联创电子(002036) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,045,284,919.98, representing a 15.49% increase compared to ¥905,078,811.61 in the same period last year[7]. - Net profit attributable to shareholders was ¥40,516,299.90, an increase of 82.45% from ¥22,206,784.45 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥18,754,287.68, up 68.95% from ¥11,100,307.19 in the previous year[7]. - Basic and diluted earnings per share increased to ¥0.07, reflecting a 75.00% rise from ¥0.04 in the previous year[7]. - The company's net profit for the first half of 2019 is expected to be positive, with a year-on-year increase of over 50%[26]. - Net profit for Q1 2019 was CNY 34,289,063.59, compared to CNY 22,632,165.20 in Q1 2018, representing a growth of 51.5%[50]. Cash Flow - The net cash flow from operating activities was ¥50,902,636.46, a significant improvement of 436.47% compared to -¥15,128,449.91 in the same period last year[7]. - The company's net cash flow from operating activities increased by 66.03 million yuan, a significant rise of 436.47% year-on-year, attributed to reduced operational payments[20]. - The net cash flow from operating activities for the first quarter was ¥67,468,415.49, a decrease of 43.5% compared to ¥119,511,960.52 in the previous period[65]. - Cash received from operating activities included ¥152,877,407.37 from other related activities[65]. - The company reported a net cash flow from investment activities of -¥139,623,420.19, compared to -¥339,042,989.47 in the previous period, indicating a reduction in cash outflow[66]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,432,161,367.60, an 8.50% increase from ¥6,849,667,739.29 at the end of the previous year[7]. - The company's total current assets amounted to ¥3,797,342,781.02, while total non-current assets were ¥3,052,324,958.27, leading to total assets of ¥6,849,667,739.29[70]. - Total liabilities increased to CNY 5,134,618,929.55, up from CNY 4,562,206,231.82, indicating a growth of 12.5%[38]. - The company's total liabilities due within one year decreased by 80 million yuan, a reduction of 60.15%, primarily due to loan repayments by subsidiaries[18]. - Total liabilities amounted to ¥4,562,206,231.82, with non-current liabilities totaling ¥1,353,943,457.52[73]. Shareholder Equity - Net assets attributable to shareholders were ¥2,080,848,597.02, a slight increase of 0.79% from ¥2,064,540,430.13 at the end of the previous year[7]. - The equity attributable to shareholders of the parent company rose to CNY 2,080,848,597.02, up from CNY 2,064,540,430.13, reflecting a growth of 0.8%[40]. - The total equity of the company as of Q1 2019 was CNY 3,128,179,321.16, down from CNY 3,156,508,744.86 at the end of the previous year[47]. - Total equity attributable to shareholders reached ¥2,064,540,430.13, while total equity was ¥2,287,461,507.47[73]. Operational Costs - The company's operating costs rose by 92.75 million yuan, an increase of 11.53%, in line with the growth in sales[19]. - Total operating costs amounted to CNY 1,027,711,313.34, up from CNY 892,769,183.49, reflecting a year-over-year increase of 15.1%[48]. - The total operating costs match the operating revenue at ¥13,250,317.36, indicating a break-even situation[53]. Government Support and Other Income - The company received government subsidies amounting to ¥29,374,397.40 during the reporting period[7]. - The company's other comprehensive income decreased by 2.20 million yuan, a decline of 109.54%, mainly due to the impact of exchange rate fluctuations[18]. - The company reported a decrease in other comprehensive income, with a net amount of CNY -2,200,700.21 for Q1 2019, compared to CNY -3,310,596.03 in Q1 2018[50]. Employee Compensation and Expenses - The company's employee compensation payable increased by 951,200 yuan, a rise of 76.69%, due to unpaid short-term employee compensation at the end of the reporting period[18]. - Management expenses increased to ¥7,512,503.04 from ¥4,882,169.79 in the previous period, reflecting a rise of approximately 53.4%[53]. - Financial expenses decreased to ¥834,883.74 from ¥2,455,067.35, showing a reduction of about 66.1%[53]. Investments and Borrowings - The company's investment income decreased by 1.39 million yuan, a decline of 92.67%, influenced by equity method accounting for investments[19]. - Short-term borrowings increased to CNY 1,670,419,185.00 from CNY 1,624,419,185.00, marking a rise of 2.2%[38]. - Long-term borrowings rose to CNY 623,422,460.31 from CNY 509,271,271.45, indicating an increase of 22.4%[38].