成飞集成(002190) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥480,858,376.81, representing a 37.18% increase compared to ¥350,531,972.72 in the same period last year[8]. - The net profit attributable to shareholders was -¥28,969,900.13, a decrease of 17.46% from -¥24,662,689.27 year-on-year[8]. - The basic earnings per share were -¥0.0808, a decline of 17.44% compared to -¥0.0688 in the same period last year[8]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, amounting to -¥33,577,414.96, which is a 7.63% decline from -¥31,195,810.48[8]. - The net profit for the current period is 1,736,553.43, a decrease of 53.4% compared to 3,730,383.40 from the previous period[73]. - Total comprehensive income for the current period is 1,736,553.43, down from 3,763,227.40 in the previous period[76]. - The company reported a gross profit margin of approximately 17.5%, down from the previous period's margin, indicating increased cost pressures[62]. Cash Flow - The net cash flow from operating activities improved significantly, reaching -¥30,967,431.24, an 84.84% increase from -¥204,313,989.00 in the previous year[8]. - Cash flow from operating activities shows a net outflow of -30,967,431.24, compared to -204,313,989.00 in the previous period, indicating an improvement[80]. - Cash inflow from operating activities totaled 556,777,009.83, an increase from 363,509,872.71 in the previous period[80]. - Cash outflow from operating activities was 587,744,441.07, slightly up from 567,823,861.71 in the previous period[80]. - Cash flow from investing activities resulted in a net outflow of -194,323,621.70, compared to -116,287,690.66 in the previous period[83]. - Cash flow from financing activities showed a net outflow of -275,859,718.40, compared to a significant inflow of 1,196,418,987.29 in the previous period[83]. - The ending balance of cash and cash equivalents is 1,014,578,129.38, down from 2,481,335,982.22 in the previous period[83]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,986,186,521.87, down 3.40% from ¥9,302,533,584.65 at the end of the previous year[8]. - Total current assets decreased from 4,409,866,758.20 to 4,103,759,860.19, a decline of approximately 6.9%[45]. - Total non-current assets slightly decreased from 4,892,666,826.45 to 4,882,426,661.68, a decrease of about 0.2%[45]. - Total liabilities decreased from 4,480,103,908.67 to 4,252,902,432.88, a decline of about 5.1%[48]. - Total equity decreased from 4,822,429,675.98 to 4,733,284,088.99, a decrease of approximately 1.9%[51]. - Long-term borrowings decreased from 577,988,100.00 to 423,058,275.00, a decrease of approximately 26.8%[48]. Operational Costs and Expenses - Operating costs rose by 13,055 million yuan, a growth of 43.15% year-on-year, primarily due to the strategic transformation of AVIC Lithium Battery and increased production volume[29]. - Research and development expenses increased by 1,307 million yuan, a growth of 36.70% year-on-year, reflecting increased investment to enhance product competitiveness[29]. - Management expenses rose by 2,732 million yuan, a growth of 105.60% year-on-year, due to personnel increases and higher labor costs from hiring high-end talent[29]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,941, with the largest shareholder, China Aviation Industry Corporation, holding 53.17% of the shares[12]. Government Support - The company received government subsidies amounting to ¥9,912,612.23 during the reporting period[8]. Future Plans - The company plans to restructure its lithium battery business assets to improve asset quality and enhance competitive capabilities[30]. - The company plans to continue focusing on market expansion and product development to improve future performance[64].