ATC(SZ:002227)2019-04-26 16:00Financial Performance - Operating revenue for Q1 2019 was CNY 48,254,957.24, representing a 19.78% increase compared to CNY 40,284,754.42 in the same period last year[7] - Net profit attributable to shareholders was a loss of CNY 2,008,519.62, an improvement of 79.73% from a loss of CNY 9,851,412.30 in the previous year[7] - Net profit for Q1 2019 was a loss of CNY 1,976,205.26, improving from a loss of CNY 10,117,776.96 in Q1 2018[36] - The company reported a gross profit margin of approximately 38.8% for Q1 2019, compared to 34.5% in Q1 2018[35] - The total comprehensive income for the quarter was -6,784,340.84 CNY, an improvement from -14,325,120.44 CNY in the same period last year, showing a reduction in overall losses by approximately 52.7%[41] Cash Flow - Net cash flow from operating activities was CNY 15,949,671.22, a significant increase of 177.07% compared to a negative cash flow of CNY 20,695,939.29 in the same period last year[7] - Cash flow from operating activities increased to ¥15,949,671.22, a change of 177.07% compared to the beginning of the period, primarily due to increased sales collections and reduced tax payments[17] - Cash flow from investing activities decreased to -¥64,688,030.56, a change of -194.26%, mainly due to increased investments in the construction of the Aotuxin Industrial Park and electric vehicle charging stations[17] - Cash flow from financing activities increased significantly to ¥44,367,658.76, a change of 14,448.51%, primarily due to an increase in long-term loans[17] - The net cash flow from financing activities was 44,367,658.76 CNY, compared to a negative cash flow of -391,500.00 CNY in the previous period[49] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,175,295,649.94, reflecting a 4.36% increase from CNY 1,126,204,515.16 at the end of the previous year[7] - Total current assets decreased to ¥560,253,021.55 from ¥581,554,629.03, reflecting a decline in cash and accounts receivable[26] - Total liabilities increased to ¥363,413,894.33 from ¥312,352,296.97, indicating a rise in financial obligations[27] - Long-term borrowings rose to ¥112,884,147.77 from ¥68,280,973.07, reflecting increased leverage[27] - The total equity attributable to shareholders decreased slightly to ¥810,351,756.68 from ¥812,354,533.62, reflecting changes in retained earnings[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,956, with the largest shareholder holding 57.57% of the shares[10] - The company did not engage in any repurchase transactions during the reporting period[12] Investments and Expenses - The construction in progress increased by 34.33% to CNY 232,073,999.02, attributed to investments in the construction of the company's industrial park and electric vehicle charging stations[15] - Financial expenses rose by 354.07% to CNY 687,589.54, primarily due to increased interest expenses on credit loans[16] - Research and development expenses for Q1 2019 were CNY 7,461,934.67, a decrease of 15.2% from CNY 8,797,423.64 in the previous year[35] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to enhance revenue growth[36]