皖通科技(002331) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was CNY 278,648,906.67, representing a 4.37% increase compared to CNY 266,991,988.91 in the same period last year[9] - Net profit attributable to shareholders decreased by 25.70% to CNY 9,476,641.20 from CNY 12,754,018.48 year-on-year[9] - The net profit after deducting non-recurring gains and losses fell by 30.48% to CNY 7,980,604.69 compared to CNY 11,479,778.63 in the previous year[9] - Basic and diluted earnings per share decreased by 32.94% to CNY 0.0230 from CNY 0.0343 in the same period last year[9] - Total operating revenue for Q1 2019 was CNY 278,648,906.67, an increase of 4.9% compared to CNY 266,991,988.91 in Q1 2018[38] - Total operating costs for Q1 2019 were CNY 261,906,285.43, up from CNY 247,082,768.81 in the same period last year, reflecting a year-over-year increase of 6.0%[38] - The net profit for the first quarter of 2019 was CNY 13,087,703.69, down 22.6% from CNY 16,956,659.27 in the previous year[40] - The company's operating profit for the first quarter was CNY 17,448,477.76, a decrease of 18.5% from CNY 21,442,662.41 in the previous year[40] - The total comprehensive income for the first quarter was CNY 13,087,703.69, down 22.6% from CNY 16,956,659.27 in the previous year[40] - The company reported a total profit of CNY 17,480,116.07, a decrease of 18.6% compared to CNY 21,495,949.48 in the same period last year[40] Cash Flow - The net cash flow from operating activities was negative at CNY -136,364,210.30, worsening by 11.64% from CNY -122,148,261.34 year-on-year[9] - The cash flow from operating activities was CNY 287,775,240.91, slightly up from CNY 284,544,799.35 in the previous year[46] - Operating cash inflow totaled CNY 774.1 million, up from CNY 441.5 million year-on-year[47] - Total cash outflow from operating activities reached CNY 910.5 million, compared to CNY 563.7 million in the previous year[47] - The company reported a decrease in cash and cash equivalents by CNY 146 million during the period[48] - Cash outflow from investing activities was CNY 512.1 million, significantly lower than CNY 39.9 million in the previous year[48] - Net cash flow from investing activities was negative CNY 501.6 million, compared to negative CNY 33.2 million in the previous year[48] - Cash inflow from financing activities was CNY 15 million, an increase from CNY 7 million year-on-year[48] - Net cash flow from financing activities was negative CNY 9.1 million, compared to positive CNY 3.3 million in the previous year[48] - The ending balance of cash and cash equivalents was CNY 713.6 million, down from CNY 499.3 million year-on-year[48] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,761,419,138.71, a decrease of 2.66% from CNY 2,837,023,835.92 at the end of the previous year[9] - The company's total assets as of March 31, 2019, amounted to CNY 2,225,324,369.59, slightly up from CNY 2,217,532,195.11 at the end of 2018[34] - Total liabilities decreased to CNY 382,106,918.92 from CNY 405,151,715.89, indicating a reduction of approximately 5.0%[35] - Total liabilities reached CNY 740,600,887.87, while total equity was CNY 2,096,422,948.05[55] - Current liabilities totaled CNY 736,696,556.90, with short-term borrowings at CNY 27,000,000.00 and accounts payable at CNY 490,655,886.06[55] - The company’s non-current assets totaled 903,441,348.05 RMB, down from 911,190,186.78 RMB at the end of 2018[29] - The company’s accounts payable decreased from 490,655,886.06 RMB to 448,608,618.34 RMB[29] Research and Development - R&D expenses significantly increased compared to the same period last year, reflecting the company's commitment to enhancing its research and development efforts[16] - Research and development expenses rose significantly to CNY 16,273,190.88, compared to CNY 9,482,221.92 in Q1 2018, marking an increase of 71.5%[38] - Research and development expenses increased significantly to CNY 9,237,268.33, up 97.5% from CNY 4,671,544.45 in the same period last year[42] Shareholder Information - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] - The first employee stock ownership plan involved a total investment of up to 75 million RMB, with 4,616,241 shares purchased at an average price of 15.87 RMB per share, representing 1.12% of the total share capital[17] - The first employee stock ownership plan was extended for one year until October 12, 2019, allowing for continued participation[19] - The company announced a change in control, with the controlling shareholder changing to Southern Yingu Technology Co., Ltd. as of March 5, 2019[20] Financial Adjustments - The company has adjusted its financial assets classification under the new financial instruments standard, moving "available-for-sale financial assets" to "other non-current financial assets"[56] - The first quarter report was not audited, indicating preliminary figures[60]