上工B股(900924) - 2019 Q1 - 季度财报

Financial Performance - Operating revenue rose by 14.98% to CNY 806,402,508.96 year-on-year[5] - Net profit attributable to shareholders decreased by 24.97% to CNY 34,133,771.60 compared to the same period last year[5] - Basic earnings per share decreased by 24.97% to CNY 0.0622[5] - Operating profit declined by 33.19%, totaling 43,813,213.74 RMB, influenced by changes in product structure and a decrease in gross margin[12] - Total operating revenue for Q1 2019 was RMB 806,402,508.96, an increase of 14.97% compared to RMB 701,350,250.94 in Q1 2018[24] - Net profit for Q1 2019 was RMB 34,346,513.42, a decrease of 32.0% from RMB 50,529,695.46 in Q1 2018[24] - Total profit for Q1 2019 was RMB 43,593,739.52, down from RMB 68,077,736.04 in Q1 2018, representing a decline of 35.9%[24] Cash Flow - Net cash flow from operating activities was negative at CNY -104,148,009.08, a significant decline from CNY -21,967,006.01 in the previous year[5] - In Q1 2019, the company reported a net cash flow from operating activities of -104,148,009.08 RMB, compared to -21,967,006.01 RMB in Q1 2018, indicating a significant decline in operational cash flow[30] - Total cash inflow from operating activities was 837,637,593.74 RMB, while cash outflow was 941,785,602.82 RMB, resulting in a net cash outflow of 104,148,009.08 RMB[30] - Cash inflow from financing activities totaled 226,147,733.00 RMB, with a net cash flow of 40,910,245.54 RMB after accounting for cash outflows of 185,237,487.46 RMB[32] Assets and Liabilities - Total assets increased by 0.49% to CNY 4,164,362,278.49 compared to the end of the previous year[5] - The total liabilities of the company amounted to CNY 1,581,023,186.57, a decrease from CNY 1,632,171,494.44 at the end of 2018, representing a reduction of approximately 3.1%[19] - The total equity attributable to shareholders increased to CNY 2,274,725,407.47 from CNY 2,212,858,250.06, reflecting a growth of about 2.8%[19] - The company's total current liabilities increased to CNY 428,074,370.44 from CNY 315,822,723.93, representing a rise of approximately 35.5%[22] - The company's total cash inflow from investment activities included 181,690,894.40 RMB from recovering investments, up from 152,989,774.37 RMB in Q1 2018[33] Shareholder Information - The number of shareholders reached 55,234 at the end of the reporting period[8] - The total equity of the parent company reached CNY 1,530,132,800.22, up from CNY 1,457,821,253.27, showing an increase of about 4.9%[22] Government Support and Other Income - The company received government subsidies amounting to CNY 1,978,576.80, closely related to its normal business operations[6] - Other income rose by 64.23%, amounting to 2,630,104.71 RMB, primarily due to increased government subsidies and software tax refunds[12] Financial Instruments and Impairment - The company reported a significant increase in trading financial assets, amounting to CNY 95,861,184.10, due to the implementation of new financial instrument standards[10] - The company's asset impairment losses increased by 799,718.24 RMB, resulting in a significant change compared to the previous year[12] - The company adopted a new expected loss model for financial asset impairment, enhancing credit risk management[42] - The company has classified financial assets into three categories based on business model and cash flow characteristics[42] - The company has implemented new financial instrument accounting standards, which are not expected to have a significant impact on financial statements[42]