SPG(SH:600529)2019-04-22 16:00Financial Performance - Net profit attributable to shareholders increased by 33.48% to CNY 110,877,096.50 year-on-year[4] - Operating income rose by 10.37% to CNY 711,227,260.18 compared to the same period last year[4] - Cash flow from operating activities increased by 70.15% to CNY 63,037,773.00 year-on-year[4] - The company's basic earnings per share increased by 30.00% to CNY 0.26[4] - Operating income increased by 270.98% compared to the same period last year, primarily due to an increase in management assessment fees received[10] - Operating profit for Q1 2019 was ¥110.80 million, up 35.4% from ¥81.77 million in Q1 2018[30] - Net profit for Q1 2019 reached ¥110,877,096.50, a significant increase of 33.5% compared to ¥83,066,487.36 in Q1 2018[26] - Net profit for Q1 2019 was ¥91.57 million, representing a 32.5% increase compared to ¥69.16 million in Q1 2018[30] - Total comprehensive income for Q1 2019 was ¥110.88 million, compared to ¥83.07 million in Q1 2018[27] Assets and Liabilities - Total assets increased by 3.91% to CNY 4,804,510,637.71 compared to the end of the previous year[4] - Total liabilities reached CNY 1,165,973,666.87, up from CNY 1,097,999,187.14 at the end of 2018[16] - The company's total equity increased to CNY 3,638,536,970.84 as of March 31, 2019, compared to CNY 3,525,714,331.30 at the end of 2018[19] - Total current assets as of March 31, 2019, amounted to CNY 3,110,448,681.51, up from CNY 2,992,118,327.74 at the end of 2018[13] - Total assets as of Q1 2019 amounted to ¥4,613,719,079.13, compared to ¥4,448,483,040.52 in Q1 2018, reflecting a growth of 3.7%[24] - Total liabilities for Q1 2019 were ¥1,101,895,307.59, an increase from ¥1,029,966,624.31 in Q1 2018, indicating a rise of 7%[24] - The company's total equity as of Q1 2019 was ¥3,511,823,771.54, up from ¥3,418,516,416.21 in Q1 2018, showing an increase of 2.7%[24] Cash Flow - Cash flow from operating activities increased by 70.15% year-over-year, attributed to higher cash received from sales of goods and services[10] - Cash inflow from investment activities in Q1 2019 was ¥799,535,479.79, significantly higher than ¥418,298,537.84 in Q1 2018, representing an increase of approximately 91.1%[35] - Net cash flow from investing activities reached ¥231,590,678.57 in Q1 2019, significantly higher than ¥37,467,473.47 in Q1 2018, indicating a substantial increase of over 518%[35] - The net increase in cash and cash equivalents for Q1 2019 was ¥276,605,455.60, compared to ¥81,858,438.93 in Q1 2018, reflecting a growth of approximately 237%[36] - Cash flow from operating activities for Q1 2019 was ¥63.04 million, an increase from ¥37.05 million in Q1 2018[32] Expenses - Research and development expenses increased by 54.84% due to higher spending on R&D projects[9] - Operating expenses rose by 810.65% year-over-year, mainly due to increased losses from fixed asset disposals[10] - The company reported a significant increase in sales expenses, which rose to ¥51,401,639.44 in Q1 2019 from ¥38,866,313.32 in Q1 2018, an increase of 32.2%[26] - Management expenses rose to ¥38.20 million in Q1 2019, compared to ¥20.36 million in Q1 2018, marking an increase of 87.6%[28] Shareholder Information - The number of shareholders at the end of the reporting period was 10,807[7] - The weighted average return on net assets increased by 0.58 percentage points to 3.10%[4]