ZMC(600216)2018-04-24 16:00Financial Performance - Net profit attributable to shareholders surged by 1,838.06% to CNY 465,340,324.88 year-on-year[6] - Operating revenue rose by 61.68% to CNY 1,922,400,190.61 compared to the same period last year[6] - Basic earnings per share increased by 1,533.33% to CNY 0.49[6] - The company's operating revenue for Q1 2018 was RMB 1,922,400,190.61, representing a 61.68% increase compared to RMB 1,189,011,872.41 in the same period last year[11] - Net profit for Q1 2018 was CNY 467,692,127.69, compared to CNY 20,787,655.10 in Q1 2017, marking an increase of about 2,245.5%[28] - Operating profit for Q1 2018 was CNY 533,995,694.06, a substantial rise from CNY 27,580,829.21 in the previous year, indicating a growth of approximately 1,837.5%[28] - Total operating revenue for Q1 2018 reached CNY 1,488,874,043.89, a significant increase from CNY 676,001,190.15 in the same period last year, representing a growth of approximately 120.5%[29] - The total comprehensive income for Q1 2018 was CNY 486,404,648.96, compared to CNY 28,776,702.26 in Q1 2017, reflecting a growth of about 1,592.5%[28] Assets and Liabilities - Total assets increased by 5.16% to CNY 10,298,316,252.96 compared to the end of the previous year[6] - Total liabilities stood at ¥1,558,254,524.78, down from ¥1,635,124,622.58, marking a decrease of approximately 4.7%[23] - Current liabilities decreased to ¥1,345,655,704.79 from ¥1,455,381,458.02, indicating a reduction of about 7.5%[23] - Owner's equity increased to ¥7,682,572,900.26 from ¥7,234,660,806.06, representing a growth of about 6.2%[23] - Non-current assets totaled ¥5,303,238,335.47, showing a slight increase from ¥5,256,120,262.79 at the beginning of the year[22] Cash Flow - Net cash flow from operating activities decreased by 860.76% to -CNY 149,119,375.92[6] - Cash received from the sale of goods and services increased to 1,753,993,052.52, up from 1,232,859,878.53, reflecting a growth of approximately 42.3%[33] - Total cash inflow from operating activities amounted to 1,846,391,146.85, compared to 1,321,954,340.49 in the prior period, marking an increase of about 39.6%[33] - Cash outflow from operating activities rose to 1,995,510,522.77, up from 1,302,352,959.02, representing an increase of approximately 53.3%[33] - The net cash flow from investment activities was 155,071,288.04, a significant improvement from -206,253,654.61 in the previous period[34] - Cash inflow from investment activities totaled 291,887,589.22, compared to 6,225,136.47 in the prior period, indicating a substantial increase[34] - The net cash flow from financing activities was 77,657,311.98, compared to -49,019,392.30 in the previous period, indicating a positive shift in financing[34] Shareholder Information - The total number of shareholders reached 48,172 at the end of the reporting period[10] - The top shareholder, New Changxing Changxin Investment Development Co., Ltd., holds 22.43% of shares[10] Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to CNY 6,631,692.79 during the reporting period[8] - Non-recurring losses totaled CNY -7,838,663.08, impacting overall profitability[8] Inventory and Expenses - Inventory increased by 30.84% to RMB 1,269,993,500.48 from RMB 970,651,902.78, attributed to the rise in stock of finished goods[11] - Financial expenses surged by 2,691.26% to RMB 42,773,878.26, primarily due to increased exchange losses[11] - The company incurred sales expenses of CNY 382,826,040.94 in Q1 2018, compared to CNY 53,988,917.22 in Q1 2017, representing a dramatic increase of approximately 608.5%[28] - Total operating costs for Q1 2018 amounted to CNY 1,395,457,532.02, up from CNY 1,161,703,140.84 in the same quarter last year, which is an increase of about 20.2%[28] Taxation - The company reported a 489.07% increase in income tax expenses to RMB 66,553,580.53, driven by a rise in total profit[11]