三晖电气(002857) - 2019 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2019 was ¥28,139,280.27, representing an increase of 80.39% compared to ¥15,599,544.43 in the same period last year[9] - The net profit attributable to shareholders was a loss of ¥419,167.17, an improvement of 77.67% from a loss of ¥1,877,029.34 in the previous year[9] - The basic earnings per share were -¥0.0033, an improvement of 77.67% from -¥0.0147 in the same period last year[9] - The company's net profit for Q1 2019 showed a loss of CNY 230,475.72, an improvement compared to a loss of CNY 1,790,770.94 in Q1 2018[32] - The net profit for Q1 2019 was a loss of CNY 1,200,082.28, compared to a loss of CNY 1,699,019.67 in the previous year, indicating an improvement of about 29.4%[36] - The total comprehensive income for Q1 2019 was a loss of CNY 1,200,082.28, compared to a loss of CNY 1,699,019.67 in the previous year[38] Cash Flow - The net cash flow from operating activities was negative at ¥19,697,827.99, a decline of 605.24% compared to a positive cash flow of ¥3,898,705.23 in the same period last year[9] - The cash flow from operating activities for Q1 2019 was a net outflow of CNY 19,697,827.99, a decline from a net inflow of CNY 3,898,705.23 in the same period last year[41] - Cash inflow from operating activities totaled 55,558,420.37 yuan, up from 42,489,182.38 yuan, reflecting a 30.5% increase year-over-year[44] - Cash outflow from operating activities increased to 71,407,649.63 yuan from 35,976,724.11 yuan, representing a significant rise of 98.5%[45] - The net cash flow from investment activities was 88,137,192.79 yuan, a recovery from -5,777,142.85 yuan in the previous period[45] - The company received 150,000,000.00 yuan from investment activities, significantly higher than 80,000,000.00 yuan in the previous period, indicating a strong investment recovery[45] - The net increase in cash and cash equivalents for the period was 87,062,135.21 yuan, compared to 735,315.42 yuan in the previous period, showing a substantial improvement[45] Assets and Liabilities - The total assets at the end of the reporting period were ¥585,233,950.81, down 6.26% from ¥624,336,095.89 at the end of the previous year[9] - The net assets attributable to shareholders decreased slightly by 0.09%, totaling ¥457,082,501.28 compared to ¥457,505,181.42 at the end of the previous year[9] - Total assets as of March 31, 2019, were CNY 545,530,925.97, down from CNY 586,754,396.95 at the end of 2018, a decrease of approximately 7.0%[30] - Total liabilities decreased to CNY 101,441,092.30 from CNY 141,464,481.00, representing a reduction of about 28.3%[31] - The company's total equity as of March 31, 2019, was CNY 444,089,833.67, slightly down from CNY 445,289,915.95 at the end of 2018[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,429[12] - The largest shareholder, Yu Wenbiao, holds 12.47% of the shares, amounting to 15,966,232 shares, with part of the shares pledged[12] - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13] Operating Performance - Operating revenue rose by 80.39% to ¥28,139,280.27 compared to ¥15,599,544.43, primarily driven by increased revenue recognition from shipments[16] - Operating costs surged by 102.67% to ¥20,018,062.75 from ¥9,877,200.69, reflecting the increase in operating revenue[16] - The company reported a total operating cost of CNY 15,324,649.03 for Q1 2019, up from CNY 5,706,612.37 in the same period last year, marking an increase of about 168.5%[36] Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,236,857.38 during the reporting period[10] - Other income increased by 100% to ¥1,236,857.38, primarily from increased VAT software refunds[16] - The company received CNY 1,236,857.38 in tax refunds during Q1 2019, compared to CNY 32,769.22 in the previous year[41] Research and Development - Research and development expenses for Q1 2019 were CNY 3,691,970.55, compared to CNY 3,072,820.22 in Q1 2018, reflecting an increase of approximately 20.1%[32] - Research and development expenses for Q1 2019 amounted to CNY 2,956,254.36, compared to CNY 2,367,063.76 in the previous year, reflecting an increase of approximately 25.0%[36] Audit Information - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[46]