ISS(SH:600756)2019-04-26 16:00Financial Performance - Operating revenue increased by 19.45% to CNY 247,398,955.16 year-on-year[7] - Net profit attributable to shareholders decreased by 89.35% to CNY 1,942,310.42 compared to the same period last year[7] - Cash flow from operating activities showed a significant decline, with a loss of CNY 219,349,235.95, worsening by 149.34% year-on-year[7] - Basic and diluted earnings per share both dropped by 83.33% to CNY 0.01[7] - Total operating revenue for Q1 2019 was CNY 247,398,955.16, an increase of 19.5% compared to CNY 207,113,682.67 in Q1 2018[24] - Net profit for Q1 2019 was CNY 3,290,281.65, a decrease of 84.6% from CNY 20,013,246.27 in Q1 2018[25] - The total comprehensive income for Q1 2019 was CNY 3,290,281.65, down from CNY 20,013,246.27 in Q1 2018[25] - Basic earnings per share for Q1 2019 were CNY 0.01, compared to CNY 0.06 in Q1 2018[25] - The company reported a decrease in investment income to CNY 26,472,115.74 in Q1 2019 from CNY 43,772,902.33 in Q1 2018[24] Assets and Liabilities - Total assets decreased by 3.55% to CNY 3,038,616,967.28 compared to the end of the previous year[7] - Total current assets amounted to ¥1,718,285,158.91, a decrease from ¥1,841,851,451.31 as of December 31, 2018, representing a decline of approximately 6.7%[16] - Total liabilities decreased to ¥597,478,655.45 from ¥712,457,901.75, a reduction of approximately 16.1%[18] - The total equity attributable to shareholders increased slightly to ¥2,440,646,850.57 from ¥2,437,362,614.16, showing a marginal growth of about 0.1%[18] - Non-current assets totaled ¥1,320,331,808.37, up from ¥1,308,466,278.34, reflecting an increase of approximately 0.6%[17] - The company's total assets decreased to ¥3,038,616,967.28 from ¥3,150,317,729.65, a decline of about 3.5%[18] - The current liabilities totaled ¥566,067,628.88, down from ¥679,214,886.85, indicating a decrease of approximately 16.6%[18] - The total liabilities as of Q1 2019 were CNY 994,648,084.64, down from CNY 1,116,410,737.21 in the previous year[24] Research and Development - R&D expenses increased by 47.07% year-on-year, attributed to increased investment in fundraising projects and higher asset depreciation[13] - Research and development expenses for Q1 2019 amounted to CNY 75,384,469.82, which is a significant increase of 47.0% compared to CNY 51,257,189.90 in Q1 2018[24] - Research and development expenses increased to ¥72,424,103.78 in Q1 2019, up from ¥49,321,346.97 in Q1 2018, indicating a 46.9% increase[27] Cash Flow - The net cash flow from operating activities for Q1 2019 was a negative ¥219,349,235.95, compared to a negative ¥87,973,690.40 in Q1 2018[30] - The total cash and cash equivalents at the end of Q1 2019 reached CNY 343,894,923.63, an increase of CNY 31,121,143.07 from the beginning of the period[33] - The company's cash flow from financing activities in Q1 2019 resulted in a net outflow of ¥2,472,000.00, compared to a net outflow of ¥60,416.67 in Q1 2018[31] Shareholder Information - The number of shareholders reached 77,667, with the largest shareholder holding 19.09% of the shares[12] Financial Adjustments - The company made adjustments to its financial statements in accordance with new financial instrument standards effective from January 1, 2019[38] - The company reclassified certain financial assets based on their business model, impacting the classification of CNY 369,519,883.27 previously recorded at fair value[38] - The company did not apply retrospective adjustments to the previous year's comparative reports under the new financial instrument standards[44]