HYM(SZ:002529)2019-04-29 16:00Financial Performance - Revenue for the first quarter was CNY 89,635,870.48, representing a 5.84% increase compared to CNY 84,689,311.95 in the same period last year[10] - Net profit attributable to shareholders was a loss of CNY 7,845,840.16, a decrease of 129.86% from a profit of CNY 26,277,120.40 year-on-year[10] - Operating profit for the current period is -8,385,711.40, a significant decline from 27,392,886.92 in the previous period[40] - Net profit for the current period is -7,845,840.16, compared to a net profit of 26,277,120.40 in the previous period, indicating a substantial loss[40] - Total comprehensive income for the current period is -7,845,840.16, down from 26,277,120.40 in the previous period[41] - Basic and diluted earnings per share for the current period are both -0.0302, down from 0.1011 in the previous period[41] Cash Flow - The net cash flow from operating activities was CNY -31,235,020.30, showing an improvement of 8.01% compared to CNY -33,953,922.18 in the previous year[10] - Total cash inflow from operating activities was 73,167,150.19 CNY, while cash outflow was 104,402,170.49 CNY, resulting in a net cash outflow of 31,235,020.30 CNY[48] - Cash flow from investing activities showed a net outflow of -5,408,718.73 CNY, compared to -13,785,921.53 CNY in the previous period, reflecting a reduction in investment losses[49] - Cash inflow from financing activities was 60,000,000.00 CNY, while cash outflow was 76,246,245.85 CNY, leading to a net cash outflow of -16,246,245.85 CNY[49] - The company reported a net cash flow from financing activities of -15,451,995.84 CNY, which is a deterioration compared to -13,388,078.92 CNY in the previous period[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,883,222,341.24, a decrease of 1.99% from CNY 1,921,534,634.49 at the end of the previous year[10] - The company's total liabilities decreased significantly, with employee compensation payable down by 66.59%[16] - Current liabilities decreased from CNY 453,866,416.46 to CNY 410,018,316.50, a reduction of about 10%[32] - Total liabilities decreased from CNY 528,354,853.33 to CNY 484,401,753.37, a decrease of approximately 8%[32] - The company's capital reserve remained stable at CNY 1,163,116,138.25[33] Income and Expenses - Total operating costs increased to 102,602,693.60 from 83,183,098.16, marking a rise of about 23.5%[39] - Research and development expenses for the current period are 6,370,299.62, slightly decreased from 6,389,181.80 in the previous period[39] - Other income increased by 61.07% year-on-year, mainly due to higher government subsidies received[17] - Investment income rose by 256.62% compared to the previous year, attributed to increased profits recognized from associated companies[17] - The company reported an asset disposal gain of 2,456,873.21, with no such gain reported in the previous period[40] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,232[12] - The company has no overdue commitments from its actual controllers, shareholders, or related parties during the reporting period[22] - There were no violations regarding external guarantees during the reporting period[25] Other Information - The company was recognized as a high-tech enterprise in Fujian Province, valid for 3 years from November 30, 2018[21] - The company executed new financial instrument standards starting January 1, 2019, impacting the classification of financial assets[61] - The first quarter report was not audited, indicating preliminary financial data[62] - The company has not disclosed any new product developments or market expansion strategies in this report[61]