凤竹纺织(600493) - 2018 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 45.53% to CNY 5,889,647.22 year-on-year[6]. - Operating revenue rose by 7.65% to CNY 174,364,363.55 compared to the same period last year[6]. - Basic earnings per share rose by 45.64% to CNY 0.0217[6]. - Operating profit for Q1 2018 reached CNY 7,108,194.59, compared to CNY 5,455,768.22 in Q1 2017, representing a growth of 30.2%[28]. - The net profit for Q1 2018 was CNY 5,889,647.22, up 45.5% from CNY 4,046,971.43 in Q1 2017[29]. - The total comprehensive income attributable to the parent company for Q1 2018 was CNY 5,889,647.22, an increase of 45.5% from CNY 4,046,971.43 in the previous year[29]. Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash outflow of CNY -7,579,683.55 compared to CNY -18,730,874.46 in the previous year[6]. - The company reported cash inflows from operating activities totaling CNY 241,171,124.02, compared to CNY 191,923,790.30 in Q1 2017, marking a 25.6% increase[33]. - The cash outflow from operating activities was CNY 248,750,807.57, up from CNY 210,654,664.76 in the previous year[33]. - The net cash flow from operating activities was -4,110,814.53 CNY, a decrease from -24,869,397.11 CNY in the previous period[36]. - The total cash and cash equivalents at the end of the period were 56,406,189.29 CNY, down from 85,788,563.40 CNY at the beginning of the period[36]. Assets and Liabilities - Total assets decreased by 1.62% to CNY 1,070,873,296.40 compared to the end of the previous year[6]. - The total amount of entrusted financial products was 45,500,000 RMB, with actual returns of 96,103.42 RMB during the reporting period[19]. - Total liabilities decreased to CNY 336,169,692.58 from CNY 315,337,289.69, indicating a reduction in financial obligations[26]. - The company's cash and cash equivalents decreased to 98,573,186.06 RMB from 144,247,771.05 RMB at the beginning of the year[22]. - The inventory balance as of March 31, 2018, was 186,885,619.36 RMB, down from 204,855,121.88 RMB at the beginning of the year[23]. Investments and Projects - The new factory project in An Dong is expected to have a total production capacity of 100,000 tons of knitted dyed fabric, 7,500 tons of knitted printed fabric, and 3,000 tons of yarn, with a total investment of approximately 650 million RMB[15]. - The company has completed the land reserve work for the new factory project in An Dong, covering 165.33 acres, with all preparatory work completed as of January 2, 2018[15]. - The company plans to establish a joint venture with CITIC Environment to invest in the dyeing demonstration park in Anyang, adapting to new environmental regulations[17]. Shareholder Information - The number of shareholders reached 24,155, with the top ten shareholders holding significant stakes[10]. Financial Expenses - Financial expenses surged by 279.79% to CNY 4,028,956.77 due to increased loan interest and foreign exchange losses[12].