MQR(SZ:002719)2019-04-24 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥138,821,259.94, a decrease of 1.35% compared to ¥140,721,631.16 in the same period last year[7]. - Net profit attributable to shareholders was ¥3,382,156.99, down 62.06% from ¥8,914,677.74 year-on-year[7]. - The basic earnings per share decreased by 75.58% to ¥0.02 from ¥0.0819 in the same period last year[7]. - Operating profit for the current period is ¥4,449,952.90, down from ¥9,552,114.28, indicating a decline of approximately 53%[38]. - The company’s total profit for the current period is ¥4,453,527.96, down from ¥9,804,237.73, indicating a decline of about 55%[38]. - Net profit for the current period is ¥3,071,744.49, a significant decrease from ¥8,914,677.74, reflecting a drop of around 66%[39]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,324,122,027.21, an increase of 0.48% from ¥1,317,844,574.67 at the end of the previous year[7]. - Total liabilities reached ¥303,147,537.13, down from ¥313,537,228.99, representing a decrease of approximately 3.9%[34]. - Owner's equity rose to ¥1,048,694,422.39, compared to ¥1,037,983,980.40, marking an increase of about 1.6%[35]. - Current assets totaled ¥344,288,210.47, a decrease from ¥349,032,842.17, indicating a decline of approximately 1.1%[33]. - Non-current assets amounted to ¥1,007,553,749.05, compared to ¥1,002,488,367.22, showing an increase of about 0.7%[33]. Cash Flow - The net cash flow from operating activities was -¥31,835,996.65, a slight improvement of 2.47% compared to -¥32,643,050.62 in the same period last year[7]. - Cash and cash equivalents at the end of the period decreased by 71.65%, totaling 210,319,522.14 yuan[15]. - The total cash and cash equivalents at the end of the period decreased to 210,319,522.14 CNY from 361,004,701.49 CNY, indicating a significant cash outflow[47]. - The net cash flow from financing activities was -30,489,535.98 CNY, compared to a positive 12,183,543.00 CNY in the previous period, highlighting increased financial strain[47]. - The net increase in cash and cash equivalents was -46,363,714.73 CNY, a decrease from -86,882,359.81 CNY in the previous period, showing ongoing liquidity challenges[51]. Expenses - Total operating costs decreased to ¥134,562,896.08 from ¥138,821,338.71, marking a reduction of about 3%[36]. - Sales expenses decreased by 43.70%, totaling 30,519,062.38 yuan, attributed to reduced rental, decoration, and labor costs[15]. - Financial expenses increased by 119.65%, reaching 106,336.18 yuan, due to decreased interest income and increased bank card fees[15]. - Management expenses increased to ¥14,172,395.83 from ¥10,895,038.13, an increase of approximately 30%[36]. - Research and development expenses were reported at ¥252,669.64, with no previous period data available for comparison[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,830[10]. - The company repurchased 630,000 shares, accounting for 0.36% of total shares, with a total transaction amount of 7,999,371 yuan[16]. Investment Activity - The company reported non-recurring gains of ¥195,164.10, primarily from investment income on idle raised funds[8]. - Investment income dropped by 3,893.87%, totaling 191,589.04 yuan, primarily due to last year's investment income from Huaring[15]. - Cash inflow from investment activities was 25,900,000.00 CNY, down from 225,205,334.60 CNY in the previous period, indicating a substantial decline in investment activity[50]. - The company received 20,000,000.00 CNY from investment recoveries, which was not present in the previous period, indicating some recovery in investment cash flows[50].