信维通信(300136) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was CNY 1,094,343,030.23, representing a 26.92% increase compared to CNY 862,209,837.39 in the same period last year[3] - Net profit attributable to shareholders was CNY 241,189,547.68, up 14.85% from CNY 210,010,634.43 year-on-year[3] - Net profit excluding non-recurring gains and losses was CNY 226,014,508.63, reflecting a 10.98% increase from CNY 203,653,153.67 in the previous year[3] - Basic and diluted earnings per share were both CNY 0.2472, a 15.68% increase from CNY 0.2137 in the previous year[3] - The company achieved operating revenue of CNY 1,094,343,030.23, a 26.92% increase compared to CNY 862,209,837.39 in the same period last year[15] - The net profit attributable to shareholders was CNY 241,189,547.68, reflecting a 14.85% growth from CNY 210,010,634.43 year-on-year[15] - Net profit for Q1 2019 reached CNY 246,329,485.15, compared to CNY 209,119,733.70 in Q1 2018, marking an increase of approximately 18%[27] - The total comprehensive income for the current period was ¥240,708,689.71, compared to ¥209,135,224.87 in the previous period, indicating an increase of 15.1%[30] Cash Flow - Net cash flow from operating activities decreased by 76.39% to CNY 40,679,524.31, down from CNY 172,291,519.08 in the same period last year[3] - The company’s cash flow from operating activities decreased by 76.39% to CNY 40,679,524.31, primarily due to increased cash outflows for inventory purchases[14] - The cash flow from operating activities generated a net amount of ¥40,679,524.31, down 76.4% from ¥172,291,519.08 in the previous period[35] - Operating cash inflow for the first quarter was CNY 1,029,202,789.63, a significant increase from CNY 666,317,879.86 in the previous period, representing a growth of approximately 54.5%[38] - Net cash flow from operating activities was CNY 121,781,542.11, down from CNY 275,590,510.32 in the previous period, indicating a decline of about 55.8%[38] - Cash outflow from investment activities totaled CNY 351,994,797.92, compared to CNY 880,277,918.71 in the previous period, showing a decrease of approximately 60%[38] - The company reported a net increase in cash and cash equivalents of CNY 68,877,322.72, contrasting with a net decrease of CNY 298,298,752.13 in the previous period[39] - The ending balance of cash and cash equivalents was CNY 512,316,490.75, up from CNY 329,987,695.72 in the previous period, marking an increase of approximately 55.2%[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,508,724,203.86, a 4.04% increase from CNY 7,216,871,534.69 at the end of the previous year[3] - Total liabilities increased to CNY 3,553,021,863.07 from CNY 3,511,877,883.61, marking a rise of about 1.16%[20] - The company's total current assets reached CNY 3,880,844,481.13, slightly up from CNY 3,870,439,217.34 in the previous period[19] - The company's non-current assets totaled CNY 3,627,879,722.73, an increase from CNY 3,346,432,317.35, showing a growth of approximately 8.39%[19] - Total liabilities increased to CNY 3,827,564,567.43 from CNY 3,599,933,538.95, indicating a rise of about 6%[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 75,582[6] - The largest shareholder, Peng Hao, held 20.29% of the shares, amounting to 197,900,400 shares[6] - Net assets attributable to shareholders increased by 6.23% to CNY 3,911,517,232.12 from CNY 3,682,053,251.40 at the end of the previous year[3] - The company's equity attributable to shareholders reached CNY 3,911,517,232.12, up from CNY 3,682,053,251.40, reflecting an increase of approximately 6.22%[21] - The total equity of the company increased to CNY 2,775,438,131.57 from CNY 2,598,137,083.45, representing a growth of about 7%[25] Research and Development - Research and development expenses amounted to approximately CNY 73.98 million, an increase of 65.08% compared to the same period in 2018[15] - Research and development expenses for Q1 2019 were CNY 61,300,500.59, up from CNY 44,814,904.76, reflecting a 37% increase year-over-year[26] - Research and development expenses amounted to ¥34,501,784.49, which is an increase of 19.0% compared to ¥28,840,952.84 in the previous period[30] Operational Changes - The company is accelerating the construction of its industrial base in Changzhou, Jiangsu, to ensure sustainable future development[15] - The company reported a significant increase in prepayments, rising by 290.65% to CNY 26,812,505.17 due to increased material payments[13] - Short-term borrowings increased by 65.10% to CNY 1,181,936,624.34, driven by higher working capital needs[13] - The company’s long-term deferred expenses rose by 88.04% to CNY 148,968,528.44, attributed to investments in molds and automation equipment[13] - The company’s other current assets increased by 56.47% to CNY 160,294,114.35, mainly due to an increase in input VAT credits[13] - The company’s financial expenses decreased by 64.80% to CNY 11,801,628.89, mainly due to reduced exchange losses[13] Audit Information - The company did not undergo an audit for the first quarter report[41]