三峡新材(600293) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 5.50% to CNY 3,076,178,954.53 year-on-year[6] - Net profit attributable to shareholders increased by 62.25% to CNY 106,353,660.49 compared to the same period last year[6] - Basic earnings per share rose by 8.16% to CNY 0.0915 compared to the previous year[6] - The net profit for the first quarter of 2018 was CNY 108,066,875.88, representing a 62.31% increase compared to CNY 66,582,003.18 in the same period last year[12] - Total operating revenue for the period reached ¥3,076,178,954.53, an increase of 5.52% compared to ¥2,915,781,865.37 in the previous period[23] - Net profit for the period was ¥108,066,875.88, representing a significant increase of 62.43% from ¥66,582,003.18 in the prior period[23] - The total comprehensive income attributable to the parent company was ¥106,353,660.49, compared to ¥65,548,839.68, reflecting a growth of 62.19%[25] Assets and Liabilities - Total assets increased by 4.14% to CNY 7,458,233,899.34 compared to the end of the previous year[6] - The total assets as of March 31, 2018, amounted to CNY 7,458,233,899.34, up from CNY 7,161,608,264.82 at the beginning of the year[16] - Total liabilities increased to ¥3,555,345,418.59 from ¥3,366,786,659.94, representing a growth of approximately 5.6%[18] - Current liabilities totaled ¥3,343,039,178.74, up from ¥3,212,121,060.94, indicating an increase of about 4.1%[18] - Non-current liabilities totaled ¥212,306,239.85, up from ¥154,665,599.00, representing an increase of approximately 37.2%[18] - The total liabilities and equity reached ¥7,458,233,899.34, up from ¥7,161,608,264.82, indicating an increase of approximately 4.1%[18] Cash Flow - Net cash flow from operating activities decreased by 57.26% to CNY 187,584,811.26 year-on-year[6] - Cash flow from operating activities generated ¥187,584,811.26, a decrease of 57.40% compared to ¥438,869,961.71 in the previous period[28] - Cash inflow from sales of goods and services reached CNY 307,236,472.65, up from CNY 273,493,870.66, indicating a growth of approximately 12.3% year-over-year[32] - Total cash outflow from operating activities was CNY 297,166,475.14, slightly increased from CNY 290,408,504.27 in the previous period[32] - Cash flow from financing activities generated a net inflow of CNY 62,622,461.60, a turnaround from a net outflow of CNY 67,511,422.61 in the previous period[32] - The company reported a net increase in cash and cash equivalents of CNY 64,129,446.78, contrasting with a decrease of CNY -84,550,883.25 in the previous period[32] Shareholder Information - The total number of shareholders reached 42,146 at the end of the reporting period[10] - The largest shareholder, Xu Xizhong, holds 17.85% of the shares, totaling 207,387,072 shares[10] - The company plans to repurchase shares with a budget of CNY 10,000,000 to CNY 15,000,000 at a price not exceeding CNY 12 per share within 12 months following the shareholder meeting resolution[13] - The company has not yet conducted its first share repurchase as of the announcement date[13] Expenses - The company's financial expenses increased by 46.49% to CNY 37,975,879.41 due to higher bank loan interest[12] - Sales expenses decreased to ¥45,506,745.42 from ¥61,841,252.19, a reduction of 26.41%[23] - Management expenses slightly decreased to ¥43,521,835.04 from ¥45,669,090.59, a decline of 4.70%[23] - The company recorded a decrease in financial expenses to ¥37,975,879.41 from ¥25,924,089.49, an increase of 46.38%[23] Inventory and Borrowings - The company's inventory as of March 31, 2018, was CNY 537,853,000.30, an increase from CNY 464,527,409.39 at the beginning of the year[16] - Long-term borrowings increased by 209.15% to CNY 51,705,000.00, reflecting new bank loans taken during the period[12] - Short-term borrowings increased to ¥665,520,000.00 from ¥587,700,000.00, which is an increase of about 13.2%[20] - Cash and cash equivalents rose to ¥279,127,077.05 from ¥239,797,630.27, reflecting an increase of approximately 16.4%[19] - Inventory increased significantly to ¥100,248,832.24 from ¥60,482,763.08, marking a growth of around 65.8%[19]