日上集团(002593) - 2019 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2019 was CNY 544,142,097.67, a decrease of 14.42% compared to CNY 635,800,124.74 in the same period last year[7] - Net profit attributable to shareholders was CNY 9,700,124.67, an increase of 1.44% from CNY 9,562,175.10 year-on-year[7] - Total operating revenue for Q1 2019 was CNY 544,142,097.67, a decrease of 14.4% compared to CNY 635,800,124.74 in Q1 2018[51] - The total profit for Q1 2019 was ¥11,976,442.38, down from ¥12,947,234.49, reflecting a decrease of 7.48%[52] - The company reported a comprehensive income total of ¥8,239,704.28 for Q1 2019, compared to ¥7,858,057.63 in the previous year, indicating an increase of 4.84%[53] Cash Flow and Liquidity - Net cash flow from operating activities was negative CNY 82,110,892.91, a decline of 274.96% compared to CNY 46,930,792.76 in the previous year[7] - The company's cash and cash equivalents decreased by 34.20% compared to the beginning of the period, primarily due to a decline in cash receipts from sales[15] - The company's cash and cash equivalents decreased to CNY 194,040,848.23 from CNY 283,431,607.91, indicating a need for cash flow management[46] - Total cash and cash equivalents at the end of the period were 49,127,255.89 yuan, down from 92,406,461.64 yuan in the previous period, indicating a significant decrease in liquidity[60] - The company reported a net cash flow from operating activities of -43,803,943.41 yuan, compared to -11,087,686.79 yuan in the previous period, indicating a decline in operational cash flow[59] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,891,488,725.83, down 1.19% from CNY 3,938,224,547.76 at the end of the previous year[7] - As of March 31, 2019, total assets amounted to CNY 2,382,773,742.17, a decrease from CNY 2,422,843,324.84 at the end of 2018[50] - The total liabilities decreased to CNY 890,133,382.72 from CNY 919,471,085.25 at the end of 2018, reflecting improved financial stability[49] - The total equity attributable to shareholders increased slightly to CNY 1,880,267,700.90 from CNY 1,879,516,127.85[45] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,570[11] - The top shareholder, Wu Ziwen, holds 41.05% of the shares, with 215,837,550 shares pledged[11] Expenses and Costs - Total operating costs for Q1 2019 were CNY 534,875,665.42, down 14.4% from CNY 624,475,895.17 in the same period last year[51] - Sales expenses decreased by 34.96% compared to the same period last year, attributed to a decline in sales and reduced shipping costs[19] - The company incurred a loss of ¥2,364,257.97 in net profit for the parent company, an improvement from a loss of ¥3,272,671.99 in the same period last year[56] Financing Activities - Cash received from borrowings increased by 47.57% compared to the same period last year, primarily due to an increase in borrowings[26] - Cash paid for debt repayment increased by 43.59% compared to the same period last year, primarily due to an increase in repayments[28] - Cash inflow from financing activities totaled 86,000,000.00 yuan, an increase from 73,000,000.00 yuan in the previous period, reflecting improved financing efforts[60] - The cash outflow for repayment of debts was 262,057,304.00 yuan, compared to 182,500,000.00 yuan in the previous period, indicating higher debt servicing costs[58] Other Income and Investments - Other income increased by 212.89% year-on-year, primarily due to an increase in government subsidies received[21] - The investment income for Q1 2019 was reported as a loss of ¥855,700.00, compared to a gain of ¥119,351.25 in the previous year[55] - The company’s cash flow from investment activities was significantly impacted by a cash outflow of 23,051,221.99 yuan for fixed asset purchases, slightly lower than the previous period's outflow[58]