创维数字(000810) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,051,101,815.37, representing a 7.72% increase compared to ¥1,834,863,803.51 in the same period last year[10]. - Net profit attributable to shareholders was ¥117,531,078.95, a significant increase of 78.13% from ¥67,453,781.24 in the previous year[10]. - The net profit after deducting non-recurring gains and losses was ¥99,003,933.64, up 67.06% from ¥62,885,000.76 year-on-year[10]. - The basic earnings per share increased to ¥0.1125, reflecting a growth of 76.33% compared to ¥0.0652 in the same period last year[10]. - The diluted earnings per share rose to ¥0.1087, a 73.92% increase from ¥0.0639 in the previous year[10]. - The company reported a total investment amount of 1,098.45 million for foreign exchange derivatives, with a loss of -38.95 million during the reporting period[40]. - The total revenue for the current period is 120,778,407.40, compared to 69,449,884.81 in the previous period, representing a growth of approximately 74%[78]. - The net profit for the current period is 112,878,768.56, up from 66,147,845.24 in the previous period, indicating an increase of about 71%[78]. - The profit attributable to the parent company's shareholders is 117,531,078.95, compared to 65,978,940.76 in the previous period, reflecting a growth of approximately 78%[78]. - The total comprehensive income for the current period is 123,058,034.89, compared to 91,349,108.32 in the previous period, representing an increase of about 35%[80]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥8,656,519,731.93, showing a slight increase of 0.06% from ¥8,349,143,939.54 at the end of the previous year[10]. - The net assets attributable to shareholders were ¥3,149,260,289.03, a decrease of 0.82% from ¥3,047,702,515.13 at the end of the previous year[10]. - As of March 31, 2019, the total current assets amounted to CNY 7,218,095,529.45, slightly down from CNY 7,224,207,613.73 at the end of 2018, indicating a decrease of approximately 0.08%[54]. - The company's cash and cash equivalents decreased to CNY 904,917,973.19 from CNY 1,041,471,182.71, representing a decline of about 13.1%[54]. - Total liabilities as of March 31, 2019, were CNY 5,350,651,529.13, up from CNY 5,313,613,183.80, indicating a slight increase of approximately 0.7%[60]. - The company's short-term borrowings rose significantly to CNY 863,949,573.22 from CNY 537,394,777.75, marking an increase of about 60.5%[60]. Cash Flow - The net cash flow from operating activities was negative at -¥461,812,707.89, worsening by 51.96% compared to -¥310,386,127.51 in the same period last year[10]. - Operating cash inflow for the current period was CNY 2,166,727,265.09, compared to CNY 2,019,199,003.62 in the previous period, reflecting an increase of approximately 7.3%[91]. - Cash outflow for purchasing goods and services was CNY 2,175,768,282.38, up from CNY 1,921,076,074.23, indicating a rise of about 13.3%[91]. - Cash inflow from financing activities totaled CNY 1,039,580,091.87, significantly higher than CNY 609,908,909.65 in the prior period, marking an increase of approximately 70.5%[93]. - The ending balance of cash and cash equivalents was CNY 783,873,383.30, up from CNY 548,534,939.92, showing an increase of approximately 42.7%[93]. Research and Development - R&D expenses increased by 40.25% to RMB 108,218,118.72 due to increased investment in new business and product development[24]. - The company is focusing on market expansion and new product development, as indicated by the increase in R&D expenses[74]. Investments and Acquisitions - The company issued 10.4 billion RMB of convertible bonds to fund the smart upgrade of set-top boxes and automotive intelligent driving assistance systems, raising a net amount of RMB 103,128.64 million[27]. - The company’s subsidiary acquired 55% of Shenzhen Skyworth Qunxin Security Technology Co., Ltd. for RMB 15,780.51 million based on an asset valuation of RMB 28,691.84 million[29]. Derivative Investments - The total derivative investment amount reached 21,983.01 million, with a net profit of 8,440.94 million and a total revenue of 19,860.5 million, reflecting a growth rate of 6.32%[43]. - The company engaged in forward foreign exchange transactions primarily to hedge against currency risk, rather than for speculative purposes[43]. - The risk analysis for derivative investments includes market risk, liquidity risk, credit risk, operational risk, and legal risk, with specific measures in place to address these[43]. Miscellaneous - The company received government subsidies amounting to ¥16,856,354.10 during the reporting period[10]. - The company has not engaged in any securities investments during the reporting period[37]. - The company has not reported any significant changes in user data or market expansion strategies in the recent conference call[36]. - The company has not disclosed any new product or technology developments in the recent reporting period[36]. - The company has not reported any mergers or acquisitions during the reporting period[36]. - The company has not implemented any share repurchase plans during the reporting period[34]. - The company has not indicated any new strategic initiatives in the recent conference call[36].