ST金运(300220) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was ¥39,959,053.42, a decrease of 29.41% compared to ¥56,608,253.54 in the same period last year[7] - Net profit attributable to shareholders was ¥3,327,864.52, down 22.10% from ¥4,271,827.05 year-on-year[7] - Net profit excluding non-recurring items was ¥3,134,660.46, reflecting a 22.94% decline from ¥4,067,909.47 in the previous year[7] - Basic earnings per share decreased by 22.12% to ¥0.0264 from ¥0.0339 in the same period last year[7] - The total operating revenue for the reporting period was 39.95 million yuan, a decrease of 29.41% compared to the same period last year, primarily due to a downturn in the downstream industry and adjustments in product structure[19] - Total operating revenue for Q1 2019 was CNY 39,959,053.42, a decrease of 29.5% compared to CNY 56,608,253.54 in the same period last year[40] - Total profit for Q1 2019 was CNY 4,145,669.66, a decrease of 16.0% compared to CNY 4,938,982.90 in Q1 2018[42] - Operating profit for Q1 2019 was CNY 4,126,642.93, slightly down from CNY 4,935,603.12 in the same quarter last year[40] - The company reported a decrease in sales expenses to CNY 5,321,157.72 from CNY 4,455,542.66 year-over-year[40] - The company recorded a total comprehensive income of CNY 3,366,994.53, down from CNY 4,192,507.89 in Q1 2018[42] Cash Flow - The net cash flow from operating activities improved to ¥534,290.14, compared to a negative cash flow of ¥7,489,951.55 in the previous year[7] - The net cash flow from operating activities for Q1 2019 was ¥534,290.14, a significant improvement compared to a net outflow of ¥7,489,951.55 in the same period last year[49] - Total cash inflow from operating activities was ¥42,927,252.54, while cash outflow was ¥42,392,962.40, resulting in a net cash inflow of ¥534,290.14[49] - Cash flow from financing activities increased, primarily due to the increase in bank loans during the reporting period[18] - The net cash flow from financing activities was positive at ¥97,879.00, contrasting with a net outflow of ¥11,511,771.51 in the previous year[50] - Total cash inflow from operating activities was ¥29,553,475.90, slightly up from ¥29,508,337.90 in the previous year[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥365,794,268.28, an increase of 2.95% from ¥355,306,950.77 at the end of the previous year[7] - Current liabilities rose to CNY 104,559,894.50, up from CNY 96,619,786.96, indicating an increase of about 8.93%[34] - The total liabilities amounted to CNY 105,546,937.95, up from CNY 97,670,614.97, representing an increase of around 8.96%[34] - Total assets increased to CNY 365,794,268.28 as of March 31, 2019, compared to CNY 355,306,950.77 at the end of 2018, reflecting a growth of approximately 1.38%[33] - The company’s total non-current assets increased to CNY 152,403,310.63 from CNY 143,535,161.98, reflecting a growth of approximately 6.03%[33] - Total liabilities reached CNY 67,517,116.89, with current liabilities at CNY 66,466,288.88 and non-current liabilities at CNY 1,050,828.01[59] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,525[11] - The largest shareholder, Liang Wei, holds 49.64% of the shares, totaling 62,540,753 shares, with a portion pledged[11] - Owner's equity totaled CNY 260,247,330.33, compared to CNY 257,636,335.80, indicating a growth of about 1.24%[35] - The company reported a net profit of CNY 30,090,783.58 in retained earnings, up from CNY 27,518,919.06, an increase of approximately 5.69%[35] Operational Changes - Development expenditures surged by 494.84% to 2,624,226.60 yuan, driven by new R&D investments[18] - Operating costs decreased by 40.30% to 24,919,140.31 yuan, attributed to reduced revenue and ongoing product structure optimization[18] - The company is focusing on high-margin, high-tech equipment products, leading to transitional fluctuations in order structure and total volume[19] - The company has signed 78 unfulfilled sales orders with a total contract value of approximately 35.38 million yuan by the end of the reporting period[21] Risks and Challenges - The company faces risks related to foreign exchange fluctuations and potential increases in accounts receivable and financing costs due to uncertain international political and economic conditions[25] Other Financial Information - The company has not undergone an audit for the first quarter report[61] - The financial report reflects the implementation of new financial instrument standards effective from January 1, 2019[60]