Konruns(SH:603590)2019-04-29 16:00Financial Performance - Operating income rose by 4.96% to CNY 192,747,541.50 year-on-year[7] - Net profit attributable to shareholders increased by 22.10% to CNY 49,170,649.65 compared to the same period last year[7] - Comprehensive income for Q1 2019 totaled CNY 95,045,090.17, significantly higher than CNY 51,380,339.39 in Q1 2018, marking an increase of 84.8%[26] - Net profit for Q1 2019 reached CNY 49,170,649.65, representing a 22.1% increase from CNY 40,269,637.53 in Q1 2018[26] - Total operating revenue for Q1 2019 was CNY 192,747,541.50, an increase of 4.6% compared to CNY 183,637,346.14 in Q1 2018[25] - Total operating costs for Q1 2019 were CNY 145,094,925.75, up from CNY 137,971,969.57 in Q1 2018, reflecting a year-over-year increase of 5.1%[25] Cash Flow - Net cash flow from operating activities surged by 1,652.16% to CNY 67,871,629.80 compared to the previous year[7] - The net cash flow from operating activities for Q1 2019 was ¥66,634,066.96, a significant increase from ¥4,165,411.57 in Q1 2018, representing a growth of approximately 1498%[35] - Total cash inflow from operating activities was ¥279,494,063.34 in Q1 2019, compared to ¥164,726,341.19 in Q1 2018, indicating a year-over-year increase of about 70%[35] - The company reported a significant increase in sales cash receipts, totaling CNY 254.40 million, compared to CNY 153.24 million in Q1 2018, representing a 66.0% increase[32] Assets and Liabilities - Total assets increased by 2.57% to CNY 2,995,353,704.15 compared to the end of the previous year[7] - Total current assets were reported at ¥1,944,358,652.04, slightly down from ¥1,944,494,405.33 in the previous period, indicating a decrease of about 0.007%[18] - The company's total liabilities decreased to CNY 404,341,962.55 in Q1 2019 from CNY 423,270,585.28 in Q1 2018, a reduction of 4.4%[22] - Total liabilities decreased to ¥419,594,185.29 from ¥439,478,033.07, indicating a reduction of about 4.5%[19] - The company's equity attributable to shareholders rose to ¥2,575,759,518.86 from ¥2,480,714,428.69, reflecting an increase of approximately 3.9%[19] Shareholder Information - The total number of shareholders reached 16,341 at the end of the reporting period[10] - The largest shareholder, Liu Jianhua, holds 31.74% of the shares, totaling 50,786,760 shares[10] Research and Development - Research and development expenses increased by 141.95% to ¥18,225,015.70, driven by higher investment in R&D and increased personnel costs[14] - Research and development expenses for Q1 2019 were CNY 18,225,015.70, which is a substantial increase of 142.5% compared to CNY 7,532,611.86 in Q1 2018[25] Financial Standards and Reporting - The company executed new financial instrument standards starting January 1, 2019, which may impact future financial reporting and analysis[40] - The company is committed to adhering to new financial reporting standards, which may enhance transparency and comparability in financial statements[45] Other Financial Metrics - Basic earnings per share decreased by 8.82% to CNY 0.31[7] - The weighted average return on equity decreased by 0.97 percentage points to 1.96%[7] - Other income surged by 667.51% to ¥7,818,708.62, primarily due to an increase in government subsidies related to daily operations[15] - The company's financial expenses increased by 206.28% to -¥15,901,489.83, mainly due to higher interest income[14]