普天科技(002544) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,109,354,088.41, representing a 13.31% increase compared to ¥979,078,631.46 in the same period last year[9]. - Net profit attributable to shareholders decreased by 22.85% to ¥25,554,317.30 from ¥33,123,499.60 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥24,878,382.78, down 12.70% from ¥28,498,697.42 in the previous year[9]. - Basic and diluted earnings per share were both ¥0.0447, a decrease of 22.93% from ¥0.0580 year-on-year[9]. - Net profit for the current period was ¥29,220,363.11, a decrease of approximately 14.4% from ¥34,199,307.61 in the previous period[63]. - The net profit for the current period is -¥4,594,909.25, an improvement from -¥15,017,550.31 in the previous period[72]. - The total comprehensive income for the current period is -¥4,594,909.25, compared to -¥15,017,550.31 in the previous period[73]. Cash Flow - The net cash flow from operating activities was negative at ¥688,733,343.43, worsening by 11.33% compared to a negative ¥618,617,932.88 in the same period last year[9]. - The total cash inflow from operating activities is ¥1,027,333,418.59, down from ¥1,159,110,791.67 in the previous period[77]. - The net cash flow from operating activities was -479,331,905.97 CNY, compared to -439,065,258.16 CNY in the previous period, indicating a decline of approximately 9.5%[84]. - Cash outflow from operating activities was 928,163,300.47 CNY, compared to 1,028,634,137.71 CNY in the previous period, showing a reduction of approximately 9.8%[84]. - The total cash and cash equivalents at the end of the period were 266,548,589.57 CNY, a significant drop from 474,751,853.20 CNY in the previous period, marking a decline of about 44%[88]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,096,129,736.63, a slight increase of 0.29% from ¥7,075,703,919.10 at the end of the previous year[9]. - Total liabilities as of March 31, 2019, were CNY 4,936,411,669.17, a slight decrease from CNY 4,947,185,119.18 at the end of 2018, showing a reduction of approximately 0.2%[46]. - The company's total assets decreased to ¥4,736,018,839.53 from ¥4,974,362,677.88, representing a decline of about 4.8%[59]. - Current liabilities totaled ¥2,855,879,418.31, down from ¥3,081,857,195.48, indicating a reduction of approximately 7.3%[56]. Shareholder Information - The total number of shareholders at the end of the reporting period was 32,726, with the largest shareholder holding 31.18%[15]. - The company received a notification regarding the transfer of state-owned shares, with the controlling shareholder now holding 35.36% of the total share capital[31]. Expenses - Sales expenses increased by 40.78% compared to the same period last year, mainly due to increased bidding service fees for specialized network projects[24]. - Other income decreased by 79.75%, primarily due to a reduction in government subsidies received[24]. - Investment income decreased by 152.75%, with a reduction of 90,000 RMB due to decreased investment income from a joint venture in Cambodia[24]. - Research and development expenses for the current period were ¥36,661,772.56, compared to ¥31,028,235.74, marking an increase of approximately 17.5%[60]. - The company reported a decrease in sales expenses to ¥23,484,196.20, up from ¥20,601,332.78 in the previous period[67]. Cash and Equivalents - Cash and cash equivalents decreased by 46.51% compared to the beginning of the period, mainly due to increased payments for public and private network projects[23]. - The company's cash and cash equivalents decreased significantly to CNY 789,696,823.94 from CNY 1,476,349,375.32, representing a decline of about 46.6%[40].