ECC(SH:600850)2019-04-23 16:00Financial Performance - Operating revenue for the period was CNY 1,641,831,109.34, representing a growth of 14.20% year-on-year[11] - Net profit attributable to shareholders of the listed company was CNY 78,955,229.65, an increase of 8.66% compared to the same period last year[11] - Basic earnings per share rose by 8.13% to CNY 0.1861[11] - Total operating revenue for Q1 2019 was $1,641,831,109.34, an increase from $1,437,628,264.61 in Q1 2018, representing a growth of approximately 14.2%[46] - Net profit for the first quarter of 2019 was CNY 76,621,472.87, up 13.4% from CNY 67,355,313.42 in the previous year[47] - The total comprehensive income for the first quarter of 2019 was CNY 74,797,405.17, compared to CNY 64,784,383.53 in the same period of 2018[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,940,130,347.57, a decrease of 5.11% compared to the end of the previous year[11] - Current liabilities amounted to ¥3,333,323,140.57, down 11.2% from ¥3,753,148,574.88 in the previous year[35] - Total liabilities decreased to ¥3,334,975,411.94 from ¥3,753,803,779.28, indicating a decline of approximately 11.1%[37] - The company's total equity increased to ¥2,605,154,935.63 from ¥2,505,968,261.92, representing a growth of about 4%[37] Cash Flow - Net cash flow from operating activities improved by 30.75%, amounting to CNY -407,448,486.74[11] - Cash inflow from operating activities was CNY 1,938,647,763.96, an increase from CNY 1,696,980,067.25 in the first quarter of 2018[53] - The company reported a cash outflow for employee payments of ¥247,146,607.87, up from ¥203,878,473.11, indicating increased labor costs[57] - Cash flow from operating activities showed a net outflow of ¥407,448,486.74, an improvement from the previous year's outflow of ¥588,347,721.02, indicating a reduction in cash burn[57] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,603[15] - The top ten shareholders held a significant portion of shares, with the largest being Huadong Computer Technology Research Institute, holding 42.26%[17] Expenses and Costs - Total operating costs for Q1 2019 were $1,551,236,588.53, up from $1,350,769,728.88 in Q1 2018, indicating an increase of about 14.8%[46] - Research and development expenses for Q1 2019 were $56,547,257.40, down from $65,222,762.50 in Q1 2018, a decrease of approximately 13.0%[46] - The company reported a decrease in operating costs to CNY 240,374,921.83 from CNY 234,514,032.02 year-over-year, indicating a cost management improvement[51] Other Financial Metrics - The weighted average return on net assets decreased by 0.10 percentage points to 3.30%[11] - The balance of taxes payable increased by 54.54% to ¥125,493,038.98, primarily due to an increase in turnover tax and corporate income tax[20] - The balance of employee compensation payable decreased by 77.12% to ¥28,913,376.82, mainly due to the payment of last year's year-end bonuses[20] - The other comprehensive income decreased by 41.34% to ¥2,587,905.85, mainly due to exchange rate fluctuations[20]