JSAC(SH:600389)2018-04-27 16:00Financial Performance - Net profit attributable to shareholders increased by 117.24% to CNY 84,703,402.99 year-on-year[6] - Operating revenue rose by 12.14% to CNY 1,010,355,458.11 compared to the same period last year[6] - Basic earnings per share increased by 117.21% to CNY 0.2852[6] - The total profit for the period increased by ¥61,346,583.27, an increase of 127.67%, mainly due to an increase in gross profit from the company's products[15] - Net profit for Q1 2018 was ¥84,703,402.99, a significant increase of 117.0% from ¥38,991,107.88 in Q1 2017[29] - The company's operating revenue for Q1 2018 was CNY 1,011,212,221.61, representing a 13.9% increase from CNY 887,759,747.31 in the same period last year[31] - The net profit for Q1 2018 reached CNY 82,837,220.45, up 22.8% from CNY 37,163,603.06 in Q1 2017[32] - The total comprehensive income for Q1 2018 was CNY 82,612,220.45, compared to CNY 40,931,651.24 in Q1 2017, reflecting strong performance[32] Cash Flow - Cash flow from operating activities turned positive with a net amount of CNY 4,010,296.31, compared to a negative CNY 147,065,112.86 in the previous year[6] - The net cash flow from operating activities for the period was ¥4,010,296.31, a significant improvement compared to a net outflow of ¥147,065,112.86 in the previous period[16] - The cash flow from operating activities for Q1 2018 was CNY 4,010,296.31, a recovery from a negative cash flow of CNY -147,065,112.86 in the same quarter last year[35] - The net cash flow from operating activities was ¥9,022,300.24, a significant improvement from a net outflow of ¥162,308,562.21 in the previous period, indicating a turnaround in operational performance[37] - Cash inflow from sales of goods and services reached ¥639,783,545.37, up from ¥501,019,331.37, reflecting a growth of approximately 27.7% year-over-year[37] - The total cash outflow from operating activities decreased to ¥656,665,340.02 from ¥686,430,596.04, showing a reduction of about 4.3%[37] Assets and Liabilities - Total assets decreased by 1.17% to CNY 2,917,907,703.15 compared to the end of the previous year[6] - Total liabilities decreased to ¥1,268,971,153.57 from ¥1,334,683,411.36, a reduction of 4.9%[27] - The ending balance of notes receivable decreased by ¥19,836,183.16, a decline of 40.17%, mainly due to an increase in notes receivable transferred out at the end of the reporting period[12] - The ending balance of prepaid accounts decreased by ¥11,039,820.43, a decline of 54.35%, primarily due to a reduction in prepaid engineering payments during the reporting period[12] - The ending balance of advance receipts decreased by ¥106,691,728.28, a decline of 53.69%, mainly due to the normal sales realization of pesticide advance payments during the reporting period[12] - The ending balance of cash and cash equivalents was ¥134,306,368.58, compared to ¥174,230,918.46 in the previous period, indicating a decrease of about 23%[38] Shareholder Information - The number of shareholders reached 11,415 at the end of the reporting period[10] - The largest shareholder, Sinochem International, holds 29.19% of the shares[10] Investment and Expenses - Financial expenses for the period increased by ¥10,704,944.54, an increase of 125.37%, primarily due to increased exchange losses during the reporting period[14] - The company reported a financial expense of CNY 18,878,056.35 in Q1 2018, which increased significantly from CNY 8,579,951.68 in the previous year[31] - The company recorded a total investment cash outflow of CNY 17,952,190.83 in Q1 2018, up from CNY 8,692,404.51 in the same period last year[35] - Investment activities resulted in a net cash outflow of ¥12,115,811.41, compared to a net outflow of ¥8,661,404.51 in the previous period, indicating increased investment expenditures[38] Other Financial Metrics - The weighted average return on equity increased by 2.4709 percentage points to 5.2676%[6] - The company's cash and cash equivalents increased to ¥166,565,320.55 from ¥161,037,749.51, reflecting a growth of 3.1%[25] - Accounts receivable rose to ¥399,907,341.30 from ¥366,842,570.04, indicating an increase of 9.0%[25] - Inventory levels increased slightly to ¥414,617,112.76 from ¥408,356,396.94, a rise of 1.0%[26] - The company reported a significant increase in investment income, which reached ¥12,287,106.45 compared to ¥5,301,406.54 in the previous year, marking an increase of 132.5%[29] - The total equity attributable to shareholders increased to ¥1,631,233,563.20 from ¥1,548,621,342.75, reflecting a growth of 5.3%[27]