JHEC(SH:600273)2019-04-18 16:00Financial Performance - Net profit attributable to shareholders rose by 15.48% to CNY 339,852,501.04 year-on-year[12] - Operating revenue grew by 3.71% to CNY 1,421,296,140.78 compared to the same period last year[12] - Basic earnings per share increased by 20.00% to CNY 0.24[12] - The company reported a net cash flow from operating activities of ¥425,834,798.58 for Q1 2019, a significant increase of 1,196.48% compared to ¥32,845,350.34 in Q1 2018[20] - Net profit for Q1 2019 reached CNY 340,465,663.24, up from CNY 294,631,905.53 in Q1 2018, indicating a growth of approximately 15.5%[47] - Total comprehensive income for the quarter was ¥306,763,491.39, slightly down from ¥310,716,677.65 year-over-year[52] Assets and Liabilities - Total assets increased by 4.57% to CNY 8,521,940,568.66 compared to the end of the previous year[12] - The total assets as of March 31, 2019, amounted to ¥8,521,940,568.66, up from ¥8,149,505,964.22 as of December 31, 2018[25] - Total liabilities increased to ¥1,902,499,174.80, up from ¥1,591,025,805.46, representing a growth of approximately 19.5%[32] - Current liabilities totaled ¥1,466,354,603.23, compared to ¥1,154,188,022.07, indicating an increase of about 27%[32] - Total liabilities amounted to approximately ¥1,591,025,805.46, with current liabilities at ¥1,154,188,022.07 and non-current liabilities at ¥436,837,783.39[66] Shareholder Information - The total number of shareholders reached 33,382 by the end of the reporting period[16] - Zhejiang Jiahua Group Co., Ltd. holds 42.04% of the shares, with 602,389,604 shares pledged[16] Cash Flow - Cash flow from operating activities increased significantly to ¥425,834,798.58 from ¥32,845,350.34, indicating strong cash generation capabilities[52] - Total cash inflow from operating activities reached RMB 1,104,307,235.57, up from RMB 972,673,280.63 in the previous year[60] - The company reported a net decrease in cash and cash equivalents of RMB 61,982,964.34 for Q1 2019, compared to a decrease of RMB 476,424,063.87 in Q1 2018[62] Expenses and Income - Government subsidies recognized during the period amounted to CNY 29,218,489.56[15] - Non-operating income and expenses totaled CNY 26,270,707.81 after tax adjustments[15] - The company reported a decrease in investment income by 39.41%, down to ¥2,080,019.46 from ¥3,433,036.14 year-over-year[20] - Research and development expenses for Q1 2019 were CNY 48,054,736.14, down from CNY 54,683,149.76 in Q1 2018, a decrease of about 12.1%[44] Equity and Retained Earnings - The company's retained earnings rose to ¥2,584,599,356.42 from ¥2,244,746,855.38, an increase of about 15.1%[34] - The total equity attributable to shareholders increased to ¥6,603,528,656.85 from ¥6,540,732,474.65, reflecting a growth of approximately 1%[34] - Total equity reached ¥6,558,480,158.76, with paid-in capital of ¥1,432,730,543.00 and retained earnings of ¥2,244,746,855.38[66] Investment Activities - The company’s cash flow from investing activities showed an improvement, with a net outflow of ¥327,734,817.61, a 40.83% reduction compared to ¥553,848,665.03 in the previous year[20] - The company’s investment activities included cash outflows of RMB 468,558,217.94, which were significantly lower than RMB 811,198,461.05 in Q1 2018[60]