2019-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company was ¥216.55 million, representing a year-on-year growth of 21.38%[6] - Operating income for the first quarter was ¥1.71 billion, up 7.87% from ¥1.58 billion in the same period last year[6] - Basic earnings per share rose to ¥0.1755, a 21.37% increase compared to ¥0.1446 in the same period last year[5] - The company benefited from a VAT exemption policy, contributing ¥1.09 billion to revenue and ¥430 million to net profit[6] - Net profit for Q1 2019 reached CNY 221,198,998.50, compared to CNY 172,441,061.55 in Q1 2018, representing a growth of 28.2%[24] - Earnings per share for Q1 2019 was CNY 0.18, compared to CNY 0.14 in Q1 2018, an increase of 28.6%[25] Assets and Liabilities - Total assets at the end of the reporting period reached ¥14.27 billion, an increase of 7.43% compared to the end of the previous year[5] - Total assets increased to ¥14,274,798,345.24, up from ¥13,287,712,452.79, representing a growth of approximately 7.45% year-over-year[19] - Non-current assets totaled ¥6,127,489,830.86, compared to ¥5,636,729,678.50, reflecting an increase of about 8.71%[19] - Current liabilities rose to ¥4,995,879,917.02, up from ¥4,779,315,869.83, indicating an increase of approximately 4.54%[19] - Total liabilities reached ¥5,363,752,511.52, up from ¥4,881,683,091.69, representing an increase of about 9.83%[19] - Total equity rose to CNY 8,402,803,116.39 from CNY 8,047,458,199.83, indicating a growth of 4.4%[22] Cash Flow - The net cash flow from operating activities was -¥95.54 million, an improvement from -¥153.19 million in the previous year[5] - Cash received from tax refunds increased by 9,392.38% to ¥34,923,421.57, reflecting a higher amount of VAT refunds received[14] - Cash flow from operating activities showed a net outflow of ¥95.54 million, an improvement from a net outflow of ¥153.19 million in the previous year[27] - The company reported a total cash outflow from operating activities of 1,014,242,892.11 RMB, slightly down from 1,060,870,254.94 RMB in the previous year[29] Expenses - Financial expenses decreased significantly, showing a change of -75.24% to -¥1,356,596.50, attributed to the implementation of new leasing standards[12] - Research and development expenses for Q1 2019 were CNY 592,063.18, a decrease from CNY 776,200.64 in Q1 2018, down by 23.6%[24] - Sales expenses increased to ¥159.38 million from ¥132.12 million, a rise of approximately 20.6%[26] - Management expenses rose to ¥183.04 million compared to ¥153.06 million, reflecting an increase of about 19.6%[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,381[8] - The largest shareholder, Sichuan Xinhua Publishing Group Co., Ltd., held 49.11% of the shares[8] Other Financial Metrics - The weighted average return on net assets increased to 2.48%, up 0.34 percentage points from the previous year[5] - Other income surged by 655.88% to ¥33,054,581.75, mainly due to increased VAT refunds compared to the same period last year[12] - Investment income dropped by 244.74% to -¥10,539,621.21, impacted by fluctuations in the stock price of a listed company[12] - Other comprehensive income after tax for Q1 2019 was CNY 263,817,474.12, compared to CNY 470,187,069.03 in Q1 2018, a decline of 43.9%[25]