NBTP(SH:600982)2019-04-29 16:00Financial Performance - Operating revenue increased by 63.13% to CNY 657,171,587.72 compared to the same period last year[6] - Net profit attributable to shareholders of the listed company was CNY 9,461,355.58, a significant recovery from a loss of CNY 10,894,755.86 in the previous year[6] - The company reported a basic earnings per share of CNY 0.0303, an increase of 16.54% from CNY 0.0260 in the previous year[6] - The company's net profit for Q1 2019 was ¥24,495,654.77, an increase of 12.8% compared to ¥21,734,041.56 in Q1 2018[31] - Total operating revenue for Q1 2019 was CNY 657,171,587.72, an increase of 63.0% compared to CNY 402,841,092.68 in Q1 2018[30] - Net profit for Q1 2019 was CNY 24,495,654.77, compared to CNY 21,734,041.56 in Q1 2018, representing an increase of 12.8%[30] Cash Flow - Cash flow from operating activities improved to CNY 1,629,936.96, compared to a negative cash flow of CNY 8,490,654.01 in the same period last year[6] - The net cash flow from operating activities improved significantly to ¥1,629,936.96 from a negative ¥8,490,654.01 in the previous year[16] - In Q1 2019, the company generated a net cash flow from operating activities of ¥520,840,412.02, compared to ¥249,897,209.48 in Q1 2018, representing a significant increase of approximately 108.4%[39] - The total cash inflow from operating activities was ¥715,512,520.32, slightly down from ¥717,498,721.85 in Q1 2018, indicating a decrease of about 0.3%[39] Assets and Liabilities - Total assets decreased by 7.17% to CNY 4,476,561,260.15 compared to the end of the previous year[6] - The total assets as of March 31, 2019, amounted to ¥4,476,561,260.15, down from ¥4,822,289,587.53 at the end of 2018[22] - The company's current liabilities decreased significantly to ¥823,715,524.14 from ¥1,523,442,961.68 year-on-year, indicating improved liquidity management[22] - Total liabilities as of March 31, 2019, were CNY 1,123,043,892.72, a decrease from CNY 1,236,936,764.50 at the end of 2018[28] - Total non-current assets amounted to CNY 1,816,683,087.06, a decrease of CNY 124,561,162.86 compared to the previous period[43] Borrowings - The company’s short-term borrowings decreased by 60.09% to CNY 461,402,923.86, reflecting repayment efforts[13] - Long-term borrowings increased by 274.01% to CNY 424,309,614.72, indicating potential expansion financing[13] - Long-term borrowings increased to CNY 270,000,000.00 from CNY 70,000,000.00, indicating a growth of 285.7%[27] Operating Costs - The operating cost increased by 71.70% to ¥602,158,119.65 from ¥350,711,178.30 year-on-year, primarily due to increased costs in commodity trading[14] - Total operating costs for Q1 2019 were CNY 641,928,219.97, up from CNY 415,070,613.45 in Q1 2018, reflecting a 54.6% increase[30] Other Income and Expenses - The company recognized non-operating income of CNY 13,159,213.42, primarily from government subsidies and investment management gains[8] - The company reported a significant reduction in financial expenses by 47.19%, down to ¥3,713,514.57 from ¥7,031,913.11, mainly due to increased interest income[14] - The company incurred a tax expense of ¥1,450,335.87 in Q1 2019, down 43.8% from ¥2,583,702.17 in Q1 2018[33] Shareholder Information - The number of shareholders reached 42,623, with the largest shareholder holding 30.67% of the shares[9] - The total equity attributable to shareholders increased to CNY 1,990,449,691.21 from CNY 1,986,413,208.30, a slight increase of 0.2%[28] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30] - The company is actively progressing with a major asset restructuring plan initiated by its major shareholder, which has received conditional approval from the regulatory authority[17]