南山铝业(600219) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue increased by 31.63% year-on-year to CNY 4,564,552,153.84, driven by a rise in product sales and adjustments in product structure [8]. - Net profit attributable to shareholders rose by 3.81% to CNY 297,430,608.83, while the net profit after deducting non-recurring gains and losses decreased by 2.92% to CNY 267,678,696.17 [7]. - The company's operating revenue for Q1 2018 increased by 31.63% year-on-year, reaching approximately CNY 4.56 billion, driven by higher product sales prices and volumes [19]. - Total operating revenue for the current period reached ¥4,564,552,153.84, a significant increase of 31.6% compared to ¥3,467,843,133.64 in the previous period [31]. - Net profit for the current period was ¥334,853,644.50, representing a 13.2% increase from ¥295,688,366.23 in the previous period [31]. - The profit attributable to shareholders of the parent company was ¥297,430,608.83, compared to ¥286,527,445.77 in the prior period, indicating a growth of 3.1% [31]. - The company reported an operating profit of ¥427,961,390.59, an increase from ¥336,566,268.73 in the previous period [31]. - The total profit for the current period was ¥422,059,404.06, up from ¥345,201,478.35 in the prior period, reflecting a growth of 22.3% [31]. Cash Flow - The net cash flow from operating activities decreased by 42.39% to CNY 321,726,687.08 compared to the same period last year [7]. - The net cash flow from operating activities decreased to ¥321,726,687.08 from ¥558,408,848.91, representing a decline of approximately 42.5% [37]. - Cash inflow from operating activities totaled ¥3,709,426,450.61, down from ¥3,917,296,946.10, indicating a decrease of about 5.3% [37]. - Cash outflow from operating activities increased to ¥3,387,699,763.53 from ¥3,358,888,097.19, reflecting an increase of approximately 0.9% [37]. - The net cash flow from investing activities was -¥990,132,690.01, worsening from -¥241,542,038.73, indicating a significant increase in cash outflow [38]. - The net cash flow from financing activities was -¥218,956,315.20, compared to a positive cash flow of ¥214,308,430.20 in the previous period [38]. - The company reported a significant increase in cash paid for purchasing goods and services, which rose to ¥3,017,110,508.07 from ¥2,380,725,078.52, an increase of approximately 26.7% [40]. - The cash inflow from sales of goods and services was ¥3,465,407,836.79, a slight increase from ¥3,419,209,109.27, reflecting a growth of about 1.4% [40]. - The cash flow from operating activities showed a net outflow of -¥48,521,123.69, contrasting with a net inflow of ¥691,001,029.04 in the previous period [40]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 46,029,318,682.21, a decrease of 0.02% compared to the end of the previous year [7]. - The total liabilities increased, with notes payable rising by 41.76% to approximately CNY 906.78 million, reflecting higher material purchases on credit [18]. - Current liabilities totaled CNY 7,314,149,991.35, down from CNY 7,555,424,405.33 [24]. - Non-current liabilities decreased to CNY 3,767,422,801.02 from CNY 3,825,136,358.15 [25]. - Total liabilities reached CNY 11,081,572,792.37, compared to CNY 11,380,560,763.48 previously [25]. - Owner's equity increased to CNY 34,947,745,889.84 from CNY 34,659,961,635.81 [25]. - Cash and cash equivalents decreased to CNY 2,512,129,730.92 from CNY 3,760,650,412.52 [28]. - Accounts receivable rose to CNY 819,988,696.74 from CNY 484,556,572.31 [28]. - Inventory increased to CNY 2,717,382,848.80 from CNY 2,472,853,676.58 [28]. - Other current assets increased by 74.09% to approximately CNY 957.73 million, primarily due to an increase in financial products purchased with letter of credit deposits [18]. - The company's long-term prepaid expenses rose by 94.09% to approximately CNY 88.86 million, driven by increased amortization of startup costs and roller renewal expenses [18]. Market and Production - The average domestic aluminum ingot price in Q1 2018 was CNY 14,211.90 per ton, up 6.09% from CNY 13,396.68 per ton in the same period last year [8]. - The average LME aluminum ingot price in Q1 2018 was USD 2,171.75 per ton, an increase of 18.15% from USD 1,838.14 per ton year-on-year [11]. - The company plans to continue enhancing product profitability through cost reduction, structural adjustments, and market development efforts [12]. - The company’s production capacity for high-performance aluminum alloy materials is expected to continue to release, contributing to sales growth [8]. - The company continues to focus on enhancing its financial position and exploring market expansion opportunities [30].