建设工业(002265) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥174,704,083.18, a decrease of 21.08% compared to the same period last year[9]. - The net profit attributable to shareholders was -¥4,821,170.41, representing a decline of 237.86% year-over-year[9]. - The net cash flow from operating activities decreased by 81.47% to ¥11,799,130.32 compared to the previous year[9]. - The basic earnings per share were -¥0.0151, down 237.27% from ¥0.0110 in the same period last year[9]. - The decline in performance is attributed to a significant decrease in the production and sales of key automotive components, leading to reduced revenue[36]. - The automotive market has experienced an overall decline in vehicle sales, negatively impacting the company's connecting rod products, which are essential for automotive engines[36]. - The net profit for the current period was a loss of ¥4,827,249.30, compared to a profit of ¥3,343,239.65 in the previous period[64]. - The net profit for the current period is -¥2,629,089.48, compared to a net profit of ¥3,847,043.45 in the previous period, indicating a significant decline[74]. - The total comprehensive income for the current period is -¥4,821,170.41, compared to ¥3,497,055.65 in the previous period[70]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,378,128,281.14, a decrease of 1.14% from the end of the previous year[9]. - The total assets amounted to ¥1,393,990,740.16, with non-current assets at ¥703,563,727.21[93]. - The total liabilities of the company were CNY 474,794,890.86, down from CNY 486,205,340.26, representing a decrease of about 2.5%[48]. - Total liabilities increased to ¥281,624,708.67 from ¥272,170,397.08, marking a rise of 4.83%[61]. - The company's equity attributable to shareholders decreased to CNY 901,964,351.73 from CNY 906,410,282.46, reflecting a decline of approximately 0.5%[50]. - Owner's equity totaled ¥907,785,399.90, with a negative retained earnings of ¥-19,645,422.69[93]. Cash Flow - The net increase in cash and cash equivalents decreased by 112.28% year-over-year, attributed to reduced cash inflows and increased total expenditures[22]. - Cash flow from operating activities generated a net cash inflow of ¥11,799,130.32, a decrease from ¥63,663,597.80 in the previous period[80]. - Operating cash inflow totaled ¥56,112,920.87, down from ¥134,049,098.41 in the previous period, representing a decrease of approximately 58%[86]. - The ending balance of cash and cash equivalents was ¥70,043,699.34, down from ¥116,678,788.32 in the previous period, reflecting a decrease of approximately 40%[89]. - The company reported a cash and cash equivalents net decrease of ¥12,266,999.91, contrasting with an increase of ¥53,663,100.94 in the prior period[89]. Expenses and Costs - Financial expenses increased by 135.98% year-over-year, primarily due to an increase in interest-bearing liabilities[22]. - The company reported a significant increase in accounts payable, rising to ¥84,150,112.92 from ¥70,382,685.09, an increase of 19.58%[58]. - Sales expenses increased to ¥2,439,014.13 from ¥1,926,381.80 in the previous period, indicating higher marketing costs[70]. - The company reported a decrease in management expenses to ¥12,550,361.35 from ¥19,135,584.09 in the previous period, suggesting cost control measures[70]. - Rising raw material prices and increased labor costs have contributed to higher manufacturing costs for the company's products[36]. Commitments and Requests - The company has formally requested compensation of 3,379,138.09 CNY from performance commitment parties for unfulfilled commitments[35]. - The performance commitment parties include Jiangsu Agricultural Reclamation Group Co., Ltd., Guizhou Changzheng Tiancai Holdings Co., Ltd., and others[35]. - The company is actively urging the performance commitment parties to dispose of related operational assets of Jiangsu Galaxy Machinery Co., Ltd.[30]. Other Information - The company has not reported any violations regarding external guarantees during the reporting period[37]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[38]. - The company has not engaged in any research, communication, or interview activities during the reporting period[39]. - The company has not undergone an audit for the first quarter report[99]. - The company has implemented new financial and leasing standards, with no retrospective adjustments made to prior comparative data[99].