凌云股份(600480) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue rose by 11.33% to CNY 3,107,424,636.19 year-on-year[6] - Net profit attributable to shareholders decreased by 29.81% to CNY 67,656,404.92 compared to the same period last year[6] - Basic earnings per share fell by 28.57% to CNY 0.15[6] - The company's revenue for the reporting period increased by 11.33% year-on-year, reaching approximately RMB 3.11 billion, driven by a focus on high-tech projects and significant contributions from new products[15] - Operating costs rose by 13.03% year-on-year, totaling approximately RMB 2.52 billion, primarily due to increased revenue leading to higher costs[15] - Management expenses increased by 26.23% year-on-year, amounting to approximately RMB 230.37 million, attributed to higher employee compensation and increased R&D investment[15] - Financial expenses decreased by 30.01% year-on-year to approximately RMB 25.89 million, due to increased exchange gains from RMB fluctuations[15] - Asset impairment losses decreased by 105.66% year-on-year, indicating a reduction in impairment provisions during the reporting period[15] - Non-operating income surged by 134.46% year-on-year, reaching approximately RMB 13.21 million, largely due to increased government subsidies[15] - Non-operating expenses dropped by 90.90% year-on-year, totaling approximately RMB 75.41 thousand, due to reduced losses from non-current asset disposals[15] - Net profit for the current period was ¥150,359,306.05, a decrease of 10.4% from ¥167,747,605.72 in the previous period[26] - The company's operating profit decreased to ¥177,908,161.63, down 5.4% from ¥188,808,497.65 in the previous period[26] - Earnings per share (EPS) for the current period was ¥0.15, compared to ¥0.21 in the previous period, reflecting a decline of 28.6%[27] - The company reported a total comprehensive income of ¥143,798,508.68, down from ¥168,398,925.61 in the previous period[27] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -800,573,012.37, worsening from CNY -508,419,990.07 in the previous year[6] - The net cash flow from operating activities decreased by approximately RMB 292.15 million year-on-year, primarily due to increased procurement and labor costs[16] - The net cash flow from financing activities increased by approximately RMB 523.53 million year-on-year, reflecting a higher demand for external financing as the company's operations expanded[17] - The cash inflow from operating activities amounted to CNY 2,225,400,904.92, an increase of 16.6% compared to CNY 1,908,073,473.51 in the previous period[33] - The net cash outflow from operating activities was CNY -800,573,012.37, worsening from CNY -508,419,990.07 in the prior period[34] - Cash inflow from financing activities reached CNY 1,015,650,517.76, significantly up from CNY 453,499,198.69 year-over-year[34] - The net cash flow from financing activities was CNY 783,556,168.33, compared to CNY 260,021,500.36 in the previous period, indicating a strong increase[34] - The cash inflow from sales of goods and services was CNY 2,155,990,006.93, up from CNY 1,851,545,777.37, reflecting a growth of 16.4%[33] - The total cash outflow for operating activities was CNY 3,025,973,917.29, compared to CNY 2,416,493,463.58 in the previous period, marking an increase of 25.3%[34] Assets and Liabilities - Total assets increased by 9.80% to CNY 13,012,589,143.98 compared to the end of the previous year[6] - Accounts receivable increased by 85.65% to CNY 2,881,765,973.29, attributed to business expansion[11] - Short-term borrowings increased by 33.75% to CNY 3,071,335,781.87, primarily for working capital[11] - Other receivables rose by 62.54% to CNY 43,690,735.60, driven by increased service fees and performance guarantees[11] - Total current liabilities increased to ¥7,048,980,623.94 from ¥6,083,452,177.72, representing a growth of approximately 15.9%[21] - Total liabilities amounted to ¥7,521,782,530.71, compared to ¥6,502,565,118.04, marking an increase of about 15.6%[21] - The company's total equity increased to ¥5,490,806,613.27 from ¥5,348,631,576.45, showing a growth of approximately 2.7%[21] - The total non-current liabilities were recorded at ¥472,801,906.77, up from ¥419,112,940.32, indicating an increase of about 12.8%[21] - The company's retained earnings rose to ¥1,510,251,684.91 from ¥1,442,595,279.99, reflecting an increase of approximately 4.7%[21] Inventory and Investments - Inventory levels slightly increased to ¥192,215,087.70 from ¥190,599,682.73, a rise of about 0.8%[23] - Long-term investments grew to ¥2,842,583,947.27 from ¥2,384,462,987.35, representing an increase of approximately 19.2%[23]