SCSF(SH:600779)2019-04-26 16:00Financial Performance - Net profit attributable to shareholders increased by 41.16% to CNY 218,559,000.20 year-on-year[5] - Operating revenue rose by 24.25% to CNY 929,785,693.07 compared to the same period last year[5] - Basic earnings per share improved to CNY 0.4474, up from CNY 0.3169 in the previous year[5] - The company reported a total comprehensive income of CNY 218,559,000.20 for Q1 2019, compared to CNY 154,830,640.26 in Q1 2018[22] - Net profit for Q1 2019 reached CNY 218,559,000.20, representing a 41.2% increase from CNY 154,830,640.26 in Q1 2018[22] - Operating profit for Q1 2019 was CNY 293,857,832.26, an increase of 39.7% from CNY 210,230,635.44 in Q1 2018[21] Cash Flow - Net cash flow from operating activities reached CNY 246,356,487.38, a significant recovery from a negative cash flow of CNY -93,137,890.98 in the previous year[5] - The cash inflow from operating activities for Q1 2019 was CNY 1,014,227,805.96, an increase of 30% compared to CNY 779,873,390.06 in Q1 2018[25] - The net cash flow from operating activities for Q1 2019 was CNY 246,356,487.38, a significant recovery from a negative cash flow of CNY -93,137,890.98 in Q1 2018[26] - The total cash inflow from operating activities in Q1 2019 was primarily driven by sales revenue, which amounted to CNY 1,009,166,626.66, compared to CNY 767,385,716.92 in Q1 2018[25] - The cash outflow for purchasing goods and services in Q1 2019 was CNY 176,840,926.76, a decrease from CNY 345,352,368.14 in Q1 2018, reflecting a reduction in operational expenses[25] Assets and Liabilities - Total assets increased by 7.46% to CNY 3,436,506,910.15 compared to the end of the previous year[5] - The total liabilities increased to ¥2,655,760,785.98 from ¥2,619,985,671.81, reflecting changes in the company's financial obligations[16] - Total equity attributable to shareholders rose to ¥2,075,391,693.22, up from ¥1,856,832,693.02, marking an increase of about 11.8%[17] - Current assets totaled ¥1,720,318,659.01, compared to ¥1,687,136,593.63, indicating a growth of approximately 2.0%[19] - Inventory increased to ¥1,329,946,846.44 from ¥1,315,956,040.43, showing a rise of about 1.1%[19] Shareholder Information - The total number of shareholders reached 38,553 at the end of the reporting period[8] - The largest shareholder, Sichuan Chengdu Shuijingfang Group, holds 39.71% of the shares[10] - The second-largest shareholder, Grand Metropolitan International Holdings Limited, owns 20.29% of the shares[10] Expenses and Income - Financial expenses increased by 30.54% to -¥4,955,871.42 from -¥3,796,308.52 due to higher interest rates on large time deposits[11] - Taxes and surcharges increased by 36.15% to ¥147,054,107.89 from ¥108,005,841.12 due to sales growth and adjustments in tax base assessments[11] - Other income decreased by 94.87% to ¥409,060.29 from ¥7,976,738.93, reflecting a reduction in government subsidies received compared to the same period last year[11] Development and Investments - Development expenses increased by 65.84% to ¥9,196,625.33 from ¥5,545,514.19 due to increased investment in digital projects[11] - The company is focusing on improving cash flow management and reducing operational costs to enhance financial stability moving forward[29]