YONGTAI TECH.(SZ:002326)2019-04-28 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥737,707,368.38, representing a 19.98% increase compared to ¥614,848,462.37 in the same period last year[9]. - Net profit attributable to shareholders was ¥112,030,352.36, up 30.65% from ¥85,750,663.28 year-on-year[9]. - Basic and diluted earnings per share were both ¥0.1366, reflecting a 31.35% increase from ¥0.104 in the same period last year[9]. - Operating income increased by 104.71% compared to the previous period, also due to increased government subsidies[24]. - The total comprehensive income for the current period was ¥108,045,086.59, compared to ¥82,940,143.25 in the previous period, reflecting a 30.5% increase[61]. - The total profit for the current period is approximately ¥133.66 million, compared to ¥96.23 million in the previous period, representing an increase of 38.9%[65]. - The net profit for the current period is approximately ¥113.61 million, up from ¥82.61 million in the previous period, reflecting a growth of 37.5%[65]. Cash Flow - The net cash flow from operating activities surged to ¥31,294,478.62, a significant increase of 93,752.61% compared to ¥33,344.28 in the previous year[9]. - Cash inflows from operating activities reached approximately ¥771.65 million, compared to ¥464.44 million in the previous period, indicating a significant increase of 66.0%[67]. - The net cash flow from operating activities is approximately ¥31.29 million, a slight decrease from ¥33.34 million in the previous period[73]. - Cash inflows from financing activities amounted to approximately ¥1.16 billion, compared to ¥1.09 billion in the previous period, an increase of 6.6%[73]. - The net cash flow from financing activities is approximately -¥22.23 million, a decline from a positive net flow of ¥49.85 million in the previous period[73]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,856,397,401.11, a 3.13% increase from ¥6,648,302,170.82 at the end of the previous year[9]. - The total liabilities increased to CNY 3,574,554,622.83 from CNY 3,485,909,979.15, reflecting a growth of approximately 2.5%[41]. - The total owner's equity rose to CNY 3,281,842,778.28 from CNY 3,162,392,191.67, indicating an increase of about 3.8%[44]. - The company's cash and cash equivalents increased to CNY 394,097,448.52 from CNY 343,333,660.39, representing a growth of approximately 14.8%[45]. - The total current liabilities amounted to CNY 3,113,922,502.31, up from CNY 3,087,614,440.35, showing a slight increase of about 0.8%[41]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,935[14]. - The largest shareholder, Wang Yingmei, holds 19.65% of the shares, with a total of 161,150,400 shares[14]. Expenses - Research and development expenses rose by 52.54% compared to the previous period, reflecting increased investment in R&D[24]. - Sales expenses increased by 38.83% compared to the previous period, primarily due to higher freight costs associated with sales growth[24]. - The company reported a 46.87% decrease in financial expenses compared to the previous period, attributed to reduced exchange losses from currency fluctuations[24]. Other Income - The company reported a non-operating income of ¥78,294,289.16 from fair value changes of financial assets, excluding normal business operations[9]. - The company received government subsidies amounting to ¥7,565,370.15 during the reporting period[9]. - Other income grew by 122.61% compared to the previous period, due to an increase in government subsidies received[24]. - The company received approximately ¥37.24 million in investment income during the current period, compared to ¥3.02 million in the previous period, marking a substantial increase of 1,134.4%[73].