WHEE(SH:600475)2018-04-27 16:00Financial Performance - Operating revenue for the period reached CNY 1,157,866,897.24, representing a 22.45% increase year-on-year[6] - Net profit attributable to shareholders was CNY 150,010,758.05, a 2.88% increase compared to the same period last year[6] - The net profit attributable to the parent company was reported at ¥3,597,672,428.85, an increase from ¥3,447,661,670.80[20] - Net profit for Q1 2018 reached CNY 164,515,615.44, representing a 6.0% increase from CNY 154,608,802.43 in Q1 2017[27] - The total profit for Q1 2018 was CNY 114,225,277.61, an increase from CNY 99,853,915.51 in the previous year, representing a growth of approximately 14.4%[30] Cash Flow - The net cash flow from operating activities was negative at CNY -344,534,405.89, compared to CNY -20,744,229.57 in the previous year[6] - Cash inflow from operating activities was CNY 1,279,242,522.99, slightly up from CNY 1,269,158,079.78 in the same period last year[33] - Cash outflow from investing activities totaled CNY 24,502,604.47, a decrease from CNY 73,316,021.94 in the previous year, showing improved cash management[33] - The net cash flow from financing activities was CNY 160,874,630.24, compared to CNY -49,688,805.43 in Q1 2017, indicating a positive shift in financing operations[34] - The ending cash and cash equivalents balance was CNY 804,235,769.35, down from CNY 1,301,323,887.08 at the end of Q1 2017[34] Assets and Liabilities - Total assets increased by 1.21% to CNY 10,265,986,261.91 compared to the end of the previous year[6] - Total current assets amounted to ¥5,984,277,428.18, a slight increase from ¥5,886,479,033.20 at the beginning of the year[18] - Total liabilities decreased to ¥5,216,257,625.96 from ¥5,264,766,316.72, indicating improved financial stability[20] - The company's total assets reached ¥10,265,986,261.91, up from ¥10,143,267,205.15 at the start of the year[20] Shareholder Information - The number of shareholders reached 20,131, with the top ten shareholders holding 72.11% of the shares[10] - Basic and diluted earnings per share for Q1 2018 were both CNY 0.2682, slightly higher than CNY 0.2681 in the previous year[28] Expenses - Sales expenses increased by 64.83% to ¥19,168,452.72 due to higher transportation and consulting costs[15] - The company paid CNY 172,355,318.24 to employees, which is an increase from CNY 147,680,500.84 in the same period last year, indicating rising labor costs[33] - The total cash outflow from operating activities was CNY 1,623,776,928.88, compared to CNY 1,289,902,309.35 in Q1 2017, highlighting increased operational expenses[33] Investments and Acquisitions - The company acquired 50.10% of Wuxi Municipal Design Institute, which generated revenue of CNY 78,013,800 and a net profit of CNY 3,855,800 in the previous year[5] - The company received CNY 15,000,000.00 from investment activities, a significant decrease from CNY 372,960,060.00 in the previous year, indicating reduced investment returns[38] Other Financial Metrics - The weighted average return on equity decreased by 1.23 percentage points to 3.48%[6] - Financial income rose significantly by 300.77% to -¥6,659,796.45, primarily from increased interest income[15] - Asset impairment losses increased by 184.63% to ¥1,350,000.00, attributed to higher provisions for bad debts[15] - The company has not indicated any significant changes in its profit forecast compared to the previous year[15] - The company plans to continue expanding its market presence and investing in new technologies, although specific figures were not disclosed in the report[26]