*ST炼石(000697) - 2019 Q1 - 季度财报

Financial Performance - Revenue for Q1 2019 reached ¥541,304,542.54, representing a 59.07% increase compared to ¥340,299,991.53 in the same period last year[7] - Net profit attributable to shareholders was -¥30,919,231.69, a decline of 21.14% from -¥25,523,534.49 year-on-year[7] - Total operating revenue for Q1 2019 was 541.30 million, a 59.07% increase compared to 340.30 million in Q1 2018, primarily due to the consolidation of NAL's financial statements[15] - Operating costs increased by 65.96% to 445.86 million in Q1 2019 from 268.66 million in Q1 2018[15] - Net loss for Q1 2019 was CNY 31,471,951.43, compared to a net loss of CNY 26,836,348.26 in Q1 2018[38] - The company forecasts a net loss of 57.00 million for the first half of 2019, an improvement of 56.31% compared to a loss of 130.45 million in the same period last year[19] - Basic earnings per share for the first half of 2019 are expected to be -0.0849, a 63.58% improvement from -0.2331 in the previous year[19] - The company reported a total comprehensive loss of CNY 45,277,930.03 for Q1 2019, compared to a loss of CNY 35,088,104.65 in the same period last year[38] Cash Flow - Net cash flow from operating activities was -¥112,025,954.76, a significant decrease of 326.40% compared to ¥49,482,437.70 in the previous year[7] - Cash generated from financing activities increased by 107.70% to 26.53 million, compared to -344.55 million in the same period last year[17] - Cash flow from operating activities showed a net outflow of ¥112,025,954.76, compared to a net inflow of ¥49,482,437.70 in the previous period[46] - Cash inflow from operating activities totaled ¥613,052,801.52, while cash outflow was ¥725,078,756.28, indicating a significant cash burn[45] - Cash flow from investing activities resulted in a net outflow of ¥52,069,821.04, an improvement from a larger outflow of ¥99,468,374.26 in the previous period[46] - Cash flow from financing activities generated a net inflow of ¥26,533,982.89, contrasting with a net outflow of ¥344,546,560.26 in the previous period[46] - The ending cash and cash equivalents balance was ¥118,355,836.38, down from ¥519,835,649.74 at the end of the previous period[46] - The net increase in cash and cash equivalents for the period was -76,184,778.57 CNY, resulting in an ending balance of 75,817,331.83 CNY[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,158,023,771.11, down 0.95% from ¥5,207,278,611.07 at the end of the previous year[7] - Current liabilities increased to 1.77 billion from 1.76 billion at the end of 2018[30] - Non-current liabilities decreased to 361.41 million from 371.85 million at the end of 2018[30] - Total assets as of March 31, 2019, were CNY 4,622,566,453.10, a slight decrease from CNY 4,664,471,683.95 at the end of 2018[34] - Total liabilities as of March 31, 2019, were CNY 1,002,849,031.83, down from CNY 1,031,708,373.38 at the end of 2018[35] - The company's total equity as of March 31, 2019, was CNY 3,619,717,421.27, slightly down from CNY 3,632,763,310.57 at the end of 2018[35] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,248[10] - The largest shareholder, Zhang Zheng, holds 19.03% of the shares, amounting to 127,803,102 shares, with 105,902,326 shares pledged[10] Other Financial Metrics - The weighted average return on net assets was -1.01%, an improvement of 0.71% from -1.72% in the same period last year[7] - Research and development expenses for Q1 2019 were CNY 9,819,685.15, compared to CNY 7,887,216.83 in Q1 2018, reflecting a 24.5% increase[36] - Other comprehensive loss for Q1 2019 was CNY 13,805,978.60, compared to CNY 8,251,756.39 in Q1 2018[38] - Management expenses decreased to ¥1,265,060.97 from ¥1,600,006.45, while financial expenses dropped significantly from ¥25,016,183.19 to ¥11,780,828.33, primarily due to reduced interest expenses[40] - The net loss for the period was ¥13,045,889.30, an improvement from a net loss of ¥26,616,189.64 in the previous period[40] Audit and Standards - The company did not undergo an audit for the first quarter report[51] - The company has not applied new financial instrument standards, new revenue standards, or new leasing standards[50] - The report was released by the Chairman, Zhang Zheng, on April 26, 2019[52]