Bohai Ferry (SH:603167)2019-04-25 16:00Financial Performance - Net profit attributable to shareholders was ¥182,467,842.05, representing a year-on-year increase of 17.45%[6]. - Operating revenue for the period was ¥374,023,084.37, up 3.49% from the same period last year[6]. - Basic earnings per share rose to ¥0.38, an increase of 18.75% year-on-year[6]. - The weighted average return on equity improved to 5.22%, up 0.54 percentage points from the previous year[6]. - Total revenue for Q1 2019 was CNY 374,023,084.37, an increase of 3.5% compared to CNY 361,399,999.36 in Q1 2018[23]. - Net profit for Q1 2019 reached CNY 189,940,794.67, representing a growth of 13.5% from CNY 167,289,289.80 in Q1 2018[24]. - Earnings per share (EPS) for Q1 2019 was CNY 0.38, up from CNY 0.32 in Q1 2018, indicating an 18.8% increase[25]. - Operating profit for Q1 2019 was CNY 249,208,937.20, compared to CNY 215,617,034.98 in Q1 2018, marking a 15.6% increase[24]. - Total operating costs for Q1 2019 were CNY 270,859,241.61, up from CNY 248,895,692.53 in Q1 2018, reflecting an increase of 8.8%[23]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,022,976,677.27, an increase of 0.87% compared to the end of the previous year[6]. - Total assets increased to ¥5,022,976,677.27 as of March 31, 2019, compared to ¥4,979,688,647.29 at the end of 2018, reflecting a growth of approximately 0.87%[18]. - Current liabilities totaled ¥837,456,054.40, up from ¥577,183,574.67, indicating an increase of approximately 45.1%[18]. - Non-current liabilities decreased to ¥509,026,551.28 from ¥808,483,545.10, representing a reduction of about 37.0%[19]. - The total liabilities decreased from ¥1,385,667,119.77 to ¥1,346,482,605.68, indicating a decline of about 2.8%[19]. - The company's total equity increased to ¥3,676,494,071.59 from ¥3,594,021,527.52, reflecting a growth of about 2.3%[19]. Cash Flow - Net cash flow from operating activities increased by 62.58% to ¥174,339,831.29 compared to the previous year[6]. - Operating cash flow for Q1 2019 was CNY 174,339,831.29, up 62.5% from CNY 107,232,613.33 in Q1 2018[30]. - Total cash inflow from operating activities reached CNY 526,984,936.04, a 18.8% increase from CNY 443,583,967.85 in the same period last year[30]. - Cash flow from financing activities resulted in a net outflow of ¥163.20 million in Q1 2019, compared to a net outflow of ¥22.07 million in Q1 2018, reflecting increased financial obligations[33]. - The net cash flow from financing activities was negative at CNY -136,101,538.90, compared to CNY -12,896,254.77 in Q1 2018[31]. Shareholder Information - The total number of shareholders at the end of the reporting period was 30,290[10]. - The largest shareholder, Liaoyu Group Co., Ltd., held 37.13% of the shares[10]. - The company plans to issue convertible bonds to raise up to ¥1,190 million, subject to shareholder approval[14]. Government Subsidies and Other Income - Government subsidies recognized in the current period amounted to ¥145,810,949.80, closely related to the company's normal business operations[8]. - Non-recurring gains and losses totaled ¥111,472,746.03 for the period[8]. - Other income for Q1 2019 amounted to CNY 145,807,949.80, compared to CNY 100,899,066.63 in Q1 2018, a significant increase of 44.5%[23]. Expenses - Management expenses increased by 61.35% to ¥17,354,671.31, mainly due to the accrual of stock-based compensation and management salaries[12]. - Sales expenses rose by 32.07% to ¥7,090,047.93, primarily due to increased salaries for sales personnel[12].