宏达高科(002144) - 2019 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2019 was CNY 128,602,434.64, a decrease of 1.10% compared to CNY 130,032,411.78 in the same period last year[10] - Net profit attributable to shareholders increased by 7.14% to CNY 22,776,614.46 from CNY 21,259,549.89 year-on-year[10] - Net profit for Q1 2019 was CNY 22,204,895.93, an increase of 5.3% compared to CNY 21,084,986.85 in Q1 2018[42] - The company's operating revenue for the current period is CNY 87,360,822.37, an increase of 2.68% compared to CNY 85,074,300.13 in the previous period[44] - The net profit for the current period is CNY 19,920,932.56, down 20.83% from CNY 24,978,060.54 in the previous period[46] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 5,866,464.95, a 118.02% increase from a negative CNY 32,554,300.10 in the previous year[10] - The net cash flow from operating activities was -13,761,389.45, a decrease from 8,139,256.08 in the previous period, indicating a significant decline in operational performance[54] - Total cash inflow from operating activities was 55,920,663.31, down 42.4% from 96,914,381.90 in the previous period[54] - Cash outflow from operating activities totaled 69,682,052.76, a decrease of 21.5% compared to 88,775,125.82 in the previous period[54] - The cash flow from operating activities for the current period is CNY 5,866,464.95, a significant improvement from a negative cash flow of CNY 32,554,300.10 in the previous period[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,929,559,090.53, a decrease of 0.71% from CNY 1,943,390,589.52 at the end of the previous year[10] - The company's total assets increased to CNY 1,854,204,956.08 from CNY 1,842,338,457.12, reflecting a growth of 0.6%[39] - Total liabilities decreased to CNY 213,585,734.45 from CNY 275,634,679.37, reflecting a reduction of about 22.5%[33] - Total liabilities decreased to CNY 136,973,149.92 from CNY 171,040,133.52, a reduction of approximately 19.8%[38] - The company's current assets decreased to CNY 564,454,331.07 from CNY 607,561,424.69, indicating a decline of approximately 7.8%[32] Equity and Shareholder Value - Net assets attributable to shareholders increased by 2.93% to CNY 1,713,830,534.15 from CNY 1,665,041,369.69 at the end of the previous year[10] - The company's equity attributable to shareholders increased to CNY 1,713,830,534.15 from CNY 1,665,041,369.69, an increase of approximately 2.9%[34] - The total equity attributable to shareholders was 1,665,041,369.69, indicating stability in shareholder value[59] Expenses - Sales expenses decreased by 41.41% to CNY 4,350,548.92 from CNY 7,425,628.46 year-on-year[18] - Financial expenses decreased significantly by 64.50% to CNY 1,094,373.20 from CNY 3,082,702.97 in the previous year[18] - Total operating costs decreased to CNY 111,673,811.10 from CNY 125,201,006.84, representing a reduction of approximately 10.8%[40] - The company reported a decrease in operating costs to CNY 53,377,984.34 from CNY 57,107,476.49, a reduction of 6.39%[44] Other Income and Investment - Other income from government subsidies increased by 101.88% to CNY 2,184,584.88 compared to CNY 1,082,114.21 in the previous year[18] - The company reported a significant increase in other comprehensive income, with a net amount of CNY 26,012,550.00 compared to a loss of CNY 45,071,250.00 in the previous year[42] - The company has reported a significant increase in other income to CNY 17,700.00 from CNY 399,500.00 in the previous period[44] Inventory and Receivables - The accounts receivable decreased to CNY 148,097,511.18 from CNY 175,562,977.44, representing a reduction of about 15.7%[31] - The company's inventory also saw a decline, dropping to CNY 81,839,711.67 from CNY 91,146,848.37, a decrease of approximately 10.2%[31] - Inventory levels dropped significantly from CNY 25,806,128.15 to CNY 15,443,585.54, a decrease of about 40.2%[37] Financial Position - The fair value of financial assets measured at fair value was reported at CNY 136,946,104.39, with an initial investment cost of CNY 38,804,181.73[24] - 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] Audit and Compliance - The first quarter report has not been audited[62]