ST星源(000005) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥83,719,268.04, a decrease of 44.98% compared to ¥152,150,698.33 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥17,751,127.36, representing a decline of 209.93% from a profit of ¥16,147,325.96 in the previous year[8]. - The company reported a net loss of CNY 314,748,285.53 in retained earnings, compared to a loss of CNY 296,997,158.17 at the end of 2018[31]. - Net loss for Q1 2019 was ¥17,959,877.54, compared to a net profit of ¥15,951,538.55 in Q1 2018, indicating a significant decline in profitability[39]. - The total comprehensive loss for Q1 2019 was ¥17,959,877.54, compared to a comprehensive income of ¥15,951,538.55 in Q1 2018[40]. - Basic and diluted earnings per share for Q1 2019 were both -¥0.0168, compared to ¥0.0153 in the same quarter last year[40]. - The total comprehensive income for the first quarter was -11,223,363.79 CNY, compared to 27,871,716.22 CNY in the previous period[44]. - Basic and diluted earnings per share were both -0.0106 CNY, down from 0.0263 CNY in the same period last year[44]. Cash Flow - The net cash flow from operating activities increased significantly to ¥70,477,020.08, up 2,327.01% from ¥2,903,859.55 in the same period last year[8]. - Cash inflow from operating activities totaled 219,024,914.17 CNY, a decrease from 256,300,302.56 CNY in the previous year[47]. - The company received 86,978,799.64 CNY from other operating activities, up from 63,106,829.21 CNY last year[47]. - The company paid 107,538,842.17 CNY for goods and services, compared to 75,972,339.56 CNY in the previous period[47]. - Cash inflow from investment activities was 120,000,000.00 CNY, with a net cash flow from investment activities of 119,997,150.00 CNY, compared to -775,306.93 CNY last year[48]. - Cash inflow from financing activities was 195,000,000.00 CNY, down from 276,500,000.00 CNY in the previous year[48]. - The net cash flow from financing activities was -171,686,988.70 CNY, compared to 333,322.69 CNY in the same period last year[48]. - The ending balance of cash and cash equivalents was 53,988,751.53 CNY, an increase from 51,867,580.28 CNY in the previous year[48]. - Cash and cash equivalents increased to CNY 86,503,171.47 from CNY 67,715,990.09, reflecting a growth of approximately 27.6%[28]. Assets and Liabilities - The company's total assets decreased by 5.42% to ¥2,952,178,790.86 from ¥3,121,423,378.81 at the end of the previous year[8]. - The total current assets decreased to CNY 1,629,585,767.24 from CNY 1,754,999,552.45, indicating a reduction of about 7.1%[29]. - The company's total liabilities as of Q1 2019 amounted to ¥905,614,307.08, a decrease from ¥986,442,140.11 in the previous period[36]. - Total liabilities decreased to CNY 1,390,823,097.13 from CNY 1,542,107,807.54, a reduction of approximately 9.8%[30]. - The company's total equity as of March 31, 2019, was CNY 1,561,355,693.73, down from CNY 1,579,315,571.27, representing a decrease of about 1.1%[31]. - The total equity of the company was ¥1,228,531,722.43, slightly down from ¥1,239,755,086.22 in the previous year[36]. - The company has long-term receivables of CNY 772,168,926.85 and long-term equity investments of CNY 88,827,645.32[55]. - The company has a total of CNY 970,981,802.30 in other receivables as of January 1, 2019[57]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 125,079[11]. - The largest shareholder, China Investment Co., Ltd., holds 17.41% of the shares, with 184,240,445 shares pledged[11]. - The company has not repurchased any shares as of March 31, 2019, despite a plan approved in late 2018[16]. Operating Costs and Expenses - The company reported a decrease in operating costs by 33.62%, primarily due to reduced costs associated with the transfer of the Chegang project[15]. - Sales expenses decreased by 48.20%, attributed to the optimization of certain project sales teams[15]. - Total operating costs for Q1 2019 were ¥98,843,791.42, down 27.3% from ¥135,955,996.66 year-over-year[37]. - Research and development expenses for Q1 2019 were ¥5,462,978.50, an increase of 16.9% compared to ¥4,669,207.72 in the same period last year[37]. Audit and Compliance - The company has not undergone an audit for the first quarter report[59]. - The company has no reported non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[23].