亚太科技(002540) - 2019 Q1 - 季度财报

Financial Performance - Revenue for Q1 2019 was CNY 706,208,368.14, a decrease of 16.04% compared to CNY 841,130,784.40 in the same period last year[8]. - Net profit attributable to shareholders was CNY 72,349,736.26, down 12.39% from CNY 82,584,712.17 year-on-year[8]. - Net profit excluding non-recurring gains and losses was CNY 34,818,252.35, a decline of 38.30% compared to CNY 56,429,409.80 in the previous year[8]. - Total operating revenue for Q1 2019 was CNY 706,208,368.14, a decrease of approximately 16.0% compared to CNY 841,130,784.40 in the same period last year[81]. - The company reported a net profit of CNY 19,292,573.86, slightly down from CNY 20,753,516.08 in the previous year[81]. - The operating profit for the current period is ¥87,545,130.82, a decrease of 12.3% from ¥99,994,594.48 in the previous period[88]. - The total comprehensive income attributable to the parent company for the current period is ¥72,257,566.77, down from ¥82,597,148.89 in the previous period[88]. Cash Flow - Operating cash flow for the period was CNY 154,977,140.00, an increase of 5.66% from CNY 146,670,984.63 in the same period last year[8]. - Net cash flow from operating activities rose by 5.66% to ¥154,977,140.00[22]. - Cash flow from operating activities is ¥805,086,327.86, down from ¥979,025,658.62 in the previous period, reflecting a decrease of 17.7%[96]. - Net cash flow from investment activities decreased by 47.54% to -¥101,704,069.42 mainly due to payments for ongoing projects[22]. - The net increase in cash and cash equivalents was CNY 58,909,670.01, compared to CNY 116,840,135.69 in the previous period[102]. - The ending balance of cash and cash equivalents was CNY 496,690,137.47, up from CNY 443,490,637.67 year-over-year[102]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,581,820,396.46, reflecting a growth of 2.25% from CNY 5,458,838,292.13 at the end of the previous year[8]. - Total liabilities increased to CNY 628,995,022.69 from CNY 565,927,846.81, marking an increase of approximately 11.1%[67]. - The company's total assets as of March 31, 2019, were CNY 5,581,820,396.46, compared to CNY 5,458,838,292.13 at the end of 2018, reflecting a growth of about 2.2%[69]. - Current liabilities totaled CNY 546,286,033.72, including short-term loans of CNY 274,355,563.89[113]. Shareholder Information - The company reported a total of 66,855 common shareholders at the end of the reporting period[12]. - The largest shareholder, Zhou Fuhai, held 39.07% of the shares, amounting to 496,432,134 shares[12]. - The company repurchased a total of 13,285,200 shares, accounting for 1.05% of the total share capital, with a total payment of 66,098,776.80 CNY (including transaction fees) from July 24, 2018, to December 31, 2018[12]. - As of March 31, 2019, the company repurchased 16,004,467 shares, representing 1.26% of the total share capital, with a total payment of 79,327,091.33 CNY (including transaction fees) from July 24, 2018, to March 31, 2019[49]. Investments and Projects - The company is progressing with the construction of a new energy automotive aluminum project with an annual capacity of 65,000 tons[23]. - The company signed an investment agreement for a new aluminum production project in Wuxi High-tech Zone[23]. - The company has invested a total of 198.5 million in entrusted financial management, with an outstanding balance of 179 million as of the report date[29]. - The subsidiary, Jiangsu Yatai Light Alloy Technology Co., Ltd., is progressing on a project with an annual production capacity of 40,000 tons of lightweight environmentally friendly aluminum alloy materials, with construction nearing completion[35]. - The company is investing 119.065 million in a smart workshop project for new energy vehicle components, with parts of the production line already in mass production[39]. Research and Development - Research and development expenses increased to CNY 38,487,397.87, up 15.0% from CNY 33,201,727.06 in the previous year[81]. - The company's research and development expenses for the current period amount to ¥9,645,509.57, down from ¥13,791,759.38 in the previous period, indicating a reduction of 30.0%[88]. Compliance and Governance - The company has not reported any violations regarding external guarantees during the reporting period[54]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[55]. - The first quarter report for 2019 was not audited[124].