OPPLE(SH:603515)2019-04-22 16:00Financial Performance - Operating revenue increased by 12.17% to CNY 1,663,224,498.23 year-on-year[10] - Net profit attributable to shareholders increased by 22.76% to CNY 86,134,196.47 compared to the same period last year[10] - Basic earnings per share increased by 22.22% to CNY 0.11 per share[10] - Total operating revenue for Q1 2019 was CNY 1,663,224,498.23, an increase of 12.16% compared to CNY 1,482,757,714.83 in Q1 2018[45] - Net profit for Q1 2019 reached CNY 86,032,140.43, representing a 22.66% increase from CNY 70,145,552.79 in Q1 2018[45] - Total profit for Q1 2019 was CNY 133,818,056.57, up from CNY 29,349,430.09 in Q1 2018, reflecting a growth of 355.5%[52] - The company reported a comprehensive income total of CNY 89,304,951.95 for Q1 2019, compared to CNY 70,880,089.85 in Q1 2018, an increase of 25.93%[47] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 37.50% to CNY -298,269,240.04 year-on-year[10] - Cash and cash equivalents decreased by 41.20% to CNY 290,557,797.90 compared to the end of the previous year[15] - Cash flow from operating activities showed a net outflow of CNY 298,269,240.04, compared to a net outflow of CNY 216,917,466.30 in Q1 2018[56] - Cash inflow from investment activities totaled CNY 8,121,689,472.78, an increase from CNY 7,222,958,578.43 in Q1 2018[57] - The company’s cash and cash equivalents at the end of Q1 2019 were CNY 289,757,797.90, compared to CNY 204,921,533.60 at the end of Q1 2018[57] - Operating cash flow for Q1 2019 was negative at -233,078,122.50 RMB, compared to a positive 137,207,302.50 RMB in Q1 2018, indicating a significant decline in cash generation from operations[61] - Cash and cash equivalents at the end of Q1 2019 stood at 138,386,265.01 RMB, a decrease from 367,919,611.70 RMB at the beginning of the quarter, indicating liquidity challenges[62] Assets and Liabilities - Total assets decreased by 6.62% to CNY 6,848,327,477.30 compared to the end of the previous year[10] - The company’s total liabilities decreased by 38.94% to approximately ¥836.64 million, mainly due to increased payments for material procurement[19] - The company's total liabilities decreased from approximately ¥2.99 billion to ¥2.37 billion, a reduction of about 20.7%[33] - The total equity attributable to shareholders increased from ¥4.34 billion to ¥4.48 billion, an increase of approximately 3.2%[33] - The company reported a total asset value of 7,333,445,311.85 RMB as of Q1 2019, a slight decrease from 7,373,183,096.23 RMB at the end of 2018[68] - Total liabilities amounted to approximately CNY 2,995.69 million, with total equity reaching CNY 4,337.76 million[69] Investments and Expenses - Research and development expenses increased by 54.48% to approximately ¥65.77 million, attributed to higher investment in mold development[21] - The company reported a 46.21% increase in tax and additional fees, amounting to approximately ¥10.20 million, primarily due to increased value-added tax payable[21] - The company’s investment income rose by 59.10% to approximately ¥33.10 million, driven by increased returns from foreign exchange swap business[21] - The company’s financial expenses decreased by 33.95% to approximately ¥11.81 million, mainly due to reduced foreign exchange gains[21] - Research and development expenses for Q1 2019 were CNY 65,766,239.36, compared to CNY 42,573,561.58 in Q1 2018, marking a significant increase of 54.49%[45] Shareholder Information - The total number of shareholders reached 11,623 at the end of the reporting period[12] - The largest shareholder, Zhongshan Op Lighting Investment Co., Ltd., holds 46.05% of the shares[12] Government Support - The company received government subsidies amounting to CNY 26,571,751.63 during the reporting period[12]