ST国安(000839) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥876,059,353.79, a decrease of 14.62% compared to ¥1,026,102,452.05 in the same period last year[4] - The net profit attributable to shareholders was ¥41,570,224.62, down 6.58% from ¥44,497,107.25 year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥30,622,828.56, compared to -¥12,800,317.88 in the previous year[4] - The basic earnings per share decreased to ¥0.0106, down 7.02% from ¥0.0114 year-on-year[4] - The company reported a decrease in short-term borrowings to RMB 1.57 billion from RMB 1.63 billion, a reduction of about 4.06%[17] - The total comprehensive income for the period was RMB 10,592,088.25, down from RMB 59,189,954.21, reflecting a decline of approximately 82.1% year-over-year[23] - Net profit for the period was RMB 25,944,150.00, down from RMB 43,578,236.71, indicating a decrease of approximately 40.5% year-over-year[23] Cash Flow - The net cash flow from operating activities was -¥155,353,843.19, an improvement from -¥184,403,081.44 in the same period last year[4] - Net cash flow from operating activities increased compared to the same period last year due to a decrease in cash paid for goods and services[11] - The company's operating cash inflow from sales of goods and services was RMB 701,685,065.06, a decrease of 12.0% compared to RMB 797,088,870.60 in the previous period[28] - The net cash flow from investing activities was RMB 144,552,887.28, a significant improvement from RMB -337,930,988.71 in the previous period[28] - The total cash and cash equivalents at the end of the period was RMB 585,194,718.56, down from RMB 1,574,025,042.04 in the previous period[28] - The company reported a cash inflow from operating activities of RMB 396,001,921.85, a substantial increase from RMB 62,940,052.71 in the previous period[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,763,399,718.38, a slight increase of 0.21% from ¥17,725,878,075.74 at the end of the previous year[4] - Total liabilities reached RMB 8.44 billion, an increase from RMB 8.35 billion, marking a rise of about 1.30%[17] - The total non-current liabilities decreased slightly to RMB 2.03 billion from RMB 2.09 billion, indicating a decline of approximately 2.89%[17] - The company's equity attributable to shareholders rose to RMB 9.33 billion, compared to RMB 9.22 billion, reflecting an increase of approximately 1.20%[17] - Total assets increased from RMB 17,589,570,828.84 to RMB 17,725,878,075.74, a rise of approximately 0.8%[33] - Total liabilities increased slightly from RMB 8,353,324,683.14 to RMB 8,368,215,219.87, an increase of approximately 0.2%[33] Shareholder Information - The total number of common shareholders at the end of the reporting period was 239,784[5] - The largest shareholder, CITIC Guoan Co., Ltd., held 36.44% of the shares, amounting to 1,428,488,345 shares[5] Expenses - Management expenses decreased compared to the same period last year mainly due to the transfer of equity in Power Technology, which is no longer consolidated in the financial statements[11] - R&D expenses decreased compared to the same period last year for the same reason as above[11] - Financial expenses decreased compared to the same period last year due to reduced borrowing interest[11] - Research and development expenses were reduced to RMB 9,013,215.46 from RMB 19,602,251.73, a decrease of approximately 54% year-over-year[23] Non-Recurring Items - The company reported non-recurring gains totaling ¥72,193,053.18, which included gains from the disposal of non-current assets and investment income from financial assets[5] - The company reported a significant drop in investment income to RMB 49,294,214.27 from RMB 132,131,921.18, a decrease of approximately 62.7% year-over-year[23] Future Outlook - The company plans to focus on cost control and efficiency improvements in the upcoming quarters to enhance profitability[23]