银宝山新(002786) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥626,897,940.29, a decrease of 1.30% compared to ¥635,181,234.13 in the same period last year[8]. - The net profit attributable to shareholders was -¥43,043,379.65, representing a decline of 159.60% from -¥16,580,695.42 year-on-year[8]. - The basic and diluted earnings per share were both -¥0.11, reflecting a decrease of 175.00% from -¥0.04 in the same quarter last year[8]. - The total operating profit decreased by 130.89% to -¥54,270,461.04, primarily due to delays in mold export orders and rising costs[23]. - Net profit for the current period is -¥44,691,759.61, compared to -¥18,919,143.15 in the previous period, indicating a worsening loss[58]. - The company reported a net loss attributable to shareholders of ¥43,043,379.65, worsening from a loss of ¥16,580,695.42 in the previous period[58]. - The company's gross profit margin decreased, with operating profit at -¥54,270,461.04 compared to -¥23,504,401.33 in the previous period[58]. Cash Flow - The net cash flow from operating activities improved to ¥1,388,962.36, a significant increase of 103.65% compared to -¥38,044,963.09 in the previous year[8]. - Cash flow from operating activities generated a net cash flow of 1,388,962.36 yuan, a significant improvement from -38,044,963.09 yuan in the previous period[72]. - Cash inflow from operating activities totaled 755,260,021.47 yuan, down from 780,238,110.75 yuan year-over-year[72]. - Cash outflow from operating activities was 753,871,059.11 yuan, compared to 818,283,073.84 yuan in the previous period[72]. - Cash flow from investing activities resulted in a net outflow of -54,308,980.45 yuan, an improvement from -80,365,852.39 yuan in the previous period[76]. - Cash flow from financing activities generated a net inflow of 96,184,556.27 yuan, compared to 82,300,607.80 yuan in the previous period[76]. - The ending balance of cash and cash equivalents was 270,266,253.73 yuan, up from 264,765,223.12 yuan in the previous period[76]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,113,059,445.90, an increase of 0.80% from ¥4,080,403,863.84 at the end of the previous year[8]. - The total liabilities of Shenzhen Yinbao Mountain New Technology Co., Ltd. amounted to CNY 2,963,198,011.05, an increase from CNY 2,885,041,137.11 in the previous period, reflecting a growth of approximately 2.7%[41]. - The company's total current assets reached ¥2,732,569,134.72, showing a marginal increase compared to the previous year[38]. - The company's total equity decreased to CNY 1,149,861,434.85 from CNY 1,195,362,726.73, a decline of about 3.8%[44]. - Total current liabilities increased to CNY 2,151,038,830.33 from CNY 2,087,295,597.94, reflecting a growth of approximately 3.1%[51]. - The long-term borrowings remained stable at CNY 85,736,080.59, compared to CNY 95,950,080.66 in the previous period[51]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,597[11]. - The largest shareholder, Tianjin Zhongyin Industrial Development Co., Ltd., held 35.74% of the shares, totaling 136,266,000 shares[11]. Research and Development - Research and development expenses surged by 89.37% to ¥25,558,569.07, indicating a significant increase in R&D investment[23]. - Research and development expenses rose significantly to ¥25,558,569.07, an increase of 89.6% compared to ¥13,496,606.54 in the previous period[55]. Government Subsidies - The company received government subsidies amounting to ¥4,636,590.80 during the reporting period[8]. - Deferred income increased by 31.85% to ¥47,796,698.14, attributed to an increase in government subsidies related to assets[23]. Financial Reporting Changes - The company adopted new financial instrument standards starting January 1, 2019, impacting the classification of certain financial assets[89]. - The company has adjusted its financial reporting to comply with new financial instrument standards[97]. - The company has reclassified certain financial assets and liabilities in its financial statements[97].