YILIDA(SZ:002686)2019-04-25 16:00Revenue and Profitability - The company's revenue for Q1 2019 was ¥304,827,659.02, representing a 6.31% increase compared to ¥286,721,733.34 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥12,812,285.18, a decrease of 165.52% from a profit of ¥19,554,116.44 in the previous year[7] - Operating income fell by 35.90% to ¥1,349,856.71, mainly due to a reduction in government subsidies received[16] - Net profit for Q1 2019 was a loss of CNY 18,509,667.95, compared to a profit of CNY 22,478,721.72 in Q1 2018[36] - The net profit for the current period was ¥3,732,600.45, a decrease from ¥9,274,378.11 in the previous period, reflecting a decline of approximately 59.9%[41] Cash Flow - The net cash flow from operating activities was negative at ¥29,041,218.55, slightly worse than the negative ¥27,494,871.44 recorded in the same period last year, reflecting a 5.62% decline[7] - Cash flow from operating activities showed a net outflow of ¥29,041,218.55, compared to an outflow of ¥27,494,871.44 in the previous period[44] - Cash inflow from operating activities totaled ¥330,619,021.04, while cash outflow was ¥359,660,239.59, resulting in a negative cash flow[44] - Net cash flow from investment activities decreased by 61.49% to -¥52,132,588.33, primarily due to cash payments for external investments[18] - Financing activities generated a net cash outflow of ¥63,055,691.30, contrasting with a net inflow of ¥216,862,081.05 in the previous period[45] - The net cash flow from financing activities was -¥117,292,596.94, a decline from a positive cash flow of ¥244,539,970.79 in the previous year, highlighting increased cash outflows for debt repayment and dividends[49] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,640,070,845.77, down 2.20% from ¥3,722,091,706.61 at the end of the previous year[7] - Total current assets decreased to ¥1,598,470,125.08 from ¥1,734,918,212.04, reflecting a decline in cash and accounts receivable[26] - Total liabilities decreased to ¥1,819,238,356.71 from ¥1,881,979,946.79, indicating a reduction in short-term borrowings[27] - Total equity decreased to ¥1,820,832,489.06 from ¥1,840,111,759.82, primarily due to a decline in retained earnings[28] - The company's total assets decreased to CNY 2,077,977,564.89 from CNY 2,162,971,257.19 at the end of 2018, reflecting a decline of 3.9%[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,792, with the top ten shareholders holding a combined 55.27% of the shares[11] - Zhejiang Zheshang Asset Management Co., Ltd. was the largest shareholder, holding 15.27% of the shares, followed by Chen Xinquan with 11.81%[11] Expenses - Sales expenses increased by 55.17% to ¥28,579,477.54 due to higher advertising costs and the consolidation of additional subsidiaries[16] - Management expenses rose by 38.81% to ¥34,653,482.36 primarily due to increased salaries in certain subsidiaries[16] - Financial expenses surged by 73.15% to ¥14,799,485.00, attributed to higher interest expenses on loans[16] - Cash outflows for employee payments totaling ¥28,952,612.71, an increase from ¥15,256,248.56 in the previous year, reflecting higher labor costs[48] Other Financial Metrics - The weighted average return on net assets was -0.86%, a decrease of 2.15% compared to 1.29% in the previous year[7] - The company reported a basic and diluted earnings per share of -0.0290 for Q1 2019, compared to 0.0441 in Q1 2018[37] - The company's cash and cash equivalents dropped significantly to CNY 55,762,594.39 from CNY 147,579,623.36, a decline of 62.3%[30] - The impact of exchange rate fluctuations on cash and cash equivalents was -¥163,052.48, a slight increase in negative impact compared to -¥41,877.02 in the previous year[49] Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[50]