AVIC I.F(SH:600705)2019-04-29 16:00Financial Performance - Operating revenue rose by 41.70% to CNY 2.08 billion from CNY 1.47 billion year-on-year[6] - Net profit attributable to shareholders increased by 5.00% to CNY 759.05 million compared to CNY 722.91 million in the same period last year[6] - The company reported a basic earnings per share of CNY 0.09, unchanged from the previous year[8] - The total comprehensive income for the first quarter of 2019 was CNY 2,735,683,170.12, compared to CNY 1,092,024,061.11 in the same period of 2018, representing an increase of approximately 150.1%[28] - The net profit for the first quarter of 2019 was CNY -203,802,606.25, a decline from CNY -87,864,652.92 in the first quarter of 2018, indicating a worsening performance[30] - The operating revenue for the first quarter of 2019 was CNY 11,577,550,745.32, significantly up from CNY 5,888,720,282.38 in the first quarter of 2018, marking an increase of approximately 96.3%[32] - The net cash flow from operating activities for the first quarter of 2019 was CNY -11,147,987,602.51, an improvement from CNY -22,678,526,718.78 in the same period of 2018[32] - The total operating expenses for the first quarter of 2019 were CNY 22,082,384,774.57, compared to CNY 18,987,156,449.98 in the first quarter of 2018, indicating an increase of approximately 10.9%[32] Assets and Liabilities - Total assets increased by 5.07% to CNY 315.54 billion compared to the end of the previous year[6] - The total assets as of March 31, 2019, were ¥315,536,972,334.34, compared to ¥300,302,931,118.35 at the end of the previous year[19] - The total liabilities increased to ¥272,167,438,325.32 from ¥258,827,901,369.08 year-on-year[20] - The total equity attributable to shareholders was ¥28,901,950,313.73, up from ¥27,709,476,758.94 year-on-year[20] - The company’s total equity decreased to ¥18,111,425,766.47 in Q1 2019 from ¥18,630,390,814.87 in Q1 2018, a decline of 2.8%[24] - Total liabilities increased to ¥24,009,667,691.38 in Q1 2019, compared to ¥19,431,087,488.11 in Q1 2018, marking a rise of 23.5%[24] Cash Flow - Cash flow from operating activities improved significantly, with a reduction in losses from CNY -22.68 billion to CNY -11.15 billion year-on-year[6] - The net cash flow from operating activities was -¥11,147,987,602.51, a 50.84% increase year-on-year, mainly due to a smaller decrease in net customer deposits and interbank placements[15] - The cash received from operating activities in the first quarter of 2019 totaled CNY 10,934,397,172.06, compared to a cash outflow of CNY -3,691,370,268.80 in the same period of 2018[32] - The total cash inflow from investment activities was 30,114,553,373.94 RMB, while cash outflow was 37,243,520,325.74 RMB, resulting in a net cash flow of -7,128,966,951.80 RMB[33] - The cash inflow from financing activities amounted to 33,740,745,730.67 RMB, with a net cash flow of 13,487,810,630.94 RMB after outflows[33] Shareholder Information - The number of shareholders reached 183,361, with the largest shareholder holding 39.32% of the shares[12] - The company reported a significant increase in commission and fee expenses, which reached ¥38,607,887.42, up 37.22% year-on-year, due to improved market conditions[15] Future Plans - The company plans to continue expanding its market presence and developing new products and technologies[14]