昇兴股份(002752) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was ¥491,384,391.44, a decrease of 1.82% compared to ¥500,475,797.27 in the same period last year[8] - Net profit attributable to shareholders was ¥13,845,494.12, down 47.15% from ¥26,197,846.26 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥7,904,896.06, a decline of 66.40% compared to ¥23,523,090.10 in the previous year[8] - Basic and diluted earnings per share were both ¥0.0166, down 47.13% from ¥0.0314 in the previous year[8] - Total comprehensive income decreased by 56.12% to ¥11,567,874.89 primarily due to a decline in total profit[15] - Net profit for the current period is ¥11,568,454.26, down 56.2% from ¥26,418,809.28 in the previous period[38] - Operating profit decreased to ¥18,209,177.00, a decline of 44.4% from ¥32,714,574.13 in the previous period[38] Cash Flow - The net cash flow from operating activities improved significantly to ¥1,927,568.41, compared to a negative cash flow of ¥51,957,376.76 in the same period last year, marking a 103.71% increase[8] - Cash flow from operating activities increased to ¥746,207,236.37, compared to ¥655,362,015.48 in the previous period[45] - The net cash flow from operating activities was 1,927,568.41 CNY, a significant improvement compared to a net outflow of 51,957,376.76 CNY in the previous period[46] - Total cash inflow from operating activities reached 769,056,840.73 CNY, while cash outflow was 767,129,272.32 CNY, resulting in a net cash inflow of 1,927,568.41 CNY[46] - The company reported a net cash outflow from investing activities of 33,383,195.08 CNY, compared to a larger outflow of 123,505,103.47 CNY in the previous period[47] - Cash inflow from financing activities was 368,928,944.59 CNY, with a net cash outflow of 36,502,379.82 CNY after accounting for cash outflows[47] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,567,907,694.36, a decrease of 2.81% from ¥3,671,109,648.88 at the end of the previous year[8] - Total liabilities decreased from CNY 1,803,385,322.28 to CNY 1,688,615,492.87, a decline of about 6.4%[29] - Current liabilities decreased from CNY 1,634,564,268.82 to CNY 1,379,386,104.46, a reduction of about 15.6%[29] - Long-term borrowings increased from CNY 140,000,000.00 to CNY 271,074,965.84, an increase of approximately 93.4%[29] - Owner's equity increased from CNY 1,867,724,326.60 to CNY 1,879,292,201.49, an increase of approximately 0.6%[30] - Total assets decreased from CNY 3,671,109,648.88 to CNY 3,567,907,694.36, a decline of approximately 2.8%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,774[11] - The company reported a total of CNY 1,230,027,390.05 in shareholders' equity in the parent company balance sheet[58] Investments and Acquisitions - The company acquired 20% equity of its subsidiary, elevating it to a wholly-owned subsidiary, with no cash consideration involved[16] - The company plans to transfer 20% equity of Fuzhou Chuangxing Network Technology Co., Ltd. for ¥6.2 million, pending completion[17] - The company invested 13,000,000.00 CNY in new projects during the quarter, indicating ongoing investment in growth[46] Other Financial Metrics - The weighted average return on equity was 0.77%, down 0.68% from 1.45% in the same period last year[8] - Financial expenses rose to ¥10,813,965.85, an increase from ¥9,295,893.05 in the previous period[36] - Tax expenses for the current period are ¥7,226,994.77, compared to ¥6,051,556.53 in the previous period[38] - The company reported an asset disposal gain of ¥52,264.02 in the current period[38] - The company has implemented new financial instrument accounting standards effective January 1, 2019, impacting financial reporting[55]