宇环数控(002903) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥8,072,789.68, a decrease of 81.53% compared to ¥43,696,250.43 in the same period last year[9]. - The net profit attributable to shareholders was -¥7,686,865.00, representing a decline of 163.41% from ¥12,121,990.60 year-on-year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥12,098,094.33, a decrease of 458.62% compared to ¥3,373,533.18 in the previous year[9]. - Operating revenue fell by 81.53% to ¥8,072,789.68 compared to ¥43,696,250.43 in the previous period[24]. - The company's gross profit for Q1 2019 was CNY -12,876,546.57, compared to CNY 3,935,791.89 in the previous period, reflecting a negative shift in profitability[33]. - The total comprehensive income for Q1 2019 was a loss of CNY 7,686,865.00, compared to a gain of CNY 12,121,990.60 in the same period last year[36]. - The total profit for Q1 2019 was a loss of CNY 6,539,222.68, compared to a profit of CNY 14,037,792.69 in Q1 2018, indicating a downward trend[39]. Cash Flow - The net cash flow from operating activities improved to ¥1,998,901.26, a 110.46% increase from -¥19,101,651.64 in the same period last year[9]. - The company's operating cash flow for Q1 2019 was CNY 1,998,901.26, a recovery from a negative cash flow of CNY -19,101,651.64 in the previous year[43]. - The net cash flow from operating activities for the first quarter was -690,402.10 RMB, compared to -22,007,842.27 RMB in the previous year, indicating an improvement[47]. - Total cash inflow from operating activities was 55,847,104.60 RMB, up from 44,754,921.45 RMB year-on-year[47]. - Cash outflow from operating activities decreased to 56,537,506.70 RMB from 66,762,763.72 RMB in the previous year[47]. - The net cash flow from investment activities was -1,370,929.33 RMB, compared to -83,889,909.03 RMB in the previous year, showing a significant reduction in losses[48]. - The company reported a total cash decrease of 2,061,331.43 RMB for the quarter, compared to a decrease of 105,897,751.30 RMB in the previous year[48]. Assets and Liabilities - Total assets at the end of the reporting period were ¥686,496,081.39, a decrease of 4.64% from ¥719,921,882.04 at the end of the previous year[9]. - The total assets as of March 31, 2019, were CNY 693,268,158.58, a decrease from CNY 723,862,500.29 at the end of 2018, representing a decline of about 4.2%[32]. - The total liabilities as of March 31, 2019, were CNY 62,497,758.82, down from CNY 86,790,517.27 in the previous period, indicating a reduction of approximately 28.0%[32]. - Total liabilities decreased by 30.20% in accounts payable to ¥51,212,041.65 from ¥73,367,374.38[24]. - Cash and cash equivalents decreased by 72.07% to ¥25,903,484.46 from ¥92,754,434.48 year-on-year[24]. - Cash and cash equivalents decreased to CNY 41,832,775.29 from CNY 61,645,325.30, representing a decline of approximately 32.2%[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,045[12]. - The largest shareholder, Xu Shixiong, holds 38.25% of the shares, totaling 57,375,000 shares[12]. - The net assets attributable to shareholders decreased by 1.20% to ¥608,610,294.07 from ¥616,007,343.61 at the end of the previous year[9]. - The total equity attributable to shareholders was CNY 630,770,399.76 as of March 31, 2019, compared to CNY 637,071,983.02 at the end of 2018, reflecting a decrease of about 1.9%[32]. Research and Development - Research and development expenses rose by 31.29% to ¥5,940,653.38 from ¥4,524,903.86, reflecting increased investment in new product development[24]. - Research and development expenses for Q1 2019 amounted to CNY 5,323,517.02, an increase from CNY 3,982,228.79 in Q1 2018, reflecting a focus on innovation[38].