HTGF(SH:600864)2019-04-24 16:00Financial Performance - Net profit attributable to shareholders surged by 1,453.46% to CNY 467.90 million from CNY 30.12 million year-on-year[11] - Operating revenue rose by 6.74% to CNY 877.04 million compared to CNY 821.63 million in the same period last year[11] - Basic earnings per share reached CNY 0.222, up 1,485.71% from CNY 0.014 in the previous year[11] - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching CNY 461.26 million, up 1,533.00% year-on-year[11] - Net profit for Q1 2019 reached CNY 469,864,962.94, significantly higher than CNY 31,461,941.79 in Q1 2018, indicating a substantial increase[50] - The total comprehensive income for Q1 2019 was CNY 400,931,804.61, compared to a loss of CNY 135,813,196.06 in Q1 2018[54] Cash Flow - Net cash flow from operating activities increased significantly by 766.98% to CNY 2.84 billion from CNY 328.06 million year-on-year[11] - Cash flow from operating activities for Q1 2019 was CNY 2,844,233,587.87, a substantial increase from CNY 328,062,144.96 in Q1 2018[55] - The net cash flow from investing activities was negative at -¥34,135,514.13, reflecting increased cash payments for fixed and intangible assets[27] - The company reported a net cash outflow from investing activities of CNY -34,135,514.13 in Q1 2019, compared to CNY -32,982,265.83 in Q1 2018[55] Assets and Liabilities - Total assets increased by 9.51% to CNY 42.61 billion compared to the end of the previous year[11] - The company's total equity attributable to shareholders rose to CNY 13.43 billion, compared to CNY 12.58 billion at the end of 2018, marking an increase of around 6.8%[41] - Total current liabilities increased to CNY 19.11 billion from CNY 16.63 billion, reflecting a rise of approximately 14.9%[41] - The company's total liabilities reached CNY 29.03 billion, up from CNY 26.18 billion, indicating an increase of approximately 10.9%[41] - The total amount of payable bonds increased by 4,661,613,205.49 RMB, a rise of 114.36%, due to the reclassification of subordinated debt[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 60,089[13] - The top ten shareholders held a combined 68.77% of the shares, with the largest shareholder owning 37.79%[13] Financial Standards and Adjustments - The company adopted new financial instrument standards effective January 1, 2019, impacting the classification of financial assets[77] - The adjustment for the new standards resulted in a reclassification of available-for-sale financial assets to financial assets measured at fair value[77] - The company reported a deferred tax liability adjustment of 437,500 related to the new standards[73] Income and Expenses - Total operating costs decreased slightly to ¥1,058,191,595.94, down 2.15% from ¥1,081,407,870.35[24] - The company reported a significant increase in management expenses to ¥400,978,004.12, up 76.20% from ¥227,569,446.54, mainly due to performance-based compensation[24] - Interest expenses decreased by 25.82% to ¥192,850,749.01 from ¥259,981,103.28, attributed to reduced scale of certain financial instruments[24] - Investment income slightly decreased to ¥169,423,566.69, down 0.55% from ¥170,366,894.52[24] Current and Non-Current Assets - The company's cash and cash equivalents reached CNY 6.68 billion, up from CNY 4.74 billion at the end of 2018, indicating a growth of about 41.0%[37] - The company's receivables, including notes and accounts, increased to CNY 559.38 million from CNY 331.99 million, showing a growth of approximately 68.3%[37] - The company's total non-current assets decreased to CNY 6.81 billion from CNY 11.52 billion, a decline of approximately 40.5%[39]