浙江交科(002061) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 4,919,818,852.89, representing a 12.88% increase compared to CNY 4,358,259,312.62 in the same period last year[9] - Net profit attributable to shareholders was CNY 51,063,818.95, a decrease of 82.88% from CNY 298,211,405.76 year-on-year[9] - The net profit after deducting non-recurring gains and losses was CNY 47,899,406.35, down 83.59% from CNY 291,912,071.12 in the previous year[9] - The company's net profit for Q1 2019 was CNY 48,793,034.64, a decrease of 83.63% compared to CNY 297,986,628.85 in Q1 2018[24] - The operating profit for Q1 2019 was CNY 103,591,123.52, down 71.83% from CNY 367,692,688.78 in the same period last year[24] - The total profit for Q1 2019 was CNY 104,308,347.56, reflecting a decline of 71.91% from CNY 371,366,751.52 in Q1 2018[24] - Basic and diluted earnings per share were both CNY 0.04, down 82.61% from CNY 0.23 in the previous year[9] - The weighted average return on equity was 0.71%, a decrease of 4.66% from 5.37% in the same period last year[9] Cash Flow - The net cash flow from operating activities was negative CNY 558,068,457.87, a decline of 259.81% compared to CNY 349,212,051.02 in the same period last year[9] - The cash flow from operating activities for Q1 2019 was negative CNY 558,068,457.87, a significant decrease from CNY 349,212,051.02 in Q1 2018, representing a change of -259.81%[27] - The net cash flow from investing activities decreased by 81.85%, amounting to -22,876,491.64 CNY compared to -126,045,956.11 CNY in the previous period[29] - Cash received from financing activities was 0, a decrease of 100% from 60,330,000.00 CNY in the previous period, primarily due to the absence of non-controlling shareholder investments[29] - The net cash flow from financing activities was -18,726,552.32 CNY, a decrease of 95.73% from -438,554,197.33 CNY in the previous period[29] - The net increase in cash and cash equivalents was -602,131,867.73 CNY, representing a 172.38% increase in cash outflow compared to -221,062,183.21 CNY in the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 27,449,711,831.49, a decrease of 9.02% from CNY 30,170,884,547.20 at the end of the previous year[9] - Total current assets decreased from ¥22.58 billion to ¥19.95 billion, a decline of approximately 11.5%[46] - Total non-current assets decreased from ¥7.59 billion to ¥7.49 billion, a decline of about 1.3%[46] - Total current liabilities decreased from ¥21.58 billion to ¥18.81 billion, a decline of about 12.8%[48] - Total liabilities decreased from ¥22.66 billion to ¥19.89 billion, a decline of approximately 12.2%[48] - Total equity increased from ¥7.51 billion to ¥7.56 billion, an increase of about 0.6%[50] Shareholder Information - Net assets attributable to shareholders were CNY 7,176,264,867.30, an increase of 0.72% from CNY 7,125,201,048.35 at the end of the previous year[9] - The total number of ordinary shareholders at the end of the reporting period was 30,519[14] Investment and Income - The company received CNY 152,879,938.97 in investment income during Q1 2019, a substantial increase of 7415.82% compared to CNY 2,034,109.59 in Q1 2018[27] - The company reported non-recurring gains of CNY 3,164,412.60 during the reporting period[12] - The company recorded investment income of CNY 26,570,528.38, down from CNY 35,632,233.70, indicating a decline in returns from investments[59] Future Outlook - The expected net profit for the first half of 2019 is projected to be between 17,900,000 CNY and 23,900,000 CNY, reflecting a decline of over 50% year-on-year[36] - The company plans to continue expanding its market presence both domestically and internationally, focusing on infrastructure opportunities[36] - The company is actively pursuing strategic transformations to enhance operational efficiency and profitability in the construction sector[36] Other Financial Metrics - Research and development expenses for Q1 2019 were CNY 52,943,703.52, down from CNY 59,555,881.31, indicating a reduction in investment in innovation[59] - The company reported a decrease in tax expenses to CNY 17,348,790.28 from CNY 19,042,820.90, which may indicate a lower tax burden[59] - The company executed new financial instrument standards starting January 1, 2019, impacting the classification and measurement of financial assets[84] - The first quarter report for 2019 was not audited, indicating preliminary financial data[89]