金财互联(002530) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 283,511,350.40, representing a 40.59% increase compared to CNY 201,663,799.96 in the same period last year[9]. - Net profit attributable to shareholders was CNY 33,120,999.54, up 48.73% from CNY 23,600,240.49 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was CNY 26,455,577.94, reflecting a 16.80% increase from CNY 22,649,796.16 in the previous year[9]. - The basic earnings per share increased to CNY 0.04, a 33.33% rise from CNY 0.03 in the same quarter last year[9]. - Total operating revenue for Q1 2019 was CNY 283,511,350.40, an increase from CNY 201,663,799.96 in the same period last year, representing a growth of approximately 40.5%[50]. - Total operating costs for Q1 2019 amounted to CNY 252,477,702.71, up from CNY 177,499,285.02 in Q1 2018, indicating a rise of about 42.2%[50]. - Operating profit for Q1 2019 was CNY 40,962,815.30, compared to CNY 35,562,859.35 in Q1 2018, reflecting an increase of approximately 12.5%[50]. - The total profit for the period was 41,622,677.34, an increase from 29,942,057.38 in the previous period, representing a growth of approximately 39.1%[53]. - The net profit attributable to the parent company was 33,120,999.54, up from 22,269,751.00, indicating a year-over-year increase of about 48.7%[53]. - The basic and diluted earnings per share both increased to 0.04 from 0.03, reflecting a growth of 33.3%[53]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,154,537,092.93, a decrease of 0.64% from CNY 5,187,982,725.39 at the end of the previous year[9]. - The company's current assets totaled ¥2,167,067,930.13, down from ¥2,228,529,256.26 at the end of 2018, reflecting a decrease of approximately 2.9%[34]. - Total liabilities decreased to ¥789,206,640.83 from ¥853,628,445.70, a reduction of about 7.5%[40]. - The company's equity attributable to shareholders rose to ¥4,214,382,489.77 from ¥4,181,261,490.23, an increase of approximately 0.8%[40]. - The total assets as of March 31, 2019, were CNY 3,829,362,354.06, slightly down from CNY 3,831,783,617.90 at the end of 2018[46]. - Total liabilities as of March 31, 2019, were CNY 181,066,815.62, compared to CNY 180,021,828.73 at the end of 2018, showing a marginal increase[46]. - The total equity as of March 31, 2019, was CNY 3,648,295,538.44, down from CNY 3,651,761,789.17 at the end of 2018[49]. - Total liabilities amounted to ¥853,628,445.70, with current liabilities at ¥733,870,430.14 and non-current liabilities at ¥119,758,015.56[74]. Cash Flow - The company reported a net cash flow from operating activities of CNY -164,967,188.02, which is a decline of 54.63% compared to CNY -106,681,950.59 in the previous year[9]. - The net cash flow from operating activities was -$164.97 million, compared to -$106.68 million in the previous period, indicating a decline in operational cash generation[64]. - Cash inflows from operating activities totaled 200,955,676.96, slightly up from 200,499,317.26 in the previous period[61]. - Cash outflows from operating activities increased to 365,922,864.98 from 307,181,267.85, representing a rise of approximately 19.1%[61]. - The net cash flow from investment activities was $15.30 million, an increase from $2.23 million in the previous period, showing improved investment performance[64]. - The total cash and cash equivalents at the end of the period were $690.60 million, compared to $676.91 million at the end of the previous period, showing a slight increase[64]. - The company reported a cash increase of $48.17 million during the period, contrasting with a cash decrease of $67.33 million in the previous period, indicating a recovery in cash position[67]. Shareholder Information - The top shareholder, Jiangsu Dongrun Jincai Investment Management Co., Ltd., holds 19.75% of the shares, with a total of 155,040,000 shares[13]. - The total number of ordinary shareholders at the end of the reporting period was 20,251[13]. Operational Insights - The company received government subsidies totaling CNY 3,981,763.66 during the reporting period, primarily related to its internet finance and tax sectors[12]. - The company reported a 95.17% increase in other receivables, amounting to ¥76,289,091.17, attributed to expanded business operations and increased operational advances[19]. - The development expenditure increased by 109.45% to ¥62,318,606.85, reflecting higher R&D investments and capitalization[19]. - The company’s management expenses increased by 38.77% to ¥43,069,416.79, primarily due to an increase in management personnel and related costs[19]. - The company has clarified its relationship with the Tianjin-based Qianjian Group, stating no operational overlap or competition exists between the two entities[24]. Compliance and Standards - The company has not undergone an audit for the first quarter report[79]. - The company implemented new financial instrument standards and lease standards effective January 1, 2019, affecting the classification and measurement of financial instruments[78].