Shenqi(SH:600613)2019-05-08 16:00Financial Performance - Operating income rose by 23.52% to CNY 426,384,693.33 year-on-year[6] - Net profit attributable to shareholders decreased by 21.34% to CNY 23,732,711.47 compared to the same period last year[6] - Basic and diluted earnings per share fell by 33.33% to CNY 0.04[6] - Operating profit for Q1 2019 was ¥27,316,626.28, down 12.5% from ¥30,978,423.43 in Q1 2018[25] - Net profit for Q1 2019 was ¥21,158,809.18, a decrease of 17.5% compared to ¥25,707,907.52 in Q1 2018[27] - The total comprehensive income for Q1 2019 was ¥33,243,253.35, compared to ¥21,544,178.53 in Q1 2018, indicating a significant increase[27] - The total comprehensive income for Q1 2019 was CNY 10,706,512.58, compared to a loss of CNY 5,976,300.64 in Q1 2018, indicating a significant recovery[32] Assets and Liabilities - Total assets increased by 5.19% to CNY 3,288,857,308.54 compared to the end of the previous year[6] - The company's current assets totaled CNY 1,864,767,436.08, up from CNY 1,738,657,888.21, indicating an increase of about 7.2% year-over-year[16] - Total liabilities increased to CNY 667,232,279.95 from CNY 527,744,643.38, reflecting a rise of approximately 26.5%[18] - The total assets as of March 31, 2019, amounted to ¥2,037,177,086.62, up from ¥2,022,836,108.85 at the end of 2018[22] - Total liabilities increased to ¥50,328,786.60 in Q1 2019 from ¥46,394,321.41 in Q4 2018[22] - The total assets as of Q1 2019 were 3,126,491,309.12 RMB, unchanged from the previous year, indicating stability in asset management[40] - The total liabilities remained constant at 527,744,643.38 RMB, reflecting no significant changes in the company's debt structure[41] Cash Flow - Cash flow from operating activities surged by 202.16% to CNY 52,642,944.73 year-on-year[6] - Cash flow from operating activities generated a net inflow of CNY 52,642,944.73 in Q1 2019, a substantial increase from CNY 17,422,033.21 in Q1 2018[33] - The company reported cash inflow from financing activities of CNY 30,000,000.00 in Q1 2019, with a net cash flow from financing activities of CNY 21,193,456.33, compared to a net outflow of CNY 7,423,715.02 in Q1 2018[34] - The company incurred management expenses of CNY 1,704,893.10 in Q1 2019, down from CNY 1,842,185.56 in Q1 2018, reflecting a cost reduction of approximately 7.5%[29] - The total cash outflow from investing activities was CNY 5,932,435.30 in Q1 2019, a decrease from CNY 40,087,222.55 in Q1 2018, indicating reduced investment expenditures[34] Shareholder Information - The number of shareholders reached 51,199 at the end of the reporting period[10] - The company's equity attributable to shareholders rose to CNY 2,565,308,461.80, compared to CNY 2,539,856,196.66, showing a growth of about 1.0%[18] - Shareholders' equity totaled ¥1,986,848,300.02, an increase from ¥1,976,441,787.44 in the previous quarter[23] - The total equity attributable to shareholders was 2,539,856,196.66 RMB, remaining stable compared to the previous year, suggesting consistent shareholder value[41] Other Financial Metrics - The weighted average return on equity decreased by 0.29 percentage points to 0.93%[6] - Research and development expenses for Q1 2019 were ¥1,355,690.42, compared to ¥1,202,714.59 in Q1 2018, reflecting a growth of 12.7%[25] - The company reported other comprehensive income of CNY 12,084,444.17 in Q1 2019, a significant recovery from a loss of CNY 4,163,728.99 in Q1 2018[32] - The company experienced a foreign exchange loss of -54.16 RMB in Q1 2019, which is an improvement from -102.71 RMB in Q1 2018, reflecting better currency management[37]