CBG(SZ:000009)2019-04-29 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥2,239,608,579.29, representing a 10.83% increase compared to ¥2,020,831,898.66 in the same period last year[3] - Net profit attributable to shareholders was ¥66,088,064.54, an increase of 87.57% from ¥35,233,598.66 year-on-year[3] - Basic earnings per share rose to ¥0.03, a 50.00% increase from ¥0.02 in the same period last year[3] - The company's net profit attributable to shareholders reached ¥66,088,064.54, an increase of 87.57% compared to the previous year, primarily due to the rise in fair value of securities investments[11] - The company reported a total comprehensive income of CNY 79,222,775.85 for Q1 2019, compared to CNY 55,015,076.89 in the same quarter last year[31] - The total comprehensive income amounted to ¥325,202,794.39, a decrease of ¥93,573,399.52 compared to the previous period[33] Cash Flow - The net cash flow from operating activities reached ¥345,993,924.83, showing a significant increase of 243.38% compared to ¥100,762,489.79 in the previous year[3] - The net cash flow from operating activities was ¥345,993,924.83, reflecting a significant increase of 243.38% year-on-year, attributed to improved collection from subsidiaries and real estate project sales[11] - Operating cash inflow reached ¥2,860,068,548.96, an increase from ¥2,371,170,615.60 in the previous period[35] - Cash flow from investment activities showed a net outflow of ¥413,445,628.07, worsening from a net outflow of ¥316,136,503.03 in the previous period[36] - Cash flow from financing activities resulted in a net inflow of ¥99,446,601.81, compared to a net outflow of ¥201,640,227.99 in the previous period[36] - The company received tax refunds amounting to ¥8,709,387.36, an increase from ¥4,155,773.46 in the previous period[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥30,012,095,163.18, reflecting a 0.54% increase from ¥29,849,801,106.40 at the end of the previous year[3] - The total assets of the company stood at CNY 30,012,095,163.18, up from CNY 29,849,801,106.40, marking an increase of about 0.54%[23] - Total liabilities increased to ¥19,708,615,910.24, up from ¥19,399,254,079.98, representing a growth of approximately 1.6% year-over-year[24] - Non-current liabilities rose to ¥7,618,770,256.99 from ¥6,542,132,453.82, marking an increase of about 16.4%[24] - Current liabilities decreased to ¥12,089,845,653.25, down from ¥12,857,121,626.16, reflecting a decline of approximately 6%[24] - The total current liabilities were CNY 5,358,798,239.34[46] Investments and Expenses - The company reported an investment loss of ¥62,071,409.93, a significant increase of 687.33% compared to the previous year, mainly due to losses from the disposal of securities investments[11] - Research and development expenses increased to CNY 88,614,263.05, compared to CNY 72,980,000.55 in Q1 2018, reflecting a focus on innovation[29] - Sales expenses increased by 42.72% to ¥256,440,521.98, primarily due to higher sales costs from real estate subsidiaries[11] - Other income rose by 77.00% to ¥24,285,002.85, primarily due to an increase in government subsidies[11] Shareholder Information - The top shareholder, Shenzhen Fu'an Holdings Co., Ltd., holds 11.91% of the shares, amounting to 256,013,898 shares[6] - The total number of ordinary shareholders at the end of the reporting period was 172,233[6] Government Support - The company received government subsidies amounting to ¥26,510,180.82 during the reporting period[4] - Other income increased to CNY 24,285,002.85 from CNY 13,720,109.94 in the same period last year, indicating improved operational efficiency[29] Future Plans - The company plans to invest in a graphite mining project and a lithium-ion battery anode material project, with a production capacity of 40,000 tons per year[13] - The company issued mid-term notes totaling ¥1 billion at an interest rate of 7.0%[13]