YTO(SH:600233)2019-04-24 16:00Financial Performance - Operating revenue for the period was CNY 644,445.35 million, representing a year-on-year increase of 20.65%[5] - Net profit attributable to shareholders was CNY 36,501.76 million, an increase of 15.66% compared to the same period last year[5] - Basic earnings per share increased by 15.85% to CNY 0.1294 per share[5] - Total operating revenue for Q1 2019 reached RMB 6,444,453,525.70, a 20.7% increase from RMB 5,341,395,475.06 in Q1 2018[20] - Net profit for Q1 2019 was RMB 365,719,065.32, up 14.3% from RMB 320,012,695.74 in Q1 2018[21] - Operating profit for Q1 2019 was RMB 471,498,481.50, compared to RMB 408,801,899.17 in Q1 2018, reflecting a growth of 15.3%[20] - Total profit for Q1 2019 was RMB 478,410,012.98, compared to RMB 431,070,117.22 in Q1 2018, marking an increase of 11%[20] Cash Flow - Net cash flow from operating activities was CNY 22,960.50 million, a significant improvement of 158.51% compared to the previous year[5] - Cash inflow from operating activities was 7,294,132,367.23 CNY, an increase of 16.93% from 6,240,314,336.73 CNY in Q1 2018[24] - Net cash flow from operating activities was 229,604,971.36 CNY, a significant improvement from -392,407,359.75 CNY in Q1 2018[24] - Cash outflow for investment activities totaled 2,843,262,758.34 CNY, compared to 1,440,960,532.56 CNY in the previous year[25] - Net cash flow from investment activities was -594,655,454.21 CNY, worsening from -477,410,766.15 CNY in Q1 2018[25] - Cash inflow from financing activities was 103,332,357.27 CNY, down from 116,540,721.66 CNY in the same quarter of 2018[25] - Net cash flow from financing activities was -114,590,063.37 CNY, an improvement from -245,877,790.92 CNY in Q1 2018[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,971,539.61 million, a decrease of 1.27% compared to the end of the previous year[5] - The total current assets amounted to 8,148.92 million RMB, down from 8,804.11 million RMB in the previous period[14] - The company’s cash and cash equivalents decreased from 4,061.44 million RMB to 3,592.66 million RMB, a decline of 11.53%[14] - Total liabilities decreased to ¥7,554,814,523.05 from ¥8,174,615,445.96 year-over-year[16] - Total current assets amounted to RMB 5,617,368,405.62, with cash and cash equivalents at RMB 247,342,349.95[33] - Total liabilities reached RMB 3,058,940,116.62, with current liabilities at RMB 76,521,578.31[34] Shareholder Information - The total number of shareholders at the end of the reporting period was 47,439[8] - The largest shareholder, Shanghai YTO Dragon Investment Development (Group) Co., Ltd., held 51.05% of the shares[8] - Shareholders' equity increased to ¥12,160,581,563.50 from ¥11,793,919,535.98 year-over-year[16] - Shareholders' equity totaled approximately CNY 11.79 billion, with retained earnings of CNY 4.41 billion[30] Research and Development - Research and development expenses rose to 1,513.64 million RMB, a significant increase of 104.33% compared to the previous year's 740.76 million RMB[13] - Research and development expenses increased to RMB 15,136,409.37 in Q1 2019, up from RMB 7,407,646.51 in Q1 2018, indicating a 103.4% rise[20] Financial Instruments and Standards - The company implemented new financial instrument standards effective January 1, 2019, impacting the classification of financial assets[31] - The adjustment of "financial assets measured at fair value with changes recognized in profit or loss" to "trading financial assets" was made under the new standards[31] - The company’s financial statements reflect compliance with new accounting standards without retrospective adjustments[36] Other Comprehensive Income - Other comprehensive income showed a decline of 60.17%, from -614.59 million RMB to -984.38 million RMB, primarily due to exchange rate fluctuations[12] - Other comprehensive income after tax for Q1 2019 was RMB -9,871,457.71, an improvement from RMB -45,744,547.32 in Q1 2018[21] - The company recognized other comprehensive income, contributing to overall equity growth[35]