THDB(SH:600867)2020-04-23 16:00Financial Performance - Operating revenue for the first quarter was CNY 718,550,953.33, a slight increase of 0.60% year-on-year[6] - Net profit attributable to shareholders rose by 1.40% to CNY 277,469,039.47 compared to the same period last year[6] - Basic earnings per share increased by 7.69% to CNY 0.14 per share[6] - Total operating revenue for Q1 2020 was CNY 718,550,953.33, a slight increase from CNY 714,283,193.94 in Q1 2019, representing a growth of 0.38%[31] - Operating profit for Q1 2020 was CNY 332,097,782.80, compared to CNY 319,032,066.56 in Q1 2019, reflecting an increase of 4.3%[32] - Net profit for Q1 2020 reached CNY 277,081,601.81, up from CNY 273,388,540.53 in the same period last year, indicating a growth of 1.27%[32] - Total profit for Q1 2020 was CNY 325,189,481.92, slightly up from CNY 319,054,870.06 in Q1 2019, representing an increase of 1.8%[32] - Total comprehensive income for Q1 2020 was approximately CNY 278.32 million, compared to CNY 260.07 million in Q1 2019, representing an increase of about 7.5%[36] Cash Flow - The net cash flow from operating activities decreased by 8.53% to CNY 357,547,826.84 compared to the previous year[6] - Cash inflow from operating activities in Q1 2020 was CNY 674.99 million, a decrease of 3.5% from CNY 698.61 million in Q1 2019[38] - Net cash flow from operating activities for Q1 2020 was CNY 357.55 million, down from CNY 390.89 million in Q1 2019, reflecting a decline of 8.5%[38] - Cash outflow from investing activities in Q1 2020 totaled CNY 235.24 million, compared to CNY 226.47 million in Q1 2019, showing an increase of 3.3%[39] - Net cash flow from financing activities for Q1 2020 was CNY 272.43 million, an increase from CNY 242.37 million in Q1 2019, representing a growth of 12.4%[43] - Cash inflow from financing activities in Q1 2020 was CNY 275 million, down from CNY 400 million in Q1 2019, reflecting a decrease of 31.25%[39] - Cash outflow for taxes paid in Q1 2020 was CNY 66.14 million, compared to CNY 42.85 million in Q1 2019, which is an increase of 54.5%[38] Assets and Liabilities - Total assets increased by 9.10% to CNY 5,836,597,143.69 compared to the end of the previous year[6] - Current assets reached ¥2,015,654,439.78, compared to ¥1,670,322,540.72 in the previous year, reflecting a growth of approximately 20.6%[27] - Total liabilities amounted to ¥551,220,409.84, up from ¥278,536,010.56, indicating a year-over-year increase of approximately 97.7%[28] - Shareholders' equity totaled ¥5,214,762,782.54, compared to ¥5,003,484,818.13, representing an increase of about 4.2%[29] - The company’s total liabilities and shareholders' equity reached ¥5,765,983,192.38, up from ¥5,282,020,828.69, indicating overall growth[29] - Total liabilities were CNY 341,098,913.76, with current liabilities at CNY 304,847,302.44[47] Shareholder Information - The total number of shareholders at the end of the reporting period was 103,194[10] - The largest shareholder, Dongbao Industrial Group Co., Ltd., held 38.09% of the shares[10] Expenses - The company reported a significant increase in other expenses due to donations related to COVID-19[17] - Research and development expenses rose to CNY 22,336,977.46 from CNY 19,617,998.63, an increase of 8.74% year-over-year[31] - Sales expenses increased to CNY 183,298,008.65 from CNY 156,686,534.00, reflecting a rise of 16.9%[31] - Financial expenses decreased by 75.64% to ¥1,578,173.82 from ¥6,478,628.44 year-on-year[16] Other Financial Metrics - The weighted average return on equity decreased by 0.18 percentage points to 5.45%[6] - Non-recurring gains and losses included government subsidies of CNY 2,562,473.95[8] - The company completed a share buyback of 16,100,000 shares, accounting for 0.79% of total share capital, with a total payment of ¥200,457,967.43[19] - Other income surged by 1,267.76% to ¥2,402,723.95 from ¥175,668.59 year-on-year[16]