*ST天沃(002564) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 reached ¥2,193,031,863.97, representing an increase of 84.72% compared to ¥1,187,243,020.09 in the same period last year[8] - Net profit attributable to shareholders was ¥12,222,884.88, a significant turnaround from a loss of ¥54,912,518.40, marking a 122.26% improvement[8] - The net profit after deducting non-recurring gains and losses was ¥7,408,252.49, compared to a loss of ¥56,037,094.85, reflecting a 113.22% increase[8] - The basic earnings per share improved to ¥0.0139 from a loss of ¥0.0746, indicating an increase of 118.63%[8] - The weighted average return on net assets was 0.32%, up from -2.04% in the previous year[8] - The total operating revenue for Q1 2019 was CNY 2,193,031,863.97, a significant increase from CNY 1,187,243,020.09 in the same period last year, representing an increase of approximately 84.5%[35] - The net profit for Q1 2019 was CNY 24,565,412.19, compared to a net loss of CNY 47,344,008.52 in Q1 2018, indicating a significant turnaround[38] - The total comprehensive income for Q1 2019 was CNY 24,533,492.27, compared to a loss of CNY 47,274,745.18 in the previous year[38] - Basic earnings per share for Q1 2019 were CNY 0.0139, compared to a loss of CNY 0.0746 per share in Q1 2018[38] Assets and Liabilities - The company's total assets increased by 12.54% to ¥29,109,080,871.75 from ¥25,864,751,845.28 at the end of the previous year[8] - The total assets as of March 31, 2019, amounted to ¥29,109,080,871.75, up from ¥25,864,751,845.28 at the end of 2018[27] - The company's total assets decreased from CNY 1,938,313,342.42 in the previous year to CNY 2,018,107,891.72 in Q1 2019[44] - The total liabilities increased to CNY 7,046,238,089.70 in Q1 2019 from CNY 7,114,138,809.23 in the previous period[33] - The company's total liabilities reached CNY 21,507,466,196.99, reflecting a decrease of CNY 1,455,417,996.68[52] - The total equity attributable to shareholders was CNY 3,085,024,968.57, down from CNY 3,124,896,595.20 in the previous period[34] - The total equity attributable to shareholders of the parent company was CNY 3,797,412,728.03, showing a slight decrease of CNY 7,862,473.14[52] Cash Flow - The net cash flow from operating activities was negative at -¥369,283,108.80, worsening by 45.59% compared to -¥253,653,581.41 in the same period last year[8] - The company reported a net cash flow from operating activities of -¥369,283,108.80, worsening by 45.59% from -¥253,653,581.41 in Q1 2018[17] - The cash flow from operating activities for Q1 2019 was negative CNY 369,283,108.80, worsening from negative CNY 253,653,581.41 in the same period last year[44] - The total cash inflow from operating activities was 34,508,131.67 yuan, down from 62,411,193.92 yuan, a decrease of about 44.7%[48] - The company's cash and cash equivalents decreased to -¥534,363,305.07, a decline of 389.28% from ¥184,722,539.26 in the previous period[17] - Total cash and cash equivalents at the end of the period were 19,719,584.77 yuan, down from 85,812,658.51 yuan, reflecting a decrease of about 77%[49] Shareholder Information - The total number of shareholders at the end of the reporting period was 57,567[12] - The top shareholder, Shanghai Electric Group Co., Ltd., held 15.00% of the shares, amounting to 132,458,814 shares[12] Research and Development - R&D expenses rose to ¥20,560,938.80, a significant increase of 96.41% compared to ¥10,468,273.36 in Q1 2018, indicating a focus on innovation[17] - The company reported R&D expenses of CNY 20,560,938.80 for Q1 2019, which is nearly double the CNY 10,468,273.36 spent in the same quarter last year, reflecting a focus on innovation[35] Operating Costs - Operating costs for Q1 2019 were ¥1,982,377,461.53, reflecting a 92.68% increase from ¥1,028,865,442.49 in the same period last year[17] - The total operating costs for Q1 2019 were CNY 2,173,650,005.42, compared to CNY 1,232,332,807.36 in Q1 2018, indicating an increase of about 76.3%[35] Other Income and Expenses - Other income increased by 281.30% to ¥5,691,818.00, attributed to higher government subsidies received compared to the previous year[17] - The company recorded a tax expense of CNY 1,580,888.03 for Q1 2019, compared to a tax expense of CNY 3,511,819.63 in the same period last year[37] - The financial expenses for Q1 2019 were CNY 45,394,611.75, down from CNY 57,612,417.50 in the same period last year[39] Share Repurchase - The company repurchased 6,575,023 shares, accounting for 0.74% of the total share capital, with a total expenditure of ¥33,999,975.27[19]