HTDC(SH:601188)2019-04-19 16:00Financial Performance - Net profit attributable to shareholders rose by 18.27% to CNY 98,364,924.97 year-on-year[19] - Operating revenue grew by 19.55% to CNY 168,952,874.10 compared to the same period last year[19] - Basic and diluted earnings per share increased by 19.05% to CNY 0.075[19] - Operating profit for Q1 2019 was ¥127,192,449.25, compared to ¥102,853,045.36 in Q1 2018, indicating a year-over-year increase of 23.6%[50] - Net profit for Q1 2019 after tax was ¥104,900,127.49, up from ¥86,641,015.71 in Q1 2018, representing a growth of 21.1%[50] - The net profit for the current period is approximately ¥104.9 million, compared to ¥86.6 million in the previous period, representing an increase of about 21%[52] - The net profit attributable to the parent company's shareholders is approximately ¥98.36 million, up from ¥83.17 million, reflecting a growth of around 18.2%[52] Cash Flow - Net cash flow from operating activities increased by 40.07% to CNY 93,505,041.53 year-on-year[19] - Cash received from operating activities increased by 109.57% to 46,553,645.99, driven by performance bonds from new vehicle contracts at subsidiary Longyun Modern[28] - Cash paid for operating activities increased by 102.44% to 41,059,845.96, related to performance bonds for scrapped vehicles at subsidiary Longyun Modern[28] - Cash flow from sales of goods and services in Q1 2019 reached $91,526,092.14, up from $84,172,168.82 in Q1 2018, marking an increase of about 8%[68] - Cash flow from other operating activities in Q1 2019 was $20,308,344.61, compared to $13,020,566.58 in Q1 2018, representing a growth of approximately 56%[68] - Net cash flow from operating activities for Q1 2019 was $63,427,000.59, up from $51,907,090.73 in Q1 2018, representing a growth of approximately 22%[68] Assets and Liabilities - Total assets increased by 1.82% to CNY 5,220,058,904.65 compared to the end of the previous year[19] - Total current assets reached 2,468,684,182.11, up from 2,388,574,159.16 year-over-year[31] - Total non-current assets increased to 2,751,374,722.54 from 2,737,964,402.99 year-over-year[35] - Total liabilities decreased to 808,743,886.05 from 820,066,857.81 year-over-year[36] - Total equity attributable to shareholders increased to 4,317,269,165.55 from 4,218,956,876.59 year-over-year[36] - Total assets as of March 31, 2019, amounted to ¥4,133,952,831.14, an increase from ¥4,052,767,003.57 at the end of 2018[44] - Total liabilities as of March 31, 2019, were ¥170,098,692.28, slightly down from ¥170,489,171.84 at the end of 2018[44] - Total equity increased to ¥3,963,854,138.86 as of March 31, 2019, compared to ¥3,882,277,831.73 at the end of 2018, reflecting a growth of 2.1%[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 51,078[22] - The largest shareholder, Heilongjiang Highway Group Company, holds 33.48% of the shares[22] Investment and Expenses - Financial expenses increased by 77.42% to -7,018,682.68 due to an increase in time deposits[28] - Investment income for the first quarter of 2019 is approximately ¥39.77 million, compared to ¥37.69 million in the previous period, showing an increase of about 5.5%[56] - The company’s management expenses increased to approximately ¥9.33 million from ¥5.81 million, representing an increase of about 60%[56] Inventory and Prepayments - Prepayments increased significantly by 247.24% to CNY 54,612,735.08 compared to the previous year[25] - Inventory decreased to ¥1,772,592.04 from ¥2,061,092.30, a decline of 13.9%[44] Fair Value and Other Gains - Fair value gains rose by 78.46% to 6,522,208.42, attributed to changes in the fair value of stocks held by subsidiary Shenzhen Dongda[28]