SMC(SH:600823)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders rose by 5.25% to CNY 262.11 million year-on-year[5] - Operating revenue grew by 19.25% to CNY 3.19 billion compared to the same period last year[5] - Basic earnings per share increased by 5.27% to CNY 0.0699[5] - The company reported a net profit excluding non-recurring gains and losses of CNY 260.82 million, up 4.85% year-on-year[5] - The company's operating profit for Q1 2019 was approximately ¥484.57 million, a decrease of 17.2% compared to ¥585.30 million in Q1 2018[23] - Net profit for Q1 2019 was approximately ¥354.82 million, down 18.6% from ¥435.69 million in the same period last year[23] - The total comprehensive income for Q1 2019 was approximately ¥432.60 million, slightly up from ¥423.91 million in Q1 2018[24] - The company's revenue for Q1 2019 was approximately ¥5.67 billion, an increase of 5.8% from ¥5.36 billion in Q1 2018[25] - The company reported a decrease in other receivables to ¥2,922,343,241.46 from ¥3,950,555,302.11, a decline of 26.0%[20] Assets and Liabilities - Total assets increased by 2.82% to CNY 111.38 billion compared to the end of the previous year[5] - Total assets as of March 31, 2019, amounted to CNY 111,380,229,320.60, up from CNY 108,320,247,287.93 at the end of 2018[16] - The company’s long-term borrowings rose to CNY 7,574,510,000.00, a 12.41% increase from CNY 6,738,010,000.00[15] - The total liabilities increased, with accounts payable and notes payable reaching CNY 12,528,360,909.91, a 15.23% increase from CNY 10,872,677,427.57[16] - Total liabilities increased to ¥66,153,271,750.65 in Q1 2019 from ¥63,525,886,156.35 in Q1 2018, indicating a rise of 4.1%[22] - Current liabilities totaled ¥15,869,901,310.74, down 9.3% from ¥17,499,217,456.13 in Q1 2018[21] - Total current assets amounted to CNY 71,773,307,734.93 as of the end of Q1 2019[36] - Total liabilities were reported at CNY 63,525,886,156.35, with current liabilities comprising CNY 44,533,630,782.24[38] Cash Flow - Net cash flow from operating activities decreased significantly by 642.08% to -CNY 2.60 billion[5] - Net cash flow from operating activities decreased significantly to -CNY 2,595,541,338.10, a decline of 642.08% compared to -CNY 349,765,731.31 in the previous year, mainly due to increased prepayments for land and related expenses[13] - The net cash flow from financing activities was CNY 2,395,465,412.49, showing a slight decrease of 5.22% compared to CNY 2,527,507,882.44 in the previous period[13] - The company reported a net cash decrease of CNY 648,691,692.66 in Q1 2019, contrasting with an increase of CNY 1,956,682,140.91 in Q1 2018[30] - Cash inflow from financing activities totaled CNY 5,003,500,000.00, slightly down from CNY 5,186,000,000.00 in Q1 2018[30] - The cash outflow for operating activities was CNY 6,398,240,662.74, slightly higher than CNY 6,128,281,377.48 in the previous year[29] Shareholder Information - The total number of shareholders reached 49,938 at the end of the reporting period[10] - The largest shareholder, Peak Win International Limited, holds 1,640,520,000 shares, accounting for 43.73% of total shares[11] Investment and Development - The company has not disclosed any significant new product developments or market expansion strategies in this report[12] - The company has not provided specific guidance on future performance or market expansion strategies in the available data[45] - There are no details on new product developments or technological advancements in the provided financial reports[45]