*ST红相(300427) - 2019 Q1 - 季度财报

Financial Performance - Total operating revenue for the first quarter reached ¥308,838,625.58, an increase of 23.88% compared to ¥249,305,004.72 in the same period last year[7]. - Net profit attributable to shareholders was ¥60,991,639.51, reflecting a 2.70% increase from ¥59,385,847.88 year-on-year[7]. - Basic earnings per share rose to ¥0.1720, up 2.14% from ¥0.1684 in the same period last year[7]. - Operating revenue for the period increased by 5,953.36 million yuan, a growth of 23.88% compared to the same period last year[31]. - Net profit decreased by 383.58 million yuan, a decline of 5.45% compared to the previous year[31]. - The total profit for the current period was ¥79,979,199.75, down from ¥83,592,793.31 in the previous period, indicating a decline of 4.0%[69]. - The company’s total comprehensive income for the current period was ¥66,565,725.04, down from ¥70,497,469.09 in the previous period, marking a decrease of 5.5%[70]. Cash Flow - Net cash flow from operating activities improved significantly to -¥12,811,911.57, a 74.37% reduction in losses compared to -¥49,980,083.53 in the previous year[7]. - Cash flow from operating activities was ¥274,092,496.16, significantly higher than ¥210,647,587.51 in the previous period[76]. - Cash inflow from operating activities totaled 289,886,539.21 CNY, an increase from 237,933,424.10 CNY, marking a growth of about 21.8%[77]. - The company incurred total cash outflow from operating activities of 302,698,450.78 CNY, compared to 287,913,507.63 CNY in the previous year, which is an increase of approximately 5.7%[77]. - Cash flow from investment activities increased by CNY 32,797,440, a growth of 69.27%, mainly due to a reduction in cash outflows for investments[34]. - The cash outflow from investing activities was 145,478,591.52 CNY, significantly lower than 477,452,972.03 CNY in the previous year, showing a reduction of about 69.5%[78]. Assets and Liabilities - Total assets increased by 12.19% to ¥4,100,722,603.18 from ¥3,655,014,496.02 at the end of the previous year[7]. - The total liabilities increased by 55,739.14 million yuan, a rise of 39.36% compared to the beginning of the year[27]. - Current liabilities rose to CNY 1,810,938,835.04, compared to CNY 1,154,584,183.24, marking an increase of about 56.8%[60]. - The company's equity attributable to shareholders decreased to CNY 2,033,564,306.04 from CNY 2,076,353,502.04, a decline of approximately 2.1%[61]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,059[11]. - Major shareholder Yang Baotian holds 28.85% of the shares, making him the largest shareholder[11]. - The total number of shares outstanding is 106,098,085, with 5,753,968 shares being restricted[21]. - The company has a structured release plan for personal lock-up shares, with 20% released annually, accumulating to 80% by the end of the lock-up period[16]. Research and Development - The company is developing a partial discharge data acquisition and comprehensive service platform, which is currently in the development stage[38]. - The company completed the development of the GIS partial discharge online monitoring system, enhancing product competitiveness and reducing cost pressure[39]. - The company has made progress in deep learning technology for interference suppression and defect identification, enhancing product performance in noisy environments[39]. - The company is focusing on technology reserves and research projects, with some products in the design and testing phases[42]. Investment and Acquisitions - The company acquired the remaining 49% equity of Zhejiang Hanpu Electric Power Technology Co., Ltd. for RMB 218,953,560[45]. - The company completed the non-public issuance of 5,753,968 shares, increasing total shares from 352,586,786 to 358,340,754, and registered capital from RMB 352,586,786 to RMB 358,340,754[44]. - The cumulative investment in the project for high voltage electrical equipment fault simulation laboratory construction is 2,500 million[48]. Operational Highlights - The company is actively pursuing market expansion and product development to enhance competitiveness and support sustainable growth[41]. - The company has completed the delivery of several products, with expectations for future orders in various projects[42]. - The company plans to terminate the measurement device detection and monitoring equipment production renovation project to enhance R&D capabilities[49].