XZB(SH:603040)2018-04-22 16:00Financial Performance - Operating revenue rose by 60.79% to CNY 69,881,382.00 year-on-year[8] - Net profit attributable to shareholders increased by 56.59% to CNY 24,453,634.00 compared to the same period last year[8] - Basic earnings per share reached CNY 0.43, up 72.00% from CNY 0.25 in the previous year[8] - Net profit for the period was ¥25,749,388.11, marking a 70.02% increase from ¥15,145,271.60, driven by increased operating income[15] - Operating profit for Q1 2018 was ¥29,838,136.37, up 73.1% from ¥17,251,250.77 in Q1 2017[26] - Net profit attributable to shareholders of the parent company for Q1 2018 was ¥26,251,337.43, representing a 73.3% increase from ¥15,145,271.60 in Q1 2017[26] - The total profit for the current period was ¥29,279,398.56, up 67.6% from ¥17,439,620.63 in the previous period[30] Assets and Liabilities - Total assets increased by 3.62% to CNY 697,573,696.38 compared to the end of the previous year[8] - The total assets of the company as of March 31, 2018, amounted to ¥697,573,696.38, up from ¥673,211,838.78 at the beginning of the year[19] - The company's total liabilities decreased to ¥76,507,497.89 from ¥80,264,758.38, indicating improved financial stability[20] - Total liabilities decreased to ¥72,775,910.37 from ¥79,548,017.62, a reduction of 8.4%[24] - The company's equity increased to ¥611,381,532.64, up 4.7% from ¥583,888,320.82 at the beginning of the year[24] Cash Flow - Cash flow from operating activities decreased by 24.44% to CNY 12,879,347.36 compared to the previous year[8] - The company's cash and cash equivalents stood at ¥107,702,361.42, slightly down from ¥109,549,367.82 at the beginning of the year[18] - The company's cash and cash equivalents decreased to ¥66,877,503.67 from ¥95,750,324.70, a decline of 30.2%[22] - The net cash flow from operating activities was ¥12,879,347.36, down 24.3% from ¥17,045,629.55 in the previous period[34] - The cash and cash equivalents at the end of the period were ¥107,702,361.42, down from ¥201,164,912.84 at the end of the previous period[35] Shareholder Information - The number of shareholders reached 5,777 at the end of the reporting period[12] - The top shareholder, Hangzhou Zuofeng Investment Management Co., Ltd., holds 51.57% of the shares[12] Expenses and Costs - Operating costs rose to ¥24,848,406.16, reflecting a 64.43% increase from ¥15,112,266.80, primarily due to higher sales volume[14] - Management expenses surged by 83.86% to ¥14,444,218.23, largely due to stock incentive costs and increased employee salaries[14] - The company incurred operating costs of ¥26,281,443.05, which is an increase of 74.0% compared to ¥15,112,266.80 in the previous period[29] - The company’s management expenses increased to ¥13,618,383.88, up 73.5% from ¥7,856,161.05 in the previous period[29] Investment Income - Non-recurring gains and losses totaled CNY 1,797,710.49 for the period[10] - The company reported an investment income of ¥1,909,150.70, a substantial increase from ¥90,926.03, reflecting better performance of financial products[15] - The company reported a significant increase in investment income, which rose to ¥1,909,150.70 from ¥90,926.03 in the previous period[29] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]