烽火电子(000561) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥172,603,038.23, a decrease of 2.28% compared to ¥176,634,664.97 in the same period last year[8] - The net profit attributable to shareholders was -¥17,945,115.85, showing an improvement from -¥19,135,385.99 year-on-year[8] - The net cash flow from operating activities was -¥96,086,092.93, compared to -¥48,411,797.94 in the previous year, indicating a worsening cash flow situation[8] - The total operating revenue for Q1 2019 was CNY 172,603,038.23, a decrease of 2.9% compared to CNY 176,634,664.97 in Q1 2018[35] - The net loss for Q1 2019 was CNY 21,900,130.70, compared to a net loss of CNY 20,226,523.08 in Q1 2018, indicating a worsening of 8.3%[36] - The total comprehensive income attributable to the parent company was a loss of CNY 17,945,115.85, compared to a loss of CNY 19,135,385.99 in the previous period[40] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,984,861,672.02, an increase of 2.63% from ¥2,908,403,954.54 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.24% to ¥1,356,715,302.98 from ¥1,373,816,032.93 at the end of the previous year[8] - Total liabilities increased to CNY 1,178,403,043.05 in Q1 2019 from CNY 1,108,001,506.86 in Q1 2018, representing a rise of 6.3%[33] - Total assets as of March 31, 2019, amounted to CNY 2,496,790,996.77, an increase from CNY 2,440,219,355.35 at the end of 2018[33] Cash Flow - Operating cash flow net amount decreased to -¥96,086,092.93, reflecting reduced sales receipts and increased payments[15] - The net cash flow from operating activities was -46,032,353.42 yuan, compared to -26,500,192.61 yuan in the previous period, indicating a decline of approximately 73.7%[45] - Total cash inflow from operating activities was 191,855,659.55 yuan, down from 219,069,159.80 yuan, representing a decrease of about 12.4%[45] - Cash outflow from operating activities totaled 237,888,012.97 yuan, a reduction from 245,569,352.41 yuan, reflecting a decrease of approximately 3.1%[45] - The net cash flow from investing activities was -57,901,488.50 yuan, compared to -141,349,997.62 yuan in the previous period, showing an improvement of about 59%[45] - The net cash flow from financing activities was -379,115.05 yuan, compared to -1,857,251.16 yuan in the previous period, indicating a decrease of approximately 79.6%[47] Shareholder Information - The top shareholder, Shaanxi Fenghuo Communication Group Co., Ltd., holds 41.68% of the shares, totaling 252,085,786 shares[12] - The company did not conduct any repurchase transactions among the top ten shareholders during the reporting period[12] Other Financial Metrics - The weighted average return on net assets improved by 0.21 percentage points to -1.31% from -1.50% year-on-year[8] - The company reported non-recurring gains and losses totaling ¥642,897.19 for the period[9] - Prepayments increased by 186.66% to ¥56,363,062.47 due to higher advance payments to suppliers[15] - Other receivables rose by 45.79% to ¥15,669,339.46 primarily due to an increase in petty cash[15] - Short-term borrowings decreased by 62.50% to ¥3,000,000.00 as a result of repayment of bank loans[15] - Investment income surged by 1115.98% to ¥351,799.99 due to increased returns from bank financial products[15] - Sales expenses rose by 30.36% to ¥7,917,842.20 mainly due to increased salary and repair costs[15] - Other current assets increased by 160.27% to ¥30,531,189.10 due to higher VAT credits and unredeemed bank financial products[15] - Cash and cash equivalents decreased to ¥426,908,953.47 from ¥514,515,518.52[27] - The company's equity attributable to shareholders decreased to CNY 1,356,715,302.98 from CNY 1,373,816,032.93, a decline of 1.2%[30] - The company's cash and cash equivalents at the end of the period were CNY 307,180,456.26, down from CNY 359,039,950.46 at the end of the previous period[44] - The company recorded investment income of CNY 309,178.08 during the quarter[40] - The total operating costs increased to CNY 106,402,588.99 from CNY 89,282,621.30, reflecting a rise of approximately 19.2%[39] - The company’s financial expenses showed a significant decrease, reporting a gain of CNY 144,600.02 compared to a loss of CNY 1,323,140.58 in the previous period[39]