ANG(SH:603689)2019-04-24 16:00Financial Performance - Net profit attributable to shareholders increased by 47.92% to CNY 63,726,347.42 year-on-year[7] - Operating revenue rose by 34.5% to CNY 1,085,341,877.31 compared to the same period last year[7] - Basic earnings per share increased by 46.15% to CNY 0.19 compared to the previous year[7] - The weighted average return on equity improved by 0.82 percentage points to 3.10%[7] - The net profit after deducting non-recurring gains increased by 51.44% to CNY 63,245,385.23 year-on-year[7] - Operating revenue increased by 34.50% to CNY 1,085,341,877.31, driven by higher gas sales volume and average selling prices[13] - Operating profit for Q1 2019 was ¥83,967,261.82, up from ¥56,406,403.21 in Q1 2018, reflecting a growth of 48.8%[24] - Net profit for Q1 2019 was ¥61,515,114.36, compared to ¥38,722,862.59 in Q1 2018, representing a year-over-year increase of 58.7%[25] - Operating profit for Q1 2019 was CNY 72,790,870, an increase of 40.7% from CNY 51,688,675 in Q1 2018[27] - Net profit for Q1 2019 reached CNY 54,495,777, representing a 44.1% increase from CNY 37,800,298 in Q1 2018[27] Cash Flow - Net cash flow from operating activities surged by 106.62% to CNY 193,259,294.05 year-on-year[7] - Cash flow from operating activities surged by 106.62% to CNY 193,259,294.05, resulting from increased operating profit and customer prepayments[14] - Cash flow from operating activities for Q1 2019 was CNY 193,259,294, up 106.6% from CNY 93,531,923 in Q1 2018[30] - The net cash flow from operating activities for Q1 2019 was ¥134,487,754.66, compared to ¥43,196,863.78 in Q1 2018, reflecting a significant growth[32] - The company reported a net cash outflow from investing activities of CNY 69,063,888.61 in Q1 2019, an improvement from a net outflow of CNY 162,741,891.66 in Q1 2018[30] - The company experienced a net cash outflow from financing activities of CNY 49,143,707.97 in Q1 2019, compared to a net inflow of CNY 72,418,840.62 in Q1 2018[31] Assets and Liabilities - Total assets increased by 2.41% to CNY 3,235,045,020.52 compared to the end of the previous year[7] - The total assets increased to CNY 3,235,045,020.52 from CNY 3,158,925,386.54, indicating growth in the company's asset base[19] - Total liabilities decreased to ¥422,566,297.95 in Q1 2019 from ¥428,872,230.63 in Q4 2018, a reduction of 1.0%[23] - Non-current liabilities rose to CNY 448,048,368.84 from CNY 420,917,580.16, reflecting changes in long-term financial obligations[19] - Current assets increased to ¥617,110,755.07 in Q1 2019, compared to ¥543,442,929.41 in Q4 2018, marking a growth of 13.5%[22] Shareholder Information - The total number of shareholders reached 21,565 by the end of the reporting period[10] - The largest shareholder, Anhui Energy Group, holds 43.31% of the shares[10] Operating Costs and Expenses - Operating costs rose by 35.21% to CNY 973,611,913.35, primarily due to increased gas purchase volume and prices[13] - The company’s operating costs for Q1 2019 were ¥1,002,072,902.32, an increase of 33.1% from ¥752,293,057.56 in Q1 2018[24] - Total operating costs for Q1 2019 were CNY 924,183,084, an increase of 34.4% from CNY 687,201,602 in Q1 2018[27] - Financial expenses decreased significantly to CNY 316,160.62 in Q1 2019 from CNY 1,959,998.47 in Q1 2018[27] - Financial expenses decreased by 37.58% to CNY 1,789,109.39, mainly due to a reduction in short-term borrowings[13] Investment Income - Investment income skyrocketed by 923.35% to CNY 79,948.86, reflecting higher profits from joint ventures[14]