ALAE(SZ:300585)2019-04-22 16:00Financial Performance - Total revenue for Q1 2019 was ¥85,984,752.27, a decrease of 7.51% compared to ¥92,968,142.81 in the same period last year[8] - Net profit attributable to shareholders was ¥5,187,824.52, down 65.71% from ¥15,129,313.27 year-on-year[8] - Net profit after deducting non-recurring gains and losses was ¥3,560,284.82, a decline of 74.25% compared to ¥13,825,799.41 in the previous year[8] - Basic earnings per share decreased to ¥0.0321, down 66.07% from ¥0.0946 year-on-year[8] - Operating profit decreased by 83.30% to ¥3,046,363.19, impacted by lower product prices and rising costs[15] - The company reported total revenue of ¥85,984,752.27, a decrease of 7.51% compared to the previous year[16] - Net profit attributable to shareholders was ¥5,187,824.52, down 65.71% year-on-year[16] - The total profit for the current period is ¥5,281,635.71, down from ¥18,375,058.53, indicating a decline of approximately 71.2%[37] - Net profit for the current period is ¥5,134,332.85, down from ¥15,648,976.87 in the previous period, representing a decline of approximately 67.2%[38] Cash Flow - Operating cash flow for the period increased significantly to ¥31,770,576.57, up 343.38% from ¥7,165,560.90 in the same period last year[8] - The net cash flow from operating activities for Q1 2019 was CNY 31,770,576.57, a significant increase from CNY 7,165,560.90 in the same period last year, representing a growth of approximately 343%[45] - Total cash inflow from operating activities amounted to CNY 71,102,987.45, compared to CNY 53,690,933.21 in Q1 2018, indicating a year-over-year increase of about 32.4%[45] - Cash outflow from operating activities decreased to CNY 39,332,410.88 from CNY 46,525,372.31, reflecting a reduction of approximately 15.5%[45] - The ending balance of cash and cash equivalents increased to CNY 147,525,877.79 from CNY 53,107,081.65, marking a substantial rise of approximately 177%[46] - Cash inflow from financing activities totaled CNY 72,619,116.00, with a net cash flow of CNY 51,154,065.98, compared to a net outflow of CNY -77,972.36 in Q1 2018[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥862,545,062.71, an increase of 11.21% from ¥775,589,587.52 at the end of the previous year[8] - Current liabilities rose to CNY 344,273,959.94, compared to CNY 272,123,460.96, marking a 26.5% increase[28] - Total liabilities increased to CNY 389,226,518.02 from CNY 314,024,491.68, representing a rise of 24.0%[28] - Owner's equity rose to CNY 473,318,544.69 from CNY 461,565,095.84, an increase of 2.0%[29] - The company’s total non-current assets increased to CNY 401,616,708.17 from CNY 384,873,356.21, a growth of 4.5%[27] Investments and Expenditures - The company invested ¥23,821,177.02 in fixed assets, an increase of 128.58% compared to the previous year[15] - R&D expenses grew by 34.44% to ¥9,380,308.27, due to increased investment in R&D personnel[15] - The company has committed to an annual production capacity of 3 million sets of electronic throttle pedal assemblies, with an investment of ¥4,628.03 million, achieving a completion rate of 71.46%[20] - The annual production capacity for 1 million sets of shift controllers has an investment of ¥5,744.75 million, with a completion rate of 79.54%[20] - The project for 500,000 sets of Euro IV and above low-emission engine electronic throttle automation has an investment of ¥3,671.49 million, with a completion rate of 95.34%[20] Government Subsidies and Financial Assistance - The company received government subsidies amounting to ¥2,749,800.00 during the reporting period[9] - The company received government subsidies, leading to a 1022.31% increase in non-operating income to ¥2,805,763.95[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,702[11] - The largest shareholder, Liu Junsheng, holds 35.95% of the shares, amounting to 58,152,000 shares, which are currently pledged[11]