ECT(SZ:300679)2019-04-25 16:00Financial Performance - Total revenue for Q1 2019 was CNY 375,805,891.98, representing a 36.96% increase compared to CNY 274,387,377.75 in the same period last year[9] - Net profit attributable to shareholders decreased by 33.59% to CNY 42,887,118.48 from CNY 64,577,247.18 year-on-year[9] - Net profit excluding non-recurring gains and losses fell by 69.72% to CNY 18,254,925.57 compared to CNY 60,290,040.64 in the previous year[9] - Basic and diluted earnings per share decreased by 33.09% to CNY 0.20 from CNY 0.2989 year-on-year[9] - Net profit for Q1 2019 was CNY 39,205,680.48, a decrease of 40% from CNY 65,175,496.69 in Q1 2018[74] - Total comprehensive income for the period was 49,793,848.58, compared to 65,656,749.02 in the previous period, reflecting a decrease[82] Cash Flow - Net cash flow from operating activities was negative at CNY -8,730,547.94, a decline of 111.66% from CNY 74,866,710.26 in the same period last year[9] - Cash inflow from operating activities totaled 404,306,414.67, an increase from 337,247,434.29 in the previous period[83] - Cash outflow from operating activities was 413,036,962.61, compared to 262,380,724.03 in the previous period, resulting in a net cash flow from operating activities of -8,730,547.94[85] - Cash inflow from investing activities reached 1,723,343,150.70, significantly up from 243,254,486.38 in the previous period[87] - Net cash flow from investing activities was 1,182,753,345.25, compared to -1,575,982,000.58 in the previous period, indicating a positive shift[87] - Cash and cash equivalents at the end of the period amounted to 2,145,866,399.82, up from 712,312,162.96 in the previous period[90] - The company reported a significant increase in cash received from investment recoveries, totaling 1,690,000,000.00, compared to 160,000,000.00 in the previous period[90] Assets and Liabilities - Total assets increased by 13.16% to CNY 3,886,164,773.78 from CNY 3,434,211,506.37 at the end of the previous year[9] - Current assets totaled CNY 3,192,041,435.03, compared to CNY 3,050,677,618.70, indicating an increase of about 4.6%[60] - Total liabilities increased to CNY 415,254,865.27 from CNY 395,236,535.99, representing an increase of approximately 5.1%[62] - The company's equity attributable to shareholders reached CNY 3,398,391,567.34, up from CNY 3,347,492,356.49, marking an increase of about 1.5%[64] Investments and R&D - R&D expenses surged by 78.81% to CNY 37,777,354.44, reflecting the company's commitment to innovation[23] - The company reported a significant increase in investment income, rising by 994.72% to CNY 21,235,647.99 due to financial investments[23] - The company plans to continue expanding its market presence and investing in automation to enhance operational efficiency[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,215[13] - The company has no overdue commitments from major shareholders or related parties during the reporting period[30] - There are no significant changes in the feasibility of projects or the use of raised funds during the reporting period[51] - The company has not engaged in any share buybacks or significant asset disposals during the reporting period[30] Inventory and Receivables - Accounts receivable rose by 30.77% to CNY 322,968,582.80, attributed to increased revenue during the period[21] - Inventory increased by 54.76% to CNY 230,415,847.38, driven by higher stocking needs due to increased sales[21] - Other non-recurring gains included investment income of CNY 21,235,647.99, totaling CNY 24,632,192.91 for the period[9]