HBFX(SZ:000926)2019-04-26 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥3,503,062,616.71, representing a 29.56% increase compared to ¥2,703,748,070.13 in the same period last year[7]. - Net profit attributable to shareholders decreased by 5.80% to ¥217,718,531.97 from ¥231,120,205.19 year-on-year[7]. - The net profit after deducting non-recurring gains and losses surged by 109.11% to ¥224,775,738.64, up from ¥107,490,322.33 in the previous year[7]. - The basic earnings per share for the period was ¥0.23, down 4.17% from ¥0.24 in the same period last year[7]. - The gross profit margin for the current period is approximately 35.5%, compared to 32.5% in the previous period, indicating an improvement in profitability[37]. - Net profit for the current period was ¥224,213,643.15, down from ¥266,705,926.32 in the previous period, reflecting a decrease of approximately 16%[39]. - The company reported a total comprehensive income of ¥224,970,750.95, compared to ¥383,526,768.30 in the previous period, a decline of about 41.5%[40]. Cash Flow - The net cash flow from operating activities improved significantly to ¥414,241,439.03, a 133.09% increase from a negative cash flow of ¥1,251,967,859.97 in the same period last year[7]. - Total cash inflow from operating activities amounted to ¥3,311,324,157.07, while cash outflow was ¥2,897,082,718.04, resulting in a net cash flow of ¥414,241,439.03[47]. - Cash received from operating activities decreased by 84.43% to ¥316,075,172.49, mainly due to a reduction in auction deposits received[15]. - Total cash outflow for operating activities was ¥2,897,082,718.04, compared to ¥6,188,358,497.46 in the same period last year, indicating improved cash management[47]. - The ending balance of cash and cash equivalents was ¥2,215,743,599.81, down from ¥3,530,590,401.51 at the end of the previous year[48]. - The company reported a cash inflow of ¥9,087,600.00 from investment activities, primarily from the disposal of fixed assets[48]. Assets and Liabilities - Total assets at the end of the reporting period were ¥47,418,534,031.19, a slight decrease of 0.13% from ¥47,479,062,242.65 at the end of the previous year[7]. - Current liabilities totaled CNY 16.53 billion, down from CNY 19.01 billion, indicating a reduction of approximately 13.06%[30]. - Non-current liabilities increased to CNY 18.59 billion from CNY 16.39 billion, reflecting a growth of about 13.06%[30]. - The total liabilities reached CNY 35.12 billion, a decrease from CNY 35.40 billion, showing a decline of approximately 0.79%[30]. - Owner's equity rose to CNY 12.30 billion from CNY 12.08 billion, marking an increase of about 1.82%[31]. - The total owner's equity attributable to the parent company increased to CNY 11.15 billion from CNY 10.93 billion, an increase of about 2.02%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,243[11]. - The largest shareholder, Fuxing Group Holdings Co., Ltd., held 24.31% of the shares, amounting to 233,928,648 shares, with 126,999,699 shares pledged[11]. Financing Activities - The company plans to issue bonds not exceeding $500 million in overseas markets to expand financing channels and reduce costs[16]. - The company issued medium-term notes totaling ¥5 billion with a term of 2+1 years at an interest rate of 8.50%[17]. - Cash from borrowings increased by 91.79% to ¥2,880,400,000.00, reflecting an increase in loans from financial institutions[15]. - The company received ¥500,000,000.00 from bond issuance during the financing activities[52]. - Cash inflow from financing activities totaled ¥3,380,400,000.00, while cash outflow was ¥4,036,328,222.22, leading to a net cash flow of -¥655,928,222.22[48]. Operational Costs - Operating costs increased by 61.37% to ¥2,563,886,944.77, also attributed to the increase in settlement area[15]. - Total operating costs increased to ¥3,166,472,179.05 from ¥2,467,122,323.40, marking a rise of about 28.3%[37]. - Financial expenses increased by 56.38% to ¥124,069,333.18 due to higher interest expenses recognized[15]. - The company incurred financial expenses of ¥124,069,333.18, up from ¥79,335,899.82 in the previous period, an increase of about 56.3%[37]. Other Financial Information - The company experienced a foreign exchange loss of ¥6,546,937.02, contrasting with a gain of ¥136,055,569.22 in the previous period[39]. - Other income for the current period amounted to ¥307,000.00, with no comparable figure in the previous period[37]. - The company has not undergone an audit for the first quarter report[59]. - The report indicates no adjustments made to prior period comparative data under new financial and leasing standards[59].