联美控股(600167) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was CNY 779,905,420.99, an increase of 25.28% year-on-year[10]. - Operating revenue for the period was CNY 1,407,286,926.27, reflecting a growth of 9.58% compared to the same period last year[10]. - The company reported a net profit excluding non-recurring gains and losses of CNY 770,096,497.76, an increase of 33.50% year-on-year[10]. - Basic earnings per share were CNY 0.4431, up 25.28% from CNY 0.3537 in the same period last year[10]. - The diluted earnings per share were also CNY 0.4431, consistent with the basic earnings per share[10]. - Net profit for Q1 2019 reached CNY 795,548,984.39, up 25.3% compared to CNY 634,829,814.42 in Q1 2018[49]. - Operating profit for Q1 2019 was CNY 1,031,493,740.87, an increase of 27.5% from CNY 809,038,658.89 in Q1 2018[49]. - Basic earnings per share for Q1 2019 was CNY 0.4431, compared to CNY 0.3537 in Q1 2018, reflecting a growth of 25.4%[51]. Cash Flow - The net cash flow from operating activities was CNY -84,846,867.98, showing an improvement of 76.85% compared to the previous year[10]. - The net cash flow from operating activities was negative at CNY -84,846,867.98, an improvement compared to CNY -366,580,129.39 in the previous period[27]. - Cash inflow from operating activities totaled 432,201,857.79, compared to 309,815,533.96 in the previous year, representing an increase of approximately 39.5%[56]. - Cash outflow from operating activities was 517,048,725.77, down from 676,395,663.35 in the previous year, showing a decrease of about 23.5%[56]. - The net cash flow from investment activities is -383,667,859.49, worsening from -304,467,585.86 in the previous year[59]. - The net cash flow from financing activities is 85,198,589.08, a significant recovery from -45,635,131.12 in the previous year[59]. - Cash inflow from other operating activities was $54,924,664.43, compared to $39,492,945.45, marking a 39.2% increase[62]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,567,639,305.45, a decrease of 3.95% compared to the end of the previous year[10]. - Total liabilities increased, impacting the overall financial position, with a notable rise in tax payable by 78.18% to CNY 298,830,342.93[25]. - Total liabilities decreased to ¥3,607,468,683.76 from ¥4,809,772,479.64, a reduction of approximately 25.00%[38]. - Total assets decreased to CNY 6,927,459,516.10 from CNY 7,460,777,947.97, a decline of 7.1%[46]. - Total liabilities decreased to CNY 2,922,838,989.41 from CNY 3,468,025,063.12, a decline of 15.7%[46]. - The total equity attributable to shareholders increased to ¥6,860,328,096.78 from ¥6,106,557,497.34, reflecting a growth of about 12.34%[38]. - The total equity of the company was approximately ¥3.99 billion, showing a decrease of about ¥19.84 million from the previous period[76]. Shareholder Information - The total number of shareholders at the end of the reporting period was 8,373[17]. - The largest shareholder, Lianzhong New Energy Co., Ltd., held 54.17% of the shares, amounting to 953,461,156 shares[17]. Research and Development - Research and development expenses rose by 87.64% to CNY 5,771,949.36, reflecting the company's continued investment in R&D efforts[25]. - Research and development expenses increased to CNY 5,771,949.36, up 87.8% from CNY 3,076,032.57 in Q1 2018[49]. Other Financial Metrics - Other income surged by 228.50% to CNY 170,557,017.59, mainly driven by an increase in subsidy payments during the period[25]. - The company reported a 33.02% increase in accounts payable, reaching CNY 643,322,497.30, due to early procurement for the next heating season[25]. - The company’s other non-current financial assets increased to CNY 90,629,000, attributed to the new accounting standards[25]. - The company’s prepayments decreased significantly by 88.54% to CNY 120,332,694.70, as last year's heating fee prepayments were recognized as revenue[25].