中公教育(002607) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,311,632,662.04, representing a 61.93% increase compared to ¥810,005,858.65 in the same period last year[3] - Net profit attributable to shareholders for Q1 2019 was ¥106,193,482.28, a significant turnaround from a loss of ¥51,936,698.98 in the previous year, marking a 304.47% increase[3] - Basic earnings per share for Q1 2019 was ¥0.02, compared to a loss of ¥0.01 per share in the same period last year, reflecting a 300.00% increase[3] - Total revenue for the first quarter was CNY 3,638,285.43, a decrease of 94.7% compared to CNY 68,648,329.43 in the same period last year[30] - Operating profit for the first quarter was CNY -8,958,785.04, down from CNY 174,797,645.28 in the previous year, indicating a significant decline[30] - Net profit for the first quarter was CNY -8,958,785.04, compared to a net profit of CNY 175,866,063.43 in the same period last year[31] Cash Flow - The net cash flow from operating activities was ¥2,422,743,973.91, up 17.95% from ¥2,054,074,818.90 in the same period last year[3] - In Q1 2019, the company reported a significant increase in cash paid for purchasing goods and services, totaling CNY 244,466,417.21, which is an 81.50% increase compared to CNY 134,691,207.32 in Q1 2018[14] - The cash paid to employees rose to CNY 801,689,160.29, reflecting a 36.82% increase from CNY 585,940,040.98 in the same period last year[14] - The company reported a total cash inflow from operating activities of CNY 3,787,938,752.87, compared to CNY 2,977,490,017.33 in the same period last year[33] - The cash and cash equivalents at the end of the period were CNY 534,173,870.25, down from CNY 1,456,901,770.70 at the end of the previous year[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,960,589,685.08, a 38.30% increase from ¥7,202,071,521.23 at the end of the previous year[3] - The company's total liabilities increased to CNY 6,886,747,127.41 from CNY 4,248,119,616.23, indicating a growth in financial obligations[22] - The total current assets as of March 31, 2019, amounted to CNY 5,816,250,220.03, compared to CNY 3,070,012,503.32 at the same time last year[20] - The total liabilities amounted to CNY 4,248,119,616.23, with current liabilities at CNY 4,151,352,116.05[40] - The total owner's equity as of March 31, 2019, was ¥20,585,463,732.84, slightly down from ¥20,594,422,517.88 at the end of 2018[26] Operational Costs and Expenses - The operating costs increased by 51.01% to RMB 547.54 million from RMB 362.60 million, primarily due to the expansion of the company's operations[12] - The company's financial expenses surged by 381.66% to RMB 37.72 million from RMB 7.83 million, mainly due to an increase in short-term loans from financial institutions[12] - The company's tax and additional charges increased by 98.57% to RMB 7.02 million from RMB 3.53 million, driven by revenue growth[12] - Research and development expenses for Q1 2019 were ¥109,361,694.09, up from ¥89,385,913.59 in the previous year, reflecting an increase of about 22%[27] Shareholder Information - The weighted average return on equity for Q1 2019 was 3.52%, a recovery from -5.29% in the same period last year, showing an improvement of 8.81%[3] - The company reported a total share capital of 6,167,399,389 shares as of the last trading day before disclosure[3] - The diluted earnings per share calculated based on the latest share capital was ¥0.0172[3] - The company's equity attributable to shareholders rose to CNY 3,073,842,557.67, up from CNY 2,953,951,905.00 year-over-year[22] Financial Reporting and Standards - The company did not report any non-recurring gains or losses during the reporting period[5] - The first quarter report was not audited, which may affect the reliability of the financial data presented[46] - The company is implementing new financial instrument and leasing standards effective from January 1, 2019, which may impact future financial reporting[45]