FJC(SH:600802)2018-04-26 16:00Financial Performance - Operating revenue for the period reached CNY 503,025,543.19, representing a 41.57% increase year-on-year[6] - Net profit attributable to shareholders was CNY 86,478,233.12, a significant recovery from a loss of CNY 43,536,662.61 in the previous year[6] - Basic earnings per share improved to CNY 0.226, compared to a loss of CNY 0.114 in the same period last year[6] - The weighted average return on equity increased to 13.40%, up 24.55 percentage points from -11.15%[6] - Total profit increased by ¥168,634,808.56, resulting in a profit of ¥110,872,285.92 compared to a loss in the previous year[15] - Net profit attributable to the parent company reached ¥86,478,233.12, an increase of ¥130,014,895.73 year-on-year[15] - Net profit for Q1 2018 reached CNY 94,427,579.08, compared to a net loss of CNY 57,762,522.64 in Q1 2017, indicating a significant turnaround[31] - The company reported an operating profit of CNY 110,796,089.53, a significant improvement from an operating loss of CNY -60,281,922.74 in the previous year[31] - The company achieved a total comprehensive income of CNY 86,121,164.08, compared to a total comprehensive loss of CNY -56,111,594.14 in the same quarter last year[32] Cash Flow - Cash flow from operating activities was CNY 31,679,873.25, a turnaround from a negative cash flow of CNY 104,098,445.06 in the previous year[6] - Operating cash inflow totaled CNY 476,944,013.83, an increase of 21.9% from CNY 391,303,300.04 in the previous period[38] - Net cash flow from operating activities was CNY 31,679,873.25, recovering from a negative CNY 104,098,445.06 in the prior period[38] - Cash inflow from investment activities reached CNY 52,237,066.12, significantly up from CNY 15,830.00[39] - Net cash flow from investment activities was CNY 45,767,165.13, a recovery from a negative CNY 7,816,078.78[39] - Cash inflow from financing activities was CNY 699,002,714.95, slightly down from CNY 719,000,000.00[39] - Net cash flow from financing activities was negative CNY 197,840,192.22, worsening from negative CNY 27,996,195.16[39] - The company reported a net decrease in cash and cash equivalents of CNY 120,393,153.84, an improvement from a decrease of CNY 139,910,719.00[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,911,814,533.53, a decrease of 3.95% compared to the end of the previous year[6] - Cash and cash equivalents decreased by 31.93% to ¥256,689,859.51, primarily due to the repayment of bank loans totaling ¥199 million[12] - Total current assets decreased from ¥726,820,304.80 at the beginning of the year to ¥637,759,773.65, a decline of approximately 12.2%[21] - Total non-current assets decreased from ¥3,345,875,213.67 to ¥3,274,054,759.88, a reduction of approximately 2.1%[22] - Total liabilities decreased from ¥3,017,518,999.26 to ¥2,769,660,274.44, reflecting a decline of approximately 8.2%[23] - Total current liabilities decreased from ¥2,861,411,087.59 to ¥2,616,374,141.29, a decrease of approximately 8.5%[22] - Short-term borrowings decreased from ¥1,873,400,000.00 to ¥1,709,400,000.00, a reduction of about 8.8%[22] - The company's equity attributable to shareholders increased from ¥603,146,302.67 to ¥682,174,696.59, an increase of about 13.1%[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 45,874[9] - The largest shareholder, Fujian Provincial Building Materials (Holding) Co., Ltd., held 28.78% of the shares[9] Government Compensation and Other Income - The company received government compensation of CNY 40,396,046.33 related to the disposal of non-current assets[8] - Other income increased by ¥2,189,992.92, reflecting government subsidies related to the company's regular activities[14] - The company received a total compensation of ¥73,956,630.00 for the relocation of its Zhangzhou cement plant, with ¥40,396,046.33 recognized in this period[18] Inventory and Prepayments - Total inventory increased from ¥150,632,511.39 to ¥161,236,263.88, an increase of approximately 7.5%[21] - Prepayments increased by 802.64% to ¥46,375,655.50, attributed to prepayments for raw materials and electricity by subsidiaries[13] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]