*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 the same period last year[8] - The net profit attributable to shareholders was ¥7,840,833.61, down 79.92% year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥126,308,969.36, a decline of 455.56% compared to the previous year[8] - Basic and diluted earnings per share were both ¥0.004, representing an 80.00% decrease year-on-year[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] - The total comprehensive income amounted to -29,836,757.97 CNY, compared to -29,402,709.44 CNY in the previous period[78] 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 inflows from operating activities totaled 3,123,075,536.70 CNY, an increase from 2,603,282,151.17 CNY year-over-year[82] - The cash outflow from operating activities was 3,159,930,922.08 CNY, a decrease from 3,420,705,762.05 CNY in the previous period[82] - Cash inflow from financing activities rose 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 from investment activities decreased by 76.23% to ¥185,080,763.71 from ¥778,707,993.43, due to reduced investment expenditures in cultural tourism projects and self-owned properties[22] - The net cash flow from investment activities was -185,013,915.21 CNY, compared to -778,698,936.53 CNY in the previous period[85] Assets and Liabilities - Total assets at the end of the reporting period were ¥56,326,944,830.08, an increase of 5.08% from the end of the previous year[8] - The total assets amounted to ¥56,326,944,830.08, compared to ¥53,601,938,113.44 at the end of 2018, marking a growth of around 5.09%[47] - The total liabilities decreased from ¥10,035,250,575.13 to ¥9,287,858,399.13, showing a reduction of approximately 7.43%[47] - 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] - Current liabilities totaled ¥27,884,319,685.65, compared to ¥27,560,614,332.30, reflecting a slight increase of 1.2%[50] - The total equity attributable to shareholders reached ¥7,780,799,375.32, a marginal increase from ¥7,777,477,748.33[53] - The company's long-term equity investments were valued at ¥2,727,756,101.48, up from ¥2,612,735,054.89, indicating an increase of about 4.39%[47] 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] - Other income increased significantly to ¥138,295,290.91 from ¥2,166,530.41, marking a growth of approximately 6,295.5%[64] 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] Financial Expenses - Financial expenses increased by 59.39% to ¥169,288,370.14 from ¥106,207,179.55, primarily due to increased borrowing costs from more completed projects[22] - Financial expenses rose to ¥169,288,370.14 from ¥106,207,179.55, an increase of about 59.3%[64] Employee Compensation - 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]