Xianhe(SH:603733)2019-04-26 16:00Financial Performance - Operating revenue for the period was CNY 1,013,389,706.02, representing an increase of 28.51% year-on-year[12] - Net profit attributable to shareholders was CNY 35,675,996.89, a decrease of 63.26% compared to the same period last year[12] - Basic earnings per share were CNY 0.06, down 66.67% from CNY 0.18 in the same period last year[12] - Total operating revenue for Q1 2019 was CNY 1,013,389,706.02, an increase of 28.5% compared to CNY 788,581,418.77 in Q1 2018[51] - Net profit for Q1 2019 was CNY 35,644,116.13, a decrease of 63.3% from CNY 97,069,848.85 in Q1 2018[51] - Total comprehensive income for the first quarter was CNY 33,162,130.51, compared to CNY 68,342,686.34 in the same quarter of the previous year[58] Cash Flow - The net cash flow from operating activities was CNY 27,763,434.82, a significant recovery from a negative cash flow of CNY -75,308,275.42 in the previous year[12] - Cash inflow from operating activities reached CNY 662,926,123.64, a 28.2% increase from CNY 517,026,664.93 in the same period last year[64] - Net cash flow from operating activities was CNY 158,385,291.57, compared to CNY 71,149,346.50 in the first quarter of 2018, representing a 122.3% increase[64] - Cash outflow from investment activities totaled CNY 422,612,227.44, significantly higher than CNY 160,483,757.00 in the previous year[64] - Net cash flow from investment activities was negative CNY 237,065,237.98, worsening from negative CNY 103,789,076.44 year-over-year[64] - Cash inflow from financing activities amounted to CNY 461,260,829.25, up from CNY 424,383,909.28 in the same quarter last year[67] - Net cash flow from financing activities increased to CNY 66,528,274.73, compared to CNY 31,391,253.71 in the first quarter of 2018, marking a 112.2% rise[67] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,403,601,651.97, a decrease of 2.37% compared to the end of the previous year[12] - Current liabilities decreased from ¥2,022,961,909.79 to ¥1,858,308,207.16, a reduction of about 8.12%[41] - Non-current assets increased from ¥3,025,668,292.29 to ¥3,118,272,974.72, an increase of approximately 3.06%[41] - Total liabilities decreased from ¥2,297,326,898.47 to ¥2,127,349,229.77, a decline of about 7.39%[41] - Total equity increased to CNY 3,192,883,018.68 from CNY 3,156,414,953.27 in the previous period[51] Shareholder Information - The total number of shareholders at the end of the reporting period was 29,600[16] - Shareholders' equity increased from ¥3,237,302,371.17 to ¥3,276,252,422.20, an increase of approximately 1.20%[41] Expenses - The gross profit margin decreased by approximately 10.42% due to rising prices of key raw materials such as wood pulp and titanium dioxide[15] - The company's financial expenses increased by 128.14%, reaching ¥15,056,228.95, primarily due to rising material costs and reduced exchange gains[26] - Research and development expenses for Q1 2019 were CNY 13,736,431.03, down from CNY 16,101,460.45 in Q1 2018[51] - The company incurred financial expenses of CNY 7,305,389.76, compared to a financial income of CNY 1,294,245.09 in the same period last year[56] Government Support and Other Income - The company received government subsidies amounting to CNY 2,720,384.54, which are closely related to its normal business operations[16] - The company reported a non-operating income of CNY 4,074,865.95, primarily from futures disposal gains related to wood pulp[16]