Net263(SZ:002467)2019-04-23 16:00Financial Performance - The company's operating revenue for Q1 2019 was ¥262,463,173.80, representing a 30.95% increase compared to ¥200,430,080.11 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2019 was ¥36,924,947.38, a significant increase of 165.85% from ¥13,889,636.77 in the previous year[8]. - The net profit after deducting non-recurring gains and losses reached ¥34,687,985.10, marking a 208.00% increase from ¥11,262,293.72 year-on-year[8]. - Basic earnings per share for Q1 2019 were ¥0.05, up 150.00% from ¥0.02 in the previous year[8]. - Operating profit for Q1 2019 was CNY 31,854,487.45, compared to CNY 14,450,464.64 in Q1 2018, indicating a significant increase of about 120%[56]. - Net profit for Q1 2019 reached CNY 36,987,553.09, up from CNY 10,695,378.01 in Q1 2018, reflecting an increase of approximately 245%[56]. Cash Flow - The net cash flow from operating activities was ¥41,078,463.72, showing a remarkable increase of 574.80% compared to ¥6,087,500.53 in the same quarter last year[8]. - The net cash flow from operating activities surged by 574.80% to CNY 41,078,463.72, attributed to increased business volume and the recovery of accounts receivable from China Unicom[25]. - Cash inflow from operating activities totaled ¥266,315,046.34, up from ¥195,669,665.99, indicating a rise of about 36.0%[63]. - Cash outflow from operating activities was ¥225,236,582.62, compared to ¥189,582,165.46, reflecting an increase of approximately 18.8%[63]. - The net cash flow from investing activities improved to ¥41,912,908.41 from a negative ¥6,296,358.38, marking a turnaround of over 769.0%[63]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,613,232,963.10, reflecting a 2.90% increase from ¥2,539,538,499.89 at the end of the previous year[8]. - Total liabilities decreased to ¥547,134,251.04 from ¥558,737,291.19, marking a reduction of approximately 2.3%[42]. - The total assets as of March 31, 2019, amounted to CNY 2,222,730,705.46, an increase from CNY 2,155,672,476.18 at the end of 2018, representing a growth of about 3%[52]. - Total liabilities as of March 31, 2019, were CNY 347,629,915.12, compared to CNY 316,898,468.93 as of December 31, 2018, showing an increase of about 10%[52]. Shareholder Equity - Net assets attributable to shareholders increased by 4.48% to ¥1,987,937,691.77 from ¥1,902,702,794.12 at the end of the previous year[8]. - The total equity attributable to the parent company increased to ¥1,987,937,691.77 from ¥1,902,702,794.12, representing a growth of about 4.5%[45]. - The company reported a significant increase in undistributed profits, which rose to ¥272,374,750.46 from ¥151,440,953.64, indicating a growth of approximately 79.8%[45]. Costs and Expenses - The operating costs increased by 57.18% to CNY 120,805,130.30, primarily due to a rise in one-time service costs from Shanghai Naiseng IDC and costs from newly included revenues from subsidiaries[25]. - Research and development expenses for Q1 2019 were CNY 29,431,963.75, a decrease from CNY 33,166,832.51 in Q1 2018, indicating a reduction of about 11%[53]. - The financial expenses showed a significant decrease of 1960.72%, resulting in a financial income of CNY -2,095,966.93 due to reduced exchange losses[25]. Other Financial Metrics - The company confirmed a deferred tax asset of CNY 973.36 million based on future profit expectations, impacting the income tax expense significantly[25]. - The company reported a credit impairment loss of CNY 914,425.68 in Q1 2019, while there was no such loss in Q1 2018[56]. - Other comprehensive income after tax for Q1 2019 was CNY -5,027,529.17, compared to CNY -12,819,720.09 in Q1 2018, indicating an improvement[56].