LOPAL(SH:603906)2019-06-21 16:00Financial Performance - Net profit attributable to shareholders increased by 26.26% to CNY 36,057,483.25 year-on-year[10] - Operating income rose by 26.42% to CNY 436,852,585.15 compared to the same period last year[10] - The company’s net profit after deducting non-recurring gains and losses increased by 25.04% to CNY 33,862,909.89[10] - Total revenue for Q1 2019 was 111,610,565.23, an increase of 41.75% compared to Q1 2018[20] - The company reported a net profit increase, with undistributed profits rising to ¥212,436,944.03 from ¥199,063,946.67, a growth of 6.9%[36] - Net profit for Q1 2019 reached ¥13,372,997.36, down 11.9% from ¥15,198,545.40 in Q1 2018[46] - Operating profit for Q1 2019 was ¥15,687,902.47, a decrease of 8.5% compared to ¥17,135,650.52 in Q1 2018[46] - Total comprehensive income for Q1 2019 was ¥13,372,997.36, down from ¥15,198,545.40 in Q1 2018[46] - The company reported a total profit of ¥15,974,591.91 for Q1 2019, a decrease from ¥18,123,754.51 in Q1 2018[42] Assets and Liabilities - Total assets increased by 2.47% to CNY 2,100,324,280.42 compared to the end of the previous year[10] - Total assets reached 2,100,324,280.42, an increase from 2,049,619,994.61 at the end of 2018[27] - The company’s total liabilities amounted to 662,333,921.86, slightly up from 657,593,095.08 in the previous period[29] - Total liabilities increased to ¥599,099,135.52 from ¥525,724,874.99, marking a rise of 13.9%[36] - Total liabilities reached $525,724,874.99, with current liabilities at $399,138,721.11[67] - The company has a total of ¥19,534,228.57 in taxes payable, which reflects its tax obligations[60] Cash Flow - Net cash flow from operating activities increased by 41.75% to CNY 111,610,565.23 year-on-year[10] - Cash flow from operating activities in Q1 2019 was ¥492,551,315.30, an increase from ¥391,839,682.88 in Q1 2018[46] - Cash flow from operating activities totaled ¥289,801,482.30, compared to ¥223,980,981.31, a growth of 29.4%[52] - Cash flow from investing activities was negative at -31,193,909.25, a significant increase in outflows compared to -4,373,061.73 in Q1 2018[20] - The net cash flow from financing activities was -¥13,824,655.09, contrasting with a positive flow of ¥19,643,811.30 in the prior year[52] Shareholder Information - The number of shareholders reached 16,476 at the end of the reporting period[16] - The company’s basic earnings per share decreased by 14.28% to CNY 0.12[10] - Basic earnings per share for Q1 2019 was ¥0.12, compared to ¥0.14 in Q1 2018[46] Research and Development - R&D expenses rose to 15,858,288.34, reflecting a 33.93% increase due to higher direct investment and testing costs[20] - Research and development expenses for Q1 2019 were ¥15,858,288.34, up from ¥11,840,676.56, showing a growth of 33.0%[38] - Research and development expenses for Q1 2019 totaled ¥6,044,159.49, down from ¥6,613,732.64 in Q1 2018[42] Financial Expenses - Financial expenses increased by 137.45% to 3,615,292.21, primarily due to higher bank loan interest payments[20] - Financial expenses for Q1 2019 were ¥3,126,355.25, compared to ¥249,864.15 in Q1 2018, indicating a substantial increase[42] Other Comprehensive Income - The company reported a significant increase in other comprehensive income to 228,623.03, up 144.50% mainly due to foreign currency translation adjustments[20]