东晶电子(002199) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥44,482,375.26, representing a decrease of 8.30% compared to ¥48,506,773.50 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥4,964,363.92, an improvement of 23.16% from a loss of ¥6,460,618.60 in the previous year[7]. - The basic and diluted earnings per share were both -¥0.0204, showing an improvement of 23.02% from -¥0.0265 in the same period last year[7]. - The weighted average return on equity was -1.31%, slightly improved from -1.41% in the previous year[7]. - The estimated net profit for the first half of 2019 is projected to be between -15 million and -5 million RMB, compared to a net profit of -10.37 million RMB in the same period of 2018, indicating continued operational losses[22]. - The net profit for the first quarter of 2019 was -1,249,191.01 CNY, compared to -774,697.03 CNY in the same period last year, indicating a decline in profitability[46]. - The basic and diluted earnings per share were both -0.0051 CNY, worsening from -0.0032 CNY year-over-year[46]. - The company reported a total comprehensive income of -1,249,191.01 CNY for the quarter, reflecting ongoing challenges in financial performance[46]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 362.75%, reaching ¥6,228,227.11 compared to ¥1,345,917.64 in the same period last year[7]. - Cash flow from operating activities increased by 362.75% to ¥6,228,227.11 compared to the same period last year[18]. - Cash inflows from operating activities totaled 40,210,326.31 CNY, an increase from 37,092,355.30 CNY in the previous year[49]. - The net cash flow from operating activities was 6,228,227.11 CNY, significantly higher than 1,345,917.64 CNY in the same quarter last year[49]. - The net increase in cash and cash equivalents was ¥4,671,171.24, a 141.77% increase, attributed to the recovery of advanced payments and reduced fixed asset acquisition payments[18]. - The company's cash and cash equivalents increased to 52.50 million RMB from 48.48 million RMB at the end of 2018, reflecting improved liquidity[32]. - The cash and cash equivalents at the end of the period increased to 45,642,340.94 CNY from 31,074,046.66 CNY year-over-year[50]. Assets and Liabilities - The total assets at the end of the reporting period were ¥526,612,679.61, which is a 10.13% increase from ¥478,193,288.51 at the end of the previous year[7]. - Total assets as of the end of Q1 2019 were CNY 485,224,634.44, an increase from CNY 476,543,564.40 at the end of the previous year[40]. - Total current liabilities increased to 144.27 million RMB from 90.74 million RMB, showing a significant rise in short-term obligations[34]. - Total liabilities for Q1 2019 amounted to CNY 46,529,928.06, up from CNY 36,599,667.01 in the same period last year[39]. - The total equity attributable to shareholders of the parent company decreased to 376.79 million RMB from 381.75 million RMB[35]. - The company's equity attributable to shareholders was CNY 381,752,539.18, reflecting a negative retained earnings of CNY -396,072,309.77[56]. Shareholder Information - The total number of shareholders at the end of the reporting period was 7,935, with the top ten shareholders holding significant stakes[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[26]. Other Financial Metrics - The company reported non-operating income of ¥1,543,308.70, primarily from government subsidies and other income sources[8]. - Other income increased by 571.19% to ¥1,360,168.46, mainly due to an increase in government subsidies recognized in the current period[17]. - Research and development expenses for Q1 2019 were CNY 2,977,568.90, a decrease from CNY 3,236,741.47 in Q1 2018[41]. - The company reported a credit impairment loss of CNY -209,667.53 in Q1 2019, with no such loss reported in Q1 2018[41]. - The company has implemented new financial and leasing standards, resulting in adjustments to its financial statements[59].