英飞拓(002528) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was ¥1,034,308,984.55, representing a 45.91% increase compared to ¥708,877,796.60 in the same period last year[8]. - Net profit attributable to shareholders was ¥8,445,558.52, a significant turnaround from a loss of ¥737,633.41, marking a 1,244.95% increase[8]. - The net profit after deducting non-recurring gains and losses was ¥8,329,746.80, compared to a loss of ¥3,909,005.56, reflecting a 313.09% improvement[8]. - Basic earnings per share were ¥0.0070, compared to a loss of ¥0.0007, representing a 1,100.00% increase[8]. - The weighted average return on equity improved to 0.23% from -0.03%, an increase of 866.67%[8]. - The company reported a net cash inflow from operating activities of ¥1,003,500,597.38, compared to ¥742,417,090.26 in the previous period, reflecting business growth[22]. - Net profit for the current period was ¥7,917,613.72, compared to a net loss of ¥904,316.35 in the previous period, indicating a turnaround[59]. - The total comprehensive income for the current period was a loss of ¥7,349,390.86, an improvement from a loss of ¥14,126,359.30 in the previous period[61]. - The net profit for the first quarter of 2019 was -14,374,973.23 CNY, compared to -19,859,320.06 CNY in the same period last year, indicating an improvement of approximately 27%[68]. Assets and Liabilities - The company's total assets increased by 27.83% to ¥5,657,245,918.15 from ¥4,425,647,939.00 at the end of the previous year[8]. - The net assets attributable to shareholders rose by 26.53% to ¥3,676,818,302.34 from ¥2,905,854,858.80 at the end of the previous year[8]. - Current liabilities totaled ¥1,856,499,490.59, up from ¥1,673,467,970.23, reflecting an increase of approximately 10.95%[42]. - The company's total liabilities reached ¥1,969,343,853.90, up from ¥1,785,607,698.75, which is an increase of about 10.29%[42]. - The total liabilities amounted to $1.79 billion, indicating stable financial leverage[87]. - The total assets reached $5.48 billion, showing a slight increase from the previous period[87]. - The company's total current assets amounted to ¥3,574,951,687.45, an increase from ¥3,491,892,040.72[36]. - Non-current assets increased to ¥2,082,294,230.70 from ¥1,963,159,495.14, representing a growth of approximately 6.06%[39]. Cash Flow - The net cash flow from operating activities was negative at -¥184,694,844.23, worsening from -¥76,352,227.40 in the previous year, a decline of 141.90%[8]. - The cash flow from operating activities showed a net outflow of -184,694,844.23 CNY, worsening from -76,352,227.40 CNY in the previous year[76]. - The company received 1,003,500,597.38 CNY in cash from sales of goods and services, compared to 742,417,090.26 CNY in the previous year, marking an increase of approximately 35%[71]. - The company reported cash inflow from investment activities of 1,180,990,718.17 CNY, slightly down from 1,192,173,916.61 CNY year-over-year[76]. - The net cash flow from financing activities was 167,380,258.93 CNY, compared to 26,656,314.90 CNY in the same period last year, showing significant improvement[76]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,174[11]. - The top shareholder, JHL INFINITE LLC, held 21.39% of the shares, with a total of 256,386,878 shares[11]. - The total equity attributable to shareholders increased to ¥3,676,818,302.34 from ¥3,657,839,400.74, reflecting a growth of approximately 0.52%[45]. - The company distributed dividends totaling $6.97 million, compared to $5.83 million in the previous period, reflecting a commitment to shareholder returns[83]. Operational Highlights - Operating revenue for the period was ¥1,034,308,984.55, up from ¥708,877,796.60, driven by business growth across the parent company and major subsidiaries[22]. - Operating costs increased to ¥835,379,246.96 from ¥530,978,563.72, with a decline in gross margin compared to the same period last year[22]. - Research and development expenses for the current period were ¥29,354,711.95, up from ¥26,991,958.28, showing a 9% increase[56]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[64]. Changes in Assets - The company's cash and cash equivalents increased to ¥783,964,788.12 from ¥648,886,057.30, primarily due to the recovery of funds from bank deposits[22]. - Inventory rose to ¥607,582,097.48 from ¥506,019,461.06, mainly due to an increase in the scope of consolidation[22]. - The company’s other current assets decreased to ¥447,045,566.97 from ¥657,740,830.67, mainly due to a reduction in bank wealth management balances[22]. - The company’s inventory decreased to ¥15,679,180.49 from ¥113,829,800.41, a significant reduction of approximately 86.16%[49]. Accounting Changes - The company has reclassified "available-for-sale financial assets" to "other non-current financial assets" and "other equity instruments" as of January 1, 2019, in accordance with new financial instrument standards[98]. - The long-term receivables increased by CNY 3,171,042.26 to CNY 58,683,765.86 following the implementation of new accounting standards[99].