中鼎股份(000887) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,657,323,905.92, a decrease of 12.63% compared to ¥3,041,380,608.13 in the same period last year[8] - Net profit attributable to shareholders was ¥308,959,613.96, down 17.99% from ¥376,714,914.37 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥294,536,622.25, reflecting a decrease of 17.64% compared to ¥357,608,425.71 in the previous year[8] - Basic and diluted earnings per share were both ¥0.2531, down 18.35% from ¥0.31 in the previous year[8] - The weighted average return on equity was 3.64%, a decline of 1.21% from 4.85% in the same period last year[8] - The company's operating revenue for the current period is ¥565,756,070.93, a decrease of 14.74% compared to ¥663,286,058.70 in the previous period[54] - The net profit for the current period is ¥55,951,693.84, down 17.5% from ¥67,821,890.34 in the previous period[56] - The total comprehensive income for the current period is ¥205,601,001.85, a decrease from ¥447,683,851.25 in the previous period[52] Cash Flow and Liquidity - The net cash flow from operating activities increased by 8.49% to ¥220,222,387.32 from ¥202,987,802.57 in the same period last year[8] - The cash flow from operating activities for the current period is ¥220,222,387.32, an increase from ¥202,987,802.57 in the previous period[60] - The total cash inflow from operating activities is ¥2,658,741,269.47, down from ¥2,812,443,405.92 in the previous period[60] - The net cash flow from operating activities for the first quarter was ¥83,803,282.91, an increase from ¥24,165,250.60 in the previous period, representing a growth of approximately 247%[64] - The total cash and cash equivalents at the end of the period reached ¥980,966,419.97, up from ¥656,303,952.47 in the previous period, reflecting an increase of about 49%[66] - Cash and cash equivalents increased to ¥2,733,984,547.37, up 61% from ¥1,699,554,457.17 due to the arrival of funds from convertible bond issuance[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,111,077,475.45, an increase of 6.45% from ¥16,074,053,477.46 at the end of the previous year[8] - Total current assets increased to ¥9,065,172,957.22 as of March 31, 2019, up from ¥8,036,848,654.85 at the end of 2018, representing a growth of approximately 12.8%[37] - Total assets reached ¥17,111,077,475.45, compared to ¥16,074,053,477.46 at the end of 2018, indicating an increase of approximately 6.4%[41] - Total liabilities increased to ¥8,275,733,943.30 from ¥7,656,686,739.17, representing a rise of about 8.1%[41] - Total liabilities rose to CNY 2,912,361,521.45, compared to CNY 2,228,112,661.92, marking an increase of 30.8%[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,338, with the largest shareholder holding 46.68%[12] - Net assets attributable to shareholders increased by 4.77% to ¥8,676,473,562.85 from ¥8,281,500,393.61 at the end of the previous year[8] - The company's equity attributable to shareholders rose to ¥8,676,473,562.85, up from ¥8,281,500,393.61, an increase of approximately 4.8%[41] Expenses and Costs - Total operating costs for Q1 2019 were CNY 2,300,102,170.94, down from CNY 2,608,330,199.65, reflecting a cost reduction of approximately 11.8%[49] - Research and development expenses for Q1 2019 were CNY 121,281,878.48, slightly down from CNY 122,003,844.91, indicating a marginal decrease of 0.6%[49] - The company reported a decrease in sales expenses to CNY 96,511,724.59 from CNY 120,407,685.67, a reduction of approximately 19.8%[49] - Research and development expenses for the current period amount to ¥17,732,600.80, down from ¥20,192,667.21 in the previous period[54] - Sales expenses decreased to ¥24,790,609.16 from ¥33,827,834.73 in the previous period, reflecting a reduction of 26.7%[54] Other Income and Gains - The company reported a non-operating income of ¥7,765,809.19, with a tax impact of ¥2,683,777.14[8] - Investment income fell by 53% to ¥7,765,809.19, attributed to a decrease in financial management income[19] - Tax refunds received increased by 371% to ¥25,136,397.21, mainly due to an increase in export tax rebates[19] - The company received tax refunds of ¥25,136,397.21, significantly higher than ¥5,335,371.39 in the previous period[60] Share Repurchase and Bonds - The company repurchased a total of 7,593,000 shares, representing 0.622% of the total share capital, with a total expenditure of ¥82,436,167.58[20] - The company issued convertible bonds resulting in a total of ¥986,339,857.19 in bonds payable[19] - The company issued bonds, receiving cash inflow of ¥1,189,200,000.00 during the quarter, which was not present in the previous period[66]