盛路通信(002446) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 404,543,670.67, representing an increase of 8.65% compared to CNY 372,341,713.11 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2019 was CNY 67,347,118.24, up 11.93% from CNY 60,168,758.60 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was CNY 58,827,122.53, reflecting a significant increase of 23.69% compared to CNY 47,559,078.78 in the previous year[8]. - Total operating revenue for the current period reached ¥404,543,670.67, an increase of 8.3% compared to ¥372,341,713.11 in the previous period[59]. - Net profit for the current period was ¥67,042,552.58, representing a 12.8% increase from ¥59,357,810.02 in the previous period[62]. - The total comprehensive income for the current period was 25,889,637.63, compared to 16,520,162.73 in the previous period, showing an increase of about 56.5%[72]. Cash Flow - The net cash flow from operating activities was CNY 7,336,785.46, a turnaround from a negative cash flow of CNY -94,233,276.94 in the same period last year, marking a 107.79% improvement[8]. - Cash inflows from operating activities totaled 481,738,462.21, compared to 302,641,213.43 in the previous period, marking a growth of approximately 59.2%[76]. - Cash outflows from operating activities were 474,401,676.75, compared to 396,874,490.37 in the previous period, resulting in a net cash flow from operating activities of 7,336,785.46[76]. - The cash flow from investing activities showed a net outflow of -156,311,527.77, compared to -33,790,723.19 in the previous period, indicating increased investment activity[79]. - The cash flow from financing activities resulted in a net inflow of 110,653,644.26, compared to a net outflow of -2,079,833.93 in the previous period, reflecting improved financing conditions[79]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,296,495,056.99, a decrease of 1.87% from CNY 5,397,280,499.11 at the end of the previous year[8]. - Total current assets decreased from $3.10 billion to $2.95 billion, a decline of approximately 3.7%[42]. - Total non-current assets increased from $2.29 billion to $2.34 billion, an increase of approximately 2.9%[42]. - Total liabilities decreased from $2.57 billion to $1.73 billion, a reduction of approximately 32.7%[45]. - Total equity increased from $2.83 billion to $3.57 billion, an increase of approximately 26.0%[48]. Shareholder Equity - The net assets attributable to shareholders increased by 26.17% to CNY 3,565,049,643.56 from CNY 2,825,677,938.42 at the end of the previous year[8]. - The total equity increased to ¥3,249,744,936.57, up from ¥2,551,830,710.04, marking a growth of 27.4%[58]. - The company reported a total equity of $2,827,431,632.56, reflecting its financial stability[89]. Expenses and Costs - Total operating costs amounted to ¥336,991,716.89, up from ¥323,719,299.14, reflecting a growth of 4.0%[59]. - Research and development expenses for the current period were ¥21,063,779.88, down 16.1% from ¥25,091,076.76 in the previous period[59]. - Interest expenses for Q1 2019 increased by 85.55% compared to Q1 2018, primarily due to increased bank loan interest expenses[24]. Investments and Acquisitions - The company successfully acquired land use rights for RMB 119.75 million, which will be used for the construction of a new production and R&D base for military communication equipment[28]. - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets in Q1 2019 increased by 147.01% compared to Q1 2018, mainly due to land purchases during the reporting period[24]. Financial Standards and Reporting - The company has implemented new financial instrument standards, affecting the financial statements[95]. - The company has not undergone an audit for the first quarter report[96].