信质集团(002664) - 2019 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2019 was ¥599,951,338.09, a decrease of 3.48% compared to ¥621,589,602.85 in the same period last year[9] - Net profit attributable to shareholders was ¥56,155,676.68, down 2.23% from ¥57,434,846.19 year-on-year[9] - Net profit excluding non-recurring gains and losses decreased by 13.77% to ¥47,034,082.41 from ¥54,545,174.45 in the previous year[9] - Total operating revenue for the current period is $599.95 million, a decrease of 3.1% from $621.59 million in the previous period[50] - Operating profit for the current period is $70.99 million, a decline of 5.9% compared to $73.43 million in the previous period[50] - Net profit for the current period is $59.82 million, down 5.3% from $63.52 million in the previous period[53] - The total comprehensive income for the current period is $59.82 million, down from $63.52 million in the previous period[53] - Basic earnings per share for the current period is $0.1404, slightly down from $0.1436 in the previous period[56] Cash Flow - Net cash flow from operating activities improved significantly to ¥39,730,837.79, compared to a negative cash flow of ¥152,986,813.50 in the same period last year, marking a 125.97% increase[9] - The cash inflow from operating activities totaled ¥659,882,973.13, an increase of 32.4% compared to ¥498,458,815.53 in the previous period[64] - Cash outflow for purchasing goods and services was ¥472,426,214.71, down 8.6% from ¥517,023,857.40 in the previous period[64] - The cash inflow from financing activities was ¥49,595,580.72, a decrease of 64.3% compared to ¥139,091,452.81 in the previous period[67] - The net cash flow from financing activities was ¥21,854,792.03, down 82.4% from ¥123,869,879.22 in the previous period[67] - The cash outflow for investing activities was ¥15,821,340.45, up 55.5% from ¥10,200,113.97 in the previous period[64] - The net cash flow from investing activities was -¥15,600,639.95, worsening from -¥8,996,493.87 in the previous period[64] - The company reported a total cash inflow of ¥43,160,863.28, compared to a cash outflow of -¥40,781,540.41 in the previous period[67] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,516,019,339.76, an increase of 2.18% from ¥3,440,865,246.15 at the end of the previous year[9] - Total liabilities increased to CNY 1,168,337,070.12, up from CNY 1,153,003,192.92, reflecting a growth of approximately 1.6%[36] - Total equity rose to CNY 2,347,682,269.64, compared to CNY 2,287,862,053.23, marking an increase of about 2.6%[39] - Cash and cash equivalents increased to CNY 749,000,991.44 from CNY 668,492,511.60, representing a growth of approximately 12.0%[40] - Accounts receivable increased to CNY 611,388,347.44 from CNY 595,391,331.43, showing a rise of about 2.0%[40] - Inventory decreased to CNY 253,483,987.66 from CNY 297,718,683.32, indicating a decline of approximately 14.9%[40] - Current liabilities totaled CNY 686,368,497.83, up from CNY 631,870,691.48, reflecting an increase of about 8.6%[46] - Non-current liabilities remained stable at CNY 180,212,006.85, compared to CNY 180,000,000.00[46] Shareholder Information - The top shareholder, Tibet Beihang Changying Tianqi Information Technology Co., Ltd., holds 26.00% of shares, totaling 104,005,200 shares[14] - The company did not engage in any repurchase transactions during the reporting period[17] Financial Performance Metrics - The weighted average return on equity was 2.56%, down from 2.93% in the same period last year, a decrease of 0.37%[9] - Financial expenses increased by 63.09% to ¥10,821,351.41 from ¥6,635,247.52, mainly due to increased exchange losses[30] - Research and development expenses increased to $23.07 million, up 5.5% from $21.88 million in the previous period[50] - Other income surged by 193.84% to ¥8,829,182.99 from ¥3,004,725.00, primarily due to received social security subsidies[30] Other Financial Information - The company received government subsidies amounting to ¥8,829,182.99 during the reporting period[9] - The company has made adjustments to its accounting policies effective from January 1, 2019, in accordance with new financial instrument standards[80] - The first quarter report for 2019 has not been audited, which may affect the reliability of the financial data presented[85]