博敏电子(603936) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 501,806,479.47, representing an increase of 15.89% year-on-year[5] - Net profit attributable to shareholders was CNY 17,633,896.46, up 11.72% from the same period last year[5] - Basic earnings per share decreased by 11.11% to CNY 0.08[5] - The weighted average return on equity was 0.77%, down 0.81 percentage points from the previous year[5] - Total operating revenue for Q1 2019 was CNY 501,806,479.47, an increase of 15.8% compared to CNY 432,998,646.72 in Q1 2018[23] - Net profit for Q1 2019 reached CNY 17,633,896.46, compared to CNY 15,784,408.26 in Q1 2018, representing an increase of 11.7%[23] - The net profit attributable to the parent company for Q1 2019 was ¥11,571,079.23, down 23.5% from ¥15,156,990.62 in Q1 2018[26] - The total comprehensive income for Q1 2019 was ¥11,571,079.23, a decrease from ¥15,156,990.62 in Q1 2018[27] - The company's operating profit for Q1 2019 was ¥11,940,726.68, down 20.0% from ¥14,928,961.97 in Q1 2018[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,813,616,710.02, a decrease of 0.36% compared to the end of the previous year[5] - Total assets as of March 31, 2019, were CNY 3,321,740,809.76, slightly down from CNY 3,376,712,975.05 at the end of 2018[19] - Total liabilities decreased to CNY 1,062,017,247.27 in Q1 2019 from CNY 1,128,560,491.79 in Q1 2018, a reduction of 5.9%[21] - Shareholders' equity increased to CNY 2,259,723,562.49 in Q1 2019 from CNY 2,248,152,483.26 in Q1 2018, an increase of 0.7%[21] Cash Flow - Net cash flow from operating activities was CNY 12,287,004.32, a decrease of 1.24% compared to the previous year[5] - Net cash flow from investing activities was negative at ¥-184,540,014.71, primarily due to increased fixed asset purchases and external investments[12] - Net cash flow from financing activities increased by 985.09% to ¥150,621,601.49 due to an increase in borrowings[12] - In Q1 2019, the net cash flow from operating activities was -78,535,319.92 RMB, a decrease from 13,197,540.81 RMB in Q1 2018[31] - The total cash outflow from operating activities was 403,428,096.44 RMB, an increase from 378,582,569.12 RMB in Q1 2018[31] - The company incurred a net cash outflow from investing activities of -173,113,627.66 RMB, compared to -6,295,087.43 RMB in Q1 2018, indicating increased investment expenditures[31] - The net increase in cash and cash equivalents was -100,923,190.89 RMB, contrasting with an increase of 2,654,704.79 RMB in Q1 2018[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 18,696[10] - The largest shareholder, Xu Huan, holds 20.68% of the shares, with 39,500,000 shares pledged[10] Expenses - Management expenses increased by 42.60% to ¥22,070,617.41 due to higher consulting service fees and acquisition-related costs[12] - Financial expenses rose by 37.54% to ¥9,487,020.97 as a result of increased interest expenses from bank loans[12] - Research and development expenses for Q1 2019 were CNY 19,664,385.28, down from CNY 23,913,954.32 in Q1 2018, a decrease of 17.7%[23] - The company's financial expenses for Q1 2019 were ¥7,339,475.51, up from ¥3,382,604.73 in Q1 2018, primarily due to increased interest expenses[26] Other Financial Metrics - Non-recurring gains and losses totaled CNY 2,969,228.83 for the period[8] - Revenue from taxes and surcharges increased by 43.64% to ¥3,261,809.87 mainly due to higher value-added tax[12] - Other receivables rose by 102.59% to ¥102,433,501.07 primarily due to increased investment payments[11] - Other non-current assets decreased by 74.40% to ¥23,090,664.49 as prepayments for the purchase of an office building were reclassified to fixed assets[11] - Cash inflows from operating activities in Q1 2019 totaled ¥737,930,366.37, significantly higher than ¥372,352,460.49 in Q1 2018[28] - The other income for Q1 2019 was ¥1,059,374.15, down from ¥2,222,327.62 in Q1 2018[26] - The company reported a decrease in other comprehensive income, with a net amount of -¥1,907,800.67 for Q1 2019 compared to -¥4,116.03 in Q1 2018[24] Future Plans - The company plans to issue A-share convertible bonds, pending approval from the China Securities Regulatory Commission[13]