GZBL(SZ:002424)2019-04-24 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥704,419,288.42, representing a 3.60% increase compared to ¥679,953,981.86 in the same period last year[8] - The net profit attributable to shareholders for Q1 2019 was ¥156,849,139.70, up 5.32% from ¥148,920,219.55 in the previous year[8] - The basic earnings per share remained stable at ¥0.11, unchanged from the same period last year[8] - The weighted average return on net assets was 4.48%, an increase of 0.22% compared to 4.26% in the previous year[8] - Net profit for the current period was ¥159,499,287.88, compared to ¥151,831,086.64 in the previous period, reflecting a growth of approximately 5.5%[60] - The total comprehensive income for the current period was ¥159,499,287.88, compared to ¥151,831,086.64 in the previous period[70] Cash Flow - The net cash flow from operating activities was -¥94,216,042.16, showing a significant improvement of 74.32% compared to -¥366,900,387.44 in the same period last year[8] - Net cash flow from financing activities increased significantly to ¥451,126,818.10 from -¥2,791,551.65 due to increased bank borrowings[20] - Cash inflow from operating activities totaled 795,924,847.85, compared to 366,227,936.96 in the prior period, representing a 117.5% increase[80] - Cash inflow from sales of goods and services was 752,051,053.40, significantly higher than 353,019,428.61 in the prior period, representing a 113.1% increase[80] - The cash inflow from operating activities totaled ¥895,353,699.24, significantly higher than ¥482,633,130.29 in the previous period[74] Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,647,696,669.46, an increase of 11.23% from ¥5,976,300,488.70 at the end of the previous year[8] - Total liabilities increased to CNY 2,563,447,868.07 from CNY 2,051,550,975.18, which is an increase of about 25%[42] - Current liabilities totaled ¥2,281,317,808.03, an increase from ¥2,001,449,393.84, which is an increase of approximately 14.0%[52] - The company's equity attributable to shareholders increased to CNY 4,026,999,010.54 from CNY 3,870,149,870.84, indicating a growth of about 4%[45] - Total assets increased to ¥6,146,459,848.85 from ¥5,582,866,058.98, marking a rise of about 10.1%[55] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 71,403[12] - The largest shareholder, Jiang Wei, holds 53.46% of the shares, totaling 754,470,816 shares[12] Expenses - Total operating costs amounted to ¥523,955,071.13, up from ¥503,119,317.59, indicating an increase of about 4.0%[56] - Research and development expenses for the current period were ¥879,277.89, indicating ongoing investment in innovation[56] - The company reported a decrease in sales expenses to ¥169,948,441.75 from ¥136,690,659.35, which is a reduction of approximately 1.8%[56] - Financial expenses increased by 338.13% to ¥8,805,132.26 from ¥2,009,727.12 due to increased bank financing[20] Other Financial Metrics - The company reported a government subsidy of ¥1,323,491.23 during the reporting period[8] - Deferred income rose by 87.04% to ¥25,697,396.57 from ¥13,738,972.68 due to government subsidies received for construction[20] - The company reported a decrease in employee compensation payable to CNY 8,309,985.99 from CNY 15,005,713.60, a reduction of approximately 44.8%[42] - The company has maintained a stable long-term equity investment of ¥975,064,172.97, indicating consistent investment strategy[52] Accounting and Reporting - The first quarter report was not audited, indicating that the financial data may be subject to further review[95] - The company has not made any changes to its accounting policies regarding new revenue and lease standards[90]