北纬科技(002148) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥43,748,713.90, a decrease of 32.25% compared to ¥64,571,125.58 in the same period last year[8] - The net profit attributable to shareholders was ¥5,080,384.22, down 70.09% from ¥16,987,416.01 year-on-year[8] - The net profit after deducting non-recurring gains and losses was -¥1,588,046.16, a decline of 122.79% compared to ¥6,967,402.15 in the previous year[8] - Operating revenue decreased by 32.25% to ¥43,748,713.90, primarily due to the suspension of mobile game license approvals and changes in operator policies[16] - The company expects net profit for the first half of 2019 to decline by over 50% compared to the same period last year, influenced by changes in operator policies and the mobile gaming sector[19] - The net profit for Q1 2019 was CNY 4,001,587.49, down from CNY 16,409,677.68 in Q1 2018, representing a decline of 75.6%[41] - The total comprehensive income for Q1 2019 was CNY 4,001,587.49, significantly lower than CNY 16,409,677.68 in Q1 2018[41] - Basic and diluted earnings per share for Q1 2019 were both CNY 0.01, down from CNY 0.03 in the previous year[41] Cash Flow - The net cash flow from operating activities increased significantly to ¥23,286,898.26, compared to -¥5,668,552.04 in the same period last year, representing a 510.81% improvement[8] - Cash generated from operating activities improved by 510.81% to ¥23,286,898.26, due to timely cash flow from sales[16] - Cash used in investing activities decreased by 1267.25% to -¥95,691,220.86, primarily due to increased purchases of bank wealth management products[16] - Cash generated from financing activities was ¥954,726.00, a significant change from -¥89,496.00 in the previous period[16] - The net cash flow from operating activities was ¥23,286,898.26, a significant improvement compared to a net outflow of ¥5,668,552.04 in the previous period[48] - The company received ¥376,510,000.00 from the recovery of investments, significantly higher than ¥110,000,000.00 in the prior period[48] - Operating cash inflows totaled ¥62,404,932.39, compared to ¥53,340,873.68 in the previous period, reflecting a growth of approximately 19.5%[48] - The total cash outflow from operating activities was ¥39,118,034.13, down from ¥59,009,425.72 in the previous period, showing a reduction of about 33.8%[48] - The cash flow from operating activities net amount was ¥13,404,496.97, a decrease from ¥36,279,926.14 in the previous period[52] - The company experienced a net decrease in cash and cash equivalents of ¥71,528,560.34 during the period, contrasting with an increase of ¥2,168,304.02 in the previous period[49] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,292,365,348.78, an increase of 1.50% from ¥1,273,280,599.24 at the end of the previous year[8] - As of March 31, 2019, total assets amounted to ¥1,292,365,348.78, an increase from ¥1,273,280,599.24 at the end of 2018[30] - Total liabilities amounted to CNY 171,674,275.55, down 19.2% from CNY 212,400,017.03 in the previous year[36] - The total equity attributable to shareholders was CNY 945,672,747.71, an increase from CNY 941,240,925.47 year-over-year[37] - The company's total assets as of March 31, 2019, were CNY 1,117,347,023.26, a decrease from CNY 1,153,640,942.50 at the end of 2018[37] - The total liabilities and equity amounted to CNY 1,117,347,023.26, down from CNY 1,153,640,942.50 in the previous year[37] - The company reported a total liability of CNY 100,536,078.18, with current liabilities comprising CNY 90,200,847.89[56] - Owner's equity reached CNY 1,172,744,521.06, with retained earnings of CNY 372,635,879.72[56] Shareholder Information - The company had a total of 54,657 common shareholders at the end of the reporting period[11] - The top shareholder, Fu Lemin, holds 21.10% of the shares, with 119,613,584 shares, of which 89,710,187 are pledged[11] Expenses - Tax and additional fees increased by 1582.83% to ¥2,565,071.48, mainly due to the reclassification of property tax and land use tax[16] - Management expenses decreased by 41.48% to ¥5,245,402.30, attributed to reduced personnel costs and administrative expenses[16] - Total operating costs for Q1 2019 were CNY 46,438,409.53, down 16.1% from CNY 55,374,237.83 year-over-year[38] - Research and development expenses increased to CNY 9,200,816.29, up 7.1% from CNY 8,588,399.09 in the previous year[38] - Research and development expenses increased to CNY 6,199,822.73, up 24.0% from CNY 4,998,416.01 in the prior year[43] Compliance and Audit - The company has not undergone an audit for the first quarter report, indicating a potential area for future scrutiny[60] - The company has made adjustments in accordance with the new financial instrument standards, reflecting a proactive approach to compliance[60]