PNC(SH:603690)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders increased by 411.16% to CNY 11,428,688.52 from CNY 2,235,818.41 year-on-year[10] - Operating revenue rose by 57.68% to CNY 115,935,783.16 compared to CNY 73,526,175.78 in the same period last year[10] - Basic earnings per share increased by 390.91% to CNY 0.054 from CNY 0.011[10] - The company reported a non-recurring profit of CNY 1,738,589.89 for the period[16] - The net profit after deducting non-recurring gains and losses increased by 450.68% to CNY 9,690,098.63 from CNY 1,759,667.72 year-on-year[10] - Operating profit for Q1 2019 was CNY 11,254,383.79, up from CNY 2,215,194.00 in the same period last year, reflecting a growth of 408.5%[45] - Net profit for Q1 2019 amounted to CNY 10,169,025.60, compared to CNY 1,555,521.88 in Q1 2018, representing a year-over-year increase of 553.5%[45] - The total comprehensive income attributable to the parent company for Q1 2019 was CNY 11,428,688.52, compared to CNY 2,235,818.41 in Q1 2018[47] Assets and Liabilities - Total assets increased by 58.32% to CNY 2,301,755,207.67 compared to the end of the previous year[10] - Total liabilities amounted to ¥1,410,730,561.18, up from ¥1,009,993,749.75, indicating a growth of around 39.6%[35] - Current assets totaled ¥1,463,383,368.57, compared to ¥1,073,429,586.20, reflecting a growth of about 36.3%[35] - Non-current assets rose to ¥838,371,839.10 from ¥380,420,276.84, marking an increase of approximately 120.4%[35] - Total liabilities rose to CNY 1,192,445,423.54, compared to CNY 575,493,700.95, marking an increase of 107.0%[42] - Shareholders' equity reached ¥891,024,646.49, compared to ¥443,856,113.29, which is an increase of approximately 100.5%[35] Cash Flow - Net cash flow from operating activities improved by 74.39%, reaching -CNY 9,218,204.08, compared to -CNY 35,994,168.00 in the previous year[10] - Cash inflows from operating activities in Q1 2019 totaled CNY 277,231,536.02, significantly higher than CNY 132,659,191.18 in Q1 2018[53] - The net cash flow from operating activities for Q1 2019 was negative CNY 9,218,204.08, an improvement from negative CNY 35,994,168.00 in Q1 2018[53] - Cash inflow from sales of goods and services was 146,952,598.78 RMB, significantly higher than 85,874,783.98 RMB in the same quarter last year, marking an increase of approximately 71.1%[58] Shareholder Information - The total number of shareholders reached 12,565 by the end of the reporting period[15] - The largest shareholder, Jiang Yuan, holds 32.05% of the shares, totaling 76,003,200 shares[15] Acquisitions and Investments - The company completed the acquisition of 100% equity in Shanghai Bohui Technology Co., Ltd., with share issuance and asset transfer finalized[24] - Goodwill surged by 4433.18% to RMB 240,682,213.08, primarily resulting from new goodwill formed after acquisitions[23] - The company’s long-term investments rose to ¥921,182,860.31 from ¥165,496,135.08, marking an increase of approximately 455.7%[36] Expenses - The company’s financial expenses decreased by 33.32% to RMB 4,649,085.88, attributed to lower interest costs from private placement bonds[23] - Research and development expenses for Q1 2019 were CNY 4,595,152.07, indicating ongoing investment in innovation[42] - The total operating costs for Q1 2019 were CNY 104,859,371.71, up from CNY 71,396,325.23, representing a 47.0% increase[42]