SWEC(SH:600641)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders was ¥208,554,611.83, down 63.57% year-on-year[12]. - Operating revenue for the period was ¥466,569,728.91, representing a decline of 66.31% compared to the same period last year[12]. - Basic earnings per share were ¥0.2638, down 62.85% from ¥0.7101 in the same period last year[12]. - The weighted average return on equity decreased by 5.97 percentage points to 3.32%[12]. - Net profit for Q1 2019 was ¥208,665,852.34, down from ¥572,422,072.72 in Q1 2018, representing a decline of approximately 63.5%[47]. - Operating profit for the quarter was ¥238,207,913.17, significantly lower than ¥764,085,489.74 in the same quarter last year[47]. - Total revenue for Q1 2019 was ¥466,569,728.91, a decrease from ¥1,384,716,938.29 in Q1 2018, indicating a decline of about 66.4%[47]. - The company reported operating costs of ¥259,400,452.33, down from ¥632,219,472.36 year-over-year[47]. - The company reported a significant increase in other income, which rose by 2619.71% to 43,598,194.92 CNY due to government subsidies received[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,862,914,664.64, a decrease of 1.85% compared to the end of the previous year[12]. - The company's total liabilities as of March 31, 2019, were ¥1,708,451,515.21, down from ¥1,830,570,934.84 at the end of 2018, indicating a reduction of about 6.67%[36]. - The total equity attributable to shareholders was ¥6,152,387,870.37 as of March 31, 2019, compared to ¥6,178,740,715.19 at the end of 2018, reflecting a decrease of approximately 0.43%[36]. - Cash and cash equivalents decreased to ¥2,548,971,862.63 from ¥4,225,165,899.45, a decline of about 39.7%[32]. - The company's accounts payable decreased by 52.36% to 133,341,780.45 CNY due to payments made for project costs[22]. - Current liabilities totaled ¥4,870,260,009.50, compared to ¥4,723,092,873.38 in the previous period[43]. - The total liabilities reached ¥1,830,570,934.84, with non-current liabilities accounting for ¥107,229,628.83[70]. - The total equity of the company stands at approximately 3.02 billion, with paid-in capital reported at 806.16 million[76]. Cash Flow - The net cash flow from operating activities was ¥152,080,104.81, a decrease of 9.50% year-on-year[12]. - The net cash flow from operating activities for Q1 2019 was 4,477,665.91 RMB, compared to a negative cash flow of -39,042,848.15 RMB in Q1 2018[60]. - The cash inflow from operating activities in Q1 2019 was CNY 609,662,006.24, compared to CNY 563,446,157.76 in Q1 2018, marking an increase of approximately 8%[56]. - The company repurchased shares, leading to a net cash flow from financing activities of -233,832,251.41 CNY[25]. - Total cash inflow from investment activities was 106,983,725.89 RMB, while cash outflow was 1,710,169,967.84 RMB, resulting in a net cash flow of -1,603,186,241.95 RMB[60]. Shareholder Information - The total number of shareholders is 38,588, with the top ten shareholders holding a combined 61.69% of shares[19]. - Shanghai Pudong Technology Investment Co., Ltd. holds 227,000,000 shares, accounting for 28.16% of total shares[19]. - The total number of shareholders at the end of the reporting period was not disclosed in the provided content[18]. Other Information - Non-recurring gains and losses included government subsidies of ¥44,076,003.16 related to special support[15]. - The company has not disclosed any new product developments or market expansion strategies in the provided content[12]. - The company anticipates significant changes in net profit compared to the previous year, but no specific guidance was provided[27]. - The company terminated the issuance of shares for asset acquisition, as approved in the board meeting on December 24, 2018[26]. - The company recorded a public value change gain of ¥28,558,889.48, compared to a loss of ¥1,342.81 in the previous year[47].