CSBM(SZ:000158)2019-04-29 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥2,069,907,287.75, representing a 14.58% increase compared to ¥1,806,584,865.52 in the same period last year[8]. - The net profit attributable to shareholders of the listed company was -¥14,643,881.52, an improvement of 32.49% from -¥21,691,701.09 in the previous year[8]. - The net cash flow from operating activities was -¥796,989,125.64, which is a 16.57% improvement from -¥955,329,474.08 in the same period last year[8]. - The basic earnings per share for the period was -¥0.0089, a 32.06% improvement from -¥0.0131 in the same period last year[8]. - The company reported a non-recurring loss of -¥85,404,995.35, which is a 24.63% improvement from -¥113,311,773.26 in the previous year[8]. - The net profit for the current period was a loss of ¥15,991,426.78, compared to a loss of ¥22,446,894.10 in the previous period, showing an improvement of approximately 28.8%[58]. - The operating profit for the current period was a loss of ¥13,677,369.19, which is an improvement from a loss of ¥22,290,426.38 in the previous period[55]. - The total profit for the current period was a loss of ¥13,647,134.27, compared to a loss of ¥23,119,929.28 in the previous period, showing an improvement of about 41.5%[58]. - The company reported a total comprehensive income of -¥15,991,426.78 for the current period, compared to -¥22,446,894.10 in the previous period, indicating a significant improvement[58]. Assets and Liabilities - The total assets at the end of the reporting period were ¥13,546,583,161.07, down 4.22% from ¥14,142,745,019.87 at the end of the previous year[8]. - The net assets attributable to shareholders of the listed company were ¥6,002,680,081.85, a decrease of 1.34% from ¥6,084,461,167.59 at the end of the previous year[8]. - Total liabilities decreased from CNY 8,050,315,148.95 to CNY 7,534,780,921.15, a reduction of approximately 6.4%[41]. - Current liabilities decreased from CNY 6,420,687,959.47 to CNY 5,768,139,118.49, a decrease of about 10.1%[41]. - Non-current liabilities increased from CNY 1,629,627,189.48 to CNY 1,766,641,802.66, an increase of approximately 8.4%[41]. - Total equity decreased from CNY 6,092,429,870.92 to CNY 6,011,802,239.92, a decline of about 1.3%[44]. - Total assets increased from CNY 8,747,029,634.15 to CNY 8,807,357,308.45, an increase of approximately 0.7%[48]. - The company's retained earnings decreased from CNY 1,314,594,063.13 to CNY 1,299,950,181.61, a decline of about 1.1%[44]. Cash Flow - The net cash flow from operating activities was -796,989,125.64 CNY, compared to -955,329,474.08 CNY in the previous period, indicating an improvement of approximately 16.6%[69]. - Total cash inflow from operating activities amounted to 2,781,916,675.44 CNY, up from 2,163,872,216.82 CNY, reflecting a growth of about 28.6%[69]. - Cash outflow from operating activities increased to 3,578,905,801.08 CNY from 3,119,201,690.90 CNY, representing a rise of approximately 14.7%[69]. - Cash inflow from financing activities totaled 1,017,201,000.00 CNY, down from 1,526,588,000.00 CNY, a decrease of about 33.4%[72]. - The cash outflow from financing activities was 1,227,151,168.36 CNY, compared to 803,369,178.14 CNY in the previous period, marking an increase of approximately 52.8%[72]. - The ending balance of cash and cash equivalents was 753,681,179.17 CNY, down from 977,345,130.86 CNY, indicating a decrease of about 23.0%[72]. - The cash flow from operating activities for the parent company was -397,672,140.88 CNY, an improvement from -570,989,595.38 CNY in the previous period[73]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,465[12]. - The company repurchased 12,950,540 shares, accounting for 0.7835% of the total share capital, with a total payment of approximately ¥94.1 million[24]. Expenses and Costs - Total operating costs for the current period were ¥2,155,309,128.34, up from ¥1,923,283,227.14 in the previous period, indicating an increase of about 12.1%[55]. - Management expenses increased by 51.62% year-on-year, primarily due to increased employee compensation and depreciation[23]. - R&D expenses decreased by 44.53% year-on-year, mainly due to a reduction in new R&D projects[23]. - The company incurred financial expenses of ¥71,890,056.74, which increased from ¥55,579,991.10 in the previous period, representing an increase of approximately 29.3%[55]. - Other income for the current period was ¥71,584,732.59, down from ¥95,046,947.14 in the previous period, a decrease of approximately 24.7%[55]. Inventory and Receivables - Inventory increased by 5.5% compared to the end of the previous year, reaching ¥2.33 billion[35]. - Accounts receivable increased from CNY 226,106,512.25 to CNY 345,590,523.31, an increase of about 53%[45]. - Inventory increased from CNY 695,683,675.20 to CNY 709,680,847.62, an increase of approximately 2%[48]. Investments and Financial Standards - Long-term receivables increased by 126.62% compared to the beginning of the year, mainly due to increased investment in the Wugang project[22]. - The total amount of fixed assets was CNY 2,227,945,503.31, showing the company's investment in long-term operational capacity[80]. - The company has a long-term investment in equity amounting to CNY 26,501,436.31, reflecting its strategic investment approach[80]. - The company has implemented new financial instrument standards since January 1, 2019, affecting the presentation of financial statements[86]. - The total amount of deferred income was CNY 283,031,909.46, indicating future revenue recognition[84]. Audit and Reliability - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[90].