SANAN(SH:600703)2018-04-25 16:00Financial Performance - Net profit attributable to shareholders rose by 40.14% to CNY 968.29 million year-on-year[7] - Basic earnings per share increased by 41.18% to CNY 0.24 per share[7] - The net profit for Q1 2018 was CNY 968.23 million, an increase of 40.1% compared to CNY 690.95 million in the same period last year[28] - The operating profit for Q1 2018 reached CNY 1.11 billion, up from CNY 859.46 million, reflecting a growth of 29.5% year-over-year[28] - The total comprehensive income for Q1 2018 was CNY 956.00 million, an increase from CNY 755.09 million in the same period last year, reflecting a growth of 26.6%[28] Revenue and Costs - Revenue decreased by 2.26% to CNY 1.94 billion compared to the previous year[7] - Total operating revenue for Q1 2018 was CNY 1,944,913,494.68, a decrease of 2.25% compared to CNY 1,989,934,884.43 in the same period last year[27] - Total operating costs for Q1 2018 were CNY 1,170,396,519.79, down 4.91% from CNY 1,230,863,367.05 in Q1 2017[27] Cash Flow - Operating cash flow increased by 41.76% to CNY 944.56 million compared to the same period last year[7] - Cash received from other operating activities increased by 364.89% compared to the same period last year, mainly due to increased government subsidies[16] - Cash inflow from operating activities totaled ¥1,160,155,606.85, up from ¥518,426,408.81 in the previous year, reflecting a year-over-year increase of approximately 123.7%[36] - The net cash flow from operating activities for the first quarter of 2018 was ¥413,277,218.23, compared to a negative cash flow of ¥23,649,781.01 in the same period last year, indicating a significant improvement[37] Assets and Liabilities - Total assets increased by 6.29% to CNY 26.82 billion compared to the end of the previous year[7] - The company's total assets increased to CNY 26,824,399,495.36, up from CNY 25,236,659,941.87 at the beginning of the year, reflecting a growth of 6.30%[22] - Current liabilities rose to CNY 1,822,265,956.12, compared to CNY 1,597,862,740.16, marking an increase of 14.05%[22] - The company's total liabilities reached CNY 6,095,896,437.04, up from CNY 5,464,318,758.62, indicating a growth of 11.55%[22] Shareholder Information - The number of shareholders reached 94,511 by the end of the reporting period[10] - The largest shareholder, Xiamen Sanan Electronics Co., Ltd., holds 29.76% of the shares[10] Development and Expenditures - Development expenditures increased by 39.44% to CNY 294.16 million compared to the previous year[12] - Development expenditures increased by 39.44% compared to the beginning of the period, driven by increased investment in new product research and development[13] Other Income and Expenses - Non-operating income from government subsidies amounted to CNY 340.68 million[6] - Other income increased by 263.71% compared to the same period last year, primarily due to an increase in government subsidies related to daily activities[15] - Financial expenses increased by 804.37% compared to the same period last year, mainly due to increased exchange losses from currency fluctuations[14] - The company reported a decrease in investment income, with a loss of CNY 1.60 million compared to a gain of CNY 6.78 million in the previous year[28]