科泰电源(300153) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was ¥190,347,003.89, a decrease of 23.88% compared to ¥250,068,189.73 in the same period last year[7] - Net profit attributable to shareholders was -¥7,036,417.50, representing a decline of 452.72% from ¥1,994,918.86 in the previous year[7] - Basic and diluted earnings per share were both -¥0.0220, down 454.84% from ¥0.0062 in the same period last year[7] - The company reported operating revenue of 190.35 million yuan, a decrease of 23.88% compared to the same period last year[17] - The net profit attributable to shareholders was -7.04 million yuan, a decline of 452.72% year-on-year[17] - The total profit for Q1 2019 was CNY 1,933,394.94, down 76.70% from CNY 8,274,443.22 in Q1 2018[46] - Operating profit for the first quarter was CNY 1,759,467.48, a decline of 69.67% from CNY 5,799,038.22 year-over-year[46] - The total comprehensive loss for Q1 2019 was CNY 8,427,305.52, compared to a loss of CNY 3,822,188.17 in the previous year[42] Cash Flow - Net cash flow from operating activities was -¥46,221,905.75, a decrease of 397.58% compared to -¥9,289,370.69 in the previous year[7] - The net cash flow from operating activities was -46,200,742.06 CNY, compared to -2,546,577.71 CNY in the previous year, indicating a significant decline[53] - Cash flow from operating activities showed a net outflow of CNY 46,221,905.75, worsening from a net outflow of CNY 9,289,370.69 in the previous year[49] - Cash outflow from operating activities was CNY 318,484,009.25, an increase from CNY 229,206,970.45 in Q1 2018[49] - The total cash outflow from operating activities was 215,845,953.81 CNY, compared to 174,377,171.24 CNY in the previous year, reflecting increased operational expenses[53] - Cash flow from investing activities resulted in a net outflow of CNY 12,057,957.86, compared to a net outflow of CNY 21,315,563.60 in the previous year[50] - Cash flow from financing activities showed a net outflow of CNY 24,586,343.83, worsening from a net outflow of CNY 8,160,912.52 in Q1 2018[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,546,889,950.56, down 5.38% from ¥1,634,781,456.04 at the end of the previous year[7] - Total current assets decreased to ¥922,901,108.39 from ¥1,011,476,482.41, a decline of approximately 8.7%[31] - Total liabilities decreased to ¥593,177,356.72 from ¥672,641,556.68, a decline of approximately 11.8%[32] - The company's equity attributable to shareholders decreased to ¥949,559,852.71 from ¥957,986,411.10, a decline of approximately 0.9%[33] - The company's total liabilities decreased to CNY 449,427,091.22 from CNY 507,316,049.67, reflecting a reduction of 11.4%[38] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,031[10] - The largest shareholder, KOTAI Holdings Limited, held 36.20% of the shares, totaling 115,840,000 shares[10] Operational Changes and Strategies - The company plans to expand its business in new energy vehicles and specialized vehicles to mitigate risks from macroeconomic fluctuations[21] - The company aims to diversify its revenue sources by developing new business areas, including mixed energy and after-market services[21] - The company is facing risks related to industry policy changes, particularly in the new energy vehicle sector, which may impact operational costs[24] - The company will strengthen project feasibility studies and enhance group management to mitigate investment and operational risks[22] Expenses - Sales expenses increased by 36.31% year-on-year, primarily due to increased expenses from subsidiaries[17] - Financial expenses decreased by 206.47% year-on-year, mainly due to reduced exchange losses[17] - Research and development expenses for Q1 2019 were CNY 6,355,753.37, an increase of 7.8% from CNY 5,895,969.44 in the previous year[39] Investment Performance - Investment income decreased by 337.84% year-on-year, primarily due to losses from invested parties[17] - The company reported an investment loss of CNY 6,280,503.86 in Q1 2019, compared to a gain of CNY 2,640,657.70 in the same period last year[39] Cash and Cash Equivalents - The company reported a significant increase in cash paid for purchasing goods and services, totaling 171,818,616.64 CNY, compared to 130,890,361.12 CNY in the previous year[53] - Cash and cash equivalents dropped to ¥188,619,777.61 from ¥279,266,507.05, representing a decrease of about 32.5%[30] - The ending balance of cash and cash equivalents was CNY 172,993,998.83, down from CNY 193,759,082.61 at the end of the previous year[50] - The cash and cash equivalents at the end of the period amounted to 77,248,814.67 CNY, down from 158,494,960.13 CNY at the beginning of the period[54] Audit Status - The company’s financial report for the first quarter was not audited[55]