ST迪威迅(300167) - 2019 Q1 - 季度财报

Revenue and Profitability - Total revenue for Q1 2019 was ¥82,749,437.05, representing a 40.37% increase compared to ¥58,951,045.84 in the same period last year[7] - Net profit attributable to shareholders was -¥4,553,083.16, a decrease of 119.11% from -¥2,078,034.40 year-on-year[7] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,727,304.43, a significant improvement of 165.31% from -¥2,644,842.77 in the previous year[7] - The company's operating revenue for the reporting period was 82,749,437.05, representing a 40.37% increase compared to the same period last year[14] - The net profit attributable to shareholders decreased compared to the previous year, but excluding the impact of a previous debt-for-equity agreement, the net profit increased by 69.68%[15] - Net loss for Q1 2019 was CNY 3,208,550.47, compared to a net loss of CNY 2,892,811.18 in Q1 2018, indicating a worsening of 10.9%[37] Cash Flow - The net cash flow from operating activities improved to -¥23,292,203.90, a 60.89% reduction in loss compared to -¥59,549,308.37 in the same period last year[7] - The net cash flow from operating activities decreased by 60.89%, amounting to -23,292,203.90, primarily due to an increase in cash received from other operating activities[14] - The net cash flow from operating activities is -23,292,203.90, an improvement from -59,549,308.37 in the previous period[46] - The net cash flow from operating activities for Q1 2019 was ¥6,623,596.03, a significant improvement compared to a net outflow of ¥18,661,179.67 in Q1 2018[49] - Cash outflows for operating activities totaled ¥144,270,622.83, an increase from ¥78,177,607.58 in Q1 2018[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,016,893,625.90, down 1.32% from ¥1,030,452,788.58 at the end of the previous year[7] - The company's current assets totaled CNY 594,330,181.39, compared to CNY 579,336,448.98 at the end of 2018, reflecting an increase of approximately 2.3%[27] - The total liabilities of the company were CNY 423,174,562.63, down from CNY 433,434,039.24, indicating a decrease of about 2.9%[28] - Total liabilities decreased to CNY 529,800,594.27 from CNY 547,239,455.67, a decline of 3.2%[33] - The total assets of the company as of January 1, 2019, were ¥1,030,452,788.58, with total liabilities of ¥433,434,039.24[53] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,935[10] - The largest shareholder, Beijing Ance Hengxing Investment Co., Ltd., held 36.84% of the shares, amounting to 110,593,658 shares[10] - The company's equity attributable to shareholders was CNY 542,459,803.89, a slight decrease from CNY 547,104,022.65[29] Research and Development - Research and development expenses increased by 48.95% to 3,037,494.28, driven by increased investment in R&D by the company's subsidiary[14] - Research and development expenses for Q1 2019 were CNY 3,037,494.28, up from CNY 2,039,240.23, reflecting a 49.0% increase[35] - Research and development expenses decreased to 683,125.42 from 1,382,484.22, a reduction of 50.7%[39] Compliance and Risks - The company is committed to maintaining compliance with its commitments regarding competition and fund usage, with no violations reported[19] - The company faces risks related to accounts receivable due to long settlement periods with local governments and industry users, which could pressure cash flow[18] - The company is enhancing its project management capabilities to address risks associated with long-term, large-scale projects[18] Financial Adjustments - The company adjusted its financial statements due to the first-time implementation of new financial instrument standards, revenue standards, and lease standards[51] - The first quarter report was not audited, which may affect the reliability of the financial data presented[57]