新北洋(002376) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥552,366,893.06, representing a 3.14% increase compared to ¥535,554,699.88 in the same period last year[9] - The net profit attributable to shareholders decreased by 9.38% to ¥70,342,238.81 from ¥77,624,861.55 year-on-year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 16.45% to ¥64,066,641.19 compared to ¥76,676,889.67 in the previous year[9] - Basic earnings per share decreased by 8.33% to ¥0.11 from ¥0.12 year-on-year[9] - The company's net profit attributable to shareholders was CNY 40,906,882.85, reflecting a growth of 12.5% year-on-year[36] - The net profit for Q1 2019 was CNY 75,061,595.92, down 7.7% from CNY 81,310,400.41 in Q1 2018[39] - The total comprehensive income for Q1 2019 was CNY 74,459,690.81, a decrease of 8.5% from CNY 80,959,820.09 in Q1 2018[39] - The total profit for Q1 2019 was CNY 87,962,280.46, a decrease of 10.4% from CNY 98,310,355.72 in Q1 2018[39] Cash Flow - The net cash flow from operating activities was negative at -¥56,302,222.15, a decline of 262.01% from -¥15,552,582.19 in the same period last year[9] - The net cash flow from operating activities was -56,302,222.15 CNY, compared to -15,552,582.19 CNY in the previous period, indicating a decline in operational performance[46] - The company reported a net cash flow from operating activities of 10,382,420.49 CNY, a recovery from -40,816,278.80 CNY in the previous period, suggesting improved operational cash generation[50] - Total cash inflow from investment activities was 195,042,499.05 CNY, down from 350,918,253.91 CNY in the previous period, reflecting reduced investment returns[47] - The net cash flow from financing activities was -15,803,054.07 CNY, a significant decrease from 477,789,044.01 CNY in the previous period, highlighting challenges in financing[47] - The total cash and cash equivalents at the end of the period were 631,665,763.70 CNY, down from 1,073,390,267.15 CNY in the previous period, indicating a liquidity squeeze[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,645,395,098.64, down 0.86% from ¥4,685,798,006.80 at the end of the previous year[9] - Total assets as of March 31, 2019, amounted to 4,645,395,098.64 yuan, a decrease from 4,685,798,006.80 yuan at the end of 2018[28] - Total liabilities decreased from 1,207,079,447.67 yuan to 1,092,977,320.16 yuan, reflecting a reduction in short-term borrowings and other liabilities[29] - The company reported a total liability of CNY 727,394,970.19, down from CNY 766,388,035.63, a decrease of 5.1%[34] - Total liabilities reached CNY 1,207,079,447.67, with current liabilities at CNY 1,173,141,064.32 and non-current liabilities at CNY 33,938,383.35[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,424[13] - The largest shareholder, Weihai Beiyang Electric Group Co., Ltd., holds 13.93% of the shares, amounting to 92,738,540 shares[13] Investments and Expenses - Research and development expenses increased to CNY 70,550,640.64, representing a rise of 15.5% compared to CNY 60,906,824.70 in Q1 2018[36] - Financial expenses decreased by 53.03% compared to the same period last year, mainly due to increased exchange gains from currency fluctuations[18] - Investment income increased by 101.86% compared to the same period last year, primarily due to increased net profits from joint ventures[18] - The financial expenses for Q1 2019 were CNY 6,827,683.25, down from CNY 12,142,008.47 in Q1 2018, reflecting a decrease of 43.5%[40] Compliance and Standards - The company is in compliance with the new financial instrument and lease standards, with adjustments made to prior period comparative data[60] - The first quarter report has not been audited, which may affect the reliability of the financial data presented[60]