奥维通信(002231) - 2019 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2019 was ¥44,493,210.59, a decrease of 10.05% compared to ¥49,465,821.91 in the same period last year[9] - Net profit attributable to shareholders was -¥2,559,043.13, representing a decline of 184.65% from ¥3,023,007.98 year-on-year[9] - The net profit for Q1 2019 was a loss of ¥2,559,043.13, compared to a profit of ¥3,023,007.98 in the same period last year, indicating a significant decline[38] - The operating profit for the current period was a loss of ¥2,449,316.81, down from a profit of ¥6,301,820.68 in the previous year[38] - Basic and diluted earnings per share were both -¥0.0072, down 184.71% from ¥0.0085 in the same period last year[9] Cash Flow - Net cash flow from operating activities was -¥73,544,255.41, a decrease of 439.53% compared to ¥21,660,326.43 in the previous year[9] - Cash flow from operating activities was ¥47,135,687.37, significantly lower than ¥212,067,816.47 in the previous period[45] - Operating cash inflow totaled ¥52,177,462.39, while cash outflow was ¥125,721,717.80, resulting in a net cash flow from operating activities of -¥73,544,255.41[46] - Total cash inflow from operating activities was ¥51,515,437.77, while total cash outflow was ¥125,044,273.27, leading to a net cash flow of -¥73,528,835.50[50] - The company reported a significant decrease in net cash flow from operating activities compared to the previous period, which was ¥21,660,326.43[46] Assets and Liabilities - Total assets increased by 1.68% to ¥787,155,425.37 from ¥774,180,149.13 at the end of the previous year[9] - Total current assets increased to ¥714,779,867.62 as of March 31, 2019, up from ¥699,761,548.44 at the end of 2018, representing a growth of approximately 2.9%[28] - Accounts receivable rose to ¥160,838,180.99, compared to ¥152,868,107.82 at the end of 2018, indicating an increase of about 5.7%[27] - Inventory increased to ¥294,945,907.19 from ¥291,839,504.35, reflecting a growth of approximately 1.1%[27] - Total liabilities increased to ¥238,822,606.30 from ¥223,288,286.93, marking an increase of about 7.0%[29] - The company's total assets reached ¥787,155,425.37, up from ¥774,180,149.13, which is an increase of approximately 1.0%[28] - The company's equity attributable to shareholders decreased to ¥548,332,819.07 from ¥550,891,862.20, a decline of about 0.5%[30] - The company's short-term borrowings remained unchanged, indicating stable financing conditions[29] Expenses - R&D expenses decreased by 64.13% compared to the previous year, primarily due to reduced depreciation on R&D project equipment[16] - Sales expenses decreased by 31.13% year-on-year, mainly due to reduced employee compensation in the sales department[16] - Total operating costs increased to ¥46,734,538.99 from ¥45,133,843.70, marking an increase of about 3.5%[36] - The company reported an asset impairment loss of -¥2,748,186.86, an improvement from -¥10,249,914.00 in the previous year[36] - Asset impairment losses increased by 73.19% compared to the previous year, attributed to decreased collections on accounts receivable[16] Other Income and Cash Management - Other income decreased by 95.46% year-on-year, mainly due to a reduction in government subsidies recognized during the period[16] - Other income for the current period was ¥89,386.54, down from ¥1,969,842.47 in the previous year, indicating a decrease of approximately 95.5%[36] - The total cash and cash equivalents at the end of the period stood at ¥127,615,431.88, down from ¥152,030,855.12 at the beginning of the period[47] - The cash and cash equivalents decreased to ¥129,953,015.94 from ¥156,107,525.35, representing a decline of approximately 16.8%[26] - The company received tax refunds amounting to ¥5,041,775.02 during the reporting period[46] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,152[12] - The company reported a net loss of ¥4,845,706.82 in retained earnings, compared to a loss of ¥2,286,663.69 at the end of 2018, reflecting a worsening financial position[30]