KCT(SZ:002625)2019-04-28 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥80,990,452.72, a decrease of 13.58% compared to ¥93,716,364.06 in the same period last year[3] - The net profit attributable to shareholders for Q1 2019 was ¥8,579,132.96, down 28.99% from ¥12,082,034.06 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,107,387.93, a decline of 48.16% compared to ¥5,994,416.74 in the previous year[3] - Basic and diluted earnings per share for Q1 2019 were both ¥0.004, representing a 60.00% decrease from ¥0.01 in the previous year[3] - The net profit for Q1 2019 was CNY 7,511,523.39, a decrease of 38.5% compared to CNY 12,311,741.94 in the same period last year[25] - The total profit for Q1 2019 was CNY 10,410,249.68, down from CNY 20,500,801.59, representing a decline of 49.3% year-over-year[25] - The comprehensive income attributable to the parent company's owners was CNY 8,579,132.96, down from CNY 12,082,034.06, a decline of 28.5%[26] Cash Flow - The net cash flow from operating activities was -¥5,923,419.01, a significant decrease of 116.73% from ¥35,405,808.15 in the same period last year[3] - The cash flow from operating activities was CNY 96,188,599.55, down 38.2% from CNY 155,971,911.47 in the previous year[29] - The cash inflow from operating activities totaled 123,622,831.36 RMB, down from 205,373,625.88 RMB in the previous period[30] - The cash outflow for operating activities was 129,546,250.37 RMB, compared to 169,967,817.73 RMB in the previous period[30] - The company reported a cash inflow of 16,615,108.82 RMB from operating activities, down from 29,210,169.26 RMB in the previous period[32] - The net cash flow from investing activities was 2,949,538,586.98 RMB, a substantial increase from 173,947,794.89 RMB in the previous period[31] - The cash outflow for investment activities was 108,210,900.00 RMB, compared to 979,321,730.36 RMB in the previous period[32] - The net increase in cash and cash equivalents was 3,000,862,080.11 RMB, compared to 309,569,133.33 RMB in the previous period[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,242,237,917.76, an increase of 0.52% from ¥8,199,734,816.68 at the end of the previous year[3] - The net assets attributable to shareholders at the end of the reporting period were ¥7,602,539,362.31, a slight increase of 0.11% from ¥7,593,960,229.35 at the end of the previous year[3] - The total liabilities and equity amounted to CNY 8,242,237,917.76, compared to CNY 8,199,734,816.68 in the previous period[21] - The total non-current assets reached CNY 4,356,044,930.85, up from CNY 4,249,738,041.42, reflecting a growth of 2.5%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,609[6] - The largest shareholder, Tibet Dazi Yingbang Industrial Development Co., Ltd., held 42.60% of the shares, totaling 917,952,313 shares[6] Expenses and Investments - R&D expenses increased by 35.71% to ¥17,300,977.04, primarily due to increased investment in supermaterial business[12] - Investment income decreased by 76.81% to ¥1,549,205.23, reflecting reduced financial product returns compared to the previous year[12] - Tax expenses decreased by 64.60% to ¥2,898,726.29, influenced by the taxable income for the current period[12] - The company reported a significant increase in financial expenses, totaling CNY -10,960,700.54, compared to CNY -17,390,210.91 in the same period last year[27] - The investment income for the parent company was CNY 587,064.82, a decrease from CNY 6,511,506.84 year-over-year[27] Government Support - The company received government subsidies amounting to ¥4,394,746.37 during the reporting period[4]