ST鼎龙(002502) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was ¥73,060,271.61, representing a 138.96% increase compared to ¥30,574,460.20 in the same period last year[7] - The net profit attributable to shareholders was -¥23,657,671.17, a decrease of 482.93% from ¥6,178,042.20 in the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥26,195,491.66, down 608.34% from ¥5,153,124.39 year-on-year[7] - The basic earnings per share were -¥0.0275, a decline of 481.94% compared to ¥0.0072 in the same period last year[7] - The diluted earnings per share were also -¥0.0275, reflecting the same percentage decrease as the basic earnings per share[7] - The weighted average return on equity was -1.10%, a decrease of 1.28% from 0.18% in the previous year[7] - Net profit dropped by 520.41% to -¥24,079,247.84, largely attributed to a significant increase in management expenses during the reporting period[16] - The net loss for Q1 2019 was CNY 24,079,247.84, contrasting with a net profit of CNY 5,727,630.35 in the same period last year, marking a decline of 520.5%[42] - The total comprehensive loss for Q1 2019 was CNY 26,833,954.67, compared to a loss of CNY 16,939,615.03 in the previous period[43] Cash Flow and Investments - The net cash flow from operating activities was -¥81,496,233.72, slightly worse than -¥79,466,256.44 in the same period last year, a decrease of 2.55%[7] - Cash flow from investment activities improved by 1,621.07% to ¥110,914,940.24, mainly from the return of investment funds from subsidiaries[16] - The company reported non-recurring gains of ¥2,537,820.49 during the reporting period[8] - Cash inflow from investment activities was 112,607,275.59 CNY, resulting in a net cash flow of 110,914,940.24 CNY from investment activities, a significant improvement from -7,291,899.00 CNY last year[51] - The company has made progress in investment recovery, with cash received from investment recovery at 112,338,525.59 CNY[51] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,391,472,461.15, a decrease of 2.94% from ¥2,463,870,583.60 at the end of the previous year[7] - The total current assets increased to CNY 1,374,257,091.45 from CNY 1,279,337,305.34, reflecting a growth of about 7.41%[32] - The total liabilities decreased to CNY 237,922,347.84 from CNY 283,486,515.62, showing a reduction of approximately 16.06%[33] - The total liabilities as of Q1 2019 amounted to CNY 206,995,139.37, a decrease from CNY 218,043,969.79 in the previous period[39] - The total equity for the company was CNY 1,641,108,923.51, down from CNY 1,660,061,886.45 in the previous period[39] - The company's equity attributable to shareholders decreased to CNY 2,137,672,952.07 from CNY 2,164,085,330.07, a decline of about 1.21%[34] Expenses - Operating costs surged by 1,189.24% to ¥45,696,553.47, mainly due to rising costs associated with the gaming business[15] - Management expenses rose by 212.41% to ¥40,492,860.84, primarily due to increased fees from intermediary agencies[15] - Research and development expenses for Q1 2019 were CNY 4,266,958.20, a decrease from CNY 5,872,282.70 in the previous period, reflecting a reduction of approximately 27.3%[40] - Financial expenses increased by 197.94%, mainly due to higher interest income[15] Governance and Strategy - The company underwent a governance restructuring to enhance decision-making and operational efficiency following a change in control[17] - The company continues to focus on market expansion and product development, although specific new products or technologies were not mentioned in the provided data[40] Other Financial Metrics - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[25] - The company has not audited the first quarter report, indicating that the figures are unaudited[62] - The company adjusted its financial statements to reflect the reclassification of available-for-sale financial assets to other equity instruments, impacting the non-current assets[58] - The company's retained earnings showed a negative balance of -388,586,746.52, indicating accumulated losses[58]