WGQ(SH:900912)2019-04-26 16:00Financial Performance - Operating revenue rose by 45.39% to CNY 3.26 billion compared to the same period last year[6]. - Net profit attributable to shareholders increased by 58.49% to CNY 585.66 million year-on-year[6]. - Basic earnings per share increased by 57.58% to CNY 0.52 per share compared to the previous year[6]. - Total operating revenue for Q1 2019 reached ¥3,272,513,869.17, a 45.0% increase from ¥2,255,137,245.60 in Q1 2018[23]. - Net profit for Q1 2019 was ¥601,303,504.64, up 57.2% from ¥382,878,456.85 in Q1 2018[24]. - Operating profit for Q1 2019 was ¥803,570,167.03, representing a 55.0% increase compared to ¥518,138,381.15 in Q1 2018[24]. - Total operating costs for Q1 2019 were ¥2,477,612,228.93, up 42.4% from ¥1,741,649,924.39 in Q1 2018[23]. - Tax expenses for Q1 2019 amounted to ¥202,828,190.14, compared to ¥138,010,221.61 in Q1 2018, reflecting a 46.7% increase[24]. - Total comprehensive income for Q1 2019 was ¥601,298,667.33, compared to ¥345,861,910.02 in Q1 2018, indicating a 73.7% increase[24]. Asset and Liability Changes - Total assets decreased by 5.89% to CNY 29.25 billion compared to the end of the previous year[6]. - Total liabilities decreased from CNY 20,388,446,101.00 to CNY 17,929,005,119.43, a reduction of approximately 12%[17]. - Total equity increased from CNY 10,187,678,008.70 to CNY 10,768,747,165.99, representing a growth of about 5.7%[17]. - Total current assets decreased from CNY 11,204,477,154.24 to CNY 10,189,038,269.31, a decline of approximately 9.1%[20]. - Total non-current liabilities rose slightly from CNY 5,126,781,261.17 to CNY 5,549,810,721.93, an increase of approximately 8.3%[17]. - Long-term borrowings rose by 44.67% to ¥136,386.51 million, compared to ¥94,276.51 million in the previous period[13]. - Short-term borrowings increased from CNY 3,016,000,000 to CNY 4,020,000,000, an increase of about 33.3%[21]. Cash Flow and Investments - Net cash flow from operating activities surged by 399.44% to CNY 369.96 million compared to the same period last year[6]. - The company's net cash flow from operating activities was ¥369,964,993.63, a significant increase from ¥74,075,546.17 in Q1 2018, representing a growth of approximately 397%[28]. - The net cash flow from investing activities was -¥54,507,528.22 in Q1 2019, an improvement compared to -¥500,892,812.80 in Q1 2018[28]. - Cash flow from financing activities showed a net outflow of -¥756,309,638.13 in Q1 2019, compared to a net inflow of ¥1,280,632,078.67 in Q1 2018[28]. - Investment income increased by 64.38% to ¥387.79 million, compared to ¥235.91 million in the same period last year[13]. - Investment income for Q1 2019 was ¥3,877,885.58, up from ¥2,359,120.03 in Q1 2018, marking a 64.3% increase[23]. Shareholder Information - The total number of shareholders reached 67,249 by the end of the reporting period[9]. - The largest shareholder, Shanghai Waigaoqiao Asset Management Co., Ltd., holds 53.03% of the shares[11]. - Total equity attributable to shareholders increased from CNY 7,843,058,020.50 to CNY 8,284,548,692.54, representing a growth of about 5.6%[22]. Other Financial Metrics - The weighted average return on equity increased by 1.95 percentage points to 5.59%[6]. - Non-recurring gains and losses totaled CNY 3.90 million for the reporting period[8]. - Research and development expenses for Q1 2019 were ¥1,535,722.86, slightly up from ¥1,408,535.96 in Q1 2018[23]. - Other comprehensive income after tax for Q1 2019 was -¥4,837.31, a significant improvement from -¥37,016,546.83 in Q1 2018[24].