CCEG(SH:600697)2019-04-26 16:00Financial Performance - Operating revenue for the period was CNY 4,090,874,843.32, an increase of 11.79% year-on-year [6]. - Net profit attributable to shareholders was CNY 50,321,171.90, a slight increase of 0.32% compared to the same period last year [6]. - The net profit after deducting non-recurring gains and losses was CNY 48,587,430.67, an increase of 6.85% year-on-year [6]. - Basic and diluted earnings per share remained at CNY 0.32 [6]. - Comprehensive income for Q1 2019 totaled ¥135,758,101.41, compared to ¥122,371,484.46 in Q1 2018, reflecting an increase of 10.9% [25]. - Total profit for Q1 2019 was ¥176,141,534.74, up from ¥168,294,220.61 in Q1 2018, marking a 4.9% increase [24]. - Net profit for Q1 2019 was ¥127,350,963.87, a 3.3% increase compared to ¥123,318,895.02 in Q1 2018 [24]. Cash Flow - The net cash flow from operating activities was negative CNY 252,400,622.58, a decrease of 194.65% year-on-year [6]. - The cash inflow from operating activities in Q1 2019 was CNY 5,065,913,564.90, compared to CNY 5,018,242,264.78 in Q1 2018, showing a slight increase [31]. - The net cash flow from operating activities in Q1 2019 was -CNY 252,400,622.58, a decrease from CNY 266,670,612.09 in Q1 2018 [31]. - The cash outflow for purchasing goods and services in Q1 2019 was CNY 4,184,595,557.19, an increase from CNY 3,883,799,541.16 in Q1 2018 [31]. - The company reported a net cash outflow of CNY 806,650,659.71 in Q1 2019, compared to -CNY 428,722,344.14 in Q1 2018, indicating worsening cash flow [32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 22,130,323,887.42, a decrease of 1.30% compared to the end of the previous year [6]. - Total liabilities decreased from CNY 16,876,632,191.36 to CNY 16,449,190,572.53, a reduction of approximately 2.5% [19]. - Current liabilities increased from CNY 8,856,263,414.34 to CNY 9,334,349,675.79, an increase of about 5.4% [22]. - Non-current liabilities decreased from CNY 1,462,687,000.00 to CNY 1,262,687,000.00, a decrease of approximately 13.6% [22]. - Cash and cash equivalents decreased by 47.84% to ¥832,134,289.52 due to repayment of ¥470 million in corporate bonds and increased cash payments for goods [12]. - Accounts receivable increased from CNY 393,595,980.04 to CNY 514,177,740.91, an increase of approximately 30.6% [21]. - Inventory increased from CNY 288,155,530.84 to CNY 353,820,081.15, an increase of about 22.8% [21]. Shareholder Information - The number of shareholders at the end of the reporting period was 14,474 [9]. - The top shareholder, Changchun Auto City Commercial Co., Ltd., held 39,013,891 shares, accounting for 24.52% of total shares [9]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 1,202,053.46 related to its normal business operations [8]. - Other income decreased by 82.76% to ¥1,205,053.46 due to a reduction in government subsidies received [13]. Investment and Impairment - Investment income decreased by 143.35% to -¥1,134,807.24 due to losses from an associate company [13]. - Asset impairment losses increased by 1,258.69% to ¥1,130,959.94 primarily due to increased bad debt provisions from rising receivables [13]. Changes in Financial Standards - The company implemented new financial instrument standards affecting the classification of financial assets [39]. - The company implemented new financial instrument standards starting January 1, 2019, affecting the classification and measurement of financial assets [44].