CIG(SH:603083)2019-04-22 16:00Financial Performance - Operating revenue for the period was CNY 690,296,706.41, representing a year-on-year increase of 1.07%[12] - Net profit attributable to shareholders was CNY -4,224,057.44, showing an improvement from CNY -41,124,262.88 in the same period last year[12] - Basic and diluted earnings per share improved to CNY -0.03 from CNY -0.42 in the same period last year[12] - The company reported a significant increase in other income by 271.50% to RMB 2,293,288.43, primarily from government subsidies[24] - The company reported a total comprehensive loss of -¥5,332,164.21 for Q1 2019, compared to -¥42,995,313.19 in Q1 2018[48] Cash Flow - Net cash flow from operating activities increased to CNY 91,938,396.50, compared to a negative cash flow of CNY -104,259,609.30 in the previous year[12] - The increase in net cash flow from operating activities was primarily due to higher sales collections and increased export tax rebates[12] - Operating cash inflow for Q1 2019 was CNY 965,288,897.97, up from CNY 723,223,830.75 in Q1 2018, representing a growth of approximately 33.5%[54] - Cash inflow from financing activities for Q1 2019 was CNY 159,000,312.64, significantly higher than CNY 54,000,000.00 in Q1 2018, reflecting increased borrowing[58] - Net cash flow from financing activities for Q1 2019 was CNY 65,959,446.38, compared to a net outflow of CNY 22,105,067.30 in Q1 2018, showing improved financing conditions[59] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,714,289,882.49, a decrease of 1.09% compared to the end of the previous year[12] - Non-current assets totaled ¥964,883,103.95, a slight decrease of 0.3% from ¥967,896,332.40[33] - Total liabilities amounted to ¥1,588,117,250.61, a decrease of 1.8% from ¥1,616,624,487.64[36] - Current liabilities decreased to ¥1,535,565,483.78, a reduction of 2.3% compared to ¥1,571,923,560.38[33] - Long-term liabilities increased to ¥52,551,766.83, up 17.5% from ¥44,700,927.26[36] Expenses - Research and development expenses rose by 34.01% to RMB 44,674,592.80, reflecting increased investment in R&D activities[24] - Management expenses increased by 61.59% to RMB 36,875,204.66 due to higher overseas investments[24] - Financial expenses increased by 65.55% to RMB 14,890,757.43, driven by higher interest expenses from increased bank borrowings[24] - Total operating costs decreased to ¥697,398,008.62, down 3.8% from ¥724,842,689.76 in the same period last year[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,024[18] - The company's equity attributable to shareholders was CNY 1,127,489,896.09 as of January 1, 2019[68] - Shareholders' equity totals $1,120,108,887.37, with retained earnings of $377,541,191.01 and capital reserves of $587,285,595.81[76] Government Support - The company received government subsidies amounting to CNY 2,293,288.43 during the reporting period[15] - Deferred income rose by 32.15% to RMB 30,629,886.03, reflecting an increase in government subsidies received[21]