ACEG(SH:600502)2019-04-26 16:00Financial Performance - Operating revenue for the first quarter was ¥7.18 billion, a decrease of 2.74% year-on-year[17]. - Net profit attributable to shareholders was ¥110.20 million, reflecting a slight increase of 0.51% compared to the same period last year[17]. - Basic earnings per share decreased by 12.50% to ¥0.07 from ¥0.08 in the same quarter last year[17]. - Total operating revenue for Q1 2019 was ¥7,180,728,197.09, a decrease of 2.73% compared to ¥7,382,935,775.97 in Q1 2018[47]. - Net profit for Q1 2019 was ¥113,122,768.18, an increase of 4.52% from ¥107,883,557.87 in Q1 2018[48]. - Operating profit for Q1 2019 was ¥24 million, down 40% from ¥40 million in Q1 2018[52]. - Net profit for Q1 2019 was ¥16 million, a decline of 47.1% from ¥30 million in Q1 2018[52]. - Total comprehensive income for Q1 2019 was approximately ¥12.69 million, down from ¥24.95 million in Q1 2018[55]. Cash Flow - Net cash flow from operating activities was negative at ¥2.28 billion, compared to a negative ¥161.68 million in the previous year[17]. - Cash flow from operating activities showed a net outflow of approximately ¥2.28 billion, compared to a net outflow of ¥161 million in Q1 2018[59]. - Cash flow from investing activities resulted in a net outflow of approximately ¥27 million, an improvement from a net outflow of ¥757 million in Q1 2018[59]. - Cash flow from financing activities generated a net inflow of approximately ¥3.31 billion, significantly higher than the net inflow of ¥1.28 billion in Q1 2018[59]. - Cash inflow from financing activities in Q1 2019 was 2,138,828,148.91, compared to 2,394,703,755.04 in Q1 2018[64]. - The company reported a decrease in cash outflow for operating activities, which was 3,440,220,190.19 in Q1 2019 compared to 4,783,336,271.98 in Q1 2018[61]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥76.42 billion, an increase of 1.15% compared to the end of the previous year[17]. - The company's total assets increased to ¥58.55 billion from ¥57.95 billion, reflecting a growth of 1.04%[32]. - Total liabilities increased to ¥64.45 billion from ¥63.69 billion, reflecting a growth of about 1.19%[37]. - Non-current liabilities rose to ¥15.03 billion, compared to ¥11.75 billion, indicating an increase of about 27.5%[37]. - Current liabilities decreased to ¥49.42 billion from ¥51.94 billion, reflecting a reduction of approximately 4.85%[36]. - Long-term borrowings increased to ¥13.30 billion from ¥10.51 billion, indicating a growth of approximately 26.5%[37]. - Accounts receivable decreased to ¥7.14 billion from ¥8.18 billion, a decline of approximately 12.7%[41]. - Inventory decreased to ¥2.10 billion from ¥2.63 billion, representing a reduction of about 20.2%[41]. Shareholder Information - The total number of shareholders at the end of the reporting period was 72,868[20]. - The largest shareholder, Anhui Construction Group Holding Co., Ltd., held 32.32% of the shares[20]. - Shareholders' equity rose to ¥11.96 billion from ¥11.86 billion, showing an increase of approximately 0.84%[37]. Other Financial Metrics - The weighted average return on net assets decreased by 0.39 percentage points to 0.98%[17]. - The company reported non-recurring gains and losses totaling ¥5.36 million for the quarter[19]. - Interest income surged by 680.61%, reaching ¥172.38 million, primarily due to increased income from financial asset accounting[26]. - The total investment income decreased by 43.85% to ¥5.14 million, mainly due to reduced earnings from joint ventures and associates[26]. - The company reported a tax expense of ¥51,436,003.84 for Q1 2019, compared to ¥48,478,497.18 in Q1 2018, indicating an increase of 4.00%[48]. - Research and development expenses for Q1 2019 were ¥20,413,647.48, up from ¥16,665,265.70 in Q1 2018, reflecting a growth of 22.00%[47].