Cynda(SH:603086)2019-04-19 16:00Financial Performance - Net profit attributable to shareholders increased by 40.72% to CNY 40,607,458.92 year-on-year[7] - Operating revenue rose by 15.57% to CNY 360,550,102.72 compared to the same period last year[7] - Basic earnings per share increased by 38.46% to CNY 0.36 per share[7] - The net profit after deducting non-recurring gains and losses increased by 42.05% to CNY 39,600,082.99 year-on-year[7] - Operating profit for Q1 2019 reached CNY 51,197,080.32, up from CNY 38,155,021.35 in the same period last year, reflecting a growth of 34.8%[23] - Net profit for Q1 2019 was CNY 40,607,458.92, representing a 40.8% increase from CNY 28,857,593.86 in Q1 2018[24] - The company reported a gross profit margin of approximately 14% for Q1 2019, compared to 12% in Q1 2018, reflecting improved operational efficiency[23] Assets and Liabilities - Total assets increased by 1.96% to CNY 1,763,787,738.45 compared to the end of the previous year[7] - Total liabilities decreased to ¥363,450,340.82 from ¥372,670,593.76, indicating a reduction in the company's debt levels[17] - Shareholders' equity increased to ¥1,400,337,397.63 from ¥1,357,256,285.96, reflecting retained earnings and overall financial health[17] - Total assets as of March 31, 2019, amounted to CNY 1,373,560,978.32, compared to CNY 1,305,208,092.76 at the end of 2018, indicating a growth of 5.2%[20] - Total liabilities increased to CNY 157,822,504.10 in Q1 2019 from CNY 135,383,010.61 in Q4 2018, marking a rise of 16.6%[21] Cash Flow - Net cash flow from operating activities decreased by 414.31% to -CNY 86,970,031.53 compared to the same period last year[7] - Cash inflow from operating activities totaled ¥360,421,773.70, compared to ¥254,539,442.72 in Q1 2018, marking a 41.5% increase[30] - Cash outflow from operating activities was ¥447,391,805.23, up from ¥271,449,476.72 in Q1 2018[31] - The net cash flow from operating activities turned negative at CNY -102,204,126.83, compared to a positive CNY 19,353,621.53 in the same period last year[33] - The total cash outflow for operating activities was CNY 310,446,029.40, compared to CNY 183,899,428.83 in Q1 2018, indicating increased operational expenses[33] Shareholder Information - The total number of shareholders at the end of the reporting period was 7,369[10] - The top shareholder, Wang Xianquan, holds 33.52% of the shares[11] Investments and Subsidies - The company received government subsidies amounting to CNY 196,170.01 during the reporting period[7] - Cash inflow from investment activities significantly increased to CNY 253,212,205.10, up from CNY 56,365,029.82 in Q1 2018[34] - The company received CNY 252,300,000.00 from investment recoveries, a significant increase from CNY 55,630,000.00 in the previous year[33] Current Assets and Expenses - Cash and cash equivalents decreased by 55.75% to ¥135,386,658.58 from ¥305,925,589.77, primarily due to increased procurement and new project investments[13] - Accounts receivable increased by 21.02% to ¥398,869,932.61 from ¥329,596,562.58, mainly due to an increase in overseas sales on credit[13] - Research and development expenses decreased by 35.53% to ¥13,751,397.53 from ¥21,328,352.52, primarily due to reduced expenditures on R&D projects[13]