长城科技(603897) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 1,148,973,079.28, representing a 3.16% increase year-on-year[6] - Net profit attributable to shareholders decreased by 13.21% to CNY 36,263,396.33 compared to the same period last year[6] - Basic earnings per share fell by 35.48% to CNY 0.20[6] - The company reported a total profit of CNY 43,442,718.95 for Q1 2019, down 17.9% from CNY 52,916,780.67 in Q1 2018[26] - Operating profit for Q1 2019 was CNY 43,443,468.95, slightly lower than CNY 44,501,749.67 in Q1 2018, a decrease of 2.4%[26] - Financial expenses rose to CNY 6,639,893.04 in Q1 2019, compared to CNY 4,442,062.68 in Q1 2018, an increase of 49.5%[26] - The company experienced an asset impairment loss of CNY 3,740,791.74 in Q1 2019, up from CNY 1,223,531.32 in Q1 2018, indicating a rise of 205.5%[26] Cash Flow - Cash flow from operating activities improved significantly to CNY 25,587,374.02, compared to a loss of CNY 560,731,819.38 in the same period last year[6] - The net cash flow from operating activities for Q1 2019 was ¥22,152,545.80, recovering from a negative cash flow of ¥560,731,819.38 in Q1 2018[36] - The net cash flow from financing activities increased by 65.62% to ¥570,014,550.35 due to the issuance of convertible bonds[13] - The cash flow from financing activities included cash received from bond issuance amounting to ¥621,289,245.28 in Q1 2019, with no equivalent in Q1 2018[36] - The company reported a net cash flow from investment activities of -¥687,535,133.17 in Q1 2019, compared to -¥5,347,270.22 in Q1 2018, indicating increased investment outflows[36] Assets and Liabilities - Total assets increased by 33.67% to CNY 2,518,471,356.33 compared to the end of the previous year[6] - The company’s total current assets reached ¥2,191,222,409.26, up from ¥1,591,069,185.27, reflecting overall growth[18] - Total liabilities rose to ¥692,072,196.90, up from ¥203,081,786.90, indicating a significant increase of around 240.5%[20] - Current liabilities decreased to ¥160,807,754.69 from ¥189,419,607.56, a reduction of approximately 15.1%[20] - Owner's equity increased to ¥1,826,399,159.43 from ¥1,681,037,157.97, marking a growth of about 8.7%[20] Shareholder Information - The total number of shareholders reached 21,652 by the end of the reporting period[9] - The largest shareholder, Zhejiang Great Wall Electronic Technology Group Co., Ltd., held 45.82% of the shares[9] Research and Development - Research and development expenses rose by 35.13% to ¥25,291,312.05 as the company intensified its innovation efforts[13] - Research and development expenses increased to CNY 25,291,312.05 in Q1 2019, up 35.0% from CNY 18,715,750.44 in Q1 2018[26] Financial Instruments and Standards - The company executed adjustments related to financial instruments under new accounting standards, impacting the reporting of financial liabilities[40] - The company adopted new financial instrument standards effective January 1, 2019, impacting the reporting of financial liabilities[44]