PCI-STCL(SH:600728)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥195,801,723.22, representing a significant increase of 571.37% year-on-year[10]. - Operating revenue for the period was ¥849,596,537.68, reflecting a growth of 26.13% compared to the same period last year[10]. - Basic earnings per share rose to ¥0.1221, an increase of 570.88% year-on-year[10]. - The net profit after deducting non-recurring gains and losses was ¥18,248,028.59, a year-on-year increase of 10.52%[10]. - Operating profit for Q1 2019 was ¥228,777,572.40, compared to ¥25,334,098.14 in Q1 2018, marking a significant increase[47]. - Net profit for Q1 2019 was ¥197,755,670.84, a substantial rise from ¥27,797,199.84 in Q1 2018[47]. - The total profit for Q1 2019 was ¥210,498,484.50, contrasting with a total loss of ¥8,897,818.47 in the same period last year[51]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,682,478,615.47, an increase of 2.25% compared to the end of the previous year[10]. - Non-current assets totaled ¥2,251,789,223.31, an increase of 57.1% from ¥1,433,601,464.21[35]. - Total liabilities amounted to ¥3,356,645,576.49, down from ¥3,866,654,234.34, indicating a decline of 13.2%[36]. - Current liabilities decreased to ¥2,453,604,596.44 from ¥3,083,152,830.01, a reduction of 20.4%[35]. - Total current assets decreased to RMB 5,430,689,392.16 from RMB 6,080,083,708.68, indicating a reduction in liquidity[31]. Cash Flow - The net cash flow from operating activities was negative at ¥559,421,605.53, compared to a negative cash flow of ¥260,879,422.06 in the same period last year[10]. - The company's cash and cash equivalents decreased by 36.96% to RMB 1,186,758,788.14 from RMB 1,882,672,278.08 due to increased payments to suppliers[21]. - The company's operating cash flow for Q1 2019 was negative at -¥559,421,605.53, worsening from -¥260,879,422.06 in Q1 2018[58]. - Cash inflow from investment activities in Q1 2019 was ¥257,632,611.84, down from ¥957,030,007.56 in Q1 2018, reflecting a decrease of approximately 73.1%[58]. - The net cash flow from investing activities was -¥336,495,370.04, compared to a positive inflow of ¥640,527,242.74 in Q1 2018[62]. Shareholder Information - The total number of shareholders at the end of the reporting period was 89,288[17]. - The largest shareholder, Guangzhou Jiadu Group Co., Ltd., held 168,046,096 shares, accounting for 10.38% of the total shares[17]. - Shareholders' equity increased to ¥4,325,833,038.98 from ¥3,647,030,938.55, representing a growth of 18.6%[36]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥17,203,400.00, which were included in the current period's profit and loss[12]. - The company reported an increase in government subsidies, with other income rising by 185.34% to RMB 17,203,400.00 from RMB 6,029,056.41[23]. - Other income for Q1 2019 was ¥17,203,400.00, significantly higher than ¥6,029,056.41 in Q1 2018[46]. Research and Development - Research and development expenses increased by 34.75% to RMB 107,124,570.68 from RMB 79,501,442.06, reflecting ongoing investment in R&D[21]. - The company reported a decrease in research and development expenses to ¥17,069,844.32 in Q1 2019 from ¥19,928,847.46 in Q1 2018[46]. - Research and development expenses for Q1 2019 were ¥6,191,313.80, down from ¥7,728,531.42 in Q1 2018, indicating a decrease of approximately 19.9%[51]. Changes in Financial Position - The deferred tax liabilities increased significantly to RMB 116,548,916.57 from RMB 579,415.23, reflecting changes in accounting policies[23]. - The company is in compliance with the new financial standards effective from January 1, 2019, without retrospective adjustments to previous financial statements[73]. - The company has implemented new financial standards since January 1, 2019, affecting the reporting of financial instruments[80].