2019-04-29 16:00Financial Performance - Net profit attributable to shareholders of the listed company increased by 112.48% to ¥596.38 million from ¥280.68 million year-on-year[4]. - Net profit attributable to shareholders after deducting non-recurring gains and losses rose by 154.93% to ¥585.60 million from ¥229.71 million[4]. - Basic and diluted earnings per share were both ¥0.0511, an increase of 112.92% compared to ¥0.0240 in the previous year[4]. - The company reported a significant increase in net profit attributable to shareholders, which was CNY 596,375,913.68, up from CNY 280,678,557.31 in Q1 2018, marking a growth of 112.5%[22]. - The net profit for Q1 2019 was CNY 507,090,513.88, a significant recovery from a net loss of CNY 416,471,370.48 in Q1 2018[24]. Revenue and Costs - Operating revenue for the period was ¥3.20 billion, a decrease of 12.08% compared to ¥3.64 billion in the previous year[4]. - Total operating costs for Q1 2019 were CNY 3,657,840,151.78, a decrease of 6.2% from CNY 3,900,179,909.83 in Q1 2018[22]. - The company's operating revenue for Q1 2019 was CNY 535,704,364.70, an increase from CNY 509,294,019.30 in Q1 2018, representing a growth of approximately 5.5%[23]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥138.64 billion, an increase of 0.58% compared to the end of the previous year[4]. - Total liabilities decreased to CNY 32,503,710,809.91 in Q1 2019 from CNY 37,753,766,852.86 in Q1 2018, a reduction of 13.9%[20]. - Current liabilities decreased to ¥47.72 billion from ¥54.89 billion, a reduction of approximately 13%[15]. - Long-term borrowings rose to ¥58.47 billion, compared to ¥57.35 billion, indicating an increase of about 1.95%[15]. - Total liabilities decreased to ¥118.07 billion from ¥119.80 billion, reflecting a decline of 1.44%[16]. Cash Flow - Net cash flow from operating activities was ¥1.86 billion, a significant increase of 253.62% compared to a negative cash flow of ¥1.21 billion in the same period last year[4]. - Cash inflows from operating activities totaled CNY 4,664,607,088.80 in Q1 2019, compared to CNY 2,975,822,648.51 in Q1 2018, marking an increase of approximately 57%[26]. - The net cash flow from investment activities was ¥1,187,047,660.80 in Q1 2019, a significant recovery from a net outflow of -¥361,646,963.28 in Q1 2018[28]. Shareholder Information - The total number of shareholders at the end of the reporting period was 344,812[7]. - The largest shareholder, China Ocean Shipping Group Co., Ltd., held 37.75% of the shares, totaling 4,410,624,386 shares[7]. - The company repurchased a total of 45,699,937 A-shares, accounting for 0.391% of the total share capital, with a total payment of RMB 136,818,964.48[11]. Other Financial Metrics - The weighted average return on net assets increased by 1.51 percentage points to 3.21% from 1.70%[4]. - Other comprehensive income under the equity method increased by 357.49% year-on-year, mainly due to an increase in other comprehensive income from joint ventures[10]. - Interest income decreased by 100% year-on-year, mainly due to the exclusion of the financial company from the consolidated scope[9].