中远海科(002401) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥256,378,526.65, representing a 9.44% increase compared to ¥234,263,890.53 in the same period last year[9]. - The net profit attributable to shareholders for Q1 2019 was ¥25,843,946.95, up 6.72% from ¥24,216,307.06 in the previous year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,532,457.68, reflecting a 5.39% increase from ¥21,381,056.25 year-on-year[9]. - The basic earnings per share for Q1 2019 was ¥0.0852, a 6.63% increase from ¥0.0799 in the same period last year[9]. - The diluted earnings per share for Q1 2019 was also ¥0.0852, reflecting the same 6.63% increase year-on-year[9]. - The company's net profit for the current period is CNY 27,579,504.43, an increase of 7.6% compared to CNY 25,630,775.35 in the previous period[55]. - The total profit for the current period is CNY 32,167,937.73, up from CNY 29,734,552.57, reflecting an increase of 8.9%[55]. - Operating income for the current period is CNY 179,131,228.89, compared to CNY 176,678,476.39 in the previous period, indicating a growth of 1.4%[59]. - The company's basic earnings per share increased to 0.0852 from 0.0799, representing a rise of 4.1%[58]. - The company's operating profit is CNY 32,132,577.73, compared to CNY 29,734,552.57, reflecting an increase of 8.0%[55]. Cash Flow - The net cash flow from operating activities was -¥164,989,231.61, a decline of 128.69% compared to -¥72,146,063.37 in the same period last year[9]. - Net cash flow from operating activities decreased by CNY 92.84 million, a decline of 128.69%, mainly due to increased payments for project execution[22]. - The cash flow from operating activities is CNY 205,155,054.13, down from CNY 247,292,948.11, indicating a decrease of 17.0%[66]. - The net cash flow from operating activities was -147,117,058.95 yuan, compared to -43,300,519.01 yuan in the previous period, indicating a significant decline in operational performance[76]. - Cash inflow from operating activities totaled 141,329,409.00 yuan, down from 201,499,018.76 yuan year-over-year, reflecting a decrease of approximately 30%[74]. - Cash outflow from operating activities reached 288,446,467.95 yuan, an increase from 244,799,537.77 yuan in the prior period, representing a rise of about 18%[77]. - The net cash flow from investment activities was -3,402,856.75 yuan, compared to -59,378,513.52 yuan in the previous period, showing an improvement in investment cash flow[79]. - The company reported a net increase in cash and cash equivalents of -150,608,866.51 yuan, compared to -102,724,150.71 yuan in the previous period, reflecting a worsening cash position[80]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,078,258,547.92, down 3.88% from ¥2,162,147,907.57 at the end of the previous year[9]. - The net assets attributable to shareholders at the end of the reporting period were ¥899,271,119.03, an increase of 2.96% from ¥873,427,172.08 at the end of the previous year[9]. - The total assets decreased to CNY 1,929,845,695.49 from CNY 2,013,448,681.75, a decline of approximately 4.15%[48]. - Current assets totaled CNY 1,601,062,765.75, down from CNY 1,683,307,241.00, representing a decrease of 4.87%[45]. - The company reported a decrease in short-term borrowings, contributing to a reduction in total liabilities from CNY 1,168,721,550.94 to CNY 1,064,805,324.54, a decrease of 8.87%[48]. - The equity attributable to shareholders rose to CNY 865,040,370.95 from CNY 844,727,130.81, an increase of 2.93%[48]. Expenses - Total operating costs amounted to CNY 223,149,597.21, up from CNY 207,001,003.34, reflecting a year-over-year increase of 7.8%[52]. - Management expenses increased by CNY 7.39 million, a growth of 65.53%, mainly due to increased salaries during the period[22]. - R&D expenses increased by CNY 3.07 million, a growth of 74.10%, primarily due to increased R&D expenditures during the period[22]. - Research and development expenses increased to CNY 7,222,106.40 from CNY 4,148,183.26, reflecting a significant growth of 74.8%[52]. - Research and development expenses for the current period are CNY 7,232,192.61, up from CNY 4,148,183.26, marking a significant increase of 74.8%[59]. Government Support and Future Plans - The company reported government subsidies recognized in the current period amounting to ¥335,165.00[9]. - The company plans to expand its market presence and invest in new technologies to drive future growth[44]. Other Financial Metrics - The weighted average return on equity was 2.92%, slightly down from 2.96% in the previous year[9]. - The company experienced a foreign exchange loss of -89,001.69 yuan, compared to -45,118.18 yuan in the previous period, reflecting increased volatility in currency exchange rates[79]. - The cash outflow for purchasing goods and services was 235,389,457.17 yuan, which increased from 185,546,850.35 yuan, marking a rise of about 27%[74]. - The cash paid to employees was 32,971,384.85 yuan, up from 24,803,236.20 yuan, indicating an increase of approximately 33%[74].