SMTC(SH:900927)2019-04-26 16:00Financial Performance - Operating revenue for the current period was ¥1,285,283,125.89, representing a decrease of 29.05% year-on-year[6] - Net profit attributable to shareholders of the listed company was ¥14,756,684.98, an increase of 13.11% compared to the same period last year[6] - Basic earnings per share increased by 8.26% to ¥0.0354[6] - The company reported a net profit of ¥17,539,278.87 attributable to shareholders for the current period, an increase of 8.11% year-on-year[6] - The operating cost for the same period was ¥1,191,083,839.22, reflecting a 30.81% decline year-over-year due to reduced sales[14] - The company's operating revenue for Q1 2019 was ¥1,285,283,125.89, a decrease of 29.05% compared to the same period last year[14] - Net profit for Q1 2019 was CNY 20,958,274.97, an increase of 13.4% from CNY 18,480,267.50 in Q1 2018[27] - Operating profit for Q1 2019 was CNY 2,196,533.43, a decrease of approximately 30.9% from CNY 3,186,146.34 in Q1 2018[30] - Net profit for Q1 2019 was CNY 2,196,533.46, down from CNY 3,186,146.34 in Q1 2018, reflecting a decline of about 30.9%[29] Cash Flow and Liquidity - Cash flow from operating activities decreased by 50.86% to ¥30,356,173.69 compared to the previous year[6] - The company's cash and cash equivalents increased to ¥340,859,478.92 from ¥302,299,526.98, reflecting improved liquidity[18] - Cash flow from operating activities for Q1 2019 was CNY 30,356,173.69, a decrease of approximately 51.0% compared to CNY 61,773,158.48 in Q1 2018[31] - Cash and cash equivalents at the end of Q1 2019 totaled CNY 225,446,468.91, down from CNY 511,282,308.52 at the end of Q1 2018, representing a decline of about 56.0%[32] - The company's cash and cash equivalents at the end of Q1 2019 stood at 37,999,246.18 RMB, compared to 30,343,379.45 RMB at the end of Q1 2018, representing an increase of approximately 25.3%[34] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,731,338,958.89, an increase of 1.21% compared to the end of the previous year[6] - The total liabilities decreased slightly to ¥1,045,911,059.15 from ¥1,048,697,459.67, indicating improved financial stability[20] - The total assets as of March 31, 2019, were ¥1,731,338,958.89, compared to ¥1,710,700,769.15 at the end of the previous year[20] - Total liabilities as of March 31, 2019, were CNY 304,014,161.95, compared to CNY 300,594,993.06 at the end of 2018[24] - The company's equity increased to CNY 518,320,838.47 from CNY 513,746,785.32 at the end of 2018[25] - The total liabilities of the company as of Q1 2019 amounted to 1,048,697,459.67 RMB, remaining stable compared to the previous year[37] - The company's total assets were reported at 1,710,700,769.15 RMB, indicating no change from the previous year[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 50,297, with 35,560 holding A shares and 14,737 holding B shares[12] - The largest shareholder, Bailian Group Co., Ltd., held 48.10% of the shares, totaling 238,575,962 shares[12] Non-Recurring Items and Other Income - Non-recurring gains and losses totaled ¥2,782,593.89 for the current period[10] - The company reported a significant increase in non-operating income, reaching ¥808,029.72, up 525.98% due to increased government subsidies[14] - Investment income for Q1 2019 was CNY 7,641,843.58, up from CNY 5,900,368.58 in Q1 2018[27] - Other comprehensive income after tax for Q1 2019 was CNY 2,466,315.29, compared to a loss of CNY 606,090.65 in Q1 2018[27] - Other comprehensive income after tax for Q1 2019 was CNY 2,377,519.69, compared to a loss of CNY 655,867.50 in Q1 2018, indicating a significant turnaround[29] Inventory and Receivables - The accounts receivable decreased to ¥104,052,866.58 from ¥116,897,037.94, indicating a reduction in credit sales[18] - The company reported a total of 432,878,204.22 RMB in inventory, which is crucial for assessing the company's operational efficiency[36]