普路通(002769) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was ¥1,567,637,433.47, representing a 43.77% increase compared to ¥1,090,360,823.66 in the same period last year[7]. - The net profit attributable to shareholders decreased by 26.55% to ¥30,187,784.59 from ¥41,097,459.22 year-on-year[7]. - The net profit after deducting non-recurring gains and losses fell by 30.58% to ¥27,543,708.14 compared to ¥39,675,976.76 in the previous year[7]. - The basic earnings per share decreased by 27.27% to ¥0.08 from ¥0.11 in the same period last year[7]. - The diluted earnings per share also decreased by 27.27% to ¥0.08 from ¥0.11 year-on-year[7]. - The weighted average return on equity was 2.23%, down from 3.21% in the previous year[7]. - The company reported a net profit margin improvement, with undistributed profits increasing from CNY 634.94 million to CNY 665.12 million, a growth of about 4.8%[35]. - Net profit for the current period was ¥30,221,355.18, down from ¥41,097,459.22, reflecting a decrease of approximately 26.5%[43]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 45.61%, reaching -¥420,792,547.39, compared to -¥773,592,040.38 in the same period last year[7]. - The company's cash and cash equivalents decreased by 47.83% to ¥4,721,064,381.00 from ¥9,049,082,286.64, primarily due to a reduction in foreign exchange business products[15]. - Cash inflow from financing activities was CNY 1,067,366,588.70, significantly lower than CNY 4,562,430,772.44 in the previous period, indicating a decline of approximately 76.6%[52]. - Net cash flow from financing activities improved to CNY 380,854,344.41 from negative CNY 120,789,880.68 in the previous period[52]. - The ending balance of cash and cash equivalents was CNY 395,127,280.02, down from CNY 736,335,624.63 at the end of the previous period[52]. - Total cash and cash equivalents decreased by CNY 40,043,835.24 compared to a decrease of CNY 938,297,456.96 in the previous period[52]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,372,726,666.30, a decrease of 36.23% from ¥11,561,165,878.58 at the end of the previous year[7]. - The company's total assets as of March 31, 2019, included cash and cash equivalents of 4,721,064,381.00 RMB, down from 9,049,082,286.64 RMB at the end of 2018[32]. - Total liabilities decreased from CNY 10.22 billion to CNY 6.00 billion, a reduction of about 41.0%[34]. - Current liabilities decreased from CNY 10.20 billion to CNY 5.98 billion, a reduction of about 41.5%[34]. - The company's accounts receivable increased to 1,378,753,716.45 RMB, compared to 1,288,949,824.42 RMB at the end of 2018, indicating a growth of approximately 6.7%[32]. - The company's short-term borrowings decreased by 44.56% to ¥4,816,913,005.85 from ¥8,688,694,672.15, mainly due to a reduction in foreign exchange business products[16]. Operational Costs and Expenses - The company's operating costs rose by 47.82% to ¥1,484,381,511.38 from ¥1,004,160,914.96, reflecting the increase in trading business[17]. - The company's financial expenses turned negative at -¥8,837,607.43, a decrease of 134.62% from ¥25,526,385.54, attributed to exchange rate fluctuations and reduced foreign exchange business products[17]. - The company's interest income decreased by 61.77% to ¥27,482,209.42 from ¥71,880,200.40, primarily due to a reduction in foreign exchange business products[17]. - Research and development expenses increased to ¥4,228,678.65 from ¥3,614,699.22, marking a rise of approximately 17%[41]. Shareholder Equity - The net assets attributable to shareholders increased by 2.39% to ¥1,371,243,323.15 from ¥1,339,194,185.80 at the end of the previous year[7]. - The company's total equity rose from CNY 1.34 billion to CNY 1.37 billion, an increase of approximately 2.9%[35]. - The company maintained a stable capital reserve of CNY 255.03 million, unchanged from the previous period[35]. Government Support and Other Income - The company received government subsidies amounting to ¥3,242,480.00 during the reporting period[8]. - The company reported a significant increase in other income, which rose by 164.81% to 227,029.53 RMB, mainly due to the receipt of previously written-off receivables[18]. - Other income for the current period was recorded at ¥200,000.00, down from ¥677,300.00, a decrease of about 70%[41]. Changes in Control and Governance - The company transferred 20,066,931 shares (5.37% of total shares) to Guangdong Green Financial Investment Holding Group Co., Ltd. as part of a control change agreement[19]. - The actual controller of the company changed to Guangzhou Municipal Government after the completion of the share transfer on March 12, 2019[21].