NOVEL OPTICS(SH:603297)2019-04-25 16:00Financial Performance - Net profit attributable to shareholders of the listed company was CNY 25,811,322.44, an increase of 7.39% year-on-year[12]. - Operating income for the period was CNY 117,861,502.07, representing a decrease of 7.11% compared to the same period last year[12]. - Basic earnings per share were CNY 0.31, down 18.42% from CNY 0.38 in the previous year[12]. - Total operating revenue for Q1 2019 was $117,861,502.07, a decrease of 7.99% from $126,887,493.61 in Q1 2018[43]. - Net profit for Q1 2019 reached $25,811,322.44, an increase of 7.38% compared to $24,035,684.73 in Q1 2018[46]. - Total comprehensive income for Q1 2019 was CNY 20,295,006.87, down from CNY 21,577,835.81 in Q1 2018[50]. - Operating profit for Q1 2019 was CNY 23,216,758.84, a decrease of 6.7% from CNY 24,898,365.76 in Q1 2018[48]. Cash Flow - Net cash flow from operating activities increased by 87.34% to CNY 10,738,319.47 compared to the previous year[12]. - Cash flow from operating activities generated a net amount of CNY 10,738,319.47, compared to CNY 5,731,872.40 in Q1 2018, reflecting a significant increase[51]. - Total cash inflow from operating activities was ¥95,899,312.25, compared to ¥90,103,746.04 in Q1 2018, reflecting a growth of approximately 8.1%[57]. - The net cash flow from operating activities for Q1 2019 was ¥3,595,603.51, a significant improvement compared to a net outflow of ¥1,182,301.97 in Q1 2018[57]. - The company received cash from operating activities totaling CNY 144,179,872.20, compared to CNY 134,544,102.52 in Q1 2018, showing growth[51]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,151,862,613.43, a decrease of 0.70% compared to the end of the previous year[12]. - Total current assets decreased to ¥807,609,837.46 from ¥822,328,348.71[28]. - Total liabilities decreased from ¥130,537,254.66 to ¥95,938,556.91, a reduction of about 26.4%[34]. - Non-current liabilities decreased from ¥19,880,491.22 to ¥18,616,574.94, a reduction of about 6.36%[34]. - Current liabilities decreased significantly from ¥110,656,763.44 to ¥77,321,981.97, a decrease of approximately 30.1%[32]. - The company's equity increased from ¥1,029,470,491.36 to ¥1,055,924,056.52, an increase of approximately 2.6%[34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,449[19]. - The largest shareholder, Yongxin Optoelectronics Industry Co., Ltd., held 29.50% of the shares[19]. Other Income and Expenses - The company received government subsidies amounting to CNY 799,617.61 during the reporting period[15]. - Non-operating income and expenses totaled CNY 4,120,382.27, with a significant portion attributed to non-recurring gains[15]. - Other income for Q1 2019 was $799,617.61, down from $1,563,239.24 in Q1 2018[43]. Research and Development - Research and development expenses for Q1 2019 were $7,937,082.81, an increase of 28.73% from $6,165,560.69 in Q1 2018[43]. - Research and development expenses increased to CNY 5,459,726.89, up 34.5% from CNY 4,059,102.21 in Q1 2018[48]. Investment Activities - Investment income increased by 1,033.79% to ¥5,399,939.28 due to returns from idle fundraising financial management[25]. - Cash flow from investing activities was ¥10,488,811.50, a significant change due to changes in financial management principal[25]. - The total cash inflow from investment activities reached ¥495,794,099.33, a substantial increase from ¥85,972,104.44 in the same period last year[57]. - The cash outflow from investment activities totaled ¥482,077,726.81, compared to ¥104,479,428.97 in Q1 2018[60].