远大智能(002689) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥118,338,742.48, representing a decrease of 19.59% compared to the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥53,632,540.14, which is a 2.35% increase in loss compared to the previous year[7]. - The basic earnings per share for the quarter was -¥0.0514, reflecting a 2.39% increase in loss per share compared to the same period last year[7]. - Total operating revenue for Q1 2019 was CNY 118.34 million, a decrease of 19.6% compared to CNY 147.17 million in Q1 2018[33]. - Net loss for Q1 2019 was CNY 53.52 million, compared to a net loss of CNY 53.04 million in Q1 2018, indicating a slight increase in losses[35]. - The company's total comprehensive income attributable to the parent company is CNY -54,813,747.15, compared to CNY -49,091,194.13 in the previous period[36]. Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥16,551,060.97, a 124.94% increase from the previous year[7]. - Cash flow from operating activities improved by 124.94% to ¥16,551,060.97, primarily from increased cash received from sales[15]. - The net cash flow from operating activities for the current period is ¥24,229,242.15, compared to a negative ¥53,382,077.37 in the previous period, indicating a significant improvement[47]. - Total cash inflow from operating activities amounted to ¥274,663,543.82, up from ¥255,303,131.45 in the previous period, reflecting a growth of approximately 7.4%[47]. - Cash outflow from operating activities decreased to ¥250,434,301.67 from ¥308,685,208.82, a reduction of about 18.9%[47]. - The net cash flow from financing activities was negative at ¥45,922,207.49, compared to a negative ¥9,673,741.40 in the previous period, indicating increased cash outflows[48]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,337,516,639.15, a decrease of 1.59% from the end of the previous year[7]. - The company's total assets as of March 31, 2019, were CNY 2.41 billion, a decrease from CNY 2.42 billion at the end of 2018[32]. - The company's total liabilities amounted to CNY 1.10 billion, up from CNY 1.07 billion in the previous year[31]. - The equity attributable to shareholders of the parent company was CNY 1.31 billion, down from CNY 1.35 billion at the end of 2018[32]. - The total assets decreased to ¥2,337,516,639.15 from ¥2,375,379,229.02, reflecting a strategic adjustment in asset management[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 65,559[10]. - The largest shareholder, Shenyang Yuanda Aluminum Group Co., Ltd., holds 41.53% of the shares[10]. Expenses - Management expenses increased by 33.09% to ¥29,634,726.95 due to rising employee compensation[15]. - Research and development expenses for the current period are CNY 6,435,901.32, down from CNY 8,029,954.60 in the previous period, indicating a reduction of 19.9%[37]. - The company incurred a financial expense of CNY 3,812,994.89, compared to CNY 4,463,177.64 in the previous period, reflecting a decrease of 14.6%[37]. Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥3,791,406.99 for the period[8]. - Other comprehensive income showed a decline of 128.53% to -¥262,195.04, mainly due to reduced foreign currency translation differences[15]. - The company experienced a foreign exchange loss of CNY -1,181,207.01, compared to a gain of CNY 3,307,540.66 in the previous period[36]. - The company has implemented new financial instrument standards without adjustments to the financial statements at the beginning of the year[49].