凯瑞德(002072) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥2,426,179.21, a decrease of 94.27% compared to ¥42,306,896.51 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥3,831,475.22, an improvement of 26.30% from a loss of ¥5,201,737.79 in the previous year[9] - The net cash flow from operating activities was negative at ¥2,153,796.92, a decline of 147.27% compared to ¥4,556,200.94 in the same period last year[9] - The basic earnings per share were -¥0.0218, showing a 26.40% improvement from -¥0.0296 in the previous year[9] - The net profit for the first half of 2019 is expected to be between -1,000 and -500 thousand yuan, indicating a potential loss compared to a net profit of -977.97 thousand yuan in the same period of 2018[24] - The net loss for the company in Q1 2019 was CNY 3,831,275.22, compared to a net loss of CNY 4,200,000.00 in Q1 2018, showing a slight improvement in performance[40] - The total profit for Q1 2019 was -3,831,475.22 CNY, compared to -4,601,829.88 CNY in the previous year, indicating a year-over-year improvement of approximately 16.7%[42] - The total comprehensive income for Q1 2019 was -3,831,475.22 CNY, compared to -5,201,737.79 CNY in the previous period, representing a 26.3% improvement[43] Assets and Liabilities - Total assets at the end of the reporting period were ¥433,855,546.85, a slight decrease of 0.11% from ¥434,331,745.49 at the end of the previous year[9] - The total liabilities as of March 31, 2019, were CNY 742,243,999.85, an increase from CNY 738,801,505.77 at the end of 2018, reflecting a rise of approximately 0.60%[38] - The company's total equity as of March 31, 2019, was CNY 61,457,581.19, down from CNY 64,749,817.08 at the end of 2018, representing a decrease of approximately 5.34%[39] - The company reported a total asset value of 434,331,745.49 yuan, with total liabilities amounting to 623,864,060.01 yuan[58] - The company’s total equity was reported at -189,532,314.52 yuan, indicating a negative equity position[58] - The company had a negative retained earnings of -595,413,941.49 yuan, reflecting accumulated losses[58] Cash Flow - The company's cash and cash equivalents decreased to 1,583,811.95 yuan from 3,738,201.39 yuan at the end of 2018, reflecting a decline of approximately 57.6%[31] - The cash and cash equivalents decreased by 2,154,389.44 yuan during the period, with an ending balance of 1,551,538.91 yuan[51] - The total cash inflow from financing activities was 5,207,500.00 yuan, while the cash outflow was 5,208,092.52 yuan, resulting in a net cash flow of -592.52 yuan[55] - The total cash inflow from operating activities was 3,332,614.39 yuan, with cash outflows of 5,864.83 yuan[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,602[11] - The company has not conducted any repurchase transactions among its top shareholders during the reporting period[12] - The company signed a contract with its largest shareholder to settle a debt of ¥277,228,699.00, which will relieve the company from the payment obligation related to asset transfer[16] - The company has not been able to contact Mr. Zhang Peifeng regarding his commitment to increase shareholding, which was not fulfilled within the promised timeframe[24] Operational Insights - The decline in operating revenue was attributed to the exclusion of a subsidiary from the consolidated financial statements due to a decrease in ownership from 51% after capital increase[15] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[26] - The company has committed to not engaging in competition with Zhejiang Fifth Season Industrial Co., Ltd., which has been fulfilled during the reporting period[22] - There were no violations of external guarantees during the reporting period[25] - The company has not received any conclusive opinions or decisions from the China Securities Regulatory Commission regarding ongoing investigations related to information disclosure violations[21] Expenses - The total operating costs for Q1 2019 amounted to CNY 6,257,454.43, down from CNY 46,507,012.91 year-over-year, indicating a reduction of about 86.52%[40] - Management expenses decreased to 440,803.93 CNY in Q1 2019 from 841,319.01 CNY in the previous year, indicating a reduction of approximately 47.6%[45] - Financial expenses for Q1 2019 were 2,851,431.96 CNY, down from 3,339,113.45 CNY in the previous year, reflecting a decrease of about 14.6%[45] - The company incurred research and development expenses of CNY 251.69 in Q1 2019, reflecting ongoing investment in innovation despite the overall financial challenges[40] Other Financial Metrics - The company's retained earnings showed a deficit of CNY -344,481,867.88 as of March 31, 2019, compared to a deficit of CNY -341,189,631.99 at the end of 2018, indicating a worsening position[39] - The company reported a significant increase in other payables, totaling CNY 426,573,295.22 in Q1 2019, compared to CNY 423,044,561.27 in the previous period, marking an increase of about 0.59%[38] - The company reported a significant increase in other receivables, totaling 346,794,173.54 yuan[58]