惠伦晶体(300460) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was ¥42,675,783.09, a decrease of 46.74% compared to ¥80,121,246.58 in the same period last year[6] - Net profit attributable to shareholders was -¥12,517,615.41, representing a decline of 625.84% from ¥2,380,510.88 in the previous year[6] - Basic earnings per share were -¥0.074, down 628.57% from ¥0.014 in the same period last year[6] - The company's operating revenue for the reporting period was CNY 42.68 million, a decrease of 46.75% compared to the same period last year, primarily due to insufficient orders for electronic components caused by the US-China trade friction and the transition from 4G to 5G technology[17] - The net profit attributable to shareholders for the reporting period was CNY -12.52 million, a decrease of 625.84% year-on-year, reflecting the adverse impact of market conditions[17] - Net profit for Q1 2019 was a loss of CNY 12,517,615.41, compared to a profit of CNY 2,380,510.88 in Q1 2018, indicating a significant decline[34] Cash Flow - Net cash flow from operating activities was ¥2,355,719.96, a decrease of 73.00% compared to ¥8,724,230.77 in the previous year[6] - The net cash flow from operating activities decreased by 73.00% compared to the same period last year, mainly due to a reduction in cash received from sales and tax refunds[16] - The net cash flow from investing activities increased by 92.54% year-on-year, primarily due to a decrease in purchases of machinery and bank financial products[16] - The net cash flow from financing activities decreased by 84.71% compared to the previous year, mainly due to a reduction in cash received from bank loans[16] - The total comprehensive income for the current period is -¥12,517,615.41, compared to ¥2,380,510.88 in the previous period[36] - The net cash flow from operating activities is ¥2,355,719.96, a decrease of 73.0% from ¥8,724,230.77 in the previous period[43] Assets and Liabilities - Total assets at the end of the reporting period were ¥955,514,215.85, down 3.70% from ¥992,175,976.08 at the end of the previous year[6] - The company's net assets attributable to shareholders decreased by 1.91% to ¥643,821,607.61 from ¥656,339,223.02 at the end of the previous year[6] - Total assets as of March 31, 2019, were CNY 955,906,404.12, down from CNY 984,734,520.03 at the end of 2018, a decrease of 2.9%[29] - The company's total liabilities as of March 31, 2019, were CNY 311.69 million, compared to CNY 335.84 million at the end of the previous year[25] - Total liabilities decreased to CNY 304,272,607.29 from CNY 324,763,568.25, a reduction of 6.3%[30] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,132[9] - The company’s equity attributable to shareholders was CNY 643,821,607.61, down from CNY 656,339,223.02, a decrease of 1.9%[29] Research and Development - The company reported R&D expenses of CNY 4,963,113.98 for Q1 2019, an increase from CNY 3,876,225.68 in Q1 2018, indicating a growth of 28.1%[32] - The company incurred research and development expenses of ¥3,905,587.64, slightly up from ¥3,876,225.68 in the previous period[38] Financial Adjustments - The company adjusted its financial statements to comply with new financial instrument standards, impacting the classification of certain assets[51] - The company adjusted the balance of financial assets measured at fair value to CNY 74,389,315.60, reclassifying it to trading financial assets under the new financial instrument standards[54] Audit Status - The first quarter report was not audited, indicating that the figures presented are unaudited[55]