NCIC(SZ:002246)2019-04-22 16:00Financial Performance - The company's operating revenue for Q1 2019 was CNY 416,430,846.97, representing a 29.69% increase compared to CNY 321,094,127.88 in the same period last year[8] - Net profit attributable to shareholders reached CNY 5,973,364.21, a significant increase of 303.81% from a loss of CNY 2,930,903.47 in the previous year[8] - The net cash flow from operating activities improved to CNY 89,607,398.69, marking a 228.21% increase from a negative cash flow of CNY 69,890,386.75 in the same period last year[8] - Basic earnings per share rose to CNY 0.0109, up 305.66% from a loss of CNY 0.0053 per share in the previous year[8] - The company reported a total equity of ¥2.64 billion, unchanged from the previous reporting period[38] - The net profit for Q1 2019 reached CNY 4,852,656.45, a significant recovery from a net loss of CNY 4,975,781.42 in Q1 2018[47] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,652,961,527.98, a slight increase of 0.91% from CNY 3,620,089,086.76 at the end of the previous year[8] - The company's total assets as of March 31, 2019, amounted to CNY 2,377,038,627.00, compared to CNY 2,362,252,116.95 at the end of 2018[44] - The company's total liabilities were ¥1.02 billion as of March 31, 2019, up from ¥988.92 million at the end of 2018[38] - The company's total liabilities were CNY 235,925,181.66, up from CNY 201,573,973.71 at the end of 2018[43] - Total liabilities amounted to CNY 201,573,973.71, with current liabilities at CNY 187,681,172.61[65] Cash Flow - The cash flow from operating activities generated a net amount of ¥89,607,398.69, a significant improvement from -¥69,890,386.75 in the previous period[54] - Operating cash inflow totaled ¥137,194,268.37, an increase of 11.5% from ¥123,144,334.33 in the previous period[57] - Net cash flow from operating activities was -¥8,277,798.48, improving from -¥33,844,530.10 in the previous period[57] - Cash outflow from investment activities was ¥83,459,064.92, significantly reduced from ¥500,441,648.31 in the previous period[58] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,987, with the top ten shareholders holding a combined 64.76% of the shares[11] - The equity attributable to shareholders of the parent company was CNY 2,141,113,445.34, down from CNY 2,160,678,143.24 at the end of 2018[44] Expenses - The company reported a 34.18% increase in sales expenses, totaling an increase of CNY 6,940,000, primarily due to higher transportation costs and employee salaries[17] - Research and development expenses for Q1 2019 were CNY 11,546,400.66, slightly down from CNY 12,565,293.59 in Q1 2018[45] - The company incurred financial expenses of ¥1,224,972.31, up from ¥763,704.90 in the previous period, indicating increased borrowing costs[50] Government Support - Government subsidies recognized during the period amounted to CNY 4,500,606.70, contributing to an increase in other income[9] Accounting Policies - The company has made adjustments to its accounting policies in accordance with new financial regulations issued by the Ministry of Finance[25]