顺威股份(002676) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was CNY 400,086,152.59, a decrease of 3.75% compared to CNY 415,654,359.76 in the same period last year[7] - The net profit attributable to shareholders was a loss of CNY 5,887,042.21, an improvement of 65.03% from a loss of CNY 16,834,519.27 year-on-year[7] - The basic earnings per share were -CNY 0.0082, showing a 64.96% improvement from -CNY 0.0234 in the same quarter last year[7] - Operating profit was reported at -¥7,184,242.31, improving from -¥20,082,566.93, indicating a reduction in losses[39] - Net profit for the period was -¥6,024,743.78, an improvement from -¥16,952,910.74, reflecting a significant reduction in net losses[39] - Total comprehensive income for the period was -¥6,028,435.44, improving from -¥17,436,711.22[40] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of CNY 30,413,068.18, a 76.09% reduction from CNY 127,209,798.66 in the previous year[7] - Cash inflow from operating activities totaled CNY 225,498,036.69, a decrease of 2.8% compared to CNY 231,145,447.06 in the previous period[46] - Cash outflow from operating activities was CNY 255,911,104.87, down 28.6% from CNY 358,355,245.72 in the previous period[46] - Cash inflow from investing activities was CNY 83,053.08, compared to CNY 1,116.00 in the previous period[47] - Cash outflow from investing activities increased to CNY 9,185,487.65 from CNY 8,153,480.30 in the previous period[47] - Cash inflow from financing activities was CNY 45,200,000.00, down 78.2% from CNY 207,444,951.95 in the previous period[47] - Cash outflow from financing activities decreased to CNY 30,786,755.85 from CNY 195,070,847.70 in the previous period[47] - The ending cash and cash equivalents balance was CNY 142,645,045.40, up from CNY 110,205,115.16 in the previous period[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,879,494,528.69, a slight increase of 0.19% from CNY 1,875,855,509.08 at the end of the previous year[7] - Total liabilities increased to CNY 830,318,728.85 from CNY 820,644,656.98, reflecting a growth of approximately 0.82%[30] - Current liabilities totaled CNY 804,013,490.17, up from CNY 796,647,117.57, indicating an increase of about 0.46%[30] - The total equity attributable to shareholders decreased to CNY 1,030,332,054.60 from CNY 1,036,229,405.29, a decline of about 0.57%[31] - The company reported a decrease in undistributed profits to CNY 207,275,493.03 from CNY 213,162,535.23, a drop of approximately 2.09%[31] Expenses - Total operating costs decreased to ¥408,549,752.57 from ¥436,537,260.07, a decline of approximately 6.4%[38] - Research and development expenses decreased to ¥4,123,415.76 from ¥5,068,254.48, a reduction of approximately 18.6%[38] - Management expenses decreased to ¥36,637,326.60 from ¥43,832,213.90, a decline of approximately 16.4%[38] - Financial expenses decreased by 38.30% to CNY 5,033,265.58, primarily due to significant foreign exchange gains during the period[16] Other Financial Metrics - The weighted average return on equity was -0.57%, an improvement of 1.08% from -1.65% in the previous year[7] - Other income rose by 54.11% to CNY 1,246,590.06, attributed to an increase in government subsidies recognized during the period[16] - Asset impairment losses increased by 501.67% to CNY 2,946,597.26, mainly due to higher inventory write-downs[16] - The company reported an asset disposal gain of ¥32,767.61 compared to a loss of -¥8,536.81 in the previous period[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,342[11] - The company's long-term equity investments remained stable at CNY 794,850,247.34, unchanged from the previous period[34]