Youngor(SH:600177)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥753.87 million, up 48.02% year-on-year[4]. - Operating income for the reporting period was ¥2.58 billion, representing a growth of 53.31% compared to the same period last year[4]. - The real estate segment achieved operating income of ¥932.18 million, a year-on-year increase of 192.05%[9]. - The fashion apparel segment generated operating income of ¥1.65 billion, growing 20.80% year-on-year[9]. - Net profit from the investment segment was ¥262.97 million, reflecting a growth of 41.77% year-on-year[9]. - Basic earnings per share rose to ¥0.21, an increase of 48.02% compared to the previous year[4]. - The total comprehensive income for Q1 2019 was CNY 771,655,292.62, up from CNY 447,011,480.02 in Q1 2018, indicating a growth of about 72.5%[31]. - The company reported a net loss from asset disposal of CNY -331.23 in Q1 2019[32]. - The total profit for Q1 2019 was CNY 412,311,732.61, down from CNY 544,160,973.21 in Q1 2018, indicating a decline of about 24.2%[32]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥76.31 billion, an increase of 0.92% compared to the end of the previous year[4]. - The company's total assets reached 76,305,721,477.33 yuan, up from 75,612,003,575.99 yuan at the end of 2018[23]. - The total liabilities were reported at 46,948,613,872.79 yuan, slightly down from 47,230,709,879.36 yuan at the end of 2018[24]. - The equity attributable to shareholders of the parent company increased to 29,116,450,024.63 yuan from 28,181,670,497.56 yuan at the end of 2018[24]. - Total liabilities as of March 31, 2019, were ¥21,454,314,894.55, up from ¥20,278,929,679.06 at the end of 2018, reflecting an increase of approximately 5.8%[27]. - The company's total equity as of March 31, 2019, was ¥24,891,026,788.53, compared to ¥23,962,324,284.14 at the end of 2018, indicating a growth of about 3.9%[28]. Cash Flow - Cash flow from operating activities was ¥526.86 million, a significant improvement from a negative cash flow of ¥408.16 million in the same period last year[4]. - The net cash flow from operating activities increased to 93,502.2 million yuan, primarily due to cash received from the sale of goods in the apparel segment amounting to 174,666.05 million yuan, an increase of 10,925.93 million yuan compared to the same period last year[20]. - The net cash flow from investing activities grew by 275.41% to 289,891.22 million yuan, mainly due to cash inflows from the recovery of financial products and structured deposits totaling 208,717.45 million yuan[20]. - The net cash flow from financing activities increased by 27,155.35 million yuan, with net borrowings of 17,955.97 million yuan, an increase of 37,338.10 million yuan compared to the same period last year[20]. - Cash inflow from operating activities for Q1 2019 was approximately ¥3.24 billion, a decrease of 45.5% compared to ¥5.94 billion in Q1 2018[35]. - Cash inflow from investment activities totaled ¥4.23 billion, down 52.7% from ¥8.94 billion in Q1 2018[36]. - The ending cash and cash equivalents balance for Q1 2019 was ¥7.25 billion, up from ¥3.35 billion in Q1 2018, reflecting a strong liquidity position[36]. Market and Growth - The number of YOUNGOR's marketing outlets increased to 2,295, with a total area of 421,183 square meters, reflecting a growth of 0.95 thousand square meters since the beginning of the year[11][14]. - The total number of YOUNGOR's brand members rose to 5.757 million, an increase of 120,000 from the beginning of the year[11]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]. - The company plans to expand its land reserves by acquiring new construction land use rights for 38,810 million and 45,360 million in two separate projects[16]. Financial Standards and Adjustments - The company executed new financial instrument standards, which positively impacted the recognition of profits and losses[5]. - The company adopted new accounting standards for financial instruments, impacting the reporting of available-for-sale financial assets[45]. - The company adjusted its financial statements to reflect an increase in other equity investments by ¥3,756,069,028.60[45].