*ST金一(002721) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for the first quarter of 2019 was ¥2,914,445,801.91, a decrease of 41.24% compared to ¥4,959,852,426.94 in the same period last year[7]. - Net profit attributable to shareholders was ¥42,442,800.25, down 65.18% from ¥121,880,289.96 year-on-year[7]. - Basic earnings per share decreased to ¥0.05, down 66.67% from ¥0.15 in the same period last year[7]. - Total operating revenue fell to ¥2,914,445,801.91, representing a decrease of 41.24% year-on-year[21]. - Net profit for the current period is ¥41,265,748.49, down 72.0% from ¥147,612,072.41 in the previous period[54]. - Operating profit decreased to ¥53,887,330.21, a decline of 72.0% compared to ¥192,332,407.87 in the previous period[54]. - Total comprehensive income for the current period is ¥43,180,398.28, down 70.5% from ¥146,342,648.42 in the previous period[56]. Cash Flow - The net cash flow from operating activities was -¥1,925,978,013.74, a decline of 544.31% compared to ¥433,474,473.31 in the previous year[7]. - The total cash inflow from operating activities was CNY 3,586,908,669.33, compared to CNY 1,156,978,273.77 in the previous period, indicating a significant increase[68]. - The net cash flow from operating activities was -CNY 1,640,877,643.60, a decline from a positive CNY 1,113,788,273.26 in the previous period[68]. - Cash received from sales of goods and services was CNY 2,691,249,913.18, down from CNY 7,700,550,761.68 in the previous period, reflecting a decrease of approximately 65%[61]. - The total cash outflow from operating activities was CNY 5,227,786,312.93, compared to CNY 43,190,000.51 in the previous period, showing a substantial increase[68]. - The cash flow from operating activities showed a net outflow of CNY 1,925,978,013.74, contrasting with a positive inflow of CNY 433,474,473.31 in the previous period[63]. Assets and Liabilities - Total assets at the end of the reporting period were ¥14,474,750,745.35, an increase of 3.28% from ¥14,014,780,664.92 at the end of the previous year[7]. - The total liabilities increased to ¥9,513,752,211.88 from ¥9,096,962,529.72, representing an increase of approximately 4.6%[41]. - The company's total liabilities to equity ratio stands at approximately 1.85, indicating a relatively high level of leverage[74]. - The total current assets were CNY 11,096,241,681.25, with cash and cash equivalents being a small fraction of this total[70]. - Total liabilities reached CNY 5,894,226,581.04, with current liabilities at CNY 4,792,509,945.58 and non-current liabilities at CNY 1,101,716,635.46[77]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 40,557[11]. - The top ten shareholders held a combined 49.66% of the company's shares, with the largest shareholder owning 17.90%[11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased to ¥40,259,920.29, a decline of 66.27% compared to the previous period[17]. Investments and Expenses - The company reported a significant increase in credit impairment losses, amounting to ¥9,957,500.00, reflecting a 100% increase due to provisions made by a subsidiary[21]. - Research and development expenses significantly reduced to ¥1,616,607.80 from ¥9,776,242.69, a decrease of 83.5%[51]. - The company reported an asset impairment loss of ¥35,018,654.03 compared to a gain of ¥6,705,044.74 in the previous period[51]. Corporate Governance and Compliance - The company has terminated the non-public offering of shares as of January 30, 2019, which was previously approved by the board[26]. - The company has no overdue commitments from controlling shareholders or related parties during the reporting period[32]. - The company has not engaged in any illegal external guarantees during the reporting period[31]. - The company’s major shareholder's shares have been judicially frozen, which may impact future corporate governance and decision-making[24]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[54].