2019-04-26 16:00Financial Performance - Net profit attributable to shareholders increased by 280.02% to CNY 687.36 million year-on-year[6] - Operating revenue rose by 59.99% to CNY 35.08 billion compared to the same period last year[6] - Basic earnings per share increased by 200.00% to CNY 0.06[6] - Operating profit for Q1 2019 was RMB 1,277,126,364.46, compared to RMB 616,443,395.98 in Q1 2018, reflecting a growth of 106.7%[40] - The company reported a net loss of RMB 22,020,718,504.23 for Q1 2019, compared to a net loss of RMB 21,970,549,323.14 in Q1 2018[38] - The total comprehensive income for Q1 2019 was approximately ¥676.48 million, compared to -¥354.09 million in Q1 2018, showing a turnaround[41] Cash Flow - Net cash flow from operating activities reached CNY 4.09 billion, a significant recovery from a negative cash flow of CNY 529.19 million in the previous year[6] - Cash inflow from operating activities for Q1 2019 was approximately ¥36.79 billion, compared to ¥24.24 billion in Q1 2018, indicating a growth of about 51.6%[44] - The net cash flow from operating activities was 4,092,407,568.15 CNY, a significant improvement compared to -529,194,191.27 CNY in the same quarter last year[45] - The net cash flow from investing activities was -1,832,235,623.71 CNY, an improvement from -2,583,035,692.47 CNY year-over-year, reflecting better investment management[45] - Total cash inflow from financing activities reached 20,794,168,235.37 CNY, compared to 6,898,494,800.52 CNY in the previous year, indicating strong capital raising efforts[46] Assets and Liabilities - Total assets increased by 12.30% to CNY 256.20 billion compared to the end of the previous year[6] - The total liabilities increased to RMB 194,090,342,872.99 from RMB 171,790,915,611.87 year-on-year[36] - The total assets as of March 31, 2019, amounted to RMB 47,457,443,488.56, an increase from RMB 39,704,395,420.24 at the end of 2018[38] - Current liabilities totaled ¥88.78 billion, down from ¥99.89 billion, a reduction of ¥11.11 billion or about 11.13%[51] - Non-current liabilities decreased to ¥83.01 billion from ¥97.71 billion, a decrease of ¥14.70 billion or approximately 15.04%[51] Shareholder Information - The total number of shareholders reached 286,402 by the end of the reporting period[8] - China Ocean Shipping Company holds 37.18% of the shares, making it the largest shareholder[8] Revenue Breakdown - The total revenue from the Trans-Pacific route was RMB 9.186 billion, reflecting a year-on-year increase of 74.64%[27] - The total revenue for the Asia-Europe (including Mediterranean) route reached RMB 5,050,214,000, showing a significant growth of 21.41% year-on-year[29] - The total revenue for the Other International (including Atlantic) route increased by 32.80% year-on-year, amounting to RMB 3,340,416,000[29] Costs and Expenses - The group’s operating costs for Q1 2019 were RMB 31.155 billion, up RMB 10.962 billion or 54.28% compared to the previous year[19] - The group’s financial expenses for Q1 2019 were RMB 1.308 billion, an increase of RMB 0.825 billion or 171.12% year-on-year, primarily due to increased borrowing costs[21] - The group’s management expenses for Q1 2019 were RMB 2.126 billion, an increase of RMB 1.094 billion year-on-year, attributed to changes in the scope of consolidation[20] Future Outlook - The company has not disclosed specific future outlooks or guidance in this report[5] - The report indicates that the first quarter results are unaudited[5]