AGNM(SH:603429)2019-04-24 16:00Financial Performance - Operating revenue rose by 59.06% to CNY 153,395,918.95 year-on-year[6] - Net profit attributable to shareholders increased by 37.61% to CNY 41,990,722.78 compared to the same period last year[6] - Basic earnings per share increased by 37.55% to CNY 0.2205[6] - The weighted average return on equity improved by 0.93 percentage points to 6.51%[6] - Total operating revenue for Q1 2019 reached ¥83,654,894.19, a significant increase from ¥7,481,563.71 in Q1 2018, marking a growth of approximately 1,020.5%[32] - Operating profit for Q1 2019 was ¥22,898,387.37, compared to ¥1,688,589.55 in Q1 2018, indicating an increase of approximately 1,257.5%[32] - The net profit for Q1 2019 was ¥19,940,497.20, up from ¥1,258,500.53 in Q1 2018, reflecting a growth of approximately 1,487.5%[32] - The total comprehensive income for Q1 2019 was ¥42,836,106.75, compared to ¥31,314,497.96 in Q1 2018, an increase of approximately 36.7%[30] Cash Flow - Net cash flow from operating activities surged by 361.10% to CNY 88,116,870.54 year-on-year[6] - Cash inflow from operating activities in Q1 2019 was ¥195,718,005.25, compared to ¥82,524,745.64 in Q1 2018, representing an increase of approximately 137.5%[33] - The net cash flow from operating activities for Q1 2019 was ¥88,116,870.54, a significant increase from ¥19,110,014.19 in Q1 2018, representing a growth of approximately 360%[34] - Total cash inflow from operating activities reached ¥159,007,117.45, compared to ¥84,835,878.92 in the previous year, indicating a year-over-year increase of about 87.5%[36] - The company incurred cash outflows of ¥48,438,032.26 from operating activities, significantly higher than ¥13,686,535.57 in Q1 2018, reflecting increased operational costs[36] Assets and Liabilities - Total assets increased by 5.34% to CNY 1,085,051,587.35 compared to the end of the previous year[6] - The company’s total liabilities increased to ¥380,496,810.48 from ¥372,215,008.30, reflecting ongoing financial commitments[19] - Total assets as of March 31, 2019, amounted to CNY 980,746,573.13, compared to CNY 865,971,270.45 at the end of 2018, indicating a growth of 13%[24] - Total liabilities as of March 31, 2019, were CNY 531,724,633.22, an increase from CNY 436,889,827.74 at the end of 2018, marking a rise of 22%[24] - Shareholders' equity totaled CNY 449,021,939.91 as of March 31, 2019, compared to CNY 429,081,442.71 at the end of 2018, reflecting a growth of 5%[24] Shareholder Information - The total number of shareholders reached 3,245 at the end of the reporting period[10] - The largest shareholder, Xu Shanshui, holds 48.75% of the shares, with 92,820,000 shares pledged[10] Research and Development - R&D expenses increased by 89.25% to ¥9,927,425.89 from ¥5,245,761.23, indicating a significant investment in product development[12] - Research and development expenses for Q1 2019 were CNY 9,927,425.89, up from CNY 5,245,761.23 in Q1 2018, indicating an increase of 89%[29] - Research and development expenses for Q1 2019 totaled ¥5,134,180.19, compared to ¥676,062.91 in Q1 2018, indicating an increase of approximately 659.5%[32] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 3,489,951.87 during the reporting period[8] - Other income increased significantly by 302.43% to ¥3,489,951.87 from ¥867,229.09, primarily due to increased government subsidies received[12] - The company reported other income of ¥2,697,650.00 in Q1 2019, up from ¥423,830.00 in Q1 2018, reflecting an increase of approximately 536.5%[32] Investment Activities - The net cash flow from investment activities was -¥63,682,030.04, a decline from -¥3,315,858.04 in Q1 2018, reflecting a worsening investment cash flow situation[34] - The cash inflow from investment activities was ¥21,909,489.05, a decrease from ¥380,303,681.35 in the previous year, showing a decline in investment returns[34] - The total cash outflow from investing activities was ¥85,591,519.09, compared to ¥383,619,539.39 in the previous year, indicating a reduction in investment spending[34]