SCSF(SH:600779)2018-04-27 16:00Financial Performance - Operating revenue rose by 87.73% to CNY 748,338,043.17 year-on-year[6] - Net profit attributable to shareholders increased by 61.42% to CNY 148,528,229.23 compared to the same period last year[6] - Basic earnings per share rose by 68.03% to CNY 0.3169[6] - Net profit for Q1 2018 was ¥154,830,640.26, representing a 67.9% increase from ¥92,154,009.63 in Q1 2017[27] - The total comprehensive income for the period was CNY 154,830,640.26, an increase of 67.9% from CNY 92,154,009.63 in the previous year[28] Assets and Liabilities - Total assets increased by 7.25% to CNY 2,991,083,821.58 compared to the end of the previous year[6] - The balance of inventory rose to ¥1,191,597,205.61, compared to ¥920,412,028.80 at the beginning of the year, reflecting increased stock levels[18] - The company’s total liabilities increased to ¥1,800,000,000, reflecting a rise in accounts payable and other liabilities[19] - Total liabilities increased to ¥504,753,092.70 in Q1 2018, up from ¥459,531,588.30 at the start of the year, marking an increase of 9.7%[24] Cash Flow - The net cash flow from operating activities was negative at CNY -93,137,890.98, compared to CNY 168,641,977.63 in the same period last year[6] - The cash flow from operating activities showed a net outflow of CNY 93,137,890.98, compared to a net inflow of CNY 168,641,977.63 in the same period last year[32] - The company experienced a net decrease in cash and cash equivalents of -$225,397,648.69 compared to -$6,776,930.67 in the previous year[36] Shareholder Information - The number of shareholders reached 34,580 at the end of the reporting period[9] - The largest shareholder, Sichuan Chengdu Shuijingfang Group, holds 39.71% of the shares[9] Operating Costs - Operating costs rose to ¥143,750,709.91, up 59.43% from ¥90,166,093.08 in the previous year, primarily due to increased sales volume[15] - Total operating costs for Q1 2018 were ¥546,084,146.66, up 102.5% from ¥270,801,420.31 in Q1 2017[27] - The company incurred operating costs of CNY 156,478,011.99, which is 134.0% higher than CNY 66,881,092.90 in the previous year[30] Tax and Expenses - Tax and additional charges surged by 183.17% to ¥108,005,841.12, reflecting higher consumption tax linked to sales growth[15] - The company recorded a tax expense of CNY 12,386,708.91, which is significantly higher than CNY 804,028.20 in the same period last year[30] - Payments to employees amounted to $64,658,897.65, compared to $47,555,348.43 in the previous year, reflecting an increase in labor costs[36] Government Subsidies - Government subsidies recognized in the current period amounted to CNY 7,976,738.93[8]