SGP(SH:603586)2019-04-24 16:00Financial Performance - Operating revenue for the year-to-date was CNY 391,025,836.07, an increase of 21.36% year-on-year [5]. - Net profit attributable to shareholders was CNY 40,058,521.56, representing a year-on-year increase of 1,242.54% [5]. - Basic earnings per share were CNY 0.19, up 1,800% from CNY 0.01 in the previous year [5]. - Operating profit increased by 1,512.69% to ¥45,083,669.00 from ¥2,795,549.85, driven by revenue growth and increased investment income [12]. - Net profit increased by 1,249.16% to ¥40,057,739.87 from ¥2,969,083.52, attributed to revenue growth and increased investment income [12]. - Total revenue for Q1 2019 was CNY 391,025,836.07, an increase of 21.4% compared to CNY 322,210,000.91 in Q1 2018 [28]. - Net profit for Q1 2019 reached CNY 40,057,739.87, significantly higher than CNY 2,969,083.52 in Q1 2018, marking an increase of 1248.5% [29]. - Basic and diluted earnings per share for Q1 2019 were both CNY 0.19, compared to CNY 0.01 in Q1 2018 [30]. Cash Flow - The net cash flow from operating activities was CNY 94,183,230.13, a significant increase of 824.05% compared to the same period last year [5]. - Cash flow from operating activities increased by 824.05% to ¥94,183,230.13 from ¥10,192,442.42, mainly due to reduced procurement expenses [13]. - The cash flow from operating activities generated a net amount of CNY 94,183,230.13, a substantial increase from CNY 10,192,442.42 in Q1 2018 [34]. - The net cash flow from investment activities was -¥370,899,818.51, a significant decrease compared to ¥101,709,147.69 in Q1 2018 [38]. - The net cash flow from financing activities was -¥116,628,148.43, worsening from -¥11,718,003.33 in the previous year [38]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,799,735,550.35, a decrease of 2.33% compared to the end of the previous year [5]. - The company's current assets totaled CNY 1,832,735,123.54, down from CNY 1,920,756,127.51 in the previous year, reflecting a decrease of approximately 4.5% [20]. - Total liabilities decreased to CNY 669,226,345.79 from CNY 722,723,320.46, a decline of approximately 7.4% [22]. - The company's equity attributable to shareholders was CNY 2,128,161,608.16, slightly down from CNY 2,141,599,839.58 [22]. - Total liabilities decreased to CNY 571,599,540.72 in Q1 2019 from CNY 631,223,280.86 in Q1 2018, a reduction of 9.5% [27]. Shareholder Information - The total number of shareholders at the end of the reporting period was 20,463 [9]. - The largest shareholder, Shandong Jinqilin Investment Management Co., Ltd., held 43.31% of the shares [9]. - The company repurchased a total of 5,631,300 shares, accounting for 2.69% of the total share capital, with a total payment of ¥75,265,669.00 [15]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 3,352,199.97 related to its normal business operations [7]. - The company reported a non-recurring profit of CNY 9,109,220.67 for the period [8]. - Other income for Q1 2019 was CNY 2,101,559.97, down from CNY 2,794,429.97 in Q1 2018 [28]. Research and Development - Research and development expenses for Q1 2019 were CNY 10,990,520.22, a decrease of 14.8% from CNY 12,899,002.34 in Q1 2018 [28]. - The company reported a significant increase in research and development expenses, totaling CNY 6,095,721.77 in Q1 2019, compared to CNY 8,271,972.63 in Q1 2018 [31].