宁通信B(200468) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥489,849,942.04, a decrease of 15.44% compared to ¥579,271,964.31 in the same period last year[8] - The net profit attributable to shareholders was -¥36,835,612.35, representing a significant decline of 474.56% from -¥6,411,052.72 year-on-year[8] - The basic and diluted earnings per share were both -¥0.171, a decrease of 470.00% from -¥0.030 in the same period last year[8] - The company's net loss for Q1 2019 was CNY 39,004,448.00, compared to a net loss of CNY 33,475,614.88 in Q1 2018[35] - The total comprehensive income for the first quarter was a loss of CNY 37,027,875.73, compared to a loss of CNY 3,305,344.21 in the previous period[38] - The operating profit for the first quarter was a loss of CNY 36,999,847.61, compared to a loss of CNY 34,558,568.29 in the previous year[38] Cash Flow - The net cash flow from operating activities was -¥196,430,725.42, which is an 8.08% increase in cash outflow compared to -¥181,745,941.41 in the previous year[8] - The cash flow from operating activities was CNY 313,723,579.91, compared to CNY 410,981,475.60 in the previous year[44] - Total cash inflow from operating activities was 321,469,505.31 CNY, while cash outflow was 517,900,230.73 CNY, resulting in a net cash outflow of 196,430,725.42 CNY[45] - Cash inflow from financing activities amounted to 178,019,010.00 CNY, a decrease of 9.4% from 196,510,000.00 CNY in the previous year[46] - The total cash and cash equivalents at the end of the period were 52,879,793.28 CNY, down from 201,349,242.17 CNY, representing a decrease of about 73.7%[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,830,688,487.09, down 13.68% from ¥2,120,744,292.41 at the end of the previous year[8] - The total liabilities increased significantly, with non-current liabilities rising by 415.11% from CNY 7,296,315.00 to CNY 37,583,820.37 due to financing through sale-leaseback of fixed assets[15] - The total liabilities to total assets ratio increased, reflecting a higher leverage position as total liabilities rose while total assets decreased[27] - Total liabilities decreased to CNY 1,379,718,892.54 from CNY 1,632,746,822.13, a decline of 15.5%[29] - The company's total liabilities amounted to CNY 1,632,746,822.13, with non-current liabilities at CNY 7,296,315.00[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,979[11] - The largest shareholder, China Putian Information Industry Co., Ltd., holds 53.49% of the shares, totaling 115,000,000 shares[11] - The net assets attributable to shareholders decreased by 10.37%, from ¥355,289,728.24 to ¥318,454,065.69[8] - Total equity attributable to shareholders decreased to CNY 318,454,065.69 from CNY 355,289,728.24, a decrease of 10.4%[29] Operational Challenges - The company anticipates continued challenges in the upcoming periods, with potential for further losses compared to the previous year[18] - There were no significant new strategies or product developments mentioned during the reporting period[14] - Net profit for the period was a loss of CNY 37,027,819.95, a 1019.93% increase in loss compared to the previous year's loss of CNY 3,306,273.76, primarily due to decreased procurement demand from telecom operators and internal restructuring[15] Research and Development - Research and development expenses for Q1 2019 were CNY 21,346,015.89, an increase of 6.8% compared to CNY 19,996,784.75 in Q1 2018[35] - The company's research and development expenses amounted to CNY 4,382,066.04, slightly down from CNY 5,065,578.41 in the previous period[40]