HOLSIN(SH:603909)2019-04-26 16:00Financial Performance - Operating revenue increased by 89.77% to CNY 145,808,459.55 year-on-year[8] - Net profit attributable to shareholders increased by 130.97% to CNY 6,367,956.96 compared to the same period last year[8] - Basic earnings per share rose by 135.06% to CNY 0.0637[8] - Total operating revenue for Q1 2019 reached ¥145.81 million, a significant increase of 90% compared to ¥76.84 million in Q1 2018[29] - Net profit for Q1 2019 was ¥7.12 million, compared to ¥2.36 million in Q1 2018, representing a growth of 201%[30] - Total profit for Q1 2019 was ¥8.99 million, up from ¥3.72 million in Q1 2018, reflecting a growth of 141%[30] - The company reported an operating profit of ¥8.96 million in Q1 2019, compared to ¥3.78 million in Q1 2018, marking a 137% increase[29] - The company achieved an investment income of ¥32.91 million in Q1 2019, compared to ¥373.55 thousand in Q1 2018[29] Cash Flow - Net cash flow from operating activities decreased by 17.31% to -CNY 26,638,893.46[8] - The company reported a net cash outflow from operating activities of ¥2.66 million, a 17.31% increase in outflow compared to the previous period[16] - The net cash outflow from investment activities was ¥2.61 million, a decrease of 86.27% compared to the previous period, indicating reduced acquisition activity[16] - The net cash inflow from financing activities was ¥171.85 million, a 99.19% decrease, primarily due to the impact of previous equity incentives and acquisition loans[16] - The net cash outflow from operating activities in Q1 2019 was approximately -¥26.6 million, compared to -¥22.7 million in Q1 2018, indicating a worsening cash flow situation[38] - The cash inflow from investment activities in Q1 2019 was approximately ¥12.2 million, a decrease of 91.4% from ¥141.5 million in Q1 2018[39] - The cash inflow from financing activities in Q1 2019 was approximately ¥19.5 million, down from ¥172 million in Q1 2018, reflecting a decrease of 88.7%[39] - The total cash and cash equivalents at the end of Q1 2019 was approximately ¥65.7 million, a decrease from ¥75.3 million at the end of Q1 2018[39] Assets and Liabilities - Total assets decreased by 4.85% to CNY 1,275,676,602.68 compared to the end of the previous year[8] - Total liabilities decreased from CNY 601,054,340.86 to CNY 528,304,530.51, a decrease of around 12.09%[22] - Current liabilities decreased from CNY 408,863,095.18 to CNY 338,177,519.68, a reduction of about 17.25%[22] - Non-current liabilities decreased from CNY 192,191,245.68 to CNY 190,127,010.83, a slight decline of approximately 1.08%[22] - Owner's equity increased from CNY 739,611,126.81 to CNY 747,372,072.17, an increase of about 1.03%[22] - Cash and cash equivalents decreased by 41.73% to ¥74.68 million from ¥128.15 million, primarily due to year-end bonuses and financial product purchases[15] - The company’s receivables from bills and accounts decreased to ¥659.30 million from ¥702.69 million, indicating improved cash collection[20] - Total current assets decreased from CNY 351,077,625.18 to CNY 347,320,756.77, a decline of about 0.79%[25] Shareholder Information - The number of shareholders reached 10,146 at the end of the reporting period[11] - The top shareholder, Huang Hebin, holds 10.39% of the shares, with 4,300,000 shares pledged[11] Research and Development - Research and development expenses rose by 121.52% to ¥5.35 million, reflecting increased investment in R&D by subsidiaries[15] - Research and development expenses in Q1 2019 amounted to ¥5.35 million, up from ¥2.42 million in Q1 2018, indicating a 121% increase[29] Financial Adjustments and Compliance - The company adjusted the classification of certain financial assets, impacting the reporting of trading financial assets and other non-current financial assets[48] - There are no audit report issues noted in the financial statements, suggesting compliance with reporting standards[51] - The earnings report does not indicate any adjustments related to new financial instruments or leasing standards[51] Future Outlook - Future outlook and performance guidance are not provided in the report, indicating a focus on current financial status[51] - The company has not disclosed any new product developments or market expansion strategies in this report[51] - No mergers or acquisitions have been mentioned in the current financial report[51]