SCIE(600546)2019-04-14 16:00Financial Performance - Net profit attributable to shareholders increased by 167.74% to CNY 220.54 million compared to the same period last year[4] - Operating income decreased by 20.43% to CNY 8.21 billion compared to the same period last year[4] - Basic earnings per share increased by 175.00% to CNY 0.11 compared to the same period last year[4] - The company reported a total profit of approximately $656.82 million for Q1 2019, compared to $501.10 million in Q1 2018, marking a 31% increase[18] - Net profit for Q1 2019 reached approximately $447 million, an increase of 35.5% compared to $330 million in Q1 2018[18] - Operating profit for Q1 2019 was approximately $663 million, up 24.7% from $532 million in Q1 2018[17] Cash Flow - Net cash flow from operating activities increased by 36.36% to CNY 624.73 million compared to the same period last year[4] - Cash inflow from operating activities was CNY 9.60 billion, down from CNY 11.49 billion in the first quarter of 2018, representing a decrease of approximately 16.4%[21] - Cash outflow for purchasing goods and services was CNY 4.22 billion, compared to CNY 4.58 billion in the same period last year, indicating a decrease of about 7.9%[22] - Cash inflow from financing activities totaled CNY 4.38 billion, compared to CNY 3.45 billion in the same period last year, representing an increase of about 27%[22] - Cash flow from financing activities showed a net outflow of CNY 2.60 billion, compared to a net outflow of CNY 1.60 billion in the previous year, indicating a worsening of approximately 62.5%[23] Assets and Liabilities - Total assets decreased by 3.72% to CNY 46.54 billion compared to the end of the previous year[4] - Total liabilities decreased from CNY 38.37 billion to CNY 36.11 billion, a reduction of approximately 5.9%[15] - Current assets decreased from CNY 30.96 billion to CNY 27.58 billion, a decline of about 11.5%[14] - Total current liabilities decreased from CNY 30,160,824,867.50 to CNY 27,944,489,336.00, indicating a reduction in short-term financial obligations[12] - Short-term borrowings decreased by 22.05% to CNY 8,684,016,020.44 from CNY 11,134,932,681.07, suggesting improved debt management[12] Investments and Expenditures - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets surged by 164.72% to CNY 244,585,216.21, reflecting increased investment in infrastructure mining projects[9] - The company reported a significant increase of 328.54% in cash paid for other investment activities, amounting to CNY 13,696,974.16, reflecting higher expenditures on infrastructure projects[9] - Research and development expenses rose by 66.98% to CNY 10,512,972.39, primarily due to increased spending on coal mine R&D[9] - Sales expenses increased by 66.50% to CNY 140,514,089.62, mainly due to higher railway and port fees associated with direct sales of self-produced coal[9] Shareholder Information - The number of shareholders at the end of the reporting period was 57,758[6] - Total equity increased from CNY 7.77 billion to CNY 7.93 billion, an increase of approximately 2.1%[15] Other Financial Metrics - The weighted average return on equity increased by 2.33 percentage points to 3.93% compared to the same period last year[4] - Financial expenses for Q1 2019 were approximately $240.62 million, a decrease of 16.5% from $288.29 million in Q1 2018[17] - The total comprehensive income for the first quarter of 2019 was approximately CNY 152.98 million, a decrease of CNY 2.06 million compared to the previous year[20]