C&S(SZ:002511)2019-04-18 16:00Financial Performance - The company's revenue for Q1 2019 was CNY 1,540,517,206.36, representing a 25.78% increase compared to CNY 1,224,790,878.97 in the same period last year[9] - Net profit attributable to shareholders was CNY 123,378,242.24, up 25.18% from CNY 98,560,444.43 year-on-year[9] - Basic earnings per share increased to CNY 0.0973, reflecting a growth of 23.95% from CNY 0.0785 in the same quarter last year[9] - The company reported a net profit excluding non-recurring gains and losses of CNY 121,740,362.25, which is a 33.13% increase from CNY 91,445,247.70 year-on-year[9] - Net profit for the quarter was CNY 123,378,242.24, representing a 25.2% increase from CNY 98,560,444.43 in the same period last year[81] - The company reported a net operating profit of CNY 154,915,277.01, up from CNY 124,502,005.88, which is an increase of 24.4%[80] Cash Flow - The net cash flow from operating activities reached CNY 507,080,484.97, a significant increase of 341.93% compared to a negative cash flow of CNY -209,594,411.10 in the previous year[9] - Net cash flow from operating activities increased by RMB 716,674,896.07, a growth of 341.93%, mainly due to increased cash receipts and reduced material payments[31] - The company reported a net cash flow from operating activities of ¥507,080,484.97, a turnaround from a negative cash flow of -¥209,594,411.10 in the previous period[101] - The net cash flow from financing activities was 33,915,831.65 CNY, compared to a negative 880,179,671.07 CNY in the previous period[114] - The cash flow from operating activities decreased by approximately 39.7% compared to the previous period[112] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,410,673,730.97, a 5.15% increase from CNY 5,145,910,974.02 at the end of the previous year[9] - Total liabilities increased to CNY 1,969,797,820.20 from CNY 1,834,668,250.49, an increase of approximately 7.4%[60] - The company's total current liabilities amounted to CNY 1,851,659,868.99, an increase from CNY 1,701,512,413.21, reflecting a growth of approximately 8.8%[56] - Total cash inflow from operating activities was 507,359,706.73 CNY, down from 569,628,696.60 CNY year-over-year[108] Shareholder Information - The total number of shareholders at the end of the reporting period was 18,690, indicating a stable shareholder base[15] - The largest shareholder, Guangdong Zhongshun Paper Group Co., Ltd., held 28.76% of the shares, totaling 375,655,958 shares[15] Government Support - The company received government subsidies amounting to CNY 1,862,288.45, primarily from supportive funding initiatives[11] Operational Costs - Operating costs increased by RMB 267,536,629.94, a growth of 35.72%, mainly due to increased revenue and material costs[30] - Total operating costs amounted to CNY 1,387,139,720.36, up from CNY 1,109,282,435.31, reflecting a year-over-year increase of 25.1%[75] Investment Activities - Net cash flow from investing activities decreased by RMB 444,429,383.52, a decline of 145.84%, mainly due to reduced principal receipts from financial investments[33] - The total cash outflow from investing activities was ¥139,776,425.61, compared to ¥348,743,692.75 in the previous period, showing a decrease of 60.0%[104] Other Financial Metrics - The weighted average return on net assets was 3.65%, up from 3.19% in the previous year, indicating improved profitability[9] - The company achieved a gross profit margin of approximately 15.4% for the current period, compared to 15.4% in the previous period, indicating stable profitability[88]