Youon(SH:603776)2019-04-28 16:00Financial Performance - Operating income for the first quarter was CNY 188,145,706.87, a slight increase of 0.14% year-on-year[6] - Net profit attributable to shareholders was CNY 28,242,753.75, up by 0.99% compared to the same period last year[6] - Basic earnings per share increased by 5.00% to CNY 0.21[6] - Total operating revenue for Q1 2019 was CNY 188,145,706.87, a slight increase of 0.14% compared to CNY 187,886,884.00 in Q1 2018[30] - Net profit for Q1 2019 was CNY 27,965,212.41, showing a marginal increase from CNY 27,891,313.44 in Q1 2018[31] - Total profit for Q1 2019 was CNY 31,967,873.95, a decrease of 12.0% compared to CNY 36,619,605.76 in Q1 2018[30] - Operating profit decreased to CNY 31,788,645.70, down 13.5% from CNY 36,500,015.84 in Q1 2018[30] Assets and Liabilities - Total assets increased by 36.68% to CNY 3,508,588,670.50 compared to the end of the previous year[6] - Total current assets increased to ¥2,815,620,365.11 from ¥1,460,518,812.19, indicating significant growth in liquidity[23] - Non-current assets decreased to ¥692,968,305.39 from ¥1,106,413,340.45, a decline of about 37.4%[25] - Total liabilities increased to ¥1,112,237,542.88 from ¥896,046,296.86, reflecting an increase of about 24.1%[25] - Current liabilities decreased to ¥640,073,260.97 from ¥756,372,267.40, a reduction of approximately 15.4%[25] - Total assets decreased to $2,434,737,455.48 from $3,365,830,714.49, a decline of approximately 28%[49] - Total liabilities decreased to $796,154,264.82 from $1,028,927,579.57, a reduction of about 22%[49] Shareholders' Equity - Net assets attributable to shareholders increased by 43.57% to CNY 2,391,606,146.18 compared to the end of the previous year[6] - Shareholders' equity rose to ¥2,396,351,127.62 from ¥1,670,885,855.78, indicating a growth of approximately 43.4%[25] - Shareholders' equity grew from CNY 1,670,885,855.78 to CNY 2,369,205,800.04, an increase of 41.7%[45] - Shareholders' equity decreased to $1,638,583,190.66 from $2,336,903,134.92, representing a decline of approximately 30%[50] Cash Flow - Net cash flow from operating activities decreased by 36.79% to CNY 34,438,432.47 compared to the previous year[6] - The company reported a decrease in management expenses to CNY 8,875,919.49, down 29.5% from CNY 12,530,797.30 in Q1 2018[30] - The company experienced a tax expense of CNY 4,002,661.54, significantly lower than CNY 8,728,292.32 in Q1 2018[30] - The net cash flow from operating activities was CNY 34,438,432.47, down 36.8% compared to CNY 54,483,981.31 in the same period last year[37] - The company reported a significant increase in cash inflow from investment activities, totaling CNY 164,758,027.41, compared to CNY 43,221,235.61 in Q1 2018, marking an increase of 281.5%[38] - The net cash flow from investment activities for the parent company was negative CNY 363,735,301.97, compared to a net outflow of CNY 37,609,639.80 in the previous year[40] Investments and Expenses - R&D expenses rose by 136.84% to ¥11,384,094.27, reflecting increased investment in new product development[17] - Financial expenses skyrocketed by 3,548.42% to ¥2,523,235.15, mainly due to increased bank loan interest costs[17] - Investment income increased by 225.09% to ¥719,204.04, resulting from higher amounts invested in bank wealth management products[17] - Total operating costs increased to CNY 160,283,572.93, up 3.8% from CNY 155,299,141.28 in the same period last year[30] - Research and development expenses rose significantly to CNY 11,384,094.27, an increase of 137.5% compared to CNY 4,806,688.89 in Q1 2018[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 12,475[10] - The largest shareholder, Sun Jisheng, holds 34.83% of the shares, with 46,811,531 shares pledged[10]