Financial Performance - Total revenue for Q1 2019 was ¥166,391,928.17, an increase of 11.07% compared to ¥149,803,662.16 in the same period last year[8]. - Net profit attributable to shareholders was ¥13,087,847.34, representing a growth of 35.68% from ¥9,646,199.28 year-on-year[8]. - Net profit excluding non-recurring gains and losses reached ¥7,621,635.28, up 75.81% from ¥4,335,229.20 in the previous year[8]. - Basic earnings per share were ¥0.0260, reflecting a 35.42% increase from ¥0.0192 year-on-year[8]. - The company achieved operating revenue of 166.39 million RMB, an increase of 11.07% compared to the same period last year[30]. - The net profit attributable to shareholders of the listed company was 13.09 million RMB, representing a growth of 35.68% year-on-year[30]. - The company's total profit for the current period is ¥15,092,272.15, up from ¥10,402,525.58 in the previous period, marking a 45.0% increase[69]. - The total comprehensive income attributable to the parent company's owners is ¥10,142,217.35, compared to ¥4,592,237.17 in the previous period, reflecting a significant increase[69]. Cash Flow - Net cash flow from operating activities was ¥40,102,214.79, a 57.06% increase compared to ¥25,532,555.19 in the same period last year[8]. - Cash flow from operating activities increased by 57.06% to 40.10 million RMB, driven by higher operating income and receivables recovery[25]. - The cash flow from operating activities is ¥212,930,440.02, an increase from ¥176,447,192.99 in the previous period, showing a growth of 20.6%[77]. - Operating cash inflows totaled ¥221,285,332.74, an increase of 19.6% compared to ¥185,014,839.65 in the previous period[79]. - The net cash flow from investment activities was ¥28,127,848.25, a recovery from a negative cash flow of ¥1,846,680.61 in the previous period[83]. - Cash and cash equivalents at the end of the period were ¥247,427,954.27, up from ¥185,786,869.09, reflecting a net increase of 33.1%[83]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,022,012,848.43, a decrease of 1.40% from ¥1,036,561,045.79 at the end of the previous year[8]. - Total current assets as of March 31, 2019, were ¥619,978,684.11, down from ¥654,085,630.07 at the end of 2018, reflecting a decrease of approximately 5.2%[45]. - Total liabilities decreased to ¥121,385,807.91 from ¥145,724,023.12, indicating a reduction of approximately 16.7%[48]. - The company's total assets increased to CNY 858,238,730.18 from CNY 829,601,669.34, representing a growth of 3.2%[61]. - Current liabilities totaled CNY 140,017,121.26, while total liabilities reached CNY 145,724,023.12[93]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,241[13]. - The largest shareholder, Li Huanchang, held 45.86% of the shares, with a total of 230,426,200 shares[13]. - The total equity attributable to shareholders of the parent company was CNY 885,143,277.76, an increase from CNY 875,001,060.41[51]. Government Support and Investments - The company received government subsidies amounting to ¥5,046,087.61 during the reporting period[8]. - The company plans to continue investing in R&D, with R&D expenses reported at CNY 7,479,620.72 for the quarter[62]. - The company continues to enhance its competitive edge by investing in high-precision equipment and optimizing internal management[29]. Operational Efficiency - Other receivables increased by 40.69% year-on-year, primarily due to increased rent, utility fees, deposits, and guarantees from subsidiaries[23]. - Non-current assets due within one year decreased by 77.06%, mainly due to the recovery of a 27 million RMB loan[23]. - Construction in progress rose by 62.93% year-on-year, attributed to the purchase of equipment in the Philippines[23]. - Long-term prepaid expenses increased by 90.54%, mainly due to renovation costs for cleanroom facilities[23]. - The company reported a decrease in short-term borrowings, reflecting improved liquidity management[58]. Foreign Exchange and Investment Income - The company reported a foreign currency translation loss of ¥2,945,629.99, compared to a loss of ¥5,053,962.11 in the previous period, showing an improvement[69]. - The investment income for the current period is ¥40,164,418.17, a significant recovery from a loss of ¥561,941.23 in the previous period[70].
昌红科技(300151) - 2019 Q1 - 季度财报