SANAN(SH:600703)2019-04-25 16:00Financial Performance - Net profit attributable to shareholders was CNY 621.15 million, a decrease of 35.85% year-on-year[6]. - Operating revenue for the period was CNY 1.73 billion, down 11.10% compared to the same period last year[6]. - The weighted average return on equity decreased by 1.90 percentage points to 2.88%[6]. - Basic earnings per share were CNY 0.15, down 37.50% from CNY 0.24 in the previous year[6]. - The company reported a significant increase in other receivables, which rose to CNY 2,514,168,302.12 from CNY 2,341,660,463.26, an increase of approximately 7.4%[28]. - The company reported a net loss of ¥30,466,694.70 for Q1 2019, compared to a net loss of ¥1,596,527.70 in Q1 2018, indicating a significant decline in profitability[33]. - Total profit for Q1 2019 was CNY 693,861,385.79, a decrease of 37.5% from CNY 1,112,048,705.26 in Q1 2018[31]. Cash Flow - The net cash flow from operating activities was CNY 805.26 million, a decline of 47.24% year-on-year[6]. - Cash flow from operating activities generated a net amount of ¥805,259,558.00 in Q1 2019, down from ¥1,526,312,898.45 in Q1 2018, reflecting a decrease of approximately 47%[34]. - Cash received from other operating activities decreased by 64.21% compared to the same period last year, primarily due to a reduction in government subsidies received[18]. - Cash paid for purchasing goods and services increased by 39.64% compared to the same period last year, amounting to CNY 730,482,050.01[18]. - Cash received from investment activities increased by ¥617,877,685.10, attributed to adjustments in product categories and a decision to postpone external procurement[19]. - The company experienced a net cash outflow of ¥490,271,119.06 in Q1 2019, contrasting with a net increase of ¥472,502,901.88 in Q1 2018[35]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 31.41 billion, an increase of 2.03% compared to the end of the previous year[6]. - Total current assets rose to CNY 4,626,891,148.71, compared to CNY 4,261,684,929.68, indicating an increase of approximately 8.6%[28]. - Total liabilities amounted to CNY 9,550,467,442.48, slightly up from CNY 9,540,448,944.40 in the previous period[25]. - The total equity attributable to shareholders reached CNY 21,863,734,867.32, an increase from CNY 21,248,879,747.35[25]. - Total current liabilities increased to ¥5,530,060,782.33 from ¥5,420,367,813.14 year-on-year[24]. - The total non-current assets were valued at 17,653,868,048.57 RMB, contributing to a total asset value of 30,789,328,691.75 RMB[39]. Expenses - Research and development expenses increased by 37.54% compared to the same period last year, primarily due to increased employee compensation and material consumption costs[17]. - Total operating costs increased to CNY 1,386,400,844.48, up 18.4% from CNY 1,170,396,519.79 in the same period last year[31]. - The company reported an increase in financial expenses to CNY 41,954,135.73, up from CNY 32,987,440.54 in the same quarter last year[31]. - The company reported a cash and cash equivalents increase of 222,442,872.53 RMB compared to the previous period[37]. Shareholder Information - The total number of shareholders at the end of the reporting period was 149,168[8]. - The company’s retained earnings increased to CNY 10,389,176,602.59 from CNY 9,768,031,093.73, a growth of approximately 6.3%[25]. - The capital reserve was reported at CNY 7,258,711,872.05, indicating strong retained earnings[46].