爱施德(002416) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 11,384,108,886.69, a decrease of 24.31% compared to CNY 15,040,461,597.94 in the same period last year[8]. - Net profit attributable to shareholders was CNY 94,169,772.73, representing a slight increase of 1.92% from CNY 92,392,975.09 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was CNY 69,101,381.70, up by 8.21% from CNY 63,860,640.85 in the previous year[8]. - Basic earnings per share were CNY 0.076, reflecting a 2.70% increase from CNY 0.074 in the previous year[8]. - The company reported a total comprehensive income attributable to the parent company was CNY 74,310,272.18, down from CNY 83,866,689.72, representing a decrease of approximately 11.4%[48]. - The net profit for the current period was CNY 19,936,877.56, down from CNY 28,078,011.98 in the previous period, reflecting a decline of about 29.5%[51]. Cash Flow - The net cash flow from operating activities reached CNY 1,233,219,546.50, a significant increase of 159.87% compared to CNY 474,555,901.34 in the same period last year[8]. - The company's operating cash flow for the current period was CNY 1,233,219,546.50, significantly higher than CNY 474,555,901.34 in the previous period, marking an increase of about 159.5%[54]. - Cash inflow from operating activities totaled CNY 14,324,245,734.00, down from CNY 17,560,681,648.88, indicating a decrease of about 18.5%[54]. - The cash flow from sales of goods and services was CNY 9,797,895,824.67, down from CNY 11,445,877,930.12 in the previous year, indicating a decrease of approximately 14.4%[58]. - The net cash flow from operating activities for the first quarter was CNY 1,556,666,468.76, a significant increase from CNY 257,809,002.19 in the previous year, representing a growth of approximately 504%[58]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,516,849,055.04, an increase of 12.39% from CNY 10,247,229,234.89 at the end of the previous year[8]. - Total liabilities rose to CNY 6,324,980,318.09, compared to CNY 5,138,148,288.13, which is an increase of approximately 23.1%[34]. - Total current assets increased to ¥10,275,434,220.48 as of March 31, 2019, up from ¥8,883,122,236.78 at the end of 2018, representing a growth of approximately 15.7%[32]. - The company's total assets reached ¥11,516,849,055.04, up from ¥10,247,229,234.89, representing a growth of about 12.4%[36]. - Total liabilities reached CNY 5,138,148,288.13, with current liabilities at CNY 4,534,907,120.13[62]. Shareholder Information - The top ten shareholders held a combined 52.50% of the shares, with Shenzhen Shenzhoutong Investment Group Co., Ltd. being the largest shareholder[12]. - Net assets attributable to shareholders amounted to CNY 4,996,119,081.25, up by 1.51% from CNY 4,921,808,809.07 at the end of the previous year[8]. - The equity attributable to shareholders increased to ¥4,996,119,081.25 from ¥4,921,808,809.07, reflecting a rise of approximately 1.5%[36]. Expenses and Investments - Research and development expenses rose by 34.91% to RMB 2,666,056.24, indicating increased investment in innovation[19]. - The company reported a significant increase in financial expenses by 44.89% to RMB 53,534,845.75, mainly due to higher bill discounting costs[19]. - Investment income doubled to RMB 15,615,648.63, primarily due to increased returns from structured deposits[19]. - The company reported a significant increase in investment income, with CNY 50,599,508.63 in the current period compared to CNY 74,034,427.85 in the previous period, reflecting a decrease of approximately 31.8%[49]. Government Support - The company received government subsidies totaling CNY 15,460,610.04 during the reporting period[9]. Financial Reporting - The company has not undergone an audit for the Q1 report, as indicated in the documentation[68]. - The financial statements were prepared in accordance with the new financial instrument standards issued by the Ministry of Finance[67]. - The company made adjustments to the financial statements based on the cumulative impact of the new financial instrument standards[67].