上海建工(600170) - 2019 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 147.22% to CNY 1.32 billion year-on-year[4] - Operating revenue rose by 51.57% to CNY 47.10 billion compared to the same period last year[4] - Basic earnings per share increased by 133.33% to CNY 0.14 per share[4] - The total profit for the period increased by RMB 1.037 billion, primarily due to the appreciation of trading financial assets and increased gross profit from construction, real estate development, and construction industrial sectors[13] - The net profit for the period rose by RMB 0.935 billion, attributed to the appreciation of trading financial assets and increased operating profit[13] - The company reported a total profit of ¥2,018,413,696.70 for Q1 2019, significantly higher than ¥981,159,515.17 in Q1 2018, representing an increase of approximately 105.4%[28] - The net profit for Q1 2019 reached CNY 871,330,808.23, compared to CNY 169,054,818.42 in Q1 2018, indicating a substantial increase of about 415.5%[30] Assets and Liabilities - Total assets decreased by 4.01% to CNY 207.27 billion compared to the end of the previous year[4] - Total liabilities decreased from CNY 180.61 billion to CNY 170.31 billion, a decline of about 5.7%[20] - Current liabilities decreased from CNY 144.43 billion to CNY 132.29 billion, a reduction of about 8.3%[20] - Short-term borrowings increased significantly from CNY 4.94 billion to CNY 6.55 billion, an increase of approximately 32.5%[20] - Long-term borrowings increased from CNY 29.60 billion to CNY 31.37 billion, an increase of approximately 6%[20] - The total assets amounted to ¥52,836,659,486.55 in Q1 2019, down from ¥54,400,807,212.58 in Q1 2018, a decrease of about 2.9%[25] - Total liabilities amounted to approximately $30.94 billion, with current liabilities at about $29.08 billion[48] Cash Flow - Net cash flow from operating activities improved by 0.92% to CNY -13.66 billion year-on-year[4] - The total cash inflow from operating activities in Q1 2019 was CNY 55,160,171,528.57, up from CNY 40,224,927,196.72 in Q1 2018, reflecting an increase of approximately 37.2%[34] - The net cash flow from operating activities for Q1 2019 was -CNY 13,663,232,236.42, slightly improved from -CNY 13,789,633,038.38 in Q1 2018[34] - Cash inflow from financing activities in Q1 2019 totaled CNY 6,003,126,493.79, down from CNY 10,340,139,859.49 in Q1 2018, showing a decrease of about 42.5%[35] - The net cash flow from investment activities was -339,879,268.45 RMB, compared to -1,252,803,153.59 RMB in Q1 2018, indicating an improvement[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 196,289[9] - The largest shareholder, Shanghai Construction Group, holds 30.19% of the shares[9] - Shareholders' equity increased from CNY 35.31 billion to CNY 36.95 billion, an increase of approximately 4.7%[20] Revenue Breakdown - The company's operating revenue increased by RMB 16.025 billion, driven by growth in construction, real estate development, and construction industrial sectors, which saw revenue increases of RMB 12.023 billion, RMB 2.268 billion, and RMB 1.015 billion respectively[11] - The company's construction segment reported a revenue of RMB 37.129 billion with a gross profit of RMB 2.191 billion for the first quarter of 2019[12] - The company's real estate development segment generated revenue of RMB 3.881 billion with a gross profit of RMB 1.193 billion for the same period[13] Financial Assets and Investments - The company reported a non-operating income of CNY 711.11 million, primarily from fair value changes in financial assets[8] - The company reported a significant increase in trading financial assets by RMB 3.083 billion, resulting from the reclassification of available-for-sale financial assets under new financial instrument standards[11] - The company's other equity investments increased by RMB 2.266 billion due to the reclassification of available-for-sale financial assets under new financial instrument standards[11] - The company recorded investment income of CNY 421,127,067.59 in Q1 2019, compared to CNY 124,113,942.50 in Q1 2018, representing an increase of about 239.5%[30] Research and Development - Research and development expenses for Q1 2019 were ¥881,312,973.88, compared to ¥688,589,468.68 in Q1 2018, an increase of about 28.1%[26] Other Financial Metrics - The company has not disclosed any new product or technology developments in this report[4] - The company has reclassified certain financial assets in accordance with the new accounting standards effective from January 1, 2019[48] - The audit report for the current period is not applicable, indicating no significant issues were raised[49]