天地数码(300743) - 2019 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2019 was ¥88,718,934.85, a decrease of 4.32% compared to ¥92,728,871.88 in the same period last year[7] - Net profit attributable to shareholders was ¥6,867,916.91, down 28.02% from ¥9,541,678.26 year-on-year[7] - Net profit excluding non-recurring items was ¥5,967,703.71, reflecting a decline of 36.16% from ¥9,347,175.11 in the previous year[7] - Basic and diluted earnings per share were both ¥0.1050, down 44.74% from ¥0.19 in the same period last year[7] - The weighted average return on equity was 1.77%, a decrease of 3.96% from 5.73% in the previous year[7] - The net profit for the period was 6.91 million yuan, down 28.63% year-on-year, primarily due to increased costs from higher average procurement prices of polyester film[15] - The company reported a net profit margin of approximately 7.5% for Q1 2019, down from 8.5% in Q4 2018, reflecting pressure on profitability[39] - The total comprehensive income for Q1 2019 was CNY 6,707,599.14, a decrease of 27.1% from CNY 9,187,137.67 in Q1 2018[42] - The company's operating profit for Q1 2019 was CNY 7,943,543.65, down 30.5% from CNY 11,463,468.93 in the same period last year[42] Cash Flow - Net cash flow from operating activities was -¥12,783,704.40, a significant decrease of 353.01% compared to ¥5,052,607.52 in the same period last year[7] - Cash flow from operating activities showed a net outflow of 12.78 million yuan, a decrease of 353.01% compared to the previous period[15] - The net cash flow from operating activities was -12,783,704.40 CNY, compared to 5,052,607.52 CNY in the previous period, indicating a significant decline[49] - Total cash inflow from operating activities was 114,471,872.56 CNY, up from 101,616,477.12 CNY year-over-year[49] - The cash outflow from operating activities increased to 127,255,576.96 CNY from 96,563,869.60 CNY, reflecting higher operational costs[49] - The net cash flow from investment activities was -10,819,008.98 CNY, compared to -4,654,016.31 CNY in the previous period, showing increased investment outflows[50] - Cash inflow from investment activities totaled 142,952,822.75 CNY, a significant increase from 21,049.31 CNY in the previous period[50] - Cash outflow from investment activities rose sharply to 153,771,831.73 CNY from 4,675,065.62 CNY, indicating aggressive investment strategies[50] - The net cash flow from financing activities was 12,737,512.13 CNY, compared to -5,550,529.38 CNY in the previous period, suggesting improved financing conditions[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥483,368,717.80, an increase of 0.33% from ¥481,766,151.83 at the end of the previous year[7] - The total assets of the company stood at CNY 483,368,717.81, a slight increase from CNY 481,766,151.83[31] - The total liabilities decreased to CNY 113,516,745.83 from CNY 108,732,314.38 in the previous quarter, showing improved financial stability[37] - The equity attributable to shareholders increased to CNY 383,750,717.20 from CNY 375,433,198.57, indicating a positive trend in retained earnings[38] - Short-term borrowings increased by 57.78% to 35.5 million yuan, reflecting new loans obtained during the period[15] - Short-term borrowings increased to CNY 35,500,000.00 from CNY 22,500,000.00, indicating a rise in financial leverage[31] Operational Highlights - The company received government subsidies amounting to ¥1,052,427.38 during the reporting period[8] - The company had approximately 42.8 million square meters of barcode product orders on hand at the end of the reporting period[16] - The company has not experienced significant changes in its top five suppliers or customers, indicating stable operational relationships[17][18] - The company has postponed the expansion project for high-performance thermal transfer imaging materials to June 30, 2020, due to funding delays[23] - The global marketing center construction project has also been delayed to June 30, 2020, to ensure effective implementation and local service[23] Research and Development - Research and development expenses rose to CNY 3,216,306.47, up from CNY 2,594,836.23 in Q4 2018, indicating a focus on innovation[39] - Research and development expenses for Q1 2019 were CNY 2,211,011.16, slightly up from CNY 2,164,820.93 in Q1 2018, indicating a focus on innovation[44]