旷达科技(002516) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥372,775,970.34, a decrease of 11.22% compared to ¥419,889,998.81 in the same period last year[9] - The net profit attributable to shareholders was ¥42,445,550.84, down 39.87% from ¥70,585,567.78 year-on-year[9] - The net profit excluding non-recurring gains and losses was ¥36,279,128.83, a decline of 47.87% compared to ¥69,597,643.33 in the previous year[9] - Basic earnings per share were ¥0.0283, down 39.79% from ¥0.0470 year-on-year[9] - Net profit for the quarter was ¥42,446,544.72, down 39.8% from ¥70,480,532.43 year-over-year[64] - The company reported a financial asset impairment loss of ¥4,990,921.63, compared to a loss of ¥781,302.28 in the previous year[61] - The net profit for the current period is 6,621,913.96, down from 8,430,298.85 in the previous period, reflecting a decrease of approximately 21.4%[71] - The total comprehensive income for the current period is 6,621,913.96, compared to 8,430,298.85 in the previous period, showing a decline of about 21.4%[74] Cash Flow - The net cash flow from operating activities was ¥15,891,229.01, representing a decrease of 32.67% from ¥23,603,658.31 in the same period last year[9] - Cash flow from operating activities decreased by 32.67% from CNY 236.04 million to CNY 158.91 million, influenced by cash inflows and outflows from operating activities[20] - Cash and cash equivalents decreased by 91.20% from CNY 326.49 million to CNY -28.73 million, impacted by comprehensive effects from operating, investing, and financing activities[23] - Cash inflow from operating activities is 336,438,870.51, down from 362,383,847.61 in the previous period, representing a decrease of approximately 7.1%[78] - The net cash flow from investing activities is -34,041,539.19, an improvement from -297,665,955.29 in the previous period[80] - The net cash flow from financing activities is -10,488,912.84, compared to -52,369,041.21 in the previous period, showing a reduction in cash outflows[80] - The ending cash and cash equivalents balance is 305,395,176.32, down from 496,184,408.72 in the previous period[80] - The company reported a significant increase in cash paid for goods and services, totaling $59,835,000.00, compared to $685,188.11 in the previous period[85] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,298,194,106.21, a decrease of 0.93% from ¥4,338,364,443.11 at the end of the previous year[9] - Total current assets amounted to ¥2,328,072,248.64, slightly up from ¥2,321,488,746.81[45] - Total non-current assets decreased to ¥1,970,121,857.57 from ¥2,016,875,696.30, reflecting a decline of approximately 2.3%[45] - Total current liabilities decreased to ¥435,348,109.32 from ¥506,719,363.92, a decline of approximately 14.0%[48] - Total liabilities decreased to ¥441,422,001.58 from ¥513,382,516.45, reflecting a decrease of about 14.0%[48] - Total equity increased to ¥3,856,772,104.63 from ¥3,824,981,926.66, an increase of approximately 0.8%[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,722[12] - The largest shareholder, Shen Jialiang, holds 45.65% of the shares, totaling 685,821,524 shares, with 514,366,143 shares pledged[12] - The company’s major shareholder, Shen Jialiang, pledged 8.31 million shares, representing 12.12% of his holdings, to address operational liquidity needs[27] Research and Development - Research and development expenses increased by 59.03% from CNY 45.85 million to CNY 72.91 million due to increased R&D investment[20] - Research and development expenses increased to ¥7,291,078.57, up 59.3% from ¥4,584,683.23[61] Corporate Governance - The company has committed to distributing at least 10% of its distributable profits as cash dividends, with a minimum of 30% of the average annual distributable profits over any three consecutive years[32] - The company has a long-term commitment to not engage in competitive business activities with its own company[32] - The company has not reported any violations regarding external guarantees during the reporting period[37] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[37] Share Repurchase - The company repurchased a total of 30,460,470 shares, accounting for 2.03% of the total share capital[29] - The highest price for repurchased shares was RMB 3.89 per share, while the lowest price was RMB 2.83 per share, with a total payment of RMB 96,730,222.06 (excluding transaction fees)[29] - During the reporting period, the company repurchased 3,562,700 shares at a maximum price of RMB 3.48 per share and a minimum price of RMB 2.84 per share, with actual payment amounting to RMB 10,642,892.24 (excluding transaction fees)[29] Audit and Compliance - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[89]