延华智能(002178) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥195,417,691.56, a decrease of 36.97% compared to ¥310,016,027.68 in the same period last year[8] - The net profit attributable to shareholders was -¥34,620,909.55, representing a decline of 1,324.35% from ¥2,827,699.11 in the previous year[8] - Total revenue for the reporting period decreased by 36.88% compared to the same period last year, primarily due to delays in project construction and settlement progress caused by the Spring Festival holiday in early February[16] - Net profit for the period was a loss of ¥46,237,499.33 compared to a profit of ¥1,183,228.05 in the previous period, indicating a significant downturn[44] - The company reported a net loss of CNY 195,410,631.00, compared to a loss of CNY 160,789,721.45 in the previous period[36] - The company experienced a total comprehensive loss of ¥46,237,499.33 compared to a comprehensive income of ¥1,183,228.05 in the previous period[45] Cash Flow - The net cash flow from operating activities was -¥117,782,265.29, an improvement of 15.80% compared to -¥139,877,014.13 in the same period last year[8] - The company's operating cash inflow for the current period is CNY 329,153,621.01, down 16.2% from CNY 392,859,022.89 in the previous period[52] - The total cash outflow from operating activities is CNY 446,935,886.30, a decrease of 16.1% compared to CNY 532,736,037.02 in the previous period[53] - The net cash flow from investment activities is CNY 3,981,395.85, a significant recovery from CNY -9,941,681.65 in the previous period[53] - The cash inflow from financing activities is CNY 26,982,253.70, down 52.8% from CNY 57,152,467.88 in the previous period[53] - The net cash flow from financing activities increased by 242.17% compared to the previous year, primarily due to a decrease in the repayment of maturing bank loans[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,844,126,100.26, down 8.06% from ¥2,005,755,182.81 at the end of the previous year[8] - Current liabilities decreased from CNY 949,912,485.07 to CNY 830,846,989.59, a reduction of about 12.54%[35] - The total liabilities decreased from CNY 975,525,669.06 to CNY 858,896,585.83, a decline of about 12.00%[35] - The company's equity attributable to shareholders decreased from CNY 841,632,793.86 to CNY 807,011,884.31, a drop of approximately 4.12%[36] - The total non-current assets decreased from CNY 391,364,480.72 to CNY 379,971,844.41, a decline of about 2.00%[34] Investments and Expenditures - Long-term equity investments decreased by 77.72%, mainly due to the recovery of investments in certain companies[15] - Development expenditures increased by 100%, attributed to investments in smart healthcare and energy-saving software development[15] - Investment income decreased by 93.46% compared to the same period last year, mainly due to the disposal of an associate company in the previous year[16] - Research and development expenses were ¥18,836,357.76, slightly down from ¥19,788,419.79, reflecting a decrease of about 5%[42] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 63,982, with the top ten shareholders holding a combined 56.77% of shares[11] - The company did not engage in any repurchase transactions during the reporting period[12] Other Income and Expenses - Other income increased by 72.86% year-on-year, primarily due to an increase in government subsidies recognized in the current period[16] - Other income for the period was ¥1,998,857.51, up from ¥1,156,376.97, showing an increase of approximately 73%[42] - Asset impairment losses increased by 620.53% year-on-year, primarily due to the provision for bad debts on accounts receivable and other receivables[16] - The company reported an asset impairment loss of ¥15,818,847.55, compared to a gain of ¥3,038,978.82 in the previous period[42] Contracts and Guarantees - The company provided a loan guarantee for its subsidiary, Xianfeng Zhicheng Network Technology Co., Ltd., for a loan of RMB 28 million[18] - The company won a bid for the intelligent system project of the Jingzhou Central Hospital, with a contract amount of RMB 73.37 million[21]