*ST新联(000620) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥897,420,459.11, a decrease of 14.08% compared to ¥1,044,471,720.56 in the same period last year[8] - Net profit attributable to shareholders was ¥7,840,833.61, down 79.92% from ¥39,041,267.22 year-on-year[8] - The net profit after deducting non-recurring gains and losses was -¥126,308,969.36, a decline of 455.56% compared to ¥35,523,705.95 in the previous year[8] - Basic and diluted earnings per share were both ¥0.004, representing an 80.00% decrease from ¥0.02[8] - Operating profit decreased significantly to ¥12,639,343.75 from ¥50,628,265.71, a decline of approximately 75.1%[67] - Net profit for the current period is -¥5,006,396.30, compared to a net profit of ¥40,996,729.09 in the previous period, indicating a substantial loss[67] - The total comprehensive income for the current period is -¥12,246,679.19, compared to ¥37,716,381.54 in the previous period, indicating a significant decline[71] Cash Flow - The net cash flow from operating activities was -¥36,855,385.38, improving by 95.49% from -¥817,423,610.88 in the same period last year[8] - Cash inflow from operating activities totaled 3,123,075,536.70 CNY, an increase from 2,603,282,151.17 CNY year-over-year[82] - Cash outflow from operating activities was 3,159,930,922.08 CNY, down from 3,420,705,762.05 CNY year-over-year[82] - Cash inflow from financing activities increased by 48.89% to ¥3,999,508,302.00 from ¥2,686,278,492.94, primarily due to an increase in borrowings received[22] - The net cash flow from financing activities was 1,655,608,337.57 CNY, compared to -952,793,309.81 CNY in the previous period[85] - The cash outflow for purchasing goods and services was 1,518,671,419.43 CNY, down from 1,824,283,333.36 CNY year-over-year[82] Assets and Liabilities - Total assets at the end of the reporting period were ¥56,324,914,141.82, an increase of 5.08% from ¥53,601,938,113.44 at the end of the previous year[8] - The total liabilities increased to ¥46,359,600,010.63, up from ¥43,621,535,210.36, representing a growth of approximately 6.3% year-over-year[50] - Non-current liabilities rose to ¥18,475,280,324.98 from ¥16,060,920,878.06, indicating an increase of about 15.0%[50] - The total equity decreased slightly to ¥9,967,344,819.45 from ¥9,980,402,903.08, reflecting a decline of approximately 0.1%[53] - The total current assets amounted to ¥35,447,567,812.45, an increase from ¥33,133,460,315.25 as of December 31, 2018[44] - The total assets reached ¥56,326,944,830.08, compared to ¥53,601,938,113.44 at the end of 2018, marking an increase of approximately 5.1%[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,618[12] - The largest shareholder, Xinhua Lian Holdings Co., Ltd., held 61.17% of the shares, totaling 1,160,272,587 shares[12] Government Subsidies and Other Income - The company received government subsidies amounting to ¥138,295,290.91 during the reporting period[8] - Other income surged by 6283.26% to ¥138,295,290.91 from ¥2,166,530.41, mainly attributed to an increase in government subsidies received[22] Expenses - Employee compensation decreased by 67.50% to ¥118,161,387.67 from ¥358,625,480.46 due to payments made for bonuses accrued from the previous year[22] - Financial expenses increased by 59.39% to ¥169,288,370.14 from ¥106,207,179.55, primarily due to increased borrowing costs from completed projects[22] - Tax expenses for the current period are ¥13,613,084.80, down from ¥15,659,218.88, a decrease of approximately 13.1%[67] - The company reported an asset impairment loss of ¥1,685,437.28, slightly down from ¥1,786,726.99, a decrease of about 5.7%[64]