NBJF(SH:603997)2019-04-29 16:00Financial Performance - Operating revenue for the period was ¥510,757,943.48, a slight increase of 0.33% compared to the same period last year[8]. - Net profit attributable to shareholders of the listed company decreased by 24.27% to ¥59,335,091.79 compared to the previous year[8]. - Basic and diluted earnings per share were both ¥0.09, down 25.00% from ¥0.12 in the previous year[8]. - The company reported a total profit of CNY 74,656,573.04 for Q1 2019, compared to CNY 98,862,445.73 in Q1 2018, a decrease of 24.5%[35]. - The company’s total comprehensive income for Q1 2019 was CNY 60,971,238.64, down from CNY 81,333,042.68 in Q1 2018, a decline of 25%[35]. - Net profit for Q1 2019 was CNY 60,084,654.99, down from CNY 79,886,729.72 in Q1 2018, indicating a decline of 24.9%[35]. - Operating profit for Q1 2019 was CNY 74,673,418.63, compared to CNY 98,771,442.56 in Q1 2018, reflecting a decrease of 24.4%[34]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,573,700,189.66, an increase of 1.58% compared to the end of the previous year[8]. - Total liabilities amounted to ¥597,566,938.21, a decrease from ¥622,461,172.27 in the previous period, reflecting a reduction of approximately 4.5%[26]. - Total current assets amounted to ¥1,812,597,535.28 as of January 1, 2019, with no adjustments from the previous year[49]. - Total non-current assets reached ¥721,072,838.65, remaining unchanged from the previous year[52]. - Total current liabilities were reported at ¥614,983,040.87, with no changes noted[52]. - Total equity attributable to shareholders increased to ¥1,933,081,744.38 from ¥1,869,324,768.09, representing a growth of about 3.4%[26]. Cash Flow - Net cash flow from operating activities was ¥84,053,123.43, a decrease of 9.70% compared to the same period last year[8]. - Cash inflow from operating activities for Q1 2019 was CNY 571,786,018.59, a decrease of 3.8% from CNY 592,855,847.45 in Q1 2018[40]. - Net cash outflow from investing activities was CNY -44,514,805.19, compared to CNY -32,364,049.36 in the same period last year, indicating increased investment expenditures[42]. - Cash inflow from financing activities decreased significantly to CNY 5,530,748.95 from CNY 85,999,112.00 in Q1 2018, reflecting reduced financing activities[42]. - The net increase in cash and cash equivalents for Q1 2019 was CNY 25,398,244.24, a substantial decline from CNY 138,893,635.01 in Q1 2018[42]. Shareholder Information - The total number of shareholders at the end of the reporting period was 20,691[12]. - The largest shareholder, Ningbo Jihong Investment Co., Ltd., held 51.99% of the shares, with a total of 332,441,497 shares[12]. Expenses - Total operating costs increased to CNY 435,290,551.27 from CNY 405,377,501.66, reflecting a rise of 7.1% year-over-year[34]. - Management expenses surged by 52.09% to CNY 63,369,027.65 from CNY 41,664,701.13, largely due to costs associated with major asset restructuring projects amounting to CNY 11 million[16]. - Research and development expenses for Q1 2019 were CNY 15,763,459.64, down from CNY 17,735,034.81 in Q1 2018, a reduction of 11%[34]. Government Subsidies - The company received government subsidies amounting to ¥3,846,392.51, which are closely related to its normal business operations[8]. Other Financial Metrics - The weighted average return on net assets decreased by 1.32 percentage points to 3.12%[8]. - The company reported an increase in undistributed profits to ¥922,215,042.85 from ¥862,879,951.06, reflecting a growth of about 6.9%[26]. - Cash paid for taxes rose to CNY 69,316,612.23, up 40.7% from CNY 49,288,669.71 in the previous year[40]. - Other comprehensive income after tax for Q1 2019 was CNY 886,583.65, down from CNY 1,446,312.96 in Q1 2018, a decline of 38.8%[35].