BOE(SZ:200725)2019-04-29 16:00Financial Performance - The company's revenue for Q1 2019 was CNY 26,454,258,554, representing a 22.66% increase compared to CNY 21,566,813,037 in the same period last year[4]. - Net profit attributable to shareholders decreased by 47.90% to CNY 1,051,781,919 from CNY 2,018,692,554 year-over-year[4]. - The net profit after deducting non-recurring gains and losses was CNY 352,304,432, down 71.56% from CNY 1,238,599,228 in the previous year[4]. - Basic and diluted earnings per share were both CNY 0.030, down 48.28% from CNY 0.058 in the previous year[4]. - Operating profit for Q1 2019 was CNY 1.25 billion, down 47% from CNY 2.36 billion in the same period last year[30]. - Net profit for Q1 2019 was CNY 841.86 million, a decrease of 57% compared to CNY 1.94 billion in Q1 2018[30]. - The total profit for Q1 2019 was CNY 1.29 billion, a decrease of 46% from CNY 2.39 billion in Q1 2018[30]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 6,164,241,385, a decrease of 14.36% compared to CNY 7,198,088,816 in the same period last year[4]. - Cash and cash equivalents decreased to CNY 49.88 billion from CNY 51.48 billion year-over-year[22]. - The company experienced a net cash outflow from operating activities of CNY 236 million, contrasting with a net inflow of CNY 1.17 billion in the previous year, marking a decline of 120.2%[37]. - Cash and cash equivalents at the end of the period stood at CNY 41.23 billion, down from CNY 47.19 billion at the end of the previous period, reflecting a decrease of 12.4%[36]. - Cash inflow from investment activities was ¥9,634,009,384, down from ¥18,678,266,470, indicating a decline of 48.54%[35]. - The cash outflow from investment activities was CNY 3.83 billion, a decrease of 36.2% from CNY 6.01 billion in the same period last year[38]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 308,295,146,086, an increase of 1.40% from CNY 304,028,491,385 at the end of the previous year[4]. - The total liabilities as of March 31, 2019, were CNY 95.90 billion, compared to CNY 99.69 billion at the end of 2018, showing a decrease of approximately 3.8%[22]. - Total liabilities increased to CNY 185.43 billion, up from CNY 183.67 billion year-over-year, reflecting a growth of 1.0%[24]. - Non-current liabilities rose to CNY 122.90 billion, compared to CNY 121.44 billion, marking an increase of 1.2%[24]. - Current liabilities totaled CNY 62.53 billion, slightly up from CNY 62.23 billion, indicating a growth of 0.5%[24]. - The company's total assets amounted to CNY 155.55 billion, up from CNY 152.74 billion, indicating a growth of 1.8%[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 1,612,810, with the top ten shareholders holding significant stakes[7]. - The largest shareholder, Beijing State-owned Capital Management Center, held 11.68% of the shares, amounting to 4,063,333,333 shares[7]. - The company plans to reduce shareholding by up to 1.00% of the total share capital within three months from the announcement date[14]. Research and Development - R&D expenses increased by 88% year-on-year, indicating a significant rise in investment in research and development[12]. - Research and development expenses significantly increased to ¥412,873,692, up from ¥232,327,650, reflecting a growth of 77.66%[32]. Legal and Compliance - The company has filed a lawsuit for approximately $41.84 million against several parties due to a contract dispute[13]. - The company has not conducted any repurchase transactions during the reporting period[10]. - The company has not made any adjustments related to the new financial instrument standards and leasing standards[47]. - The report was approved by the board of directors on April 29, 2019[48]. Other Financial Metrics - The company reported non-recurring gains of CNY 699,477,487 during the reporting period[6]. - The company reported a significant increase in sales expenses to CNY 692.73 million, compared to CNY 645.06 million in the previous year[29]. - The company reported a total of CNY 5.17 billion in trading financial assets as of March 31, 2019, compared to zero at the end of 2018[22]. - The company reported no derivative investments during the reporting period[18].