Financial Performance - Operating revenue rose by 34.22% to CNY 556,130,441.99 year-on-year, primarily due to increased product sales[6] - Net profit attributable to shareholders increased by 8.24% to CNY 74,336,236.58 compared to the same period last year[6] - Basic earnings per share improved by 7.76% to CNY 0.125[6] - The company's operating revenue for the current period reached RMB 556,130,441.99, representing a 34.22% increase compared to RMB 414,357,193.77 in the previous period[12] - Net profit for Q1 2018 was ¥75,807,387.15, representing a 9.4% increase from ¥69,419,928.31 in Q1 2017[27] - The company's operating revenue for Q1 2018 was CNY 530,816,677.06, representing a 34% increase from CNY 396,159,107.71 in the same period last year[29] - The net profit for Q1 2018 reached CNY 73,583,768.93, up from CNY 69,125,148.61, indicating a growth of approximately 6% year-over-year[30] Cash Flow - Net cash flow from operating activities surged by 218.11% to CNY 137,959,509.34, driven by higher cash receipts from sales[6] - The net cash flow from operating activities was CNY 137,959,509.34, significantly higher than CNY 43,369,023.16 in Q1 2017, marking an increase of over 218%[34] - The net cash flow from investing activities improved to RMB 83,383,232.05, compared to a negative cash flow of RMB 102,607,890.28 in the previous period[16] - The net cash flow from investing activities was ¥78,739,310.57, a turnaround from a negative cash flow of -¥62,116,504.08 in the same period last year[36] Assets and Liabilities - Total assets increased by 6.16% to CNY 3,511,170,074.70 compared to the end of the previous year[6] - The total assets of the company amounted to RMB 3,511,170,074.70, an increase from RMB 3,307,564,762.16 at the beginning of the year[19] - Total liabilities increased to ¥1,216,236,507.44 in Q1 2018, up from ¥1,051,975,766.01 at the start of the year, marking a rise of 15.6%[24] - The company's total equity reached ¥2,214,572,167.12, an increase from ¥2,172,535,592.26, reflecting a growth of 1.9%[24] Shareholder Information - The total number of shareholders reached 41,453[10] - The largest shareholder, Henan Lingrui Group Co., Ltd., holds 20.57% of the shares[10] Other Income and Expenses - Non-operating income included government subsidies amounting to CNY 11,265,320.23[8] - The company reported a net loss from non-recurring items totaling CNY -3,080,671.26[9] - Sales expenses increased by 48.57% to RMB 266,095,722.55 from RMB 179,099,353.76, attributed to higher sales and increased promotional investments[12] - The company reported a decrease in other comprehensive income, with a net loss of ¥32,004,824.03 compared to a gain of ¥7,076,324.93 in the previous year[27] - The financial expenses for Q1 2018 were CNY 2,114,213.42, an increase from CNY 1,703,752.82 in the same period last year, reflecting a rise of about 24.1%[29] Investment Activities - The company has committed to investing RMB 100 million in a private equity fund as a limited partner, with the fund already registered with the relevant authorities[17] - The company reported an investment loss of RMB 16,029,161.18, a significant decrease from a gain of RMB 1,577,513.44 in the previous period, mainly due to the sale of smart agriculture stocks[12][13] - Other income increased to RMB 11,265,320.23, reflecting a change in accounting policy that reclassified government subsidies from non-operating income[12][13] Cash and Cash Equivalents - Cash and cash equivalents increased by 77.69% to RMB 605,926,705.71 from RMB 340,999,146.34, primarily due to cash generated from operating activities[15] - The company's cash and cash equivalents rose to ¥526,137,442.28, a significant increase from ¥250,932,129.54 at the beginning of the year, representing a growth of 109.5%[22] - Total cash and cash equivalents at the end of the period amounted to ¥525,643,694.43, an increase of 50% from ¥350,888,247.41 year-over-year[36] - The company reported a net increase in cash and cash equivalents of ¥276,139,459.13, compared to an increase of ¥74,457,936.02 in the same period last year[36]
羚锐制药(600285) - 2018 Q1 - 季度财报