江苏舜天(600287) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period was CNY 1,273,004,500.45, a marginal increase of 0.08% year-on-year[9] - Net profit attributable to shareholders decreased by 14.23% to CNY 15,983,841.37 compared to the same period last year[9] - Net profit attributable to shareholders after deducting non-recurring gains and losses surged by 128.72% to CNY 15,609,890.79 compared to the previous year[9] - Basic earnings per share were CNY 0.0366, down 14.23% from CNY 0.0427 in the previous year[9] - Operating profit increased to CNY 36,624,429.93 from CNY 23,996,131.71, showing a significant improvement of 52.5% year-over-year[26] - Net profit for the period was CNY 24,541,062.84, compared to CNY 21,742,125.39 in the same period last year, reflecting a growth of 12.9%[26] - Net profit for Q1 2018 was CNY 15.02 million, down 20.5% from CNY 18.90 million in Q1 2017[27] - The total comprehensive income for Q1 2018 was CNY 301.81 million, compared to a loss of CNY 61.75 million in the same period last year[27] Assets and Liabilities - Total assets as of the end of the reporting period amounted to CNY 3,939,923,029.07, reflecting a slight increase of 0.18% compared to the end of the previous year[9] - Total liabilities decreased from 1,979,119,776.62 yuan at the beginning of the year to 1,677,359,340.36 yuan[23] - Total assets increased to CNY 3,043,461,564.68 from CNY 2,933,491,178.37, marking a rise of 3.7%[25] - Current assets totaled CNY 1,064,882,212.28, down from CNY 1,335,564,536.96, indicating a decline of 20.2%[25] - Accounts payable decreased by 56.33% compared to the beginning of the year, primarily due to the repayment of bank acceptance bills that matured during the reporting period[16] - Employee compensation payable decreased by 57.30% compared to the beginning of the year, mainly due to the distribution of performance bonuses accrued at the end of 2017[16] - Deferred income tax liabilities increased by 66.48% compared to the beginning of the year, attributed to the valuation change of Nanjing Julong's investment[16] Cash Flow - The net cash flow from operating activities reached CNY 50,926,327.04, a significant increase of 1,862.00% year-on-year[9] - Net cash flow from operating activities increased by 1,862% compared to the same period last year, mainly due to the recovery of commercial acceptance bills from large infrastructure projects[16] - Cash flow from financing activities increased by 12.74 million yuan compared to the same period last year, mainly due to significant repayments of bank financing in the prior year[16] - Cash inflow from sales of goods and services reached ¥605,576,708.85, up from ¥319,052,780.17, representing an increase of approximately 89.9%[30] - Total cash outflow from operating activities was ¥574,939,463.08, compared to ¥383,247,905.16 in the previous period, indicating a rise of about 50.1%[30] - Cash flow from financing activities showed a net increase of ¥12,419,029.00, recovering from a negative cash flow of ¥47,604,328.76 in the previous period[30] Shareholder Information - Net assets attributable to shareholders of the listed company increased by 17.28% to CNY 2,037,123,976.01 compared to the end of the previous year[9] - The number of shareholders at the end of the reporting period was 34,257[11] - The largest shareholder, Jiangsu Sainty International Group Co., Ltd., held 49.97% of the shares, with 108,894,622 shares pledged[11] Investment Activities - Available-for-sale financial assets increased by 35.21% compared to the beginning of the year due to the listing of Nanjing Julong, with the investment now valued at market price[16] - Investment activities generated a net cash inflow of CNY 4.99 million, a recovery from a net outflow of CNY 19.96 million in Q1 2017[28] - The total cash inflow from investment activities was ¥2,183,998.24, slightly down from ¥2,495,000.00 in the previous period[30] - The cash outflow for investment activities was ¥28,782.95, compared to ¥5,641.03 in the previous period, indicating a significant increase in investment spending[30] - The company received ¥1,635,478.24 in cash from investment income, with no previous income reported in the last period[30] Other Financial Metrics - The weighted average return on equity decreased by 0.06 percentage points to 0.85%[9] - Other comprehensive income after tax was CNY 284,186,470.06, compared to a loss of CNY 81,010,622.85 in the previous year[26] - The company reported a decrease in accounts receivable to CNY 75,907,574.75 from CNY 86,999,074.45, a decline of 12.4%[25] - Inventory levels decreased significantly to CNY 119,516,496.45 from CNY 222,278,380.53, a drop of 46.3%[25] - The company’s tax expenses decreased to CNY 5.19 million from CNY 6.22 million year-over-year, reflecting improved tax efficiency[27] - The impact of exchange rate changes on cash and cash equivalents was a decrease of ¥1,461,384.74, compared to a decrease of ¥304,332.68 in the previous period[30]