长盈精密(300115) - 2019 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2019 was CNY 1,745,495,604.07, an increase of 6.12% compared to CNY 1,644,806,342.85 in the same period last year[8] - Net profit attributable to shareholders was CNY 43,251,222.31, representing a 42.91% increase from CNY 30,263,612.89 year-on-year[8] - Net profit excluding non-recurring gains and losses reached CNY 36,340,262.53, up 65.47% from CNY 21,962,236.18 in the previous year[8] - Basic earnings per share increased to CNY 0.0477, a rise of 43.24% compared to CNY 0.0333 in the same period last year[8] - Operating profit reached CNY 50.96 million, up 87.46% compared to the same period last year[25] - The net profit for the current period is CNY 42,068,837.52, compared to CNY 15,768,733.28 in the previous period, representing a significant increase[57] - The total comprehensive income for the current period is CNY 41,792,156.18, compared to CNY 15,373,137.23 in the previous period, indicating a strong performance[57] Cash Flow - The net cash flow from operating activities was negative CNY 20,224,839.92, a decline of 106.62% from CNY 305,621,994.89 in the previous year[8] - Cash flow from operating activities decreased by CNY 325.85 million, a decline of 106.62% compared to the previous year[21] - Operating cash flow for the current period is ¥3,524,305.39, a significant decrease of 97.4% compared to ¥136,135,746.01 in the previous period[72] - Cash inflow from operating activities totaled ¥1,408,107,527.27, down 29.1% from ¥1,988,810,338.20 year-over-year[72] - Cash outflow from operating activities was ¥1,404,583,221.88, a decrease of 24.2% compared to ¥1,852,674,592.19 in the previous period[72] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,847,721,958.82, a slight increase of 0.37% from CNY 9,811,481,669.66 at the end of the previous year[8] - Current liabilities totaled CNY 4,925,453,858.13, compared to CNY 4,857,443,970.80 in the previous period, reflecting a growth of approximately 1.4%[41] - The company's total liabilities reached CNY 5,328,109,296.54, up from CNY 5,254,532,171.54, indicating a rise of about 1.4%[41] - The total current assets amounted to CNY 3,701,135,108.95, an increase from CNY 3,242,358,060.32, indicating a growth of approximately 14.1%[48] - The total liabilities amount to CNY 3,004,458,811.71, an increase from CNY 2,550,519,641.58 in the previous period[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,006[12] - The largest shareholder, Xinjiang Changying Yuefu Equity Investment Co., Ltd., held 388,316,759 shares, representing a significant portion of the company's equity[12] - The company's total equity attributable to owners is CNY 3,483,401,502.64, compared to CNY 3,457,082,908.11 in the previous period, indicating growth[54] Expenses and Investments - The company reported non-operating income of CNY 6,910,959.78, primarily from government subsidies and other income[8] - Financial expenses rose by CNY 16.26 million, an increase of 39.28% year-on-year, primarily due to higher interest expenses[21] - Research and development expenses for the current period are CNY 188,087,405.93, slightly down from CNY 195,997,857.67 in the previous period[54] - The company incurred asset impairment losses of ¥6,451,487.82, compared to a gain of ¥11,076,090.07 in the previous period[61] Strategic Initiatives - The company plans to enhance its international customer base and diversify its product structure to mitigate risks from the complex international economic environment[25] - The company aims to accelerate automation upgrades in production lines to control rising labor costs effectively[26] Other Financial Metrics - The company repurchased 13 million shares, accounting for 1.43% of the total share capital, with a total transaction amount of approximately CNY 121.18 million[27] - The company reported a financial expense of CNY 57,639,852.09, which is an increase from CNY 41,382,833.68 in the previous period[54] - The tax expenses for the current period are CNY 8,702,838.29, compared to CNY 10,809,368.54 in the previous period, showing a decrease[57] - The company has not made any retrospective adjustments to the previous year's comparative data under the new financial instrument standards[89] - The first quarter report was not audited, which may impact the reliability of the financial data presented[91]