国华网安(000004) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥106,952,791.02, representing a 41.47% increase compared to ¥75,602,890.00 in the same period last year[9] - Net profit attributable to shareholders was ¥5,350,063.36, a significant increase of 159.65% from ¥2,060,512.89 year-on-year[9] - The net profit after deducting non-recurring gains and losses was -¥4,522,062.72, reflecting a decrease of 1,628.30% compared to ¥295,887.89 in the previous year[9] - Total operating revenue for Q1 2019 was CNY 106,952,791.02, an increase of 41.5% compared to CNY 75,602,890.00 in the same period last year[41] - Net profit for Q1 2019 reached CNY 4,785,998.10, compared to CNY 3,181,766.86 in Q1 2018, representing a year-over-year increase of 50.4%[42] - The company reported a profit before tax of CNY 15,694,525.16, significantly higher than CNY 3,621,430.97 in the previous year[42] - The total profit for the period was CNY 43,634,108.23, compared to CNY 2,415,052.69 in the previous year, indicating a substantial increase[44] Cash Flow and Assets - The company's cash flow from operating activities decreased by 55.31%, amounting to ¥3,965,950.76, down from ¥8,873,481.71 in the previous year[9] - As of March 31, 2019, cash and cash equivalents increased to ¥83,995,883.48 from ¥49,003,296.32 as of December 31, 2018, representing a growth of 71.5%[31] - Total current assets decreased significantly to ¥116,221,084.17 from ¥301,566,235.23, a decline of 61.4%[32] - Total assets at the end of the reporting period were ¥161,331,508.35, a decrease of 54.06% from ¥351,177,470.17 at the end of the previous year[9] - The ending cash and cash equivalents balance was CNY 83,995,883.48, a decrease from CNY 135,469,746.97 at the end of the previous period[50] - The net increase in cash and cash equivalents for the first quarter was approximately CNY 35.48 million, compared to a decrease of CNY 1.04 million in the same period last year[54] Investments and Acquisitions - The company completed the sale of a 50% stake in Shandong Huatai, resulting in a significant investment income increase of 3,304.72% during the reporting period[17] - The company plans to acquire control of Beijing Zhiyou Network Security Technology Co., Ltd. through a share issuance, with the stock resuming trading on April 10, 2019[19] - The company announced plans to acquire controlling interest in Beijing Zhiyou Network Security Technology Co., Ltd. through a share issuance[21] - The company reported investment income of CNY 17,460,246.45, a significant increase from CNY 512,824.87 in the same period last year[42] Expenses and Liabilities - The company's management expenses increased by 75.93%, primarily due to the business development of its subsidiary, Guangzhou Guoke Huyu Network Technology Co., Ltd.[17] - Total liabilities decreased to ¥26,423,841.37 from ¥167,850,868.44, a decrease of 84.3%[34] - Total liabilities decreased to CNY 25,765,960.77 from CNY 53,859,150.79, indicating improved financial health[39] - Research and development expenses for Q1 2019 were CNY 1,017,599.91, down from CNY 1,750,097.98 in the previous year, suggesting a potential shift in investment strategy[42] Shareholder Equity - The weighted average return on equity increased to 4.78%, up by 3.20 percentage points from 1.58% in the previous year[9] - The company's equity attributable to shareholders increased to ¥114,585,839.08 from ¥109,235,775.72, a growth of 4.1%[34] - The company's total equity increased to CNY 120,988,114.44, up from CNY 88,262,533.27, reflecting strong retained earnings[39] Other Information - The company reported no overdue commitments from major shareholders or related parties during the reporting period[22] - There were no securities or derivative investments reported during the period[23] - The company did not undergo an audit for the first quarter report[55]