台基股份(300046) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was ¥83,150,861.68, a decrease of 26.56% compared to ¥113,225,875.26 in the same period last year[8] - Net profit attributable to shareholders was ¥23,020,569.93, down 0.73% from ¥23,188,976.37 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥20,688,413.24, a decline of 10.48% from ¥23,110,380.96 in the previous year[8] - The basic earnings per share for Q1 2019 was ¥0.1080, a slight decrease of 0.74% compared to ¥0.1088 in the same period last year[8] - The weighted average return on equity was 2.54%, down 0.19 percentage points from 2.73% year-on-year[8] - The company reported non-recurring gains and losses totaling ¥2,332,156.69 for the period[9] - The company's revenue for the first quarter was 83.15 million yuan, a year-on-year decrease of 26.56%, while net profit attributable to shareholders was 23.02 million yuan, a decrease of 0.73%[18] - Total operating revenue for Q1 2019 was CNY 83,150,861.68, a decrease of 26.5% compared to CNY 113,225,875.26 in the same period last year[43] - Net profit for Q1 2019 was CNY 22,347,958.58, reflecting a significant decline compared to the previous year's profit[43] - Total comprehensive income for Q1 2019 was CNY 23,021,123.45, down from CNY 23,188,976.37 in the previous year, reflecting a decrease of about 0.7%[45] Cash Flow and Assets - Net cash flow from operating activities increased significantly by 826.58% to ¥15,408,566.28 from ¥1,662,948.55 in the same period last year[8] - The company's net cash flow from operating activities was 15.41 million yuan, an increase of 13.75 million yuan or 826.58% year-on-year, primarily due to increased cash received from sales and reduced cash paid for goods and services[17] - Total assets at the end of the reporting period were ¥1,067,602,106.96, reflecting a 1.64% increase from ¥1,050,389,797.77 at the end of the previous year[8] - Total current assets increased to CNY 629.30 million from CNY 609.75 million as of December 31, 2018[35] - Cash and cash equivalents rose to CNY 297.23 million from CNY 280.74 million[34] - Accounts receivable increased to CNY 180.28 million from CNY 173.48 million[34] - Inventory decreased to CNY 84.50 million from CNY 93.34 million[34] - Total liabilities decreased to CNY 117,773,855.18 from CNY 116,706,053.99, a slight decline of 0.9%[41] - The company's equity attributable to shareholders increased to CNY 887,189,331.03 from CNY 876,284,635.67, reflecting a growth of 1.0%[42] Research and Development - The company has made significant progress in R&D, with key projects including 7.5KV high voltage devices and IGBT modules, most of which have entered mass production, enhancing the company's core competitiveness[19] - The company obtained 2 invention patents during the reporting period, which will help maintain its technological leadership and enhance core competitiveness[19] - Research and development expenses for Q1 2019 were CNY 2,309,878.27, an increase of 45.7% compared to CNY 1,583,855.36 in the previous year[43] - The company plans to accelerate the R&D of new devices and expand high-end customer development to address intensified market competition[21] Investment and Fundraising - The company is planning a non-public offering of shares to raise funds for the upgrade of new high-power semiconductor devices, though the outcome remains uncertain[23] - Total fundraising amount reached CNY 588.05 million, with CNY 3.7 million invested in the current quarter[26] - Cumulative investment from fundraising amounts to CNY 517.01 million, representing 88% of the total fundraising[26] - The company has invested CNY 260.5 million in the upgrade of high-power semiconductor devices, achieving 98.25% of the planned investment[27] - Acquisition of 100% equity in Beijing Bihanchun Tian Film Co., Ltd. involved CNY 380 million, with CNY 256.63 million paid to date, achieving 67.54% of the planned investment[27] Customer and Supplier Concentration - The company's top five suppliers accounted for 58.39% of total purchases, amounting to 17.93 million yuan, compared to 49.80% in the same period last year[19] - The company's top five customers accounted for 39.12% of total revenue, amounting to 32.53 million yuan, down from 49.75% in the same period last year[20]