东旭光电(000413) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥3,816,412,812.51, a decrease of 18.20% compared to ¥4,665,751,599.66 in the same period last year[9] - Net profit attributable to shareholders was ¥431,060,886.41, representing a slight increase of 1.19% from ¥424,438,428.17 year-on-year[9] - Basic and diluted earnings per share increased by 14.29% to ¥0.08 from ¥0.07 in the same period last year[9] - The total operating profit for the current period is approximately 566.86 million, an increase from 543.99 million in the previous period, reflecting a growth of about 4.4%[56] - The net profit for the current period is approximately 450.69 million, compared to 432.00 million in the previous period, indicating an increase of about 4.3%[56] - The total comprehensive income for the current period is approximately 450.69 million, compared to 432.01 million in the previous period, showing an increase of about 4.3%[59] Cash Flow - The net cash flow from operating activities improved significantly to ¥638,683,628.95, a 160.39% increase from a negative cash flow of ¥1,127,140,487.84 in the previous year[9] - The cash inflow from operating activities for the current period is approximately 6.34 billion, compared to 5.28 billion in the previous period, representing an increase of about 20%[67] - The company reported a significant increase in cash received from operating activities, totaling 1,098,016,584.86, compared to 245,328,104.59 in the previous period[74] - The cash inflow from financing activities reached 4,021,701,154.52, with a net cash flow of 1,617,527,378.45 after accounting for cash outflows[73] - The net increase in cash and cash equivalents for the period was 2,129,653,891.77, contrasting with a decrease of -554,068,662.32 in the previous period[73] Assets and Liabilities - Total assets at the end of the reporting period were ¥72,232,411,541.83, a decrease of 0.47% from ¥72,576,122,859.60 at the end of the previous year[9] - Total liabilities decreased to ¥38,389,585,097.27 from ¥39,152,817,372.70 at the end of last year[39] - Total current assets amounted to ¥45,399,663,887.22, slightly down from ¥45,440,565,916.70 at the end of last year[36] - The company’s total liabilities to total assets ratio is approximately 54.0%[84] - The company has reported a total of CNY 4.75 billion in undistributed profits[84] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 357,654, with the top 10 shareholders holding significant stakes[14] - The largest shareholder, Dongxu Group Co., Ltd., held 15.97% of the shares, amounting to 915,064,091 shares[14] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[18] Operational Metrics - Total operating costs amounted to CNY 3,373,648,113.26, down 19.1% from CNY 4,167,464,873.10 year-over-year[53] - The company reported non-operating income of ¥34,997,751.46 during the period[9] - Management expenses increased by 30.12% to ¥141,671,065.56, driven by higher personnel costs and increased amortization of intangible assets[21] - Research and development expenses were CNY 96,775,197.66, slightly up from CNY 92,974,038.34, reflecting a growth of 4.3%[53] Inventory and Receivables - Inventory increased by 28.31% to ¥4,504,747,450.05, attributed to the expansion of the company's business and an increase in raw materials[21] - The company reported a decrease in inventory to CNY 227,280,898.35 from CNY 269,759,580.95, a decline of 15.7%[43] - Accounts receivable stood at CNY 14.35 billion, while inventory was reported at CNY 3.51 billion[80] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[55]