Lily Group(SH:603823)2019-04-29 16:00Financial Performance - Net profit attributable to shareholders decreased slightly by 0.01% to CNY 37,146,022.20[5] - Operating revenue rose by 18.74% to CNY 458,927,880.82 compared to the same period last year[5] - The net profit excluding non-recurring gains and losses increased by 1.44% to CNY 32,422,774.60[5] - Basic and diluted earnings per share remained unchanged at CNY 0.17[5] - The net profit for Q1 2019 was CNY 27,173,745.63, down 15% from CNY 31,929,090.42 in Q1 2018[26] - The total profit for Q1 2019 was CNY 31,445,327.89, down 15.0% from CNY 37,005,760.29 in Q1 2018[25] - The operating profit for Q1 2019 was CNY 28,368,868.49, a decrease of 15.4% from CNY 33,431,755.21 in Q1 2018[25] Assets and Liabilities - Total assets increased by 0.85% to CNY 2,328,281,860.26 compared to the end of the previous year[5] - The company's total assets as of March 31, 2019, amounted to ¥2,328,281,860.26, up from ¥2,308,553,571.48 at the end of 2018[16] - The total liabilities decreased to ¥678,645,834.53 from ¥699,435,634.97, reflecting a reduction of about 2.5%[16] - Total liabilities amounted to CNY 571,430,281.58, slightly up from CNY 568,246,932.74, indicating a marginal increase of 0.4%[20] - Total liabilities reached CNY 699,435,634.97, unchanged from the previous reporting period[36] Cash Flow - Net cash flow from operating activities surged by 207.07% to CNY 32,256,986.88[5] - The cash inflow from operating activities in Q1 2019 was CNY 298,476,849.51, an increase from CNY 267,982,992.47 in Q1 2018[28] - The total cash flow net increase for Q1 2019 was CNY 18,393,554.94, compared to CNY 13,528,822.46 in Q1 2018, reflecting an increase of approximately 36.5%[30] - The company reported a total cash outflow from operating activities of CNY 266,219,862.63, which is an increase from CNY 257,478,267.10 in the previous year, showing a rise of approximately 0.3%[29] Shareholder Information - The number of shareholders reached 15,783 at the end of the reporting period[9] - The largest shareholder, 百合花控股有限公司, holds 64.45% of the shares[9] Inventory and Receivables - Accounts receivable decreased by 61.94% to CNY 7,083,715.72 due to reduced collection of receivables during the reporting period[10] - The accounts receivable increased to ¥409,734,748.71 from ¥363,326,342.96, indicating a growth of approximately 12.8%[14] - The company's inventory decreased to ¥491,961,985.05 from ¥533,109,262.48, a decline of about 7.7%[14] - Inventory decreased to CNY 317,163,875.14 from CNY 334,979,988.60, a decline of 5.3%[19] Expenses - The sales expenses increased by 31.06% to ¥8,838,130.36, primarily due to increased freight costs[11] - The financial expenses decreased by 48.01% to ¥2,678,380.58, mainly due to changes in exchange gains and losses[11] - Research and development expenses for Q1 2019 were CNY 14,437,780.93, up from CNY 11,307,376.44 in Q1 2018, an increase of 27.5%[23] - The financial expenses for Q1 2019 were CNY 1,695,376.32, a decrease from CNY 2,356,914.51 in Q1 2018[25] Equity - The total equity attributable to shareholders increased to ¥1,455,912,199.31 from ¥1,418,932,700.10, reflecting a growth of approximately 2.6%[16] - Shareholders' equity totaled CNY 1,609,117,936.51, with a slight increase of CNY 137,843.59[38] - Owner's equity stood at approximately CNY 1.29 billion, reflecting a minor decrease of CNY 289,636.15 compared to the previous period[41] Other Financial Metrics - The weighted average return on equity decreased by 0.30 percentage points to 2.58%[5] - The deferred income tax liabilities were reported at ¥3,713,048.17, slightly down from ¥3,802,094.71[16] - The company has implemented new financial instrument standards effective from January 1, 2019, impacting accounting policies[42] - The company has not reported any significant changes in its financial reporting due to the new leasing standards[42]