HACL(SH:600598)2020-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 38.94% to CNY 377,085,580.45 year-on-year[8] - Operating income rose by 8.15% to CNY 618,576,709.71 compared to the same period last year[8] - Basic earnings per share increased by 38.56% to CNY 0.212[8] - The company reported a net profit of CNY 268,417,332.49 for Q1 2020, with basic and diluted earnings per share both at CNY 0.153[46] - The total profit for Q1 2020 was CNY 375,690,684.44, compared to CNY 268,417,668.85 in Q1 2019, reflecting a growth of 40%[29] - The company achieved a total comprehensive income of CNY 374,575,374.55 in Q1 2020, compared to CNY 268,417,332.49 in Q1 2019, representing a growth of 39.5%[29] - Net profit attributable to shareholders increased to CNY 1,185,646,719.58, up from CNY 805,265,860.71, marking a growth of 47%[25] Asset Growth - Total assets increased by 40.07% to CNY 10,988,838,760.56 compared to the end of the previous year[8] - Total assets reached CNY 10,958,430,525.78, compared to CNY 7,806,535,736.38 at the end of 2019, reflecting a growth of 40.5%[25] - Total assets amounted to RMB 7,845,324,492.20, with non-current assets at RMB 4,905,809,320.66[37] - Total current assets are RMB 3,647,596,268.88, with cash and cash equivalents at RMB 952,775,011.41[41] Cash Flow - Net cash flow from operating activities increased by 7.84% to CNY 2,829,324,702.00[8] - Cash inflow from operating activities amounted to CNY 3,383,849,419.40, up from CNY 3,049,945,049.55 in the previous year, representing a growth of about 10.9%[34] - Cash inflow from operating activities in Q1 2020 was CNY 3,389,732,117.04, compared to CNY 3,053,699,911.09 in Q1 2019, showing an increase of 11%[32] - The net cash flow from operating activities for Q1 2020 was CNY 2,826,584,361.77, an increase from CNY 2,624,529,575.28 in Q1 2019, representing a growth of approximately 7.7%[34] Liabilities - Total liabilities amounted to CNY 3,935,195,726.53, significantly higher than CNY 1,163,681,796.00 from the previous year[25] - Total liabilities reached RMB 1,415,510,657.15, with current liabilities at RMB 1,296,890,722.17[38] - Total liabilities amounted to CNY 1,163,681,796.00, with current liabilities at CNY 1,048,097,177.72[42] Inventory and Assets Management - Inventory increased by 125.49% to CNY 49,103,720.00 compared to the previous year[13] - Inventory surged to CNY 320,049,083.17, up from CNY 44,545,856.31, indicating a growth of 618.5%[23] - Other current assets rose by 125.87% compared to the end of the previous year, mainly due to prepaid social insurance fees by the agricultural subsidiary[14] - The company reported a significant reduction in management expenses by CNY 201,587,591.70, indicating improved cost control[47] Investment and Financial Assets - Trading financial assets increased by 159.11% to CNY 363,729,630.00 driven by increased investments in government bonds and structured deposits[13] - The company reported a significant increase in financial assets, with trading financial assets rising to CNY 3,637,296,289.04 from CNY 1,403,767,138.47, an increase of 159.8%[23] - Investment income grew by 35.47% year-on-year, mainly due to a decrease in investment losses from joint ventures[15] - The company reported an investment income of CNY 13,304,250.72 in Q1 2020, compared to CNY 9,821,130.38 in Q1 2019, marking a 35.1% increase[28] Shareholder Information - The total number of shareholders reached 113,676, with the largest shareholder holding 64.14% of the shares[11] - The total equity attributable to shareholders reached CNY 7,023,234,799.25, compared to CNY 6,642,853,940.38, an increase of 5.7%[25] - The company’s total equity includes undistributed profits of RMB 812,309,782.43[38]