 1.33 billion, up from RMB 1.28 billion in the previous quarter[37] - Accounts receivable increased by 186.29% compared to the end of the previous year, driven by the addition of new engineering projects during the reporting period[19] - Prepaid expenses surged by 359.21% compared to the end of the previous year, mainly due to advance payments to new suppliers and deposits[19] - Inventory decreased by 34.47% compared to the end of the previous year, influenced by seasonal industry factors[19] - Other current assets grew by 118.90% compared to the end of the previous year, primarily due to unredeemed financial products[19] Expenses and Costs - R&D expenses for Q1 2019 were RMB 8.59 million, up from RMB 8.00 million in Q1 2018[40] - Sales expenses for Q1 2019 were RMB 42.85 million, compared to RMB 36.55 million in Q1 2018[40] - R&D expenses in Q1 2019 were RMB 7.89 million, a slight decrease from RMB 8.00 million in Q1 2018[46] - Sales expenses in Q1 2019 were RMB 13.12 million, a decrease of 19.3% compared to RMB 16.25 million in Q1 2018[46] - Management expenses in Q1 2019 were RMB 10.93 million, an increase of 27.0% compared to RMB 8.60 million in Q1 2018[46] - Asset impairment losses increased by 2940.25% year-on-year, mainly due to provisions for bad debts and inventory write-downs[20] Shareholder and Ownership Information - The company's largest shareholder, Shen Hanbiao, holds 54.21% of the shares, totaling 217,395,000 shares[14] - The total number of shareholders at the end of the reporting period was 10,396[14] Non-Recurring Items and Subsidies - Government subsidies recognized in current profits amounted to RMB 1,235,210.08[14] - The company's non-recurring gains and losses totaled RMB 8,471,332.86[14]