Daimay(SH:603730)2019-04-28 16:00Financial Performance - Operating revenue rose by 44.78% to CNY 1,246,992,529.23 year-on-year[4] - Net profit attributable to shareholders increased by 7.74% to CNY 161,040,006.51 compared to the same period last year[4] - Basic earnings per share rose by 8.33% to CNY 0.39[4] - Total operating revenue for Q1 2019 was approximately CNY 1.25 billion, a 44.9% increase from CNY 861.27 million in Q1 2018[19] - Net profit for Q1 2019 reached approximately CNY 161.04 million, representing an increase of 7.5% compared to CNY 149.47 million in Q1 2018[20] - Operating profit for Q1 2019 was approximately CNY 184.53 million, a 8.1% increase from CNY 170.74 million in Q1 2018[19] - Total profit for Q1 2019 was approximately CNY 193.11 million, up from CNY 174.18 million in Q1 2018[19] Assets and Liabilities - Total assets increased by 4.54% to CNY 5,372,460,808.94 compared to the end of the previous year[4] - Total liabilities increased to ¥1,894,656,172.78, up from ¥1,817,180,022.11, representing a growth of approximately 4.5% year-over-year[15] - Total equity attributable to shareholders rose to ¥3,475,295,990.71, compared to ¥3,319,445,474.44, reflecting an increase of about 4.7%[15] - The company reported a total equity of ¥2,301,039,103.28, up from ¥2,244,913,397.45, indicating an increase of approximately 2.5%[17] Cash Flow - Net cash flow from operating activities decreased by 6.84% to CNY 110,566,620.64 year-on-year[4] - Cash inflow from operating activities reached ¥1,493,776,868.37, significantly up from ¥868,420,327.06 year-over-year, indicating strong sales performance[24] - The net cash flow from operating activities was ¥110,566,620.64, a decrease from ¥118,680,843.94 in Q1 2018, suggesting increased operational costs[25] - Cash inflow from financing activities totaled ¥334,569,330.27, up from ¥97,300,000.00 in the same quarter last year, reflecting increased borrowing[26] - The net cash flow from financing activities was ¥149,174,375.16, compared to ¥91,099,855.05 in Q1 2018, showing improved financing conditions[26] Shareholder Information - The number of shareholders at the end of the reporting period was 13,379[6] - The largest shareholder, Zhejiang Zhoushan Daimai Investment Co., Ltd., held 54.91% of the shares[7] Operational Costs and Expenses - Operating costs increased by 60.56% to ¥874,489,779.50 from ¥544,638,601.06, driven by higher revenue and changes in gross margin from the newly acquired company[11] - Financial expenses rose by 32.01% to ¥27,634,713.17 from ¥20,933,927.04, primarily due to increased bank borrowings and exchange rate fluctuations[11] - Research and development expenses for Q1 2019 totaled approximately CNY 39.19 million, a 20.2% increase from CNY 32.60 million in Q1 2018[19] Other Financial Metrics - The weighted average return on net assets increased by 0.08 percentage points to 4.76%[4] - The company reported a total non-operating income of CNY 44,235,455.05[5] - The company anticipates continued revenue growth driven by stable order increases and the successful integration of acquired entities into its operations[11] - The company reported a financial expense of approximately CNY 27.63 million in Q1 2019, an increase from CNY 20.93 million in Q1 2018[19]