ZOY(SH:603709)2019-04-24 16:00Financial Performance - Operating revenue for the period reached CNY 237,149,982.66, representing a growth of 38.65% year-on-year[6] - Net profit attributable to shareholders was CNY 11,355,850.65, an increase of 104.82% compared to the same period last year[6] - Basic earnings per share rose to CNY 0.14, reflecting a 75% increase from CNY 0.08 in the same quarter last year[6] - The company reported a net profit of CNY 8,597,456.27 after deducting non-recurring gains and losses, which is a 55.81% increase year-on-year[6] - The net profit for Q1 2019 reached CNY 14,156,712.17, a significant increase of 342.5% compared to CNY 3,195,655.58 in Q1 2018[28] - The total comprehensive income for Q1 2019 was CNY 14,156,712.17, compared to CNY 3,195,655.58 in Q1 2018, marking a substantial growth[28] - The company reported a total profit of CNY 16,654,955.50 for Q1 2019, up from CNY 3,724,300.68 in Q1 2018, showing strong financial performance[27] Cash Flow - The net cash flow from operating activities improved to CNY -12,596,902.91, a 35.51% increase compared to CNY -19,532,483.52 in the previous year[6] - Net cash flow from operating activities improved by 35.51% to -¥12,596,902.91, attributed to faster collection of accounts receivable and increased government subsidies[15] - Cash flow from operating activities was CNY 206,006,708.13, an increase from CNY 171,782,763.60 in Q1 2018, indicating improved cash generation[30] - Cash inflow from investment activities totaled CNY 162.20 million, compared to CNY 110.18 million in Q1 2018, marking a 47.3% increase[34] - Net cash flow from investment activities was CNY 33.74 million, a significant recovery from -CNY 18.99 million in Q1 2018[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 907,652,187.73, a decrease of 1.07% compared to the end of the previous year[6] - Total assets amounted to CNY 917,449,946.86, with current assets at CNY 626,992,944.26 and non-current assets at CNY 290,457,002.60[36] - Total liabilities were CNY 319,019,762.58, with current liabilities at CNY 319,019,762.58 and no non-current liabilities reported[37] - Total liabilities decreased to ¥295,045,971.66 from ¥316,598,978.05, a reduction of 6.8%[23] - Shareholders' equity increased to ¥602,497,136.60 from ¥588,340,424.43, reflecting a growth of 2.0%[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 5,458[10] - The largest shareholder, Anji Changjiang Investment Co., Ltd., held 30,601,800 shares, accounting for 38.25% of total shares[10] Expenses - Sales expenses surged by 92.55% to ¥36,353,694.12, driven by increased operational costs for expanding overseas e-commerce markets[15] - R&D expenses increased by 32.98% to ¥7,538,350.97, reflecting higher investment in research projects due to business scale expansion[15] - Research and development expenses for Q1 2019 were ¥7,538,350.97, compared to ¥5,668,578.89 in Q1 2018, indicating an increase of 32.9%[25] Other Financial Metrics - The weighted average return on net assets was 1.88%, a decrease of 0.02 percentage points from the previous year[6] - Non-recurring gains and losses totaled CNY 2,758,394.38 for the period[9] - Investment income rose significantly by 453.90% to ¥1,017,696.05, primarily due to increased returns from financial products[15] - The gross profit margin improved to 26.2% in Q1 2019, up from 21.9% in Q1 2018, indicating better cost management[27]