新大洲A(000571) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥321,874,035.90, a decrease of 23.22% compared to ¥419,193,402.16 in the same period last year[8] - The net profit attributable to shareholders of the listed company was -¥31,412,565.29, representing a decline of 272.24% from ¥18,237,847.85 in the previous year[8] - The basic earnings per share were -¥0.0386, down 272.32% from ¥0.0224 in the previous year[8] - Revenue for Q1 2019 was RMB 321.87 million, a decrease of 23.22% compared to RMB 419.19 million in Q1 2018[16] - Operating profit for Q1 2019 was RMB -24.36 million, a decline of 172.82% from RMB 33.45 million in Q1 2018[16] - The company's net loss for Q1 2019 was CNY 23,105,586.16, compared to a profit in the same period last year[55] - The total profit before tax was -22,925,524.18, compared to 33,248,114.33 in the previous year[57] - The comprehensive income totalled -33,313,757.56, compared to 35,692,194.39 in the previous year[58] Cash Flow - The net cash flow from operating activities was -¥9,132,012.84, a decrease of 207.13% compared to ¥8,523,847.59 in the same period last year[8] - Cash flow from operating activities for Q1 2019 was RMB -9.13 million, a decrease of 207.13% compared to RMB 8.52 million in Q1 2018[20] - Cash flow from financing activities showed a net outflow of RMB -122.84 million in Q1 2019, a 27.01% improvement from RMB -168.31 million in Q1 2018[20] - The net cash flow from financing activities was -122,842,176.29 CNY, compared to -168,307,392.07 CNY in the previous year, indicating a reduced outflow[66] - The cash flow from operating activities showed a net inflow of 5,540,425.88 CNY for the current period, contrasting with a net outflow of -41,477,474.78 CNY in the previous year[69] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,032,623,759.36, a decrease of 4.63% from ¥4,228,197,978.70 at the end of the previous year[8] - The net assets attributable to shareholders of the listed company were ¥1,286,760,043.67, down 3.02% from ¥1,326,828,920.73 at the end of the previous year[8] - Total liabilities decreased to CNY 513,647,772.85 in Q1 2019 from CNY 530,580,058.42 in the previous quarter[53] - The company's total equity as of March 31, 2019, was CNY 1,928,813,872.25, down from CNY 1,936,833,706.68 at the end of 2018[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 93,534[12] - The largest shareholder, Shenzhen Shangheng Guantong Investment Enterprise, held 10.99% of the shares, totaling 89,481,652 shares[12] Government Support and Guarantees - The company received government subsidies amounting to ¥2,720,060.24 during the reporting period[9] - The total amount of guarantees provided by the company reached 31,622.7 million, accounting for 23.84% of the latest audited net assets[36] - The company has acknowledged the existence of external guarantees, which may pose risks[34] Operational Challenges - The company reported no significant new product developments or market expansion strategies during the quarter[15] - The company has frozen bank accounts and assets, impacting its credit status and operational management, with a total of 13.26万元 frozen due to violations of guarantees[26] - The company is actively negotiating repayment plans with creditors and is exploring asset disposals and financing options to raise funds[26] - The company has reported a potential significant change in net profit for the period from January to June 2019, indicating possible losses compared to the previous year[30] Inventory and Receivables - The cash and cash equivalents decreased by 69.09% to RMB 112.24 million at the end of Q1 2019 from RMB 363.07 million at the beginning of the year[24] - The company has a receivable amount of 134,458.38 million, which is greater than the sales-generated receivables[39] - Inventory rose to CNY 172.94 million from CNY 164.77 million, indicating an increase of approximately 4.0%[46] Future Plans - The company plans to focus on cost control and efficiency improvements in the upcoming quarters[55] - The company is exploring new market opportunities and potential acquisitions to drive future growth[55] - The board plans to conduct due diligence on Hengyang Cattle Industry and develop a repayment plan within three months[40]