MsEco(SZ:300495)2019-04-26 16:00Financial Performance - Total operating revenue for Q1 2019 was ¥243,224,516.72, a decrease of 2.70% compared to ¥249,979,353.79 in the same period last year[7] - Net profit attributable to shareholders was ¥11,124,424.86, down 5.86% from ¥11,816,281.88 year-on-year[7] - Net profit excluding non-recurring gains and losses increased by 2.10% to ¥11,708,503.40 from ¥11,468,072.25 in the previous year[7] - Total revenue for the period was CNY 243,224,516.72, a decrease of 2.70% from CNY 249,979,353.79 in the previous period[20] - Net profit decreased by 5.93% to CNY 11,109,161.35 from CNY 11,809,004.28 in the previous period[20] - Operating revenue for the current period reached ¥180,578,419.55, an increase from ¥138,468,234.34 in the previous period, representing a growth of approximately 30.4%[51] - Net profit for the current period was ¥6,075,001.89, down from ¥9,641,911.32 in the previous period, indicating a decline of about 37.5%[52] Cash Flow and Investments - The net cash flow from operating activities improved by 4.27%, reaching -¥39,035,555.49 compared to -¥40,776,879.34 in the same period last year[7] - The company's cash and cash equivalents increased by 76.70% to CNY 2,007,195,427.51 compared to CNY 1,135,963,402.37 at the beginning of the period, primarily due to increased cash flow from financing activities[21] - The net cash flow from financing activities surged by 894.08% to CNY 948,139,503.42, compared to a negative cash flow of CNY 119,400,259.12 in the previous period[21] - The company reported a net cash flow from investment activities of -¥166,157,718.85, a significant increase in investment in PPP project capital[20] - The company raised ¥918,442,919.41 from investment activities, a significant increase compared to the previous period[57] - Total cash inflow from financing activities was ¥1,204,442,919.41, compared to ¥212,500,000.00 in the previous period, indicating a substantial increase[57] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,011,059,819.29, an increase of 9.86% from ¥8,202,293,509.51 at the end of the previous year[7] - The company's total assets increased to CNY 6,770,928,365.76, up from CNY 5,650,469,478.18 year-over-year, representing a growth of 19.77%[45] - The company's total liabilities decreased slightly to CNY 4,829,418,017.83 from CNY 4,951,517,377.93, a reduction of approximately 2.5%[39] - Total liabilities rose to CNY 3,169,628,967.90, compared to CNY 2,975,145,514.95 in the previous year, marking an increase of 6.53%[44] - The total amount of current liabilities includes accounts payable of CNY 865,986,941.91[68] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,255[10] - The largest shareholder, Wang Yingyan, holds 36.82% of the shares, totaling 250,479,882 shares, with 187,859,911 shares pledged[10] - The equity attributable to the owners of the parent company increased to CNY 4,142,698,377.56 from CNY 3,211,817,444.17, reflecting a growth of about 29.0%[40] Expenses and Financial Management - The company's financial expenses rose by 36.45% to CNY 21,836,019.65, primarily due to increased interest expenses on PPP special bonds[20] - Research and development expenses for Q1 2019 were CNY 4,975,602.99, an increase from CNY 4,221,446.10 in Q1 2018[46] - The company reported a financial expense of CNY 21,836,019.65, which increased from CNY 16,003,441.28 in the previous year[46] Compliance and Governance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[33] - There were no violations regarding the use and disclosure of raised funds, ensuring compliance with regulations[31] - The company has implemented new financial instrument standards starting January 1, 2019, affecting the classification of certain financial assets[66]