徐家汇(002561) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥553,870,565.77, a decrease of 3.97% compared to ¥576,777,140.77 in the same period last year[7]. - Net profit attributable to shareholders was ¥67,712,345.04, down 4.30% from ¥70,751,436.27 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was ¥60,755,804.86, reflecting a decline of 4.57% compared to ¥63,667,404.13 in the previous year[7]. - Total operating revenue for Q1 2019 was CNY 553,870,565.77, a decrease of 3.9% compared to CNY 576,777,140.77 in Q1 2018[43]. - Total operating costs for Q1 2019 were CNY 467,494,666.64, down 4.0% from CNY 487,244,771.87 in the previous year[43]. - Net profit for Q1 2019 was CNY 71,823,933.28, a decline of 3.7% from CNY 74,198,804.90 in Q1 2018[45]. - Net profit for Q1 2019 was CNY 140,169,747.13, compared to CNY 145,943,361.27 in the same period last year, representing a decrease of 4.3%[49]. - Total comprehensive income for the period was CNY 140,303,412.76, compared to CNY 146,018,291.37 in the previous year[50]. Cash Flow - The net cash flow from operating activities decreased by 13.26% to ¥39,704,920.14 from ¥45,772,542.54 in the same period last year[7]. - Cash flow from operating activities was CNY 39,704,920.14, a decrease of 13.5% from CNY 45,772,542.54 in the previous year[53]. - Total cash inflow from operating activities decreased to ¥127,746,751.91 from ¥144,382,831.03, a decline of 11.5%[56]. - Cash outflow from operating activities also decreased to ¥116,062,136.60 from ¥136,319,316.85, a reduction of 14.9%[56]. - Cash flow from investment activities net amount is ¥15,771,261.71, down 60.5% from ¥39,881,049.16 in the previous period[57]. - The net increase in cash and cash equivalents for the current period is ¥27,455,877.02, down 42.7% from ¥47,944,563.34 in the previous period[57]. - The ending balance of cash and cash equivalents is ¥474,412,703.66, up from ¥433,721,632.53, an increase of 9.4%[57]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,744,964,011.56, an increase of 1.02% from ¥2,717,317,449.75 at the end of the previous year[7]. - Total assets as of March 31, 2019, amounted to CNY 2,455,632,049.07, an increase from CNY 2,318,014,359.73 at the end of 2018[42]. - Total liabilities as of March 31, 2019, were CNY 67,069,381.27, a decrease from CNY 69,755,104.69 at the end of 2018[41]. - The company's total equity reached CNY 2,388,562,667.80 as of March 31, 2019, compared to CNY 2,248,259,255.04 at the end of 2018[42]. - Total assets increased from CNY 2,717,317,449.75 to CNY 2,744,964,011.56[35]. - Total liabilities remain at ¥452,666,173.02 as of both December 31, 2018, and January 1, 2019[60]. Receivables and Payables - The company reported a 37.72% decrease in accounts receivable, primarily due to a reduction in credit card and rental income[16]. - Other receivables increased by 51.32%, mainly due to an increase in interest receivable from financial products[16]. - Accounts receivable decreased by 37.72% from CNY 35,040,097.98 to CNY 21,821,639.86[22]. - Other receivables increased by 51.32% from CNY 10,792,655.00 to CNY 16,331,065.28[22]. - Employee compensation payable increased by 131.34% from CNY 4,560,288.08 to CNY 10,549,722.19[22]. - Other current liabilities increased by 186.54% from CNY 170,124.59 to CNY 487,475.43[22]. Investments - Investment income from joint ventures and associates increased by 144.29% year-on-year, primarily due to higher profits recognized from joint ventures[22]. - Cash received from investment income increased by 60.75% from CNY 2,148,164.04 to CNY 3,453,236.59, mainly due to higher returns from financial products[25]. - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets decreased by 30.29% from CNY 2,498,338.30 to CNY 1,741,572.76[25]. - Net cash flow from investing activities increased by CNY 2,061,838.09, a growth of 588.80% compared to the previous period[25]. - Investment income for the period was CNY 127,671,467.98, slightly down from CNY 132,595,787.48 year-over-year[49]. Other Financial Metrics - The weighted average return on equity decreased to 2.99% from 3.20% year-on-year[7]. - Basic and diluted earnings per share were both CNY 0.16, down from CNY 0.17 in the previous year[49]. - The company reported a decrease in sales expenses to CNY 5,304,779.65 from CNY 5,895,200.30, a reduction of 10%[48]. - The company recorded a financial asset fair value change gain of CNY 74,930.10 in the previous year, which was not repeated in the current period[50]. Changes in Accounting Standards - The company implemented new financial instrument and lease standards starting January 1, 2019, affecting the financial statement format[64]. - The company has not undergone an audit for the first quarter report[65].