JZP(SH:900952)2019-04-25 16:00Financial Performance - Operating revenue decreased by 1.15% to CNY 1,386,100,676.04 year-on-year[6] - Net profit attributable to shareholders increased by 1.82% to CNY 44,886,078.10[6] - Basic earnings per share increased by 1.82% to CNY 0.0224174[6] - Total operating revenue for Q1 2019 was CNY 1,386,100,676.04, a decrease of 1.1% from CNY 1,402,247,940.19 in Q1 2018[26] - Net profit for Q1 2019 was CNY 45,720,073.63, an increase of 1.6% compared to CNY 45,001,780.34 in Q1 2018[27] - The profit attributable to shareholders of the parent company for Q1 2019 was CNY 44,886,078.10, up from CNY 44,082,494.98 in Q1 2018[27] - Operating revenue for Q1 2019 was CNY 1,280,208,823.30, a 45.3% increase from CNY 881,160,526.78 in Q1 2018[30] - Net profit for Q1 2019 was CNY 35,085,011.07, a decrease of 68.8% compared to CNY 112,620,813.84 in Q1 2018[30] - Operating profit for Q1 2019 was CNY 43,352,604.04, down 61.7% from CNY 113,172,149.36 in Q1 2018[30] Cash Flow and Liquidity - Net cash flow from operating activities decreased significantly by 84.54% to CNY 26,418,772.96[6] - Cash flow from operating activities for Q1 2019 was CNY 26,418,772.96, a significant decrease of 84.5% from CNY 170,874,047.52 in Q1 2018[32] - Cash flow from investing activities for Q1 2019 was negative CNY 81,712,240.70, an improvement from negative CNY 188,855,632.09 in Q1 2018[33] - Cash flow from financing activities for Q1 2019 was CNY 467,897,567.31, an increase from CNY 92,084,563.95 in Q1 2018[33] - The net cash flow from investing activities was -38,229,515.20 RMB in Q1 2019, a decrease from 121,768,625.66 RMB in Q1 2018, showing a shift towards cash outflow[35] - The total cash and cash equivalents at the end of Q1 2019 stood at 515,801,889.93 RMB, compared to 456,860,228.89 RMB at the end of Q1 2018, representing an increase of 12.9%[35] Assets and Liabilities - Total assets increased by 5.33% to CNY 17,371,394,388.38 compared to the end of the previous year[6] - Total liabilities reached ¥10,990,230,152.07, up from ¥10,158,103,446.02, indicating an increase of about 8.18%[20] - Current liabilities rose to ¥6,686,773,359.93 from ¥6,679,926,138.53, reflecting a slight increase of 0.10%[20] - Long-term borrowings increased significantly to ¥2,581,322,000.00, up from ¥1,998,142,000.00, marking a growth of approximately 29.19%[20] - Total liabilities as of Q1 2019 amounted to CNY 10,709,605,007.37, an increase of 11.5% from CNY 9,599,711,246.59 in the previous year[28] - Non-current liabilities increased to CNY 4,079,277,315.20 from CNY 3,192,115,841.14, representing a growth of 27.8%[28] Shareholder Information - The number of shareholders reached 115,123 at the end of the reporting period[10] - The largest shareholder, Dalian Port Investment and Financing Holding Group Co., Ltd., holds 19.08% of the shares[10] - Shareholders' equity totaled ¥6,381,164,236.31, compared to ¥6,334,043,208.81, reflecting a growth of approximately 0.74%[20] - The total equity attributable to shareholders reached CNY 6,226,518,984.68, reflecting a slight decrease of CNY 2,938,168.50 compared to the previous period[39] Investment and Financing Activities - The company plans to repurchase shares with a total amount between ¥30 million and ¥60 million, with a maximum price of ¥4.89 per share[14] - The company intends to issue up to ¥24 billion in medium-term notes and short-term financing bonds, subject to approval[14] - Investment income decreased by 91.97% to ¥3,038,324.88 from ¥37,842,607.35, due to reduced financial returns and net profits from joint ventures[13] - The company recorded investment income of CNY 4,353,221.16 in Q1 2019, a significant decrease from CNY 106,391,949.18 in Q1 2018[30] Other Financial Metrics - The weighted average return on equity decreased by 0.01 percentage points to 0.72%[6] - Non-recurring gains and losses totaled CNY 14,414,308.31 for the period[8] - The company has not disclosed any new product or technology developments in this report[11] - The company reported a significant increase in inventory, which stood at ¥119,936,315.70, compared to ¥124,458,986.95, indicating a decrease of about 3.99%[22] - The company has ongoing construction projects with capitalized costs of ¥688,329,570.19, up from ¥617,923,384.74, representing an increase of approximately 11.41%[20]