浔兴股份(002098) - 2019 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2019 was CNY 357,378,403.42, a decrease of 33.10% compared to CNY 534,214,883.89 in the same period last year[10] - Net profit attributable to shareholders was a loss of CNY 6,220,635.52, representing a decline of 288.76% from a profit of CNY 3,295,559.72 in the previous year[10] - Basic and diluted earnings per share were both CNY -0.0174, a decrease of 274.00% compared to CNY 0.010 in the previous year[10] - The company experienced a decrease in operating income of CNY 176,836,500, a decline of 33.10%, attributed to lower revenue from its subsidiary[19] - The net profit for the first quarter was a loss of CNY 118,272.37, an improvement from a loss of CNY 3,572,739.95 in the same period last year[46] - The total comprehensive income attributable to the parent company was a loss of CNY 6,240,512.40, compared to a profit of CNY 3,265,646.23 in the previous period[46] Cash Flow and Operating Activities - Operating cash flow increased significantly to CNY 30,982,451.11, up 687.99% from CNY 3,931,837.76 in the same period last year[10] - The net cash flow from operating activities increased by CNY 27.05 million, a growth of 687.99%, primarily due to faster collection of payments compared to the same period last year[20] - Operating cash flow for the first quarter was CNY 50,973,386.02, a significant increase compared to CNY 1,616,917.80 in the same period last year, reflecting a growth of approximately 3041%[54] - Total cash inflow from operating activities reached CNY 238,893,109.57, up from CNY 139,678,880.78, representing an increase of about 71% year-over-year[54] - Cash inflow from operating activities totaled CNY 451,748,891.68, down from CNY 599,164,325.09 in the previous period[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,130,497,189.12, a slight decrease of 0.54% from CNY 2,142,044,125.10 at the end of the previous year[10] - The company’s net assets attributable to shareholders decreased to CNY 552,561,917.88, down 1.58% from CNY 561,423,672.62 at the end of the previous year[10] - Total liabilities amounted to CNY 1,459,606,410.01, compared to CNY 1,458,213,105.30 at the end of 2018[33] - The total equity attributable to shareholders of the parent company was CNY 552,561,917.88, down from CNY 561,423,672.62 at the end of 2018[34] - The company’s total assets were reported at CNY 2,142,044,125.10, consistent with the previous year, indicating no significant changes in asset structure[59] Investments and Expenditures - The company reported R&D expenses of CNY 10.52 million for Q1 2019, with no prior quarter data available for comparison[40] - Research and development expenses amounted to CNY 6,527,887.61, indicating ongoing investment in innovation[45] - The company reported a net cash outflow from investment activities of CNY -39,698,086.16, compared to CNY -38,284,261.26 in the previous year, indicating a slight increase in investment expenditures[51] - The company’s investment activities included cash outflows of CNY 216,309,845.71, which is a substantial increase from CNY 29,546,386.15 in the prior year, highlighting increased capital expenditures[55] Financial Position and Shareholder Activities - The company did not engage in any repurchase transactions among its top shareholders during the reporting period[16] - The company reported no violations regarding external guarantees during the reporting period[25] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[26] - The company did not engage in any research, communication, or interview activities during the reporting period[27] - The first quarter report for 2019 was not audited, indicating preliminary financial data[65] Current and Non-Current Assets - As of March 31, 2019, total current assets amounted to CNY 1,066,836,154.16, slightly up from CNY 1,059,756,917.64 at the end of 2018[32] - Total current assets amounted to CNY 505,217,754.02 as of December 31, 2018[61] - Total non-current assets reached CNY 1,295,702,038.59, contributing to a total asset value of CNY 1,800,919,792.61[62] Borrowings and Financial Expenses - The company's short-term borrowings increased to CNY 484 million from CNY 462 million at the end of 2018[32] - Short-term borrowings increased to CNY 484 million from CNY 454 million, reflecting a rise of 6.6%[38] - The company raised CNY 107,000,000.00 through borrowings during the quarter, compared to CNY 299,830,379.75 in the previous year, showing a decrease in financing activities[51] - The net cash flow from financing activities was CNY 15,061,360.12, down from CNY 22,981,229.29, indicating a decline in cash generated from financing[51] - The company reported a financial expense of CNY 15,286,708.91, which includes interest expenses of CNY 14,687,982.89[45]