RT(SH:603036)2019-04-28 16:00Financial Performance - Operating revenue for the period reached CNY 63,214,706.06, representing a growth of 51.29% year-on-year[6] - Net profit attributable to shareholders was CNY 5,865,071.96, an increase of 260.08% compared to the same period last year[6] - Basic earnings per share were CNY 0.03, up 50.00% from CNY 0.02 in the previous year[6] - The company's gross profit margin improved due to increased sales, leading to a significant rise in operating profit by 199.29% to RMB 7,429,860.93 from RMB 2,482,455.50[12] - Net profit for Q1 2019 was RMB 6,507,940.88, reflecting a 59.11% increase from RMB 4,090,317.94 year-on-year[12] - Total operating revenue for Q1 2019 was CNY 63,214,706.06, an increase of 51.2% compared to CNY 41,782,968.54 in Q1 2018[22] - The total profit for Q1 2019 reached ¥7,507,358.93, an increase of 43.3% compared to ¥5,233,532.42 in Q1 2018[29] Cash Flow - The net cash flow from operating activities was CNY -22,659,141.90, compared to CNY -14,432,217.92 in the same period last year[6] - The cash flow from operating activities showed a negative net amount of RMB -22,659,141.90, worsening by 57.00% compared to RMB -14,432,217.92 in the previous year[12] - The cash flow from operating activities for Q1 2019 was -¥22,659,141.90, worsening from -¥14,432,217.92 in Q1 2018[33] - The cash flow from investing activities in Q1 2019 was -¥38,661,977.23, compared to -¥341,304,347.65 in Q1 2018[34] - The net cash flow from investing activities was -38,888,185.42 RMB in Q1 2019, compared to -310,259,662.97 RMB in Q1 2018, showing a significant improvement[37] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,117,051,274.01, a decrease of 1.14% compared to the end of the previous year[6] - The company's total assets decreased to RMB 1,117,051,274.01 from RMB 1,129,947,580.41 at the end of 2018, a decline of 1.12%[17] - The total liabilities decreased to RMB 87,995,710.88 from RMB 107,399,958.16, a reduction of 18.00%[16] - The company's cash and cash equivalents decreased to RMB 206,033,882.82 from RMB 269,794,700.87, a decline of 23.52%[14] - The total liabilities decreased to CNY 87,166,269.13 in Q1 2019 from CNY 105,434,325.91 in Q4 2018, a reduction of 17.3%[20] - Total current liabilities were approximately $80.59 million, with accounts payable at $50.17 million and accrued employee compensation at $8.50 million[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,540[10] - The top shareholder, Cao Caihong, held 30,069,752 shares, representing 14.79% of the total shares[10] - Shareholders' equity stood at approximately $1.00 billion, with retained earnings of $346.93 million[46] Research and Development - Research and development expenses increased by 75.80% to RMB 3,540,293.02 from RMB 2,013,870.97 in the previous year[12] - The company's R&D expenses in Q1 2019 were ¥3,540,293.02, which is a 75.6% increase from ¥2,013,870.97 in Q1 2018[28] Financial Reporting and Standards - The company reclassified financial assets according to the new financial instrument standards, moving 7,000,000.00 RMB from available-for-sale financial assets to other non-current financial assets[42] - The company did not apply retrospective adjustments for the new financial instruments and leasing standards[47] - The audit report for the current period was not applicable, indicating no significant issues were raised[47]