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赫美集团(002356) - 2019 Q1 - 季度财报
HMJTHMJT(SZ:002356)2019-04-29 16:00

Financial Performance - The company's total revenue for Q1 2019 was ¥283,856,995.02, a decrease of 54.76% compared to the same period last year[7]. - The net profit attributable to shareholders was -¥110,233,821.60, representing a decline of 578.85% year-over-year[7]. - The basic earnings per share were -¥0.2089, down 576.94% from ¥0.0438 in the same period last year[7]. - The net loss for the current period is ¥209,445,542.81, compared to a net profit of ¥40,239,973.70 in the previous period, indicating a significant decline[52]. - Total comprehensive income for the first quarter was -45,557,480.02 CNY, compared to -34,861,103.03 CNY in the previous year, indicating a decline[61]. Cash Flow - The net cash flow from operating activities was -¥5,792,878.89, but improved by 97.55% compared to the previous year[7]. - Cash inflow from operating activities totaled 622,705,858.06 CNY, down from 1,907,766,154.60 CNY year-over-year[64]. - Cash outflow from operating activities was 628,498,736.95 CNY, compared to 2,144,404,623.76 CNY in the previous year, resulting in a net cash flow from operating activities of -5,792,878.89 CNY[64]. - The ending balance of cash and cash equivalents was 352,216,263.01 CNY, compared to 176,467,635.40 CNY in the previous year, showing an increase[66]. - The company reported a significant decrease in cash flow from financing activities, with cash inflow totaling 204,279,700.40 CNY, down from 332,963,307.33 CNY in the previous year[66]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,083,087,721.71, a decrease of 5.90% from the end of the previous year[7]. - The net assets attributable to shareholders decreased by 71.81% to ¥43,268,566.07 compared to the previous year[7]. - The total liabilities of the company were reported at 2,593,652,484.53 CNY, with short-term borrowings at 1,027,750,710.36 CNY, down from 1,118,701,734.62 CNY, indicating a reduction of about 8.1%[38]. - The total owner's equity was reported at CNY -161,346,844.50, compared to CNY 48,098,698.31 in the previous period, indicating a significant decline[42]. - The total owner's equity attributable to the parent company decreased to CNY 43,268,566.07 from CNY 153,502,387.67, a decline of about 71.8%[42]. Operating Costs and Expenses - The company's operating costs were ¥184,529,600, a decrease of 33.25% year-over-year[18]. - Sales expenses were ¥36,419,100, down 70.35% compared to the same period last year[18]. - Management expenses were ¥33,618,100, a decrease of 62.76% year-over-year[18]. - Total operating costs decreased to ¥530,766,810.45 from ¥599,960,223.23, reflecting a reduction of 11.5%[50]. - Research and development expenses decreased to ¥4,423,360.07 from ¥5,444,900.73, a reduction of 18.7%[50]. Mergers and Acquisitions - The company planned to absorb and merge with Hero Entertainment Technology Co., Ltd., with Hero's net assets accounting for 233.94% of the company's latest audited net assets[19]. - The board of directors approved the merger and related transactions on March 1, 2019, but the core transaction conditions were not met, leading to the termination of the agreement[20][22]. - The termination of the major asset restructuring will not adversely affect the company's operations, and it will continue to seek new development opportunities[23]. - The board decided to terminate the restructuring due to uncertainties and the need to control acquisition costs and risks[23]. Investor Relations and Market Activities - The company has not conducted any investor relations activities during the reporting period[32]. - The company has indicated plans for market expansion and new product development in future quarters[52]. - The company disclosed various announcements related to the restructuring process on its designated information disclosure platforms[24]. Compliance and Reporting - The first quarter report was not audited[71]. - The company has not applied the new financial instruments, revenue, and leasing standards for the first-time execution adjustments[71]. - There are no retrospective adjustments for prior comparative data under the new financial instruments and leasing standards[71].