天龙集团(300063) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was CNY 1,587,428,880.66, a decrease of 16.35% compared to CNY 1,897,638,017.76 in the same period last year[7] - Net profit attributable to shareholders increased by 7.56% to CNY 21,812,072.63 from CNY 20,279,350.77 year-on-year[7] - Net profit excluding non-recurring gains and losses decreased by 7.09% to CNY 18,425,822.29 from CNY 19,831,854.30 in the previous year[7] - The company achieved operating revenue of 158,742.89 million yuan, a decrease of 16.35% compared to the same period last year[16] - The net profit attributable to shareholders was 2,181.21 million yuan, an increase of 7.56% year-on-year[16] - Total operating revenue for the current period is ¥1,587,428,880.66, a decrease of 16.34% from ¥1,897,638,017.76 in the previous period[34] - Net profit for the current period is ¥23,521,924.58, an increase of 19.84% compared to ¥19,588,805.15 in the previous period[36] - The total profit for the current period is ¥31,483,566.34, an increase of 7.83% from ¥29,173,756.58 in the previous period[36] Cash Flow - Net cash flow from operating activities was negative at CNY -33,515,147.67, a decline of 148.60% compared to CNY -13,481,640.97 in the same period last year[7] - The net cash flow from operating activities was -33,515,147.67 CNY, compared to -13,481,640.97 CNY in the previous period, indicating a decline in operational cash generation[44] - Total cash inflow from operating activities was 1,608,021,711.30 CNY, while cash outflow was 1,641,536,858.97 CNY, resulting in a net cash outflow of 33,515,147.67 CNY[44] - Cash inflow from financing activities amounted to 152,379,000.00 CNY, with cash outflow totaling 152,860,678.02 CNY, leading to a net cash flow of -481,678.02 CNY[45] - The company reported a net increase in cash and cash equivalents of -66,820,300.51 CNY, down from -24,075,841.67 CNY in the previous period[45] - The cash flow from operating activities showed a significant increase in cash received from other operating activities, rising to 146,212,549.85 CNY from 14,025,814.40 CNY[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,450,819,027.35, down 2.53% from CNY 2,514,499,026.71 at the end of the previous year[7] - The company's total liabilities decreased from ¥1,461,711,704.80 to ¥1,373,646,985.38, a decrease of around 6%[27] - Current liabilities decreased from ¥1,406,584,146.26 to ¥1,327,798,755.18, a reduction of about 5.5%[27] - The total equity increased from ¥1,052,787,321.91 to ¥1,077,172,041.97, reflecting an increase of about 2.3%[28] - The total non-current assets decreased slightly from ¥389,438,014.94 to ¥378,960,654.35, a decrease of approximately 2.5%[26] Shareholder Information - The company had a total of 32,505 common shareholders at the end of the reporting period[10] - The top 10 shareholders held a combined 56.32% of the total shares, with the largest shareholder holding 23.50%[10] Research and Development - Research and development expenses increased by 2,204,718.04 yuan compared to the same period last year, mainly due to increased funding for subsidiary R&D projects[15] - Research and development expenses increased to ¥3,869,067.00 from ¥1,664,348.96, reflecting a growth of 132.67%[34] Risks and Challenges - The company faces risks from macroeconomic fluctuations, regulatory changes, and market competition that could adversely affect its operations[18][19] Other Financial Metrics - Basic and diluted earnings per share increased by 7.53% to CNY 0.0300 from CNY 0.0279 year-on-year[7] - The company's basic earnings per share were 0.0300 yuan, a year-on-year increase of 7.53%[16] - The company reported a decrease in tax expenses to ¥7,961,641.76 from ¥9,584,951.43, a reduction of 16.91%[36] - The company experienced an asset impairment loss of ¥956,821.28, compared to a gain of ¥4,107,094.68 in the previous period[34]