湖北广电(000665) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥595,510,454.30, a decrease of 5.77% compared to ¥631,982,498.05 in the same period last year[7]. - The net profit attributable to shareholders was ¥66,172,734.96, down 28.53% from ¥92,588,940.49 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥45,354,010.61, reflecting a decline of 41.90% compared to ¥78,060,611.10 in the previous year[7]. - Basic earnings per share were ¥0.1, down 33.33% from ¥0.15 year-on-year[7]. - Diluted earnings per share were ¥0.08, a decrease of 46.67% compared to ¥0.15 in the previous year[7]. - The total profit for Q1 2019 was CNY 65.40 million, compared to CNY 93.63 million in Q1 2018, showing a decrease of approximately 30.0%[39]. - The company's operating profit for Q1 2019 was CNY 62.21 million, down from CNY 91.78 million in the same quarter last year, a decline of about 32.3%[39]. - The total comprehensive income for Q1 2019 was CNY 65.40 million, compared to CNY 107.95 million in Q1 2018, a decrease of approximately 39.4%[40]. Cash Flow - The net cash flow from operating activities was ¥64,935,503.84, a decrease of 32.05% from ¥95,564,035.81 in the same period last year[7]. - Cash flow from operating activities decreased by 32.05% to ¥64,935,503.84, mainly due to reduced cash inflows and increased project costs[16]. - The cash inflow from operating activities for Q1 2019 was CNY 620.02 million, compared to CNY 646.88 million in Q1 2018, indicating a decrease of about 4.2%[45]. - The total cash inflow from operating activities was ¥585,920,946.99, a decrease of 5.1% compared to ¥617,188,289.03 in the previous year[49]. - The total cash outflow from operating activities was ¥527,293,707.39, slightly lower than ¥547,624,334.49 in Q1 2018[50]. - The cash flow from investment activities showed a net outflow of -¥633,020,347.90, compared to -¥345,588,090.56 in the same period last year[50]. Assets and Liabilities - Total assets at the end of the reporting period were ¥11,446,807,784.94, an increase of 2.61% from ¥11,155,334,806.99 at the end of the previous year[7]. - The company's total assets amounted to approximately CNY 11.45 billion, an increase from CNY 11.16 billion as of December 31, 2018[30]. - The company's total liabilities decreased slightly to approximately CNY 4.42 billion from CNY 4.49 billion, a reduction of about 1.5%[32]. - Short-term borrowings increased by 159.59% to ¥817,976,050.00, primarily for accounts payable related to network investment[15]. - The company's total liabilities decreased to CNY 4,297,918,744.00 in Q1 2019 from CNY 4,419,175,854.54 in Q4 2018[36]. Shareholder Information - The net assets attributable to shareholders increased by 5.59% to ¥6,742,761,188.97 from ¥6,385,908,742.90 at the end of the previous year[7]. - The total number of ordinary shareholders at the end of the reporting period was 25,238[11]. - The company's equity increased to approximately CNY 7.02 billion from CNY 6.67 billion, marking a growth of about 5.2%[32]. Investment Activities - The total amount of non-recurring gains and losses for the period was ¥20,818,724.35[8]. - The company’s cash outflow for investment activities increased by 42.08% to ¥633,611,753.80, driven by higher payments for network upgrades[17]. - The company received cash from investment income of ¥1,053,014.19, a 1673.93% increase compared to the previous period[16]. - Total cash inflow from investment activities was ¥3,013,624.19, significantly lower than ¥67,289,908.56 in the previous year[46]. Financial Expenses - Financial expenses rose by 29.44% to ¥5,523,652.15 due to an increase in average borrowings compared to the previous year[16]. - The company's financial expenses for Q1 2019 were CNY 5.71 million, an increase from CNY 4.42 million in the same period last year[40]. Other Information - The company announced a downward adjustment of the convertible bond conversion price to ¥7.92 per share, effective from February 22, 2019[18]. - The company reported a 100% decrease in other comprehensive income due to changes in financial reporting standards[15]. - The company has no overdue commitments or guarantees during the reporting period[21]. - There were no derivative investments during the reporting period, indicating a conservative investment strategy[22]. - The company has not undergone an audit for the first quarter report[58]. - The report indicates the implementation of new financial instrument standards effective from January 1, 2019[55].