深科技(000021) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥3,640,928,607.51, a decrease of 9.05% compared to ¥4,003,078,929.95 in the same period last year[3] - Net profit attributable to shareholders was ¥103,833,784.57, representing a year-on-year increase of 21.54% from ¥85,431,303.95[3] - Basic earnings per share increased by 21.51% to ¥0.0706 from ¥0.0581 in the previous year[3] - The net cash flow from operating activities was negative at -¥17,441,916.56, a decline of 139.71% compared to ¥43,924,926.66 in the same period last year[3] - Total operating revenue for Q1 2019 was CNY 3,640,928,607.51, a decrease of 9.05% compared to CNY 4,003,078,929.95 in the same period last year[31] - Net profit for Q1 2019 reached CNY 112,240,782.87, representing a 23.10% increase from CNY 91,157,009.87 in Q1 2018[32] - Operating profit for the current period is -¥71,272,451.33, compared to -¥54,243,728.01 in the previous period, indicating a worsening performance[34] - Net profit for the current period is -¥70,570,896.27, a decline from -¥46,192,021.51 in the previous period, reflecting increased losses[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,647,795,350.87, an increase of 0.70% from ¥15,539,378,939.58 at the end of the previous year[3] - Total current assets as of March 31, 2019, amounted to ¥10,045,271,758.42, a slight decrease from ¥10,085,960,507.02 as of December 31, 2018[24] - Non-current assets totaled ¥5,602,523,592.45 as of March 31, 2019, compared to ¥5,453,418,432.56 as of December 31, 2018, indicating an increase[25] - Total liabilities decreased slightly to ¥9,130,317,260.69 as of March 31, 2019, from ¥9,152,714,857.01 at the end of 2018[26] - Total liabilities for Q1 2019 were CNY 3,209,049,675.34, compared to CNY 3,027,589,642.20 in the same period last year, reflecting an increase of 6.00%[30] - The company's total equity decreased to CNY 4,829,366,773.57 from CNY 4,874,851,295.03 year-on-year[30] Shareholder Information - The largest shareholder, China Electronics Corporation, holds 44.51% of the shares, while the second largest shareholder, Bosheng (Hong Kong) Co., Ltd., holds 7.25%[6] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[9] - The company reported a significant increase in its shareholding in Onna Technology Group, holding 17,112.12 million shares, representing a 21.37% stake[19] - The company has reduced its stake in Jierong Technology by selling 204,000 shares, resulting in a gain of approximately 1.88 million yuan[19] Expenses and Investments - Sales expenses increased by 57% year-on-year, mainly due to higher transportation costs[10] - R&D expenses rose by 46.90% year-on-year, reflecting increased investment in research and development[10] - The company’s investment in fixed assets, intangible assets, and other long-term assets increased by 36.18% year-on-year, primarily due to higher investment in the Cai Tian renovation project[11] - Research and development expenses for Q1 2019 were CNY 69,936,852.11, an increase from CNY 47,608,664.76 in the previous year, indicating a focus on innovation[31] - Financial expenses for the current period are ¥24,570,265.86, significantly lower than ¥69,128,085.52 in the previous period, reflecting improved cost management[34] Cash Flow - The cash flow from operating activities shows a net outflow of -¥17,441,916.56, a significant decrease from a net inflow of ¥43,924,926.66 in the previous period[37] - Cash inflow from operating activities totaled ¥4,073,196,149.85, down 11.3% from ¥4,591,745,007.70 in the prior period[39] - Cash outflow from operating activities was ¥3,904,333,775.50, a decrease of 10.6% compared to ¥4,367,558,000.77 in the previous period[39] - The net cash flow from investing activities was -¥50,287,434.77, worsening from -¥11,421,197.78 in the prior period[40] - Cash inflow from financing activities was ¥742,071,832.37, an increase of 53.2% from ¥484,300,829.36 in the previous period[40] Regulatory and Strategic Developments - There were no significant changes in the company's strategy or new product developments mentioned in the report[5] - The company established a wholly-owned subsidiary in the Netherlands to expand into the European market, with an initial registered capital of €100,000[12] - The company received a comprehensive credit line of RMB 5 billion from China Merchants Bank, effective from January 24, 2019, to January 23, 2020[14] - The company has implemented strict internal evaluations and established regulatory mechanisms for its derivative business to mitigate risks associated with foreign exchange fluctuations[20] Compliance and Governance - The company has not reported any violations regarding external guarantees during the reporting period[22] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[22] - The company has not experienced any overdue commitments from controlling shareholders or related parties during the reporting period[18] - The company has not forecasted any significant changes in net profit for the first half of 2019 compared to the same period last year[18] - The company conducted investor relations activities, including a site visit on January 8, 2019, and phone communications discussing strategic development and industry conditions[21] Changes in Accounting Standards - The company implemented new financial instrument standards starting January 1, 2019, affecting the presentation of financial assets[46]