huasi(SZ:002494)2019-04-23 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥101,639,285.86, a decrease of 5.82% compared to ¥107,915,680.22 in the same period last year[8] - Net profit attributable to shareholders increased by 2.65% to ¥2,643,574.50 from ¥2,575,325.71 year-on-year[8] - The net profit after deducting non-recurring gains and losses surged by 83.62% to ¥774,913.36 compared to ¥422,024.29 in the previous year[8] - Net profit for the current period is ¥2,035,671.56, slightly down from ¥2,117,846.62, indicating a decrease of 3.9%[40] - The total comprehensive income for the current period is ¥790,421.67, compared to ¥780,103.29 in the previous period, indicating a slight increase of 1.3%[41] - The company reported an investment income of ¥363,152.28, down from ¥403,774.85, a decrease of 10.1%[38] Cash Flow - The net cash flow from operating activities improved by 57.80%, reaching -¥49,279,893.72, compared to -¥116,767,832.39 in the same period last year[8] - Operating cash inflow for the current period was CNY 104,926,873.39, down 43.4% from CNY 185,483,172.14 in the previous period[48] - Operating cash outflow totaled CNY 154,206,767.11, a decrease of 48.9% compared to CNY 302,251,004.53 in the prior period[48] - Cash flow from investing activities resulted in a net outflow of CNY -6,480,071.80, compared to CNY -38,463,151.44 in the previous period[49] - Cash flow from financing activities generated a net inflow of CNY 23,571,602.19, down 23.1% from CNY 30,692,308.31 in the prior period[49] - The ending cash and cash equivalents balance was CNY 296,540,388.34, down 28.6% from CNY 415,405,108.58 at the end of the previous period[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,504,646,598.23, down 2.27% from ¥2,562,789,231.73 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.28% to ¥1,905,169,019.58 from ¥1,929,900,432.57 at the end of the previous year[8] - Total liabilities decreased from CNY 632,259,419.38 to CNY 599,207,326.21, a decrease of approximately 5.22%[31] - Current liabilities decreased from CNY 517,942,370.79 to CNY 395,342,517.57, a reduction of about 23.66%[31] - Owner's equity decreased from CNY 1,930,529,812.35 to CNY 1,905,439,272.02, a decline of about 1.30%[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 49,664[12] - The company has repurchased a total of 5,604,200 shares, representing approximately 1.45% of the total share capital before the repurchase plan, with a total transaction amount of 34,999,924.80 RMB[18] - The highest transaction price during the repurchase was 6.82 RMB per share, while the lowest was 5.82 RMB per share[18] - The company plans to use its own funds between 50 million RMB and 100 million RMB for share repurchase, with a maximum repurchase price of 10 RMB per share[17] - The repurchase period is set for a maximum of 12 months from the approval date of the plan[17] - The total amount spent on share repurchases as of March 31, 2019, was 25,880,962.00 RMB[18] Operational Efficiency - Total operating costs decreased to ¥98,211,991.64 from ¥109,040,027.95, reflecting a reduction of 9.3%[38] - The company achieved an operating profit of ¥4,178,034.39, compared to a loss of ¥372,395.73 in the previous period[40] - Research and development expenses were ¥2,521,801.61, down from ¥2,671,821.51, showing a decrease of 5.6%[38] Compliance and Governance - The company has committed to avoiding any competition with its controlling shareholder and actual controller, ensuring no conflicts of interest[20] - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[22][23] - The company did not conduct an audit for the first quarter report[54]