今飞凯达(002863) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥526,990,956.80, a decrease of 12.13% compared to ¥599,745,808.39 in the same period last year[7] - The net profit attributable to shareholders was ¥8,774,485.89, down 38.80% from ¥14,338,534.74 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥725,353.29, a significant decline of 93.02% from ¥10,399,005.20 in the previous year[7] - Basic earnings per share decreased by 50.00% to ¥0.02 from ¥0.04 in the same period last year[7] - Diluted earnings per share also fell by 50.00% to ¥0.02 compared to ¥0.04 in the previous year[7] - The company's net profit margin for Q1 2019 was approximately 0.16%, reflecting a decline from the previous year's margin[35] - The company reported a total comprehensive income of CNY 9,626,802.50, a decline of 31.83% from CNY 14,163,356.36 in the previous year[38] - The total profit before tax was CNY 11,020,738.19, down 32.73% from CNY 16,394,989.50 in the previous year[37] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥42,019,158.19, compared to a negative cash flow of ¥119,241,900.16 in the same period last year, marking a 135.24% increase[7] - Cash and cash equivalents increased by 80.20% compared to the beginning of the period, mainly due to the issuance of convertible bonds[15] - Total cash inflow from operating activities amounted to ¥664,039,339.88, up from ¥556,115,507.48 year-on-year[45] - The cash outflow from operating activities decreased to ¥622,020,181.69 from ¥675,357,407.64, indicating better cost management[45] - The net cash flow from investing activities was -¥51,440,713.82, an improvement from -¥93,311,828.24 in the previous year[46] - Cash inflow from financing activities reached ¥1,417,638,549.71, significantly higher than ¥639,924,466.73 in the prior year[46] - The net cash flow from financing activities was ¥285,893,356.02, compared to just ¥2,790,754.69 in the same quarter last year[46] - The ending balance of cash and cash equivalents increased to ¥415,801,606.35 from ¥75,921,606.67 year-on-year[46] - The company experienced a net increase in cash and cash equivalents of ¥273,448,165.06, contrasting with a decrease of ¥215,837,600.80 in the same quarter last year[46] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,609,178,908.89, an increase of 12.81% from ¥4,085,820,078.38 at the end of the previous year[7] - Total liabilities reached CNY 3,536,466,370.46, an increase of 13.3% from CNY 3,121,061,915.76[29] - Shareholders' equity totaled CNY 1,072,712,538.43, up from CNY 964,758,162.62, reflecting an increase of 11.2%[29] Operational Efficiency - Total operating costs for Q1 2019 were CNY 526,147,626.32, down 10.8% from CNY 589,810,624.47 in Q1 2018[35] - The gross profit margin decreased from 14.25% to 11.92% due to higher operating costs[39] - Operating profit for the first quarter was CNY 10,898,613.37, a decrease of 27.67% compared to CNY 15,115,371.40 in the previous year[37] Investments and Expenses - Financial expenses increased by 37.71% compared to the same period last year, mainly due to new financing methods and interest on convertible bonds[16] - Investment income increased by 1445.16% compared to the same period last year, primarily due to changes in investment income from financial assets measured at fair value[16] - Research and development expenses for Q1 2019 were CNY 15,541,070.29, slightly down from CNY 16,471,708.73 in the previous year[35] - The company incurred research and development expenses of CNY 8,914,273.92, which is a decrease of 30.54% from CNY 12,865,320.27 in the previous year[39] Government Support - The company recognized government subsidies amounting to ¥8,987,297.24 during the reporting period, which are closely related to its business operations[8]